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571 Ocean Parkway, New York, NY 11218
$16,000,000
571 Ocean Parkway, New York, NY 11218View this property at 571 Ocean Parkway, New York, NY 11218
571 Ocean ParkwayNew YorkNY11218
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Property Description
This newly built and fully occupied 8-story rental building with 30 Units (29 1 Bedroom units and 1 community facility). 9 of the units are HPD affordable and there is a 35 year tax abatement in place. Building includes Dog spa, Gym and rooftop! This is perfect for a 1031 exchange or any investor looking for a stable purchase also there is an option for an assumable loan. Please contact agent for more details and setup.
Full Property Details
Full Property Details for 571 Ocean Pkwy
General
- Price: $16,000,000
- Taxes: $10,668
- Status: Active
- Type: Single Family
- MLS ID: COMP-1550910082252534049
- Updated: 4/10/2024
- Added to Site: 41 day(s) ago
Interior
- Number of Rooms: 40
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 20
- Full Bathrooms: 20
Bedrooms
- Total Bedrooms: 20
Other Rooms
- Laundry: In Unit, See Remarks
Location
- County: Kings
- Subdivision: Kensington
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
Structural Information
- Structure Type: Multi Family
- Stories/Levels: 2
- Square Feet: 23,782
- Living Area: 23,782 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Dimensions: 40.000000 x 140.000000
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $10,668
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Block: 5400
- Lot Number: 72
Listing Courtesy of Compass
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Schools
Schools serving 571 Ocean Pkwy
School District:New York City Geographic District #22
Rating | Name | Grades | Distance |
---|---|---|---|
4001 18th Ave, Brooklyn, NY 11218 | PK-5 | 0.2 mi | |
700 Cortelyou Rd, Brooklyn, NY 11218 | 6-8 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 571 Ocean Pkwy
Date
Details
Price
Change
Source
4/09/2024
Listed
$16,000,000
2252.94%
MLS
8/01/2023
Sold
$680,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 571 Ocean Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$139,860
1211%
$1,233,000
415%
2022
$10,672
4%
$239,400
390%
2021
$10,291
-20%
$48,900
-56%
2020
$12,851
1%
$110,460
—
2019
$12,754
17%
$110,460
94%
2017
$10,932
—
$56,846
6%
2017
$10,932
8%
$53,629
6%
2016
$10,114
2%
$50,595
—
2015
$9,893
3%
$50,595
1%
2015
$9,619
18%
$50,212
6%
2013
$8,136
—
$47,372
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 571 Ocean Pkwy
571 Ocean Parkway, New York, NY 11218 (MLS# COMP-1550910082252534049) is a Single Family property with 20 bedrooms and 20 full bathrooms. 571 Ocean Parkway is currently listed for $16,000,000 and was received on April 09, 2024. Want to learn more about 571 Ocean Parkway? Do you have questions about finding other Single Family real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.