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2072 Ocean Ave APT 701, Brooklyn, NY, 11230

2beds
2baths
990sqft
$625,000
$631price/sqft
$3,889/moest. monthly cost
$155,560/yrincome needed

About This Home

Welcome to this exceptional penthouse condo located at 2072 Ocean Avenue #701 in the heart of Midwood. Offering a rare blend of comfort, convenience, and outdoor living. Situated in a well-maintained elevator building. The apartment features two private balconies, perfect for relaxing or entertaining. The primary bedroom includes an en-suite full bathroom with a jacuzzi tub and direct access to one of the balconies, creating a private retreat. The condo features a functional layout with bright living, generous bedroom sizes, and a washer/dryer hookup for added convenience. Enjoy the benefits of condo living with low maintenance of $470, which includes a dedicated parking spot. Ideally located near shopping, dining, transportation, and neighborhood amenities, this home is a fantastic opportunity. A rare penthouse condo opportunity not to be missed.

Getting Around

96
WalkingWalker's Paradise
0
TransitVery Limited Transit
62
BikeBikeable

Schools

7/10
4/10
James Madison High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 2003

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 990
  • Total interior livable area: 990 sqft

Property

Accessibility

  • Accessibility features: Wheelchair Access

Details

  • Parcel number: 067661014
  • Special condition: Resale

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$192$2,304
Property Taxes $291$3,492
Electricity $246$2,954
Total$3,889$46,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$133,337/yr
40% on housing$116,670/yr
45% on housing$103,706/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$631This listing

vs Other Active Listings

Avg $/sqft

ZIP 11230$663
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11230$659
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-10Price change$649,999
2026-03-05Price change$665,000
2026-01-20Listed for sale$699,000
2021-10-05Listing removed--
2020-06-24Listed for sale$699,000
2010-03-14Sold$182,520

For Sale by Agent

AgentJulianne Shea
BrokerageReal Broker NY LLC

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