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416 Ocean Avenue, #74, Brooklyn (Prospect Park South), NY, 11226 | $1,195,000
Welcome to 416 Ocean Avenue, a distinguished cooperative in the heart of Prospect Park South.
Originally the Brace Bridge Hotel, this historic building offers a unique blend of timeless charm and modern convenience. Ideally located just minutes from Prospect Park, this home is surrounded by vibrant dining, shopping, and recreational opportunities.
This beautifully reimagined home is designed for contemporary living while maintaining its pre-war elegance. Wide-plank oak flooring and custom-built storage greet you as you enter the spacious and sunlit interior. The kitchen is a standout feature, boasting marble countertops, a tiled backsplash, and Thermador appliances, including a gas cooktop, double wall oven, and suspended range hood. The open-concept layout flows into a bright dining area, separated from the expansive living room by elegant French pocket doors. East-facing windows flood the living space with natural light and offer open-sky views, perfect for relaxing or entertaining.
The primary and second bedrooms are generously sized, easily accommodating king beds and additional furniture. The sun-drenched primary suite provides a peaceful retreat, while both bathrooms have been meticulously renovated with high-end finishes and modern functionality.
416 Ocean Avenue offers an array of amenities, including a live-in superintendent, part-time doorman service, laundry facilities, and bike storage in the basement. The pet-friendly building welcomes pied- -terres and gifting, making it a versatile choice for a variety of lifestyles. Located just a block from the B and Q trains, you'll enjoy swift access to Park Slope in minutes and Manhattan in under 30 minutes. Outdoor enthusiasts will love the proximity to Prospect Park and the Parade Ground's sports fields and tennis courts.
Don't miss this opportunity to own a piece of Brooklyn history, impeccably updated for modern living.
Features
- Town: Brooklyn
- Cooling: Unknown Type
- Levels: 9
- Amenities: Bike Room; Laundry Room; Common Storage;
- Rooms: 8
- Bedrooms: 3
- Baths: 2 full
- Year Built: 1924
- Pet Policy: No Pets
- Washer/Dryer Allowed: Yes
- Building Access : Elevator
- Service Level: Part Time Doorman
- OLR#: RPLU1032523327514
- Days on Market: 12 days
- Website: https://www.raveis.com
/prop/RPLU1032523327514/416oceanavenue_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Serhant LLC
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
416 Ocean Avenue, #74, Brooklyn (Prospect Park South), NY, 11226
$1,195,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.648% | 6.597% | 6.158% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,503 | $6,043 | $8,067 |
| Total Monthly Payment | $5,628 | $6,168 | $8,192 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535