--- title: "THE WATERFALLS Condos for Sale in Brooklyn | Buyer Savings" description: "View active listings, prices, and amenities at THE WATERFALLS, located at 1138 OCEAN Avenue, Brooklyn, NY 11230 in Brooklyn. Buy a condo with Buyer Advantage savings." url: "https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/the-waterfalls" source: "Real Estate Rebate Team" dateModified: "2026-09-10T14:07:27.416Z" --- # THE WATERFALLS 1138 OCEAN Avenue, Brooklyn, NY 11230 Ditmas Park · Condominium · Built 2007 Availability last updated: September 10, 2026, 10:07 AM ## At a Glance - **Active Units**: 2 Units - **Starting Price**: $899,000 - **Property Type**: Condominium - **Year Built**: 2007 ## Building Overview The Waterfalls, at 1138 Ocean Avenue, is a residential building in Ditmas Park. It offers parking and a fitness center. ## Illustrative Buyer Savings **$16,275 at Closing** Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction. Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities. **Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335. [Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%20THE%20WATERFALLS) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Key Building Details - **Year Built**: 2007 - **Stories / Floors**: 7 - **Neighborhood**: Ditmas Park - **Active Listings**: 2 units ## Building Amenities - Other - Building Other - Washer Hookup - In Unit - Assigned - Garage - Balcony - Private Outdoor Space Over 60 Sqft - City - Pets: Building Yes - Pets: No ## Active Residence at THE WATERFALLS 2 Active Residences Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage) | Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [THE WATERFALLS #8F](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/1138-ocean-avenue-f-8F-ny-11230) | Condominium | 2 | 2 | — | $1,085,000 | Closed | $16,275* | Corcoran Group | | [THE WATERFALLS #8G](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/1138-ocean-avenue-8g-ny-11230) | Condominium | 2 | 1 | 899 ft² | $899,000 | Active | $13,485* | Corcoran Group | > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. ## Sales History for THE WATERFALLS 86 closings in this building. Prices are the consideration recorded on the deed with the City of New York wherever it has been filed. | Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On | | --- | --- | --- | --- | --- | --- | --- | --- | | 8F | 2 | 2 | — | $1,085,000 (+8.5%) | — | $999,999 | Jul 14, 2026 | | 4B | 2 | 2 | 1,239 | $840,000 (-1.2%) — Public record | $678 | $850,000 | Jul 30, 2025 | | 6A | 3 | 2 | 1,202 | $885,000 — Public record | $736 | — | Sep 18, 2024 | | 5E | 2 | 2 | 1,279 | $895,000 (-3.2%) — Public record | $700 | $925,000 | Jul 3, 2023 | | 8E | 2 | 2 | 1,006 | $850,000 (-12.3%) — Public record | $845 | $969,000 | Jun 28, 2023 | | 2E | 2 | 2 | 1,279 | $825,000 (-2.9%) — Public record | $645 | $850,000 | Jun 9, 2023 | | 5G | 2 | 2 | 1,239 | $835,000 — Public record | $674 | — | Mar 6, 2023 | | 6-C | 3 | 2 | 1,439 | $1,080,000 — Public record | $764 | — | Feb 10, 2023 | | 8-H | 2 | 2 | 1,021 | $828,000 — Public record | $811 | — | Aug 31, 2022 | Showing the 9 most recent of 86 closings. The full record is on the building page. Public record marks a price taken from the deed filed with the City of New York. Rows without it show the price reported to the listing service, which is what is available until the deed is recorded, typically about two weeks after closing. The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record. > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. ## What to Review Before Buying in THE WATERFALLS Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements. 1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value. 2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture. 3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing. ## Location & Neighborhood 1138 OCEAN Avenue, Brooklyn, NY 11230 ### Ditmas Park Ditmas Park is famous for Victorian homes. For buyers seeking Ditmas Park Brooklyn real estate, it is suburban bliss in the city. Living in Ditmas Park is leafy. As a Brooklyn NYC neighborhood, it is unique. Homes for sale in Ditmas Park are large detached Victorians. The lifestyle is porch-sitting. Q train at Cortelyou. Cortelyou Road dining. Architecture lovers. - [Ditmas Park Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/ditmas-park) - [Browse Ditmas Park Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/ditmas-park-brooklyn) - [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Frequently Asked Questions ### Where is The Waterfalls? It is at 1138 Ocean Avenue in Ditmas Park. Have questions about THE WATERFALLS? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com) ## Considering a Residence at THE WATERFALLS? Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available. [Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)