1401 OCEAN Avenue #5F, New York City, NY 11210
Listing Courtesy of Douglas Elliman Real Estate
$275,000
Potential Rebate: $4,125
Overview
<p> </p> <p>Located in Midwood, just one block from the border with charming Ditmas Park, this spacious L-shaped studio offers relaxing views via five East-facing windows, filling it with generous natural light. The apartment features a generous living area, a dining area a separate kitchen, and a windowed sleeping alcove. There are hardwood floors throughout, and closet space is generous. Subletting is permitted after two years of ownership. Monthly maintenance includes all utilities! </p> <p>At The Premier House, residents enjoy 24-hour doorman service, an indoor parking garage (waitlisted), a roof deck pool with stunning views for the use in the summer, an oversized, landscaped courtyard with playground, recreation facilities, a fully equipped laundry room, ample storage, multiple elevators, and additional amenities such as a lending library and assigned parking. The building allows combining adjacent apartments with proper approvals. </p> <p>Located in the heart of Midwood, the building combines residential tranquility with easy access to shopping, dining, and transportation. The neighborhood offers a variety of retail options along Avenue M and Kings Highway, and convenient access to the Q train for a quick commute into Manhattan. This unit is currently the only studio for sale at 1401 Ocean Ave, so do not miss a chance to make it yours.</p> <p> </p>
Home Features
- •Building In Basement
- •Building Courtyard
- •Building Roof Deck
- •Private Outdoor Space Over 60 Sqft
- •Washer Dryer Allowed
Estimated Monthly Payment
$1,925 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$4,125
Monthly savings impact
$11/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
720 Brooklyn Avenue #5K, New York City, NY 11210
Listing Courtesy of RE Max Edge Group
3420 Avenue H #2H, New York City, NY 11210
Listing Courtesy of Compass
2515 GLENWOOD Road #2E, New York City, NY 11210
Listing Courtesy of Douglas Elliman Real Estate
745 East 31ST Street #4B, New York City, NY 11210
Listing Courtesy of Corcoran Group
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20051178
Price Analysis
Compare average listing prices and value metrics for 1401 OCEAN Avenue against the surrounding Midwood market.
Average List Price
Price Per SqFt
27.71% Lower
than the Midwood price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Midwood
Overview of Midwood
Midwood is the quiet giant of Brooklyn. A sprawling, tree-lined neighborhood known for its suburban feel, high-quality schools, and diverse religious communities. For buyers seeking Midwood Brooklyn real estate, it offers large detached homes on leafy streets.
Living in Midwood is calm. It is a place of families, porches, and private driveways. As a central Brooklyn NYC neighborhood, it is a stable, upscale residential enclave.
Real Estate & Housing Market
The market for homes for sale in Midwood features large detached Victorians and Colonials, as well as luxury co-ops along Ocean Parkway.
It is expensive but offers more for the money than the brownstone belt. The housing stock is exceptionally well-maintained.
Lifestyle & Community
The lifestyle in Midwood is focused on home and family. Shopping is concentrated on Kings Highway and Avenue J, featuring diverse kosher restaurants and boutiques.
The community has a large Orthodox Jewish population, as well as many other diverse groups.
Transportation & Accessibility
Midwood is served by the Q and B trains (express) and the F train. The commute is reasonable (35-40 mins to Midtown).
Ocean Parkway is a major thoroughfare for drivers.
Parks, Schools & Amenities
Midwood is home to Brooklyn College nearby, and the tree-lined Ocean Parkway bike path is a major recreational asset.
Amenities: Di Fara Pizza (arguably the best in NYC) is located here, drawing pilgrims from all over the world.
Who This Neighborhood Is Best For
Midwood is best for large families, those seeking a suburban lifestyle within NYC, and pizza enthusiasts.
