---
title: "416 Ocean Avenue #62, New York City, NY 11226"
description: "416 Ocean Avenue #62, New York City, NY 11226 — Prospect Park South, New York City, NY. Listing Price $675,000. In contract 5/28/2026. 2 bed, 1 bath, 975 sqft Illustrative Buyer Commission Share of $10,125 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/416-ocean-avenue-62-ny-11226"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 416 Ocean Avenue #62, New York City, NY 11226

Prospect Park South, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $675,000
- **Status**: In contract 5/28/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 975
- **Common Charges**: $1,411 / mo
- **Price per Sqft**: $692
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $675,000
- **Illustrative Buyer Commission Share**: -$10,125*
- **Illustrative Net Cost**: $664,875

*Illustrative Buyer Savings of $10,125 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![416 Ocean Avenue #62, New York City, NY 11226 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5398bb52-bacd-4470-9918-a56a304fd6b0.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7816aeaf-275d-4719-a856-5674f0af34ca.png)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/da93d573-c8ca-45c8-810a-ad754faa51aa.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d9b47112-960e-4263-afbd-9a610a116e9c.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/71dea511-5b53-44b1-835f-2a412f1a5660.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d7c9a382-2ae4-4b5f-9492-cb804d410591.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/245deeeb-7797-4b45-a35d-44175260b462.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bd7fc34d-19d9-4d32-9932-878b8204058f.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/852cd7b3-d504-438e-9273-71ca0846d14b.jpg)
![416 Ocean Avenue #62, New York City, NY 11226 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c57fdbee-56d0-411a-bc36-206aa3c40067.jpg)

## Property Overview

***CONTRACTOR SPECIAL 2-BEDROOM FIXER UPPER***

Opportunity Awaits: Residence 62 at 416 Ocean Avenue
Introducing Residence 62, a rare, newly listed fixer-upper in one of Brooklyn’s iconic prewar buildings known as Bracebridge Hall. This spacious two bedroom “Contractor Special” is brimming with potential for modernly visualized customization.

The apartment features high ceilings and a flexible layout that invites you to craft your dream home with rich architectural details. As a blank canvas, it allows you to create your ideal living space while enjoying the building’s storied elegance.

About the Building
 416 Ocean Avenue is a historic gem featuring a brick and limestone façade with Venetian balconies. Residents benefit from a part time doorman, ButterflyMX intercom, live-in super, bike storage, laundry room, and pet-friendly policies. Pied-à-terres and gifting are welcome. Maintenance covers heat, hot water, and taxes.
Unbeatable Location
 Located half a block from the B/Q subway lines, Manhattan is just 20 minutes away. Prospect Park and the Parade Grounds park tennis, soccer are only two blocks from your doorstep.

Additional Notes
 This is an as-is sale, perfect for those looking to renovate and customize. All showings by appointment. Some images may be virtually staged.
Unlock the potential of prewar charm and create your perfect home in one of Brooklyn’s beautiful neighborhoods.

## Property Details

- **Property Type**: Co-op
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 6
- **Sqft**: 975 sqft
- **Stories**: 9
- **Year Built**: 1924
- **Price per Sqft**: $692
- **Common Charges**: $1,411.23 / Monthly
- **Listed On**: Mar 19, 2026
- **Days on Market**: 182 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Hardwood

## Estimated Monthly Payment

**$4,824 / month**, assuming a 20% down payment ($135,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,413
- **Common Charges**: $1,411

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

24 apartments at 416 Ocean Avenue have recorded sales since September 2021, the most recent for $910,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [51](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/416-ocean-avenue-51-ny-11226) (Apartment) | 2 | 925 | $910,000 | $984/ft² | July 31, 2026 | City record · MLS |
| 15 (Apartment) | 2 | 1,100 | $675,000 | $614/ft² | January 20, 2026 | City record · MLS |
| 87 (Apartment) | 1 | 900 | $600,000 | $667/ft² | October 24, 2025 | City record · MLS |
| 63 (Apartment) | 4 | 1,600 | $800,000 | $500/ft² | September 18, 2025 | City record · MLS |
| 95 (Apartment) | — | — | $925,000 | — | September 17, 2025 | City record |
| 58 (Apartment) | 2 | 1,250 | $750,000 | $600/ft² | August 1, 2025 | City record · MLS |
| 48 (Apartment) | 2 | 1,250 | $635,000 | $508/ft² | July 9, 2025 | City record · MLS |
| 74 (Apartment) | 3 | 1,450 | $1,160,000 | $800/ft² | June 25, 2025 | City record · MLS |
| 59 (Apartment) | 2 | — | $699,500 | — | May 29, 2025 | City record · MLS |
| 29 (Apartment) | 2 | 1,050 | $109,679 | $104/ft² | April 7, 2025 | City record |
| 39 (Apartment) | 2 | — | $805,000 | — | October 8, 2024 | City record · MLS |
| 76 (Apartment) | 2 | 1,071 | $860,000 | $803/ft² | September 23, 2024 | City record · MLS |
| 41 (Apartment) | 2 | 950 | $705,000 | $742/ft² | August 29, 2024 | City record · MLS |
| 11226 (Apartment) | 3 | 1,450 | $970,000 | $669/ft² | March 7, 2024 | City record · MLS |
| 18 (Apartment) | 2 | 1,100 | $555,000 | $505/ft² | November 6, 2023 | City record · MLS |
| 42 (Apartment) | 3 | 1,200 | $835,000 | $696/ft² | October 31, 2023 | City record · MLS |
| 79 (Apartment) | 2 | 1,077 | $800,000 | $743/ft² | August 30, 2023 | City record · MLS |
| 74 (Apartment) | 3 | 1,450 | $1,100,000 | $759/ft² | June 20, 2023 | City record · MLS |
| 26 (Apartment) | 2 | 1,100 | $625,000 | $568/ft² | April 21, 2023 | MLS |
| 40 (Apartment) | 1 | — | $449,000 | — | March 13, 2023 | City record · MLS |
| 31 (Apartment) | 1 | — | $625,000 | — | February 1, 2023 | City record · MLS |
| 12 (Apartment) | 2 | 1,350 | $1,225,000 | $907/ft² | May 9, 2022 | City record · MLS |
| 44 (Apartment) | 3 | 1,450 | $1,150,000 | $793/ft² | May 5, 2022 | City record · MLS |
| 38 (Apartment) | 2 | 1,065 | $770,000 | $723/ft² | January 19, 2022 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $675,000
- **Median sold price**: $727,500
- **Difference**: -$52,500 (-7.2%)
- **This home, $/ft²**: $692
- **Median $/ft²**: $723
- **Comparable sales**: 14
- **Sales from**: September 2021 – July 2026
- **Middle half of those sales**: $675,000 – $803,750

Based on two-bedroom sales at 416 Ocean Avenue.

### How these sales were negotiated

- **Sale-to-list price**: 96.6% (10 sales)
- **Sold below asking**: 80% (10 sales)
- **Typical time to find a buyer**: 98 days (12 sales)
- **Typical time to close**: 98 days (12 sales)

Based on two-bedroom sales at 416 Ocean Avenue with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median price per square foot, sales at 416 Ocean Avenue

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $600/ft² | 3 (thin) |
| 2019 | $759/ft² | 4 (thin) |
| 2022 | $793/ft² | 3 (thin) |
| 2023 | $719/ft² | 6 |
| 2024 | $742/ft² | 4 (thin) |
| 2025 | $554/ft² | 8 |

Based on recorded sales at 416 Ocean Avenue.

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sales data through July 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 416 Ocean Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/416-ocean-avenue)

## Price and Property History for 416 Ocean Avenue, Unit 62

Review the recorded listing activity for 416 Ocean Avenue, Unit 62, including asking-price changes and prior market dates.

- **Entered contract**: May 28, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| May 28, 2026 | $675,000 | Entered contract |
| February 12, 2026 | $675,000 | Listed for sale by Compass |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 90 apartments. The corporation’s 2026 property tax bill was $509,345 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 416 Ocean Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/416-ocean-avenue)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 416 Ocean Avenue

416 Ocean Avenue, Brooklyn, NY 11226

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1924
- **Active Units**: 1
- **Floors**: 9

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/416-ocean-avenue)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [14](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/416-ocean-avenue-14-ny-11226) | 4 | 4 | 2,450 sqft | $539 | $1,320,000 (-5.7%) | Compass | Apr 24, 2026 | 145 days |
| [62](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/416-ocean-avenue-62-ny-11226) | 2 | 1 | 975 sqft | $692 | $675,000 — In contract | Compass | Mar 19, 2026 | 181 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [51](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/416-ocean-avenue-51-ny-11226) | 2 | 1 | 925 sqft | $984 | $910,000 | Douglas Elliman Real Estate | Apr 7, 2026 | Jul 31, 2026 |

## Prospect Park South

Explore more real estate and insights about Prospect Park South.

[Explore Prospect Park South](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park-south) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Prospect Park South

- [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace)
- [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope)
- [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope)
- [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights)
- [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus)

## Related Links

- [416 Ocean Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/416-ocean-avenue)
- [Prospect Park South neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park-south)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.