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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.

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  1. Home
  2. New Developments
  3. New York City
  4. Brooklyn
  5. 11230
  6. 1170 Ocean Parkway #PHL
Property thumbnail
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★ Sponsor Unit
✓ No Board Approval Required
Stock Cooperative•Midwood

1170 Ocean Parkway #PHL, New York City, NY 11230

Listing Courtesy of CORE Group Marketing LLC

$379,000

Potential Rebate: $5,685

Stock Cooperative
1 Bed
1 Bath
3 Rooms
226,980 sqft
Built 1965
13 Stories
2/ft²
Listed on Aug 13, 2025
135 days on market
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Overview

Brand-new triple-mint penthouse with sunsets and Manhattan skyline views in a full-service co-op.

Perched high above Brooklyn’s historic Ocean Parkway, this newly renovated penthouse home offers a bright, thoughtfully designed living space with sweeping views of the Manhattan skyline.

The expansive living and dining area, framed by western exposures, captures stunning sunsets and provides an ideal setting for both relaxation and entertaining. A brand-new, windowed kitchen overlooking Ocean Parkway combines modern finishes with functionality.

The spacious bedroom is complemented by ample closet and storage space throughout the home, while the elegantly finished bathroom features classic white subway tile and brand-new fixtures, completing the home’s turnkey appeal.

The Sutton House is recognized as Midwood’s premier full-service co-op. It offers exceptional amenities, outstanding management, and a prime location on the historic tree-lined Ocean Parkway South. Residents are welcomed by an attractive, handicap-accessible lobby with a 24/7 doorman and concierge service, a live-in super, and two elevators, including a Shabbos elevator.

Amenities include a voice intercom system, FiOS and cable access, a bike and storage room, central laundry, a courtyard with picnic and barbecue areas, a large heated seasonal outdoor pool, and an indoor parking garage (subject to waitlist). Maintenance includes utilities including electric, gas, and heat. Subletting is permitted.

The Sutton House combines quiet residential living with easy access to the best of Brooklyn.

Home Features

  • •Central Air
  • •Central
  • •Common On Floor
  • •Building Barbecue
  • •Building Courtyard
  • •Breakfast Bar
  • •Entrance Foyer
  • •Eat-in Kitchen

Estimated Monthly Payment

$3,253 per month

30 year fixed, 6.28% Interest

Principal and Interest
$1,873
Property Taxes
$0
Maintenance/Common Charges
$1,380

Estimated Rebate for this Home

One-time rebate at closing

$5,685

Monthly savings impact

$16/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).

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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 CORE Group Marketing LLC

Data Source: TRESTLE #RLS20043325

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Price Analysis

Compare average listing prices and value metrics for 1170 Ocean Parkway against the surrounding Midwood market.

Based on 3 active units in building vs 36 in area

Average List Price

Building$276.3K
Neighborhood$851.2K

Price Per SqFt

Building Avg$247/ft²
Neighborhood Avg$692/ft²
Value Opportunity

64.35% 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.

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