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416 Ocean Avenue 50Brooklyn, NY 11226

For Sale

$725,000

Smart Buyer Rebate $5,625

Architect-Designed Perfection by Prospect Park What happens when two architects reimagine their own home? Apartment 50 at the storied 416 Ocean Avenue is the answer: a pre-war one-bedroom transformed into a modern design masterpiece. From the gracious entry foyer (with oversized utility closet) to the soaring 10-foot ceilings, every inch radiates craftsmanship. The chef's kitchen is a showpiece boasting soapstone counters, Stoffer Home Cabinetry and top-tier appliances-Bosch, Blomberg, Bluestar, XO, and Vola. The spa-like bath stuns with RBW lighting, Hamilton Sinkler hardware, Robern storage, Waterworks fixtures, and hand-selected Zellige tile. Wide-plank European white oak floors, new windows, a fully upgraded electrical system, and meticulous 2020 renovation details complete the picture. 416 Ocean Avenue is a 90-unit cooperative located on the verge of Prospect Park with a real sense of community. The ornate pre-war lobby sets the tone, while modern upgrades-new roof and cornice, updated boilers, gas piping, and electrical-ensure peace of mind. Residents enjoy pet-friendly living, bike and storage rooms, a live-in super, part-time doorman, and flexible purchasing policies (co-purchasing, pied-à-terres, gifting, and up to 80% financing). Design pedigree. Pre-war charm. Parkside living. This is not your average one-bedroom.

Listed by George Shapiro

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Douglas Elliman Real Estate

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(646) 820-7456

Listed by MICHAEL B GIDALY

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Douglas Elliman Real Estate

Last updated October 22, 2025

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Source: REBNY #RLS20046722

Listing Facts

  • TypeCo-op
  • NeighborhoodFlatbush
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu45
  • HOA/Maint. Fees$1,028/month

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge

Location

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Listing History

09/30/2025
Price Decreased
$725,000
09/07/2025
Listed by Douglas Elliman Real Estate
$799,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $725,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 416 Ocean Avenue 50

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Doorman Part Time

Fees

  • Association Fee: $1,028.00 Monthly

Financial

  • Flip Tax: 1.0%
  • Flip Tax Remarks: Seller Pays 1% Of Sales Price Flip Tax SELLER PAYS

Exterior

Construction

  • Number Of Units Total: 90
  • Stories Total: 9
  • Structure Type: High Rise
  • Year Built: 1924
  • Entry Level: 5

Features

  • Building Features: Elevator(s)
  • View: City

Financial

Taxes

  • Parcel Number: 05061-0040-00416-000-0000050

Interior

Features

  • Appliances: Washer Dryer Allowed

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Prospect Park South
  • Tax Block: 05061
  • Tax Lot: 0040

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes

Based on information from Real Estate Board of New York and/or other sources. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.