2222 Ocean Avenue #2-G, New York City, NY 11229
Listing Courtesy of THE LION REAL ESTATE
$499,000
Potential Rebate: $7,485
Overview
Welcome to 2222 Ocean Ave!<br><br>This exceptional 1 BED / 1 BATH condo is a standout opportunity in South Brooklyn, featuring an APPROVED 421A 15-year tax abatement, offering significant savings through 2035—making it a smart investment or a stylish new home.<br><br>Step inside and let the stress of New York melt away. The open layout boasts a thoughtfully designed kitchen, sun-drenched living spaces, and large windows that fill the home with natural light. The kitchen is both functional and stylish, while the bathroom impresses with luxurious white marble Italian-style finishes.<br><br>The bedroom features beautiful hardwood floors, abundant natural light, and a generous walk-in closet. Italian porcelain floors throughout add an extra touch of elegance. Residents enjoy exclusive amenities including a superintendent, resident lounge, storage, fitness center, and a kids’ playroom.<br><br>Located in the heart of Madison, South Brooklyn, commuting is easy via the B & Q trains. Currently, the apartment is occupied by a tenant paying $2,600/month, with the lease ending on July 26, 2026 (on a Month-to-Month Basis).<br><br>Whether you’re looking to move in, renew the lease long-term, and capitalize on its rental potential, 2222 Ocean Ave is an investor-friendly building offering a unique opportunity in a high-demand neighborhood!<br><br>Disclaimer: Please note that any photographs showing the apartment furnished are provided for reference purposes only and do not reflect the actual condition or current contents of the unit.
Home Features
- •Central Air
- •Building Washer Dryer Install Allowed
- •Washer Dryer Install Allowed
Estimated Monthly Payment
$2,725 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$7,485
Monthly savings impact
$21/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).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
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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 THE LION REAL ESTATE
Data Source: TRESTLE #RLS20061690
Price Analysis
Compare average listing prices and value metrics for 2222 Ocean Avenue against the surrounding Sheepshead Bay market.
Average List Price
Price Per SqFt
69.48% Higher
than the Sheepshead Bay price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Sheepshead Bay.
Sheepshead Bay
Overview of Sheepshead Bay
Sheepshead Bay is a fishing village in the metropolis. Centered around the bay itself, filled with fishing boats and swans, it is a quiet, residential neighborhood with a nautical soul. For buyers seeking Sheepshead Bay Brooklyn real estate, it offers waterfront dining and spacious homes.
Living in Sheepshead Bay is peaceful. You can buy fresh fish directly off the boats or take a fishing charter. As a residential Brooklyn NYC neighborhood, it feels miles away from the stress of Manhattan.
Real Estate & Housing Market
The market for homes for sale in Sheepshead Bay includes detached single-family homes, semi-detached brick houses, and cooperative apartments.
It is a middle-class stronghold, offering stability and value.
Lifestyle & Community
The lifestyle in Sheepshead Bay centers on Emmons Avenue, the waterfront strip lined with seafood restaurants, cafes, and Turkish spots.
The community is diverse, with large Russian, Turkish, and Chinese populations.
Transportation & Accessibility
Sheepshead Bay is served by the B and Q trains. It is a major express stop, making the commute surprisingly efficient.
The Belt Parkway provides easy driving access to the rest of Long Island (and JFK).
Parks, Schools & Amenities
Marine Park is nearby, and the bay promenade is perfect for walking. Kingsborough Community College, located on a peninsula, adds an educational anchor.
Amenities: Fresh seafood markets, fishing piers, and Randazzo's Clam Bar (a classic).
Who This Neighborhood Is Best For
Sheepshead Bay is best for seafood lovers, boat owners, and families wanting a quiet, water-oriented lifestyle.
