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for saleRealtyLens property overview
$425,000
702 Ocean Pkwy Apt 1B
Brooklyn, NY, 11230
View more Brooklyn, NY property pagesStudioBeds
2Baths
1,561Sqft
$272$/sqft
Market Insights
Below nearby median-48%
$272/sqft vs a nearby median of $519/sqft.
Nearby median$519/sqft
Nearby properties8
Property size1,561 sqft
- -48% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,561 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$805k$719k – $891k · 33% confidence
vs ask $425k−$380k (−89.4%)
Asking price is about 89.4% below the fair value — likely to draw competing offers if it's still on market.
$519/sqft median across 4 tight comps × 1,561 sqft= $809k
- Days-on-market gravity−$24k −3.0%
- Transit access+$20k +2.5%
- Modern construction+$12k +1.5%
- Open DOB violations−$8k −1.0%
- Visible condition issues−$4k −0.5%
Cumulative NYC adjustments−$4k−0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 428 days
- Last price change
- No change recorded
- Listed
- Mar 10, 2025
- Photos
- 6 photos
- Property type
- condos
- Status
- for sale
Building Facts
- Year built
- 2004
- Stories
- 8
- Total units
- 25
- Residential units
- 15
- Building area
- 16,630 sqft
- Lot size
- 4,422 sqft
- Land use
- Multi-family elevator buildings
- Building class
- RD
From NYC public records where available.
Price History
May 4, 2026Initial record
$425,000for sale
Public Records
DOB violations9 open
25 total recorded against the building
HPD violations0 open
1 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,776
Top: illegal parking
Top complaint types in ZIP 11230
- Illegal Parking7,634
- HEAT/HOT WATER4,263
- Blocked Driveway2,731
- Noise - Residential2,594
- UNSANITARY CONDITION1,237
Recent DOB
- Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Nov 1, 2023V-DOB VIOLATION - ACTIVE · FISPFCS-FAILURE TO CORRECT SWARMP CONDITIONS (FACADE) FACADE REQUIRED
- Aug 23, 2023V-DOB VIOLATION - ACTIVE · FISPHAZ-HAZARDOUS CONDITION (FACADE) FACADE REQUIRED
Recent HPD
- Jun 16, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.