500 Ocean Avenue, 4B (Prospect Park South)
OH: SUN., 6/28, 12:00-1:00 PM
Bring your creativity and vision to this generously proportioned convertible four-bedroom home at 500 Ocean Avenue, offering the opportunity to customize a cooperative residence and create a home tailored to your lifestyle in Prospect Park South, Brooklyn.
Whether you envision a spacious primary suite, a dedicated home office, or additional bedrooms, the exceptional space and versatile layout provides the flexibility to create a home that reflects your lifestyle, needs, and design aesthetic.
From morning walks in Prospect Park, year-round activities at the Lefrak Center, performances at Kings Theatre or films at Nitehawk Cinema, this location offers convenient access to some of Brooklyn ' s best recreational, cultural, and transportation amenities, with seamless transportation via the Q train at Parkside Avenue.
Why pay for someone else's design choices when you can create a home tailored to your own vision? Properties with renovation potential often offer greater value, less competition, and the opportunity to build equity through thoughtful improvements. For qualified buyers, renovation financing options may help streamline the process by combining acquisition and improvement cost into a one loan.
Highlights:
Flexible convertible four (4) bedroom layout
Exceptional opportunity ready for your vision
Well-established and maintained co-op community
Desirable Prospect Park South location
Convenient proximity to parks, transit, dining, shopping, and entertainment
Renovation financing opportunities available
Create a home that reflects your vision, not someone else's choices.
Contact us today to schedule a private showing or learn more about renovation financing options.
Active
Price cut: $25K (7/1)
$725,000
500 Ocean Ave APT 4B, Brooklyn, NY 11226
3beds
--sqft
Coop
Built in 1931
-- sqft lot
$-- Zestimate®
$--/sqft
$1,069/mo HOA
What's special
- 81 days
- 791
- 42
Zillow last checked:
Listing updated:
Listed by:
Corcoran 646-523-5711,
Anthony L Morris,
Lisa James
Source: StreetEasy,MLS#: S1834693
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has fireplace: No
Video & virtual tour
Property
Details
- Parcel number: 0508000604B
- Special conditions: Resale
Construction
Type & style
- Home type: Cooperative
- Property subtype: Coop
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Prospect Park South
HOA
- Services included: Maintenance
- HOA fee: $1,069 monthly
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $2,826,000
- Annual tax amount: $153,849
- Date on market: 6/20/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $725,000-3.3% |
Source: StreetEasy #S1834693 Report a problem | ||
| 6/20/2026 | Listed for sale | $750,000 |
Source: StreetEasy #S1834693 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | $153,849 | $1,271,700 +2.2% |
| 2017 | -- | $1,244,250 |
Find assessor info on the county website




