THE CONDO BOOK PROJECT

Ocean 24 Condominium

379 Ocean Parkway, Brooklyn, NY 11218

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Overview

Units
24 residential · 17 parking · 2 storage
Subway
9 min walk to Ditmas Av FChurch Av F G, 12 min
Average $/sf
$941Homes in Schedule A, as first offered
Common charges
$194–$539 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 - December 31, 2023
Offering price
$22.4 million total $21.5 million when first offered

The sponsor of record is 379 Ocean Parkway, LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 290 pages. The sponsor has filed 4 amendments, the latest in June 2025. The nearest other condo plan on file is 423 Ocean Parkway Condomnium, 0.1 mi away.

Plan CD210193 · New · accepted Jul 26, 2022 · AG record ↗

Compare

FigureThis building1Solara221 units · 1.1 miaccepted 2022The Avanti345 units · 1.2 miaccepted 2022
Common ChargesPer Square Foot / Month$0.42Lowest$0.71$0.60
Average Offering PricePer Apartment$844,167Highest$633,333$563,869
Average PricePer Square Foot$941In line$999$918
Property TaxesPer Square Foot / Month$0.75Below peers$1.07$0.80
Average Unit SizeSquare Feet897 SFLargest634 SF614 SF

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Unit mix, closings, budgets, finishes and the team, against Solara and The Avanti, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed71% of the homes in Schedule A17 of 24
Closing prices vs. Schedule A17 homes: $12,464,259 at closing against $12,780,000 in Schedule A (p. 46, p. 47)−2.5%
Average closing price17 homes, on their Schedule A square feet$899 / SF
Closingsfirst and latest recordedMar 13, 2025 – Aug 21, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 17 closings
HomeRecordedClosing priceSchedule ADifference
3AMar 13, 2025$446,160$450,000 p. 46−0.9%
5AMar 17, 2025$1,017,232$1,100,000 p. 46−7.5%
7AMar 19, 2025$980,000$1,050,000 p. 47−6.7%
6BMar 21, 2025$1,104,801$1,110,000 p. 47−0.5%
7CMar 21, 2025$755,000$690,000 p. 47+9.4%
4AMar 26, 2025$404,586$460,000 p. 46−12%
8CMar 26, 2025$820,000$700,000 p. 47+17.1%
4CApr 7, 2025$639,000$610,000 p. 46+4.8%
3CApr 24, 2025$590,000$600,000 p. 46−1.7%
6CAug 29, 2025$667,000$680,000 p. 47−1.9%
2DDec 12, 2025$710,000$800,000 p. 46−11.3%
2ADec 19, 2025$421,426$430,000 p. 46−2%
4DFeb 12, 2026$631,315$660,000 p. 46−4.3%
2BMar 19, 2026$914,284$1,050,000 p. 46−12.9%
3DApr 15, 2026$651,680$650,000 p. 46+0.3%
3BAug 3, 2026$999,000$1,070,000 p. 46−6.6%
5CAug 21, 2026$712,775$670,000 p. 47+6.4%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
379 Ocean Parkway, LLC
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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