Updated 5 days ago
In contract

416 Ocean Ave, 62

Prospect Park South, Brooklyn | Crooke Ave & Caton Ave

4 Rooms2 Beds1 Bath975 Square FeetCo-op

$675,000
Maintenance$1,411
Price Per SF
$692

Listing Features

  • Hardwood Floors

Outdoor space and views

  • South Exposure

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Elevator
  • Laundry Room
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 416 Ocean Ave, 62

***CONTRACTOR SPECIAL 2-BEDROOM FIXER UPPER*** Opportunity Awaits: Residence 62 at 416 Ocean Avenue Introducing Residence 62, a rare, newly listed fixer-upper in one of Brooklyn’s iconic prewar buildings known as Bracebridge Hall. This spacious two bedroom “Contractor Special” is brimming with potential for modernly visualized customization. The apartment features high ceilings and a flexible layout that invites you to craft your dream home with rich architectural details. As a blank canvas, it allows you to create your ideal living space while enjoying the building’s storied elegance. About the Building 416 Ocean Avenue is a historic gem featuring a brick and limestone facade with Venetian balconies. Residents benefit from a part time doorman, ButterflyMX intercom, live-in super, bike storage, laundry room, and pet-friendly policies. Pied-à-terres and gifting are welcome. Maintenance covers heat, hot water, and taxes. Unbeatable Location Located half a block from the B/Q subway lines, Manhattan is just 20 minutes away. Prospect Park and the Parade Grounds park tennis, soccer are only two blocks from your doorstep. Additional Notes This is an as-is sale, perfect for those looking to renovate and customize. All showings by appointment. Some images may be virtually staged. Unlock the potential of prewar charm and create your perfect home in one of Brooklyn’s beautiful neighborhoods.

Listing History for 416 Ocean Ave, 62

Now
05/28/2026
Contract Signed by Terrence Harding
Compass
03/19/2026
$675,000
Initial Price by Terrence Harding
Compass

Building Details for 416 Ocean Ave

OwnershipCo-op
Building TypeLow-Rise
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1924
Financing Allowed90%
Floors/Apts9/90
Learn More About the Building

Transit and Citi Bike

Subway

Church Av
0.14 miles
Parkside Av
0.21 miles

Citi Bike

Ocean Ave & Crooke Ave
0.07 miles
Caton Ave & St. Pauls Pl
0.08 miles

Building Availability

APPSF
Median
Average
$539
$1,320,000
$1,320,000
$692
$675,000
$675,000
Last 12 months
$691
-
-
Last 12 months
$33
-
-

Two Beds in Prospect Park South

APPSF
Median
Average
$1,040
$910,000
$893,333
$839
$675,000
$723,000

Prospect Park South | Brooklyn

Quick Profile

Charming tree-lined blocks, grand homes, and grassy center esplanades - Prospect Park South feels more like a quiet suburb than Brooklyn, the most populated borough in New York City. 

The small landmarked neighborhood in south Brooklyn is bounded by Coney Island Avenue to the southwest, Ocean Avenue to the northeast, Prospect Park to the south, and Beverly Road to the south. 

Don’t let the suburban vibe of Prospect Park South fool you, urban grit awaits you just outside the neighborhood's boundaries. It’s about a 45-minute commute to Manhattan on the B, Q, or F train or a short walk to livelier neighborhoods. Prospect Park South is flanked by Windsor Terrace, Kensington, Ditmas Park, and Flatbush. It’s the best of both worlds. 

The history of the neighborhood starts with its original developer, Dean Alvord. If it wasn’t for his unique vision, Prospect Park South may have never blossomed into what it is today. In 1899 Alvord wanted to take advantage of Brooklyn’s newly created railway system that connected the borough. He purchased farmland and began building the neighborhood, which began as a six-block-by-two-block swatch of land with grand homes. Many of the houses were Victorian-inspired. Alvord marketed the neighborhood as a slice of country in the big city and the rest is pretty much history. 

Prospect Park South is a few blocks bigger these days. Its grand Victorian-style homes still define the neighborhood. Other architectural styles found in the nabe include Colonial, French Revival, and Spanish Mission. Apartments and a few prewar co-ops complete the neighborhood's housing stock. 

There aren’t too many places to shop in Prospect Park South but you might find a few spots in the commercial areas along Coney Island Avenue and Church Avenue. The suburban setting of Prospect Park South is popular with young families, which is why they’ve flocked there for the last decade.

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.
OLR ID: 2171531