Brooklyn (Sheepshead Bay), NY, 11235 | $298,000

Sublet is allowed from day one. This spacious one-bedroom apartment in a desirable post-war elevator building offers a practical layout and comfortable living. Upon entering, you are welcomed by a foyer with a convenient coat closet, leading into a generously sized west-facing living room and bedroom filled with natural light.

The updated windowed eat-in kitchen provides both functionality and charm, while the windowed tiled bathroom adds additional ventilation and brightness. Hardwood floors run throughout, and storage is plentiful with two closets plus a large double closet.

All utilities are included in the maintenance except electricity and cooking gas.

For investors, this is one of the rare co-ops that permits subletting from day one. The apartment is currently occupied by a reliable tenant on a month-to-month basis who is open to renewing the lease, offering immediate rental continuity.

The elevator building features a live-in superintendent for added convenience. One cat is permitted, and there is a short waitlist for parking.

Located in Sheepshead Bay, the neighborhood is known for its waterfront atmosphere, diverse dining along Emmons Avenue, beaches, and abundant shopping options. Nearby transportation includes the Neck Road station (Q train) and Sheepshead Bay station (B express and Q trains).

Currently the only one-bedroom available in the building, this is a rare opportunity. Schedule your showing today.

Features

  • Town: Brooklyn
  • Levels: 6
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building None
  • Year Built: 1957
  • Common Charge: $767 Monthly
  • Pet Policy: Building Yes,No
  • MLS#: RLS20075753
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/RLS20075753/2909oceanavenue_brooklyn_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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Brooklyn (Sheepshead Bay), NY, 11235

$298,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $238,400 $238,400 $238,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.520% 5.880%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,410 $1,487 $1,964
Total Monthly Payment $1,485 $1,562 $2,039

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.