> ## Content Index
> Fetch the complete content index at: https://bklyner.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# 1191 Ocean Avenue Sold For $2.25 Million, Seven-Story Building Planned For Site
- URL: https://bklyner.com/1191-ocean-avenue-sold-for-2-25-million-seven-story-building-planned-for-site/
- Published: 2014-08-12T20:30:00.000Z
- Updated: 2014-08-12T20:30:00.000Z
- Author: Anna Gustafson
- Tags: #API-Imported

![Screen Shot 2014-08-12 at 4.52.34 PM](/content/images/wp-content/uploads/2014/08/Screen-Shot-2014-08-12-at-4.52.34-PM.png)

You can say goodbye to a small, wooden house from the turn-of-the-20th century at 1191 Ocean Avenue – it has sold for $2.25 million, and now there are [approved development plans](http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=2&passjobnumber=320593504&passdocnumber=01&ref=bklyner.com) to raze the home and replace it with a seven-story, 26-unit building, [Brownstoner reports](http://www.brownstoner.com/blog/2014/08/flatbush-development-site-trades-for-2-25-million/?ref=bklyner.com).

Situated between Farragut and Glenwood, the 42.5-by-110-foot site is right by The Waterfalls On Ocean – a 65-unit condominium building at 1130 Ocean Avenue. The lot was on the market for less than four months and sold for $300,000 more than the asking price, [Brownstoner reported](http://www.brownstoner.com/blog/2014/08/flatbush-development-site-trades-for-2-25-million/?ref=bklyner.com).

TerraCRG, which brokered the sale, [has published a schematic](http://www.terracrg.com/setups/1191%5FOcean%5FAvenue.pdf?ref=bklyner.com) for the location on its website.

*Photo via [Google Maps](https://www.google.com/maps/@40.633476,-73.957879,3a,75y,84.8h,90t/data=!3m4!1e1!3m2!1swWaX%5FYjVCks7cRaK75XmxQ!2e0?ref=bklyner.com).*