Legacy Estate RealtyNovember 2026

2815 Ocean Parkway, Unit 2K

A listing plan based on real sales in the building.

Prepared for Marina Gogerman

Entrance and landscaped courtyard of 2815 Ocean Parkway

For properties that need work, buyers will run the numbers

Here's how they calculate. Slide the scale to adjust renovation costs and expenses. The recommended listing price adjusts with it.

Demolition, kitchen, two (2) bedrooms, two (2) bathroom, floors, electrical, architect, board approvals

−$130,000

What Unit 2K is worth today, as-is
$291K to $311K
As-is valueRenovationCarrying and time
Recommended list price
$314,000
Estimated cash offer
$233,000

How we got to that number

Renovated 2 BR units in your building

Unit 4I sold for $465,000 in January 2026. Unit L2-3 still hasn't sold at $450,000 after multiple price adjustments. The renovated value of unit 2K is somewhere in the ballpark of:

$440K to $460K

Time from closing to move-in

About 6 weeks for the board to approve the renovation plans, then about 15 weeks of construction

5 months

Holding and carrying costs

Maintenance on the property from closing until it's livable

−$7,300

Cost of time

Rent the buyer keeps paying elsewhere over the same period

−$13,600

Timeline: co-op boards typically take 4 to 8 weeks to approve renovation plans, and a 1 to 2 bedroom gut typically takes 12 to 20 weeks of construction once approved. Construction time here scales with the renovation budget inside that range. The purchase approval before closing is not counted. Holding costs use $1,178 a month, the maintenance on L2-3 in this building (the property's may differ), and rent elsewhere of about $2,800 a month. Investor figure uses the midpoint value, 6% resale costs and a 12% profit target. All estimates until we have a contractor quote.

Estimated net proceeds: about $269,206

Adjust the figures to update your estimated net proceeds. Transfer taxes update on their own.

Estimated take-home

*Flip tax varies by building, so we confirm it with the managing agent. NYC transfer tax on a co-op apartment is 1% up to $500,000 and 1.425% above; New York State adds 0.4%. This is an estimate, not tax or legal advice.