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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn · New York, NY
47 active listings · Median $1.6M
Calculating market narrative...
A condo-dominant submarket with strong rent growth, rising sale prices, and sale listings clearing quickly.
Median asking rent in Kensington is $2,825/month, $275 below the 5-year high set in Feb 2026. Rents are up +8.7% year over year and +57.4% over the past 5 years. Median sale price is $1.55M, near a 5-year high. Sale listings are clearing 49 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Mar 2026.
Kensington is a residential Brooklyn neighborhood bordered by Prospect Park to the north and the landmarked Green-Wood Cemetery to the west, with Ocean Parkway running through its center as one of the borough's signature tree-lined boulevards. The housing stock includes brick rowhouses, prewar co-op...
| Borough | Brooklyn |
| Zip Code | 11218 |
| Subway | Bus service |
| Building Types | Pre-war buildings, Co-ops |
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 89 |
| Pending Sales | -- |
| New This Week | -- |
| New This Month | -- |
| Avg DOM | 59 days |
| Price Cut Rate | 5.6% |
| Recent Sales | |
| Sold Last 30 Days | -- |
| Sold Last 90 Days | -- |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $1,550,000 |
| Average Asking | -- |
| Median $/SqFt | -- |
| Median Condo | $537,105 |
| Median Co-op | $400,000 |
Based on active listings in Kensington
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Loading... | |||
View active listings by size:
Properties in Kensington
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Active in Brooklyn
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Kensington buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
NYC agents who only work one borough miss 80% of the market. A five-borough agent finds better deals, negotiates smarter, and sees opportunities others cannot.
NYC agents who only work one borough miss 80% of the market. A five-borough agent finds better deals, negotiates smarter, and sees opportunities others cannot.
Sale listings that came on the market in the last 7 days.
Homes in Kensington take a median 59 days to sell. Source: StreetEasy market data.
300 Ocean Parkway #3P
Kensington
Among the lower-priced 1-bedroom co-ops currently listed in the neighborhood.
495 E 7th Street #5K
Kensington
Priced below the neighborhood 1-bedroom co-op median of $499,000.
40 TEHAMA Street #4M
Kensington
Priced below the neighborhood 1-bedroom co-op median of $499,000.
379 OCEAN Parkway #4B
Kensington
A 1,121 sq ft condo in Kensington.
The median sale price in Kensington is $1.6M. Condos sit at a median of $537K and co-ops at $400K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
Yes. The median sale price in Kensington sits within a few percent of the 5-year high. Pricing is firm and listings priced near the comparable median tend to clear with limited room for negotiation.
Sale listings in Kensington have a median of 59 days on market. That is 49 days faster than the same point a year ago. Only 5.6% of active listings have a price cut on record, signaling tight pricing.
Kensington is currently tilting toward sellers. Median days on market is 59 days and only 5.6% of active listings have a price cut on record, both indicating firm pricing power.
Kensington offers both co-ops and condos. Condos are the higher-priced segment at a $537K median, with co-ops at $400K.
Roughly 4 homes change hands each month in Kensington across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Kensington is $2,825/month. Live RLS listings show studios at $2,405, 1-bedrooms at $2,850, 2-bedrooms at $3,250, 3+ bedrooms at $3,699 per month. Rents are up 8.7% year over year.
Median asking rent in Kensington is currently $275 below the 5-year high set in February 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Kensington has risen 57.4% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Kensington, median sale prices range across Borough Park at $1.8M, Midwood at $1.2M, Flatbush at $895K, Ditmas Park at $630K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Kensington is served by the Bus service. The commute to Midtown Manhattan runs roughly 121 minutes from Nearest bus stop.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Kensington, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Kensington, I will guide you every step of the way.
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