SOLD FOR $515,000
· Closed August 19, 2025
488 OCEAN Parkway #5G
MLS® #RLS20010759
Listing by Corcoran Group
1
Bedroom
1
Bath
850
Sq. Ft.
1958
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: North,South,West facing
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 20, 2025 | $499,000 | - |
| Currently | May 7, 2026 | $515,000 | +3.2% |
Description
OPEN HOUSE:
SUNDAY, April 6th
11:30 - 12:30 Pets upon approval
Apartment 5G is a serene 850 square foot retreat with a thoughtful layout that enhances both spatial flow and privacy. An abundance of natural light streams in from early morning into the later part of the day. Upon entering, you're greeted by a spacious hallway with two extra-large closets, leading to an oversized foyer that offers incredible versatility as either a dining room, second office, showcase for artwork, or whatever suits your lifestyle.
Continue into the expansive living room with refinished hardwood floors throughout and you'll find the layout offers opportunity for both relaxing and entertaining. The large dining area can seat 8 guests comfortably while they take in the views of treetops and the Verrazano Bridge.
A modern kitchen and bathroom renovation brought this already charming home into the future with an electric Kitchen Aid stovetop ,GE wall oven, LG refrigerator and Bosch dishwasher. A subfloor was added along with porcelain tiles, additional storage and work station as well as custom window treatment. The windowed bathroom features all new fixtures such as a wall hung vanity, soaking tub, TOTO self-cleaning toilet, and chrome fixtures.
The bedroom was expanded in 2021 adding an oversized, floor-to ceiling double closet and can even fit a large dresser. The home office was built out to encompass today's work from home lifestyle even upgrading the circuit board nearly doubled original voltage for increased power capacity. The office is large enough to be used as an exercise room, guest suite or even a nursery. An abundance of natural light and additional views make this a sanctuary. Thanks in part to custom, beautiful sliding glass doors leading to the dining room, the entire apartment can feel opened up or closed off for privacy.
Embrace the vibrant neighborhood of Kensington, where a wide variety of stores and restaurants close by. Plus, commuting is a breeze with the F line around the corner.
Secure peace of mind with the option to join the waitlist for coveted garage parking - any Brooklynite knows how valuable that is!
Building amenities include a live-in super, on-site laundry, and secure bike storage and additional waitlisted storage for $40.
This apartment truly has it all, luxury, convenience, and charm, plus it's an incredible value. Don't miss the chance to make it yours. Schedule a viewing today and step into the next chapter of comfortable, convenient Brooklyn living!
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Kensington
View All Kensington ListingsKensington 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 apartment buildings along Ocean Parkway and Coney Island Avenue, and detached Victorian homes on the side streets, served by the F and G trains at Fort Hamilton Parkway and Church Avenue. The B and Q express trains are accessible within a short walk, providing a 30-to-35-minute commute to Midtown Manhattan.
Kensington Live Market Data
View NeighborhoodActive Listings
51
Median Asking Price
$640K
Median $/Sqft
$805
Avg Days on Market
N/A
New This Week
3
Price Reduced
20%
Sold (30 Days)
5
Median Sale Price
$620K
Live data from RLS at REBNY • Updated 5/7/26, 11:59 AM EST
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Location
488 OCEAN Parkway #5G, Kensington, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $712 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 850 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1958, making it approximately 68 years old.
This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.
Pets are permitted at this property: Upon approval,Building Pets Allowed Comments:Upon approval. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $515,000 for 850 sq ft, the asking price per square foot is approximately $606. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Joseph Fundaro
Listing Contact: (646) 831-8286
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 3:59 PM UTC