Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $515,000

· Closed August 19, 2025

488 OCEAN Parkway #5G
Looking for something similar?
Closed For Sale Co-op

$515,000

$606 per sq ft

488 OCEAN Parkway #5G

Kensington, Brooklyn

The Edgewood

MLS® #RLS20010759

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

850

Sq. Ft.

1958

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 850 sq ft
Year Built 1958
Ownership Co-op
Maintenance $712/mo
Parking Garage
Neighborhood Kensington
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: North,South,West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 6
View City
Exposure North,South,West
Cooling Other
Pets Yes
Year Built 1958
Living Area 850 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 05389-0041-00488-000-000005G
Block/Lot 05389/0041

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

Building Other Washer Hookup In Unit

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Building The Edgewood
Total Units 50
Stories 6
Structure HighRise

Financial Details

Maintenance $712/mo
Original Price $499,000
Sale Price $515,000
Previous Price $499,000

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 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 Neighborhood

Active Listings

47

Median Asking Price

$799K

Median $/Sqft

$955

Avg Days on Market

N/A

New This Week

4

Price Reduced

13%

Sold (30 Days)

4

Median Sale Price

$550K

Live data from RLS at REBNY • Updated 3/23/26, 6:17 AM EST

Similar Listings in Kensington

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Location

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488 OCEAN Parkway #5G, Kensington, Kings County

MLS® ID: RLS20010759
First Listed: 3/20/2025
On Market: 3/20/2025
Price Changed: 8/20/2025
Closed: 8/19/2025
Contract Date: 3/20/2025

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 10:17 AM UTC

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