Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
540 OCEAN Parkway #4H

For Sale · Listing by Brown Harris Stevens Brooklyn LLC

540 OCEAN Parkway #4H

Kensington, Brooklyn

$372,500

Interested in this property?
Active For Sale • Co-op

$372,500

$373 per sq ft

540 OCEAN Parkway #4H

Kensington, Brooklyn

MLS® #RLS20122063

RLS at REBNY

Listing by Brown Harris Stevens Brooklyn LLC

1
Bedroom
1
Bath
1,000
Sq. Ft.
1962
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,000 sq ft
Year Built 1962
Ownership Co-op
Maintenance $916/mo
Neighborhood Kensington
Floor 3 of 6

Property Highlights

  • Views: City, Skyline
  • Outdoor Space: None, Balcony
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 6
View City, Skyline
Cooling Other
Pets Yes
Year Built 1962
Living Area 1,000 sq ft
Structure Type HighRise
Basement Other
Block/Lot 05399/0021

Listing History

Event Date Price Change
Listed Oct 21, 2026 $372,500 -
Currently Oct 24, 2026 $372,500 -

Description

Spacious One-Bedroom Co-op in Kensington, Brooklyn. Welcome to Imperial House! This spacious one-bedroom co-op features an extra-large living room with great natural light, hardwood floors, five large closets, and a private balcony overlooking Ocean Parkway. The generous layout offers potential for a second bedroom. Apartment Features: Private balcony facing Ocean ParkwayFive large closets and ample storageWall sleeves for air conditioners Building Amenities:Indoor parking garageLaundry room, storage, and elevatorIntercom security and live-in superintendent Monthly Maintenance includes heat, hot water, and cooking gas. Co-op Requirements: Minimum 10% down payment, 2.5% flip tax, and subletting permitted after two years with board approval and a 15% sublet fee. Conveniently located in proximity to shopping on Ditmas Avenue and 18th Avenue, the B and F subway lines, multiple bus routes, parks, and major roadways.

Features & Amenities

Interior Features

Building None

Exterior Features

Balcony Private Outdoor Space Under60 Sqft None Balcony

Building Information

Building Data View Compliance & Permits
Total Units 114
Stories 6
Structure HighRise

Financial Details

Maintenance $916/mo

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

50

Median Asking Price

$649K

Median $/Sqft

$857

Avg Days on Market

N/A

New This Week

3

Price Reduced

20%

Sold (30 Days)

3

Median Sale Price

$830K

Live data from RLS at REBNY • Updated 10/24/26, 2:53 AM EST

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Location

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540 OCEAN Parkway #4H, Kensington, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
6
Floors
114
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,807,900
Land Value: $353,250
Exemptions: $37,510

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 33,000 SF
Building Area: 130,496 SF
Built FAR: 3.95
Allowed FAR: 4

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

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $916 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1962, making it approximately 64 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. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $372,500 for 1,000 sq ft, the asking price per square foot is approximately $373. 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) 416-7433
MLS® ID: RLS20122063
First Listed: 10/21/2026
On Market: 10/21/2026
Price Changed: 10/21/2026
Contract Date: 10/21/2026

Listing Courtesy of Brown Harris Stevens Brooklyn LLC - Avi Shalem

Listing Contact: (917) 836-0974

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/24/2026 at 6:53 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Kensington Market Update

3 sales last 30 days · $649K median · 16.7 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Kensington Borough Brooklyn
County Kings
Floor 3 of 6
Year Built 1962
First Listed 10/21/2026
Living Area 1,000 sqft
Maintenance $916/mo

Monthly Costs Estimate

Down Payment 20%

$74,500

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $916
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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