SOLD FOR $380,000
· Closed September 30, 2025
540 Ocean Parkway #5R
MLS® #RLS20033766
Listing by Compass
1
Bedroom
1
Bath
N/A
Sq. Ft.
1962
Year Built
Quick Summary
Property Highlights
- Views: City
- Outdoor Space: Terrace
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 27, 2025 | $345,000 | - |
| Currently | May 7, 2026 | $380,000 | +10.1% |
Description
Step into this bright and sunny, recently improved 1-bedroom, 1-bathroom co-op apartment offering a generous floor plan for comfortable living space. Situated on the 5th floor of a well-kept elevator building, this inviting home is designed for relaxation. Enjoy your private 50-square-foot balcony, a tranquil extension of your living space that invites you to step outside and savor the fresh air. With eastern exposures overlooking the treetops along iconic Ocean Parkway, it’s the perfect setting for your morning coffee, tending a collection of potted plants, or simply unwinding with a book as the sun rises. This charming outdoor retreat offers a welcome escape from city life without ever leaving home. The kitchen features new appliances and ample cabinet and counter space, perfect for culinary pursuits and everyday convenience. Natural light pours through large windows, illuminating the open layout, hardwood floors, and plentiful smartly designed storage throughout. Outside your door, Kensington’s residential charm and easy access await. Only 8 minutes on foot to the F train, making trips around Brooklyn and into Manhattan a breeze. Prospect Park’s expansive greenery, the vibrant shops and restaurants along Cortelyou Road, and neighborhood cafes are all close by, bringing the best of Brooklyn living to your doorstep. Please note there is a monthly assessment of $207.61 until July 31, 2025.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
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, 11:15 AM EST
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Location
540 Ocean Parkway #5R, Kensington, Kings County
Floor Plans
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 $903 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.
This property has 1 bedroom and 1 full bathroom.
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 the listing broker for weight limits or breed restrictions.
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 Compass - Ian Mednick
Listing Contact: (203) 858-5789
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 3:15 PM UTC