Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $380,000

· Closed September 30, 2025

540 Ocean Parkway #5R
Looking for something similar?
Closed For Sale Co-op

$380,000

540 Ocean Parkway #5R

Kensington, Brooklyn

MLS® #RLS20033766

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1962
Ownership Co-op
Maintenance $903/mo
Parking Garage
Neighborhood Kensington
Floor 5 of 6

Property Highlights

  • Views: City
  • Outdoor Space: Terrace
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
View City
Pets Yes, CatsOk, DogsOk
Year Built 1962
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 05399/0021

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

Common On Floor Common Area Flooring: Hardwood

Exterior Features

Private Outdoor Space Under60 Sqft Terrace

Building Amenities

Elevators

Appliances

Dishwasher Gas Cooktop

Building Information

Total Units 114
Stories 6
Structure MultiFamily

Financial Details

Maintenance $903/mo
Original Price $345,000
Sale Price $380,000
Previous Price $345,000

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, 4:52 AM EST

Similar Listings in Kensington

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Location

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540 Ocean Parkway #5R, Kensington, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS20033766
First Listed: 6/27/2025
On Market: 6/27/2025
Price Changed: 10/8/2025
Closed: 9/30/2025
Contract Date: 5/13/2025

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 8:52 AM UTC

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