Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
525 OCEAN Parkway #4A
Interested in this property?
Active For Sale Co-op

$599,000

525 OCEAN Parkway #4A

Kensington, Brooklyn

MLS® #RLS20095527

RLS at REBNY

Listing by Douglas Elliman Real Estate

Open House Scheduled

Sunday, June 7 • 12:00 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1963
Ownership Co-op
Maintenance $1,160/mo
Parking Garage
Neighborhood Kensington
Floor 4 of 6

Property Highlights

  • Views: City
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 4 of 6
View City
Pets Yes
Year Built 1963
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 05400-0091-00525-000-000004A
Block/Lot 05400/0091

Listing History

Event Date Price Change
Listed Jun 3, 2026 $599,000 -
Currently Jun 4, 2026 $599,000 -

Description

Prime Kensington opportunity at 525 Ocean Parkway!

This spacious two-bedroom co-op with a private balcony offers a bright, comfortable layout and tasteful updates throughout.

Enter into a proper foyer with a coat closet that leads to a spacious dining area and an oversized living room with direct access to a balcony large enough for a seating or dining setup. The windowed eat-in kitchen offers generous counter space, stainless steel appliances that include a dishwasher, and abundant cabinetry. The bathroom has been updated and features a brand-new mirrored medicine cabinet, a vanity, and a full tub with shower. Most lighting throughout the apartment has been upgraded to energy-efficient LED fixtures. The king-size primary bedroom benefits from western light, while the second bedroom enjoys both northern and western exposures. Closet space is excellent, and hardwood floors run throughout the home. The apartment has been freshly painted and is ready for its next owner. 3 functioning A/C units are included with the purchase. If you are a fan of sunsets, 5K is your place to enjoy them!

525 Ocean Parkway is a professionally managed elevator building with a live-in super and porter, a first-floor laundry room, and waitlisted parking for $175 per month. Cats and dogs are allowed with prior approval. Unlimited subletting is permitted after two years of ownership. Reasonable maintenance includes real estate taxes and all utilities except electricity.

Located just a block from Cortelyou Road at the crossroads of Kensington and Ditmas Park, you'll be moments from popular cafés, dining, and conveniences. Transportation is easy with the Q and F trains nearby, as well as an express bus stop on Cortelyou. The flip tax is $40 per share, payable by the buyer. Also, there is a $1,000 transfer fee payable by the buyer and a $1,000 transfer fee payable by the seller.

If you're searching for a place to call home in one of Brooklyn's most established neighborhoods, Apartment 4A is ready to welcome you.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 62
Stories 6
Structure HighRise

Financial Details

Maintenance $1,160/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

48

Median Asking Price

$620K

Median $/Sqft

$800

Avg Days on Market

N/A

New This Week

2

Price Reduced

23%

Sold (30 Days)

4

Median Sale Price

$1.04M

Live data from RLS at REBNY • Updated 6/3/26, 11:53 PM EST

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Location

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525 OCEAN Parkway #4A, Kensington, Kings County

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
6
Floors
62
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,223,000
Land Value: $236,700
Exemptions: $59,326

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

Lot Area: 17,920 SF
Building Area: 62,226 SF
Built FAR: 3.47
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 $1,160 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1963, making it approximately 63 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) 416-7433
MLS® ID: RLS20095527
First Listed: 6/3/2026
On Market: 6/3/2026
Price Changed: 6/3/2026
Contract Date: 6/3/2026

Listing Courtesy of Douglas Elliman Real Estate - Oleg Polonsky

Listing Contact: (646) 256-0899

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 6/4/2026 at 3:53 AM UTC

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