Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
525 Ocean Parkway #2B
Closed For Sale Co-op

$895,000

$730 per sq ft

525 Ocean Parkway #2B

Kensington, Brooklyn

MLS® #RLS20004426

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

1,226

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,226 sq ft
Year Built 1963
Ownership Co-op
Maintenance $1,180/mo
Parking Garage
Neighborhood Kensington
Floor 2 of 6

Property Highlights

  • Exposure: East,West facing
  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 2 of 6
Exposure East,West
Heating Baseboard, Wall Furnace
Cooling Wall Units
Pets Yes
Year Built 1963
Living Area 1,226 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 05400-0091-00525-000-000002B
Block/Lot 05400/0091

Listing History

Event Date Price Change
Listed Feb 20, 2025 $895,000 -
Currently Jun 7, 2026 $895,000 -

Description

Welcome to your dream home on Ocean Parkway, Brooklyn—a beautifully renovated 3-bedroom, 2-bathroom co-op that exudes modern elegance and comfort. Designed by a previous architect owner, this residence boasts an open concept layout that seamlessly blends style and functionality. As you enter through the proper foyer, you'll be greeted by ample storage options, including closets and a built-in bench with additional storage. The spacious living room is bathed in natural light, creating a warm and inviting atmosphere. Step out onto your private outdoor balcony and enjoy serene tree views, perfect for a morning coffee or evening relaxation. The sleek, open kitchen is a chef's delight, featuring a breakfast bar, stone countertops, and a stylish backsplash. High-end appliances include a Bosch gas range and dishwasher, a Fisher Paykel refrigerator, and a large built-out pantry. The king-size primary bedroom offers western exposures, two large closets, and a renovated en-suite bathroom. The secondary bedroom is equally impressive, with two large closets and easy access to the additional renovated full bathroom off the hallway. The third bedroom, located off the living room, is versatile enough to serve as a home office. Building amenities include a part-time doorman, Butterfly MX video intercom system, live-in super, and parking and bike storage (currently on waitlist). Enjoy proximity to Prospect Park and the vibrant dining and shopping scenes on Newkirk Ave and Cortelyou Rd. This home is a perfect blend of luxury and convenience in the heart of Brooklyn.

Features & Amenities

Interior Features

Breakfast Bar Entrance Foyer Kitchen Island Pantry Recessed Lighting Common On Floor Common Area Flooring: Hardwood

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Balcony

Building Amenities

Elevators

Appliances

Cooktop Dishwasher Freezer Gas Cooktop Gas Oven Range Refrigerator Range Hood Stainless Steel Appliances

Building Information

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

Financial Details

Maintenance $1,180/mo
Sale Price $895,000

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

$649K

Median $/Sqft

$799

Avg Days on Market

N/A

New This Week

3

Price Reduced

23%

Sold (30 Days)

5

Median Sale Price

$975K

Live data from RLS at REBNY • Updated 6/7/26, 11:53 AM EST

Similar Listings in Kensington

View All

Location

Loading map...

525 Ocean Parkway #2B, 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 $1,180 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 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,226 square feet. Verify dimensions independently during due diligence.

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.

Pet policy requires confirmation with the listing broker.

At the current list price of $895,000 for 1,226 sq ft, the asking price per square foot is approximately $730. 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: RLS20004426
First Listed: 2/20/2025
On Market: 2/20/2025
Price Changed: 2/20/2025
Closed: 7/29/2025
Contract Date: 1/14/2025

Listing Courtesy of Compass - Eduardo Venguer Troncoso

Listing Contact: (646) 526-6411

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 6/7/2026 at 3:53 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton