Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $830,000

· Closed August 16, 2024

525 Ocean Parkway #6B
Closed For Sale Co-op

$830,000

$678 per sq ft

525 Ocean Parkway #6B

Kensington, Brooklyn

MLS® #RLS10955620

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

1,225

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,225 sq ft
Year Built 1963
Ownership Co-op
Property Taxes $12,876/yr
Parking Garage
Neighborhood Kensington
Floor 6 of 6

Property Highlights

  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 6 of 6
Pets CatsOk, DogsOk
Year Built 1963
Living Area 1,225 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 05400-0091-00525-000-000006B
Block/Lot 05400/0091

Listing History

Event Date Price Change
Listed Mar 20, 2024 $850,000 -
Currently Jun 7, 2026 $830,000 -2.4%

Description

(standby for photos) This bright co-op residence offers 1225 square feet of living space, featuring 3 bedrooms and 2 bathrooms plus a private, west-facing balcony with Manhattan views and gorgeous sunsets. Situated in 6 story elevator building, 6B has a long entry-way with two closets that opens into a sprawling living/dining area. Off of this space is a bedroom and a separate kitchen (a sliding door divides them), a utility closet and a large pantry. The two bedrooms are quiet and each have their own large closet and the primary has an ensuite bath. The entire home is equipped with Lutron Caseta smart dimmers and parking is available upon waitlist availability at $175 monthly. Pets ARE allowed! A part-time doorman and a lobby level laundry room provide additional convenience. This sixth floor unit is very quiet and spacious and is merely a 7 minute walk from the F train at Ditmas Ave. Currently zoned for PS 134 half a block away. 525 Ocean Parkway is located in Kensington, Brooklyn and neighbors Victorian Flatbush and convenient Cortelyou Rd. so the vibe is both urban and serene! Buyers' agents welcome with a 2% incentive.

Features & Amenities

Interior Features

Common On Floor Common Area

Exterior Features

Balcony Balcony

Building Information

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

Financial Details

RE Taxes $12,876/yr ($1,073/mo)
Original Price $850,000
Sale Price $830,000
Previous Price $850,000

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, 7:17 PM EST

Similar Listings in Kensington

View All

Location

Loading map...

525 Ocean Parkway #6B, Kensington, Kings County

Floor Plans

Floor Plan 1

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 $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,876, or roughly $1,073 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 1,225 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $830,000 for 1,225 sq ft, the asking price per square foot is approximately $678. 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: RLS10955620
First Listed: 3/20/2024
On Market: 3/20/2024
Price Changed: 8/23/2024
Closed: 8/16/2024
Contract Date: 3/1/2024

Listing Courtesy of Compass - Helen Saghir

Listing Contact: (917) 721-2945

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 11:17 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