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25+ years experience · 1,000+ transactions · 5-star reviews
Brooklyn · New York, NY
48 active listings · Median $525K
Calculating market narrative...
A mixed-stock submarket with softening rents and rising sale prices.
Median asking rent in Kensington is $2,750/month, $350 below the 5-year high set in Feb 2026. Rents are down -5.2% year over year and +37.8% over the past 5 years. Median sale price stands at $525K, 66.1% below the 5-year high recorded in Feb 2026. Sale prices are up +3.8% year over year. Sale listings are clearing 13 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Jun 2026.
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...
In my 25+ years selling real estate across New York City, I use this Kensington data in real negotiations, not just for a web page.
| Borough | Brooklyn |
| Zip Code | 11218 |
| Subway | Bus service |
| Building Types | Pre-war buildings, Co-ops |
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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The zip that covers Kensington (11218) holds about 3,000 two-family lots and about 100 elevator-building lots in the city's PLUTO tax-lot data, a class that includes Ocean Parkway co-ops. Buyers compare that co-op stock with rowhouses and Victorians near the F and G at Fort Hamilton Pkwy and Church Av, with Prospect Park to the north. Co-op sellers should have the board package and building financials ready; house sellers, the certificate of occupancy.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 98 |
| Pending Sales | 29 |
| New This Week | 4 |
| New This Month | 24 |
| Avg DOM | 56 days |
| Price Cut Rate | 14.3% |
| Recent Sales | |
| Sold Last 30 Days | 7 |
| Sold Last 90 Days | 36 |
| Sale-to-List | 97.0% |
| Asking Prices | |
| Median Asking | $525,000 |
| Average Asking | $729,146 |
| Median $/SqFt | $836 |
| Median Condo | $415,500 |
| Median Co-op | $474,700 |
Based on active listings in Kensington
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 7 | $285,000 | $199K - $450K |
| 1 Bedroom | 13 | $515,000 | $325K - $699K |
| 2 Bedrooms | 22 | $819,500 | $425K - $1.45M |
| 3+ Bedrooms | 6 | $1,490,000 | $725K - $2.30M |
View active listings by size:
Properties in Kensington
REBNY/RLS Disclaimer: Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.
Experience across NYC
Transactions closed
Active in Brooklyn
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Kensington buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
I was trying to rent out my newly renovated condo in NYC's competitive rental market, and Milton Coste handled everything from start to finish. Milton knows the area inside out and was communicative, knowledgeable, and proactive throughout the entire process. Thanks to his expertise, he found a great tenant within just one week at a strong rental price. I highly recommend Milton to anyone looking for a reliable, professional, and results-driven real estate broker.
Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
NYC agents who only work one borough miss 80% of the market. A five-borough agent finds better deals, negotiates smarter, and sees opportunities others cannot.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
Sale listings that came on the market in the last 7 days.
Homes in Kensington take a median 56 days to sell. Source: StreetEasy market data.
350 OCEAN Parkway #4D
Kensington
Priced below the neighborhood 2-bedroom co-op median of $819,500.
275 WEBSTER Avenue #4L
Kensington
Priced below the neighborhood 2-bedroom co-op median of $819,500.
379 OCEAN Parkway #5B
Kensington
A 1,122 sq ft condo in Kensington.
379 OCEAN Parkway #PHB
Kensington
A 1,157 sq ft condo in Kensington.
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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.
The median sale price in Kensington is $525K. Condos sit at a median of $416K and co-ops at $475K. Sale prices are up 3.8% year over year.
No. The median sale price in Kensington is currently 66.1% below the 5-year high recorded in February 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Kensington have a median of 56 days on market. That is 13 days faster than the same point a year ago. Roughly 14.3% of active listings have recorded a price cut, suggesting some negotiating room.
Kensington is broadly balanced right now, with median days on market at 56 days and 14.3% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Kensington offers both co-ops and condos. The two segments price similarly, with condos at a $416K median and co-ops at $475K.
Roughly 13 homes change hands each month in Kensington across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Kensington is $2,750/month. Live RLS listings show studios at $2,500, 2-bedrooms at $3,450, 3+ bedrooms at $4,500 per month. Rents are down 5.2% year over year.
Median asking rent in Kensington is currently $350 below the 5-year high set in February 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Kensington has risen 37.8% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Kensington, median sale prices range across Borough Park at $1.9M, Midwood at $1.5M, Ditmas Park at $976K, Flatbush at $872K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Kensington is served by the Bus service. The commute to Midtown Manhattan runs roughly 121 minutes from Nearest bus stop.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Kensington, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: [email protected].
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Kensington, I will guide you every step of the way.
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