Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $385,000

· Closed May 31, 2023

207 OCEAN Parkway #4K
Closed For Sale Co-op

$385,000

$542 per sq ft

207 OCEAN Parkway #4K

Kensington, Brooklyn

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MLS® #RLS10851477

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

710

Sq. Ft.

1961

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 710 sq ft
Year Built 1961
Ownership Co-op
Maintenance $529/mo
Neighborhood Kensington
Floor 4 of 7

Property Highlights

  • Location: Kensington, Brooklyn
  • Property Type: Co-op
  • Built: 1961

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 7
Pets Yes
Year Built 1961
Living Area 710 sq ft
Parcel # 05339-0001-00207-000-000004K

Listing History

Event Date Price Change
Listed Oct 25, 2022 $399,000 -
Price Reduced May 31, 2023 $389,000 -2.5%
Currently Apr 22, 2026 $385,000 -1.0%

Description

This newly listed apartment is located on the 4th floor of a well maintained Kensington coop. The nice sized living room features 3 North-West-facing windows with city views. The open concept kitchen offers ample cabinetry and granite countertops. The king-size bedroom is airy, with two closets. The bathroom has been updated.

The unit has hardwood floors throughout, three closets, and the walls are skim-coated. The low maintenance includes everything except electricity. Clever city-quiet windows provide an excellent noise barrier.

207 Ocean Parkway is a well-maintained co-op with a live-in super, an updated lobby, and a new elevator. All of the circuit breaker panels in the building have been replaced, and windows will also be replaced by the end of 2022. The building is FIOS enabled and is nestled in the northern part of Kensington, 1 block from the border with Windsor Terrace. There is laundry on each floor and the machines were replaced in July 2020. The building allows a minimum 10% down payment, and a reasonable sublet policy. Indoor parking is waitlisted(extra fee), and bicycle storage is $10 per month. Take advantage of being just 4 blocks from Prospect Park. There are an abundance of restaurants and shopping along Church Ave, and it is just a short distance from Kensington, Ditmas Park, and Windsor Terrace. The F / G trains are the closest at Church Avenue, and access to the B / Q trains is nearby. Express buses to Downtown and Midtown NYC are just across the street. Sorry: no dogs.

Building Information

Building null
Total Units 62
Stories 7

Financial Details

Maintenance $529/mo
Original Price $399,000
Sale Price $385,000
Previous Price $389,000

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

51

Median Asking Price

$699K

Median $/Sqft

$814

Avg Days on Market

N/A

New This Week

6

Price Reduced

14%

Sold (30 Days)

6

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/22/26, 11:44 AM EST

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Location

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207 OCEAN Parkway #4K, Kensington, Kings County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
6
Floors
61
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,938,950
Land Value: $214,650
Exemptions: $22,590

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

Lot Area: 13,069 SF
Building Area: 55,800 SF
Built FAR: 4.27
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 $529 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 710 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1961, making it approximately 65 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 $385,000 for 710 sq ft, the asking price per square foot is approximately $542. 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 mcoste@kwnyc.com. 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: RLS10851477
First Listed: 10/25/2022
Price Changed: 5/31/2023
Closed: 5/31/2023
Contract Date: 10/25/2022

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 4/22/2026 at 3:44 PM UTC

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