Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
280 OCEAN Parkway #5L

For Sale · Listing by Corcoran Group

280 OCEAN Parkway #5L

Kensington, Brooklyn

$525,000

Interested in this property?
Active For Sale Co-op

$525,000

$525 per sq ft

280 OCEAN Parkway #5L

Kensington, Brooklyn

MLS® #RLS20113300

RLS at REBNY

Listing by Corcoran Group

1
Bedroom
1
Bath
1,000
Sq. Ft.
1941
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,000 sq ft
Year Built 1941
Ownership Co-op
Maintenance $817/mo
Neighborhood Kensington
Floor 5 of 6

Property Highlights

  • Views: Other
  • Character: Pre-war building (1941)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
View Other
Pets Yes
Year Built 1941
Living Area 1,000 sq ft
Structure Type HighRise
Basement Other
Parcel # 05357-0017-00280-000-000005L
Block/Lot 05357/0017

Listing History

Event Date Price Change
Listed Sep 8, 2026 $525,000 -
Currently Sep 9, 2026 $525,000 -

Description

Discover the blend of pre-war character and tasteful updates in this generously proportioned one-bedroom, set along the tranquil, tree-lined Ocean Parkway. Inside, 9-foot ceilings and a tree-lined view provide a relaxing feel. The kitchen, renovated just a couple of years ago and beautifully maintained, features stainless steel appliances and thoughtful detailing. The windowed bathroom offers serene tile work and a deep soaking tub. The bedroom faces east, so it gets the morning light and stays cooler in the afternoon. It fits a king bed with more than ample room to walk around it, and it has two large closets. What the photos will not tell you is how the light warmly moves through the living room late in the day. With Prospect Park just 2 blocks away, this meticulously maintained building offers a range of amenities, including two bike rooms, a dedicated live-in superintendent, and lovely landscaped grounds. Located just two blocks from Prospect Park, with easy access to its trails, open lawns, and greenery. Commuting to Manhattan is effortless, with the F, Q, and B trains all close at hand. With low maintenance covering heat, water, and cooking gas included, the only utility you'll pay separately is electricity. FHA loans are permitted.

Features & Amenities

Interior Features

Building Other

Exterior Features

None

Building Amenities

Bike Storage Common Playroom

Building Information

Building Data View Compliance & Permits
Total Units 114
Stories 6
Structure HighRise

Financial Details

Maintenance $817/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

39

Median Asking Price

$640K

Median $/Sqft

$874

Avg Days on Market

N/A

New This Week

5

Price Reduced

33%

Sold (30 Days)

15

Median Sale Price

$658K

Live data from RLS at REBNY • Updated 9/9/26, 5:27 AM EST

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Location

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280 OCEAN Parkway #5L, Kensington, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1941
Year Built
85 years old
6
Floors
114
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $4,005,900
Land Value: $499,500
Exemptions: $61,840

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

Lot Area: 37,500 SF
Building Area: 132,200 SF
Built FAR: 3.53
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 $817 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 1,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1941, making it approximately 85 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $525,000 for 1,000 sq ft, the asking price per square foot is approximately $525. 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 milton@miltoncoste.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: RLS20113300
First Listed: 9/8/2026
On Market: 9/8/2026
Price Changed: 9/8/2026
Contract Date: 9/8/2026

Listing Courtesy of Corcoran Group - Paul Johansen

Listing Contact: (917) 612-1912

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 9/9/2026 at 9:27 AM UTC

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Kensington Market Update

15 sales last 30 days · $640K median · 2.6 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Kensington Borough Brooklyn
County Kings
Floor 5 of 6
Year Built 1941
First Listed 9/8/2026
Living Area 1,000 sqft
Maintenance $817/mo

Monthly Costs Estimate

Down Payment 20%

$105,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $817
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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