Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $550,000

· Closed June 15, 2022

283 E 5TH Street #3D
Closed For Sale Co-op

$550,000

$611 per sq ft

283 E 5TH Street #3D

Kensington, Brooklyn

null

MLS® #RLS10777498

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

900

Sq. Ft.

1939

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 900 sq ft
Year Built 1939
Ownership Co-op
Maintenance $785/mo
Neighborhood Kensington
Floor 3 of 6

Property Highlights

  • Exposure: North,West facing
  • Style: Prewar architecture
  • Character: Pre-war building (1939)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 3 of 6
Exposure North,West
Pets Yes
Cross Street CATON AVENUE and ALBEMARLE ROAD
Year Built 1939
Living Area 900 sq ft
Architectural Style Prewar
Parcel # 05328-0051-00283-000-000003D

Listing History

Event Date Price Change
Listed Jan 18, 2022 $1 -
Price Reduced Jun 16, 2022 $570,000 +56999900.0%
Currently Apr 22, 2026 $550,000 -3.5%

Description

OPEN HOUSE: Sunday, April 10th 12:00 - 1:00 pm!

Sun-Filled and Spacious, with So Much Room to Grow!! This 1 Bed, 1 Bath Pre-War, Art Deco Co-op is Perfectly Located in Prime Kensington! Apartment 3D at 283 East 5th Street is currently set up as a very large 1 bedroom. At 900 square feet, this home can easily be transformed into a 2 bedroom, Plus! See proposed floorplan attached!

Well-proportioned and super sunny, this very quiet, corner apartment is open and airy with generous pre-war sized rooms and detail. Original herringbone & parquet floors, and 9-foot ceilings grace this home. The grand, sunken living room, creates a dramatic and inviting space. Additional period details include glamorous crown molding. The apartment boasts windows in every room, including the kitchen and bathroom. Out of every window, you will find tranquil views of sky and trees.

The serene master bedroom can easily accommodate king-sized furniture. If you need more room... there is an easy plan to convert this king bedroom into 2 bedrooms or 1 bedroom and an office/nursery space. The living room, at almost 21 feet long, can also be reconfigured to include a Den / Office. This flexible layout gives you so many options to create the perfect space for you!

The entry foyer is grand by design, allowing additional living space to utilize as you like. Create a gallery showcase to highlight your favorite art / memories, or add beautiful shelving to flaunt your best reads! Generous closet space abounds, including an 8-foot entry closet in the foyer, to easily maintain a fully organized home. There is a separate dining area that flows into the windowed kitchen. The kitchen provides upper and lower cabinets on both sides, with microwave in place, creating all the space you need. Options are plentiful here as well. Open the kitchen to the dining area to expand kitchen space, and/or utilize dining area as a separate office area.

This Beautiful, Art Deco, Elevator Building, is ideally located on the corner of quiet Albemarle Road and East 5th Street. This terrific location provides easy access to F/G trains on Church Avenue 3 blocks away, local buses, and the express bus to Manhattan. It is 2 blocks to Greenwood Playground and P.S. 130. Ocean Parkway provides a short walk to Brooklyn's premier playground Prospect Park, or a fun and easy bike ride to the beach at Coney Island. Shopping, restaurants and amenities, all conveniently close by. This professionally-managed building is impeccably maintained with a live-in super. The building's basement level provides private storage for this unit, bike storage and a central laundry room with card-operated machines. A sweet common outdoor space is also available for owners, complete with grill and seating.
Cats are permitted, and dogs upon approval.

Building Information

Building null
Total Units 25
Stories 6
Style Prewar

Financial Details

Maintenance $785/mo
Original Price $1
Sale Price $550,000
Previous Price $570,000

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

52

Median Asking Price

$699K

Median $/Sqft

$806

Avg Days on Market

N/A

New This Week

7

Price Reduced

13%

Sold (30 Days)

6

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/22/26, 6:00 PM EST

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Location

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283 E 5TH Street #3D, Kensington, Kings County • Near CATON AVENUE and ALBEMARLE ROAD

Floor Plans

Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
3
Floors
R6B
Zoning District

Tax & Assessment

Assessed Value: $15,567,750
Land Value: $2,947,950
Exemptions: $15,567,750

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

Lot Area: 117,900 SF
Building Area: 140,781 SF
Built FAR: 1.19
Allowed FAR: 2

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 $785 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 900 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1939, making it approximately 87 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 $550,000 for 900 sq ft, the asking price per square foot is approximately $611. 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: RLS10777498
First Listed: 1/18/2022
Price Changed: 6/16/2022
Closed: 6/15/2022
Contract Date: 1/3/2022

Listing Courtesy of Corcoran Group - Michele Silverman

Listing Contact: (917) 554-4488

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 10:00 PM UTC

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