Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
525 OCEAN Parkway #4D
Closed For Sale Co-op

$310,000

$376 per sq ft

525 OCEAN Parkway #4D

Kensington, Brooklyn

MLS® #RLS10063979

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

825

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 825 sq ft
Year Built 1963
Ownership Co-op
Maintenance $573/mo
Parking Garage
Neighborhood Kensington

Property Highlights

  • Exposure: East facing
  • Climate Control: Wall Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Exposure East
Cooling Wall Units
Pets Yes
Cross Street Ditmas Avenue / 18th Avenue
Year Built 1963
Living Area 825 sq ft
Parking Garage Available
Parcel # 05400-0091-00525-000-000004D

Listing History

Event Date Price Change
Listed Feb 17, 2016 $299,000 -
Currently Apr 26, 2026 $310,000 +3.7%

Description

Priced out of Park Slope? Live Large for less in this spacious one bedroom coop. Located on the 4th floor in a well run elevator building. Bright and Light corner apartment positioned in the rear of the building with quiet residential views. A renovated windowed kitchen, windowed bath, large bedroom with 2 exposures accommodating furniture and a home office, dining alcove and 21 foot living room. Good closets, wood floors, quiet apt. central laundry, bike storage, active board, parking garage wait list, sorry no pets. Located in convenient Kensignton nearby shops, restaurants , and biking on Ocean Parkway the oldest bike path in the City and Country leads you to Prospect Park or Coney Island. The F train to either Ditmas Ave or 18th Ave is the same distance.

Features & Amenities

Interior Features

Common Area

Building Information

Financial Details

Maintenance $573/mo
Original Price $299,000
Sale Price $310,000
Previous Price $299,000

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

50

Median Asking Price

$690K

Median $/Sqft

$814

Avg Days on Market

N/A

New This Week

4

Price Reduced

14%

Sold (30 Days)

5

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/26/26, 5:09 PM EST

Similar Listings in Kensington

View All

Location

Loading map...

525 OCEAN Parkway #4D, Kensington, Kings County • Near Ditmas Avenue / 18th Avenue

Floor Plans

Floor Plan

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 $573 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 825 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $310,000 for 825 sq ft, the asking price per square foot is approximately $376. 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: RLS10063979
First Listed: 2/17/2016
Price Changed: 6/6/2016
Closed: 6/6/2016
Contract Date: 2/17/2016

Listing Courtesy of The Corcoran Group - Stan P Gerasimczyk

Listing Contact: (917) 679-4644

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 4/26/2026 at 9:09 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?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton