Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Closed For Sale Condo

$645,000

$657 per sq ft

702 Ocean Parkway #8B

Kensington, Brooklyn

MLS® #RLS10964695

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

981

Sq. Ft.

2004

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 981 sq ft
Year Built 2004
Ownership Condo
HOA/Common Charges $706/mo
Property Taxes $8,340/yr
Neighborhood Kensington
Floor 8 of 8

Property Highlights

  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 8 of 8
Pets CatsOk, DogsOk
Year Built 2004
Living Area 981 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 05423-1015
Block/Lot 05423/1015

Listing History

Event Date Price Change
Listed May 6, 2024 $660,000 -
Currently Jun 7, 2026 $645,000 -2.3%

Description

FIRST YEAR OF COMMON CHARGES COVERED BY THE OWNER Two bedroom/two bathroom top floor apartment with private balcony offering views of Brooklyn, plus a coded elevator opening directly into the unit. This home features a large living space with an open-plan kitchen equipped with stainless steel appliances and granite countertops. The primary bedroom opens onto a private balcony that's a lovely spot to read a book or enjoy a cup of coffee al fresco. It features two built-in closets and en-suite marble bathroom with a glass-enclosed shower. The second bedroom—presently configured as an office—is across the hallway from the guest bathroom. There are hardwood floors throughout; a Bosch ventless washer/dryer; individual PTAC units in each room; in-unit waste disposal; and a private storage closet in the basement. Parkville Promenade Condominiums is a pet-friendly, eight story building featuring a roof deck with views of Brooklyn and the Verrazano Bridge. You are close to F, Q, and B train lines, making for a 30-minute commute into downtown Manhattan. The neighborhood has an array of restaurants, cafés, bars and shopping on Cortelyou Road, 18th Avenue, and Newkirk Plaza. 8B is smoke- and pet-free. What the seller loves about this home: All windows face east and enjoy unobstructed morning sunrises. Ocean Parkway is lined with trees and park benches where families and friends sit and stroll throughout the day. The neighborhood is safe. Police Precinct 70 is half way down the block. ShopRite, a Russian supermarket, CTown and NYC Fitness Club are 10 minutes away. Cortelyou Greenmarket (Cortelyou at Argyle), is open Sundays year-round. Right next door is the Flatbush Food Co-op for local, organic produce. There is a $160 monthly assessment .

Features & Amenities

Interior Features

See Remarks Flooring: Hardwood

Exterior Features

Balcony Balcony

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 25
Stories 8
Structure MixedUse

Financial Details

Common Charges $706/mo
RE Taxes $8,340/yr ($695/mo)
Original Price $660,000
Sale Price $645,000
Previous Price $660,000

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

47

Median Asking Price

$649K

Median $/Sqft

$799

Avg Days on Market

N/A

New This Week

3

Price Reduced

23%

Sold (30 Days)

5

Median Sale Price

$975K

Live data from RLS at REBNY • Updated 6/7/26, 6:07 PM EST

Similar Listings in Kensington

View All

Location

Loading map...

702 Ocean Parkway #8B, Kensington, Kings County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2004
Year Built
22 years old
8
Floors
15
Residential Units
R7A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,604,919
Land Value: $149,407
Exemptions: $0

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

Lot Area: 4,422 SF
Building Area: 16,630 SF
Built FAR: 3.76
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 common charges are $706 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $8,340, or roughly $695 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 981 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2004, making it approximately 22 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $645,000 for 981 sq ft, the asking price per square foot is approximately $657. 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: RLS10964695
First Listed: 5/6/2024
On Market: 5/6/2024
Price Changed: 7/26/2024
Closed: 7/26/2024
Contract Date: 5/7/2024

Listing Courtesy of Compass - Marie Martineau

Listing Contact: (917) 848-6823

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 6/7/2026 at 10:07 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton