Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $699,500

· Closed August 23, 2017

525 OCEAN Parkway #1J
Closed For Sale Co-op

$699,500

$583 per sq ft

525 OCEAN Parkway #1J

Kensington, Brooklyn

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MLS® #RLS10097088

RLS at REBNY

Listing by Redfin Real Estate

2

Bedrooms

2

Baths

1,200

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,200 sq ft
Year Built 1963
Ownership Co-op
Maintenance $869/mo
Neighborhood Kensington

Property Highlights

  • Exposure: West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths null Full
Exposure West
Pets Yes
Year Built 1963
Living Area 1,200 sq ft
Parcel # 05400-0091-00525-000-000001J

Listing History

Event Date Price Change
Listed Jun 23, 2017 $699,500 -
Currently Apr 26, 2026 $699,500 -

Description

Overlooking historic Ocean Parkway this expansive, open, fully updated two bedroom, two bathroom apartment with outdoor space, zoned for one of Brooklyn's highest performing schools is perfectly located. The apartment provides easy access to the F, Q, and B subway lines and is only a short distance away from Cortelyou Road's restaurants and shops, including The Farm, Cafe Madeline, Sycamore (Brooklyn's only combination bar/flower shop!), and Mimi's (best hummus in the city, according to the Times). No details were left out in designing this modern but classic kitchen, featuring custom soft-close cherry cabinetry, top-of-the-line Bosch and Samsung stainless steel appliances, an oversized Franke fireclay farmhouse sink, stunning milky gray Brazilian quartzite countertops, a herringbone slate tile floor, Schoolhouse Electric brass hardware, reclaimed Hudson Valley open shelving, subway tile backsplash, and wood-and-concrete pendants that complement recessed overhead lighting. During the extensive renovations the kitchen was opened to the main living and dining area, making this a warm, modern space perfect for entertaining. The two stunning full bathrooms are completely renovated, with Toto toilets, Hansgrohe plumbing fixtures, gleaming white vanities and marble tile. The main bathroom features a custom tub filler with hand shower diverter - perfect for bath time! The apartment sports beautifully refinished original oak parquet flooring, updated overhead lighting, and a large private terrace that overlooks Ocean Parkway. The building features a renovated lobby, large laundry room, bike room, a part-time doorman (which keeps the maintenance low) and an attached parking garage. Ocean Parkway is one of Brooklyn's oldest and most elegant boulevards. Designed by Frederick Law Olmsted - the same landscape architect who laid out Central Park - it features protected running paths and the nation's first dedicated bike path. Watch the Brooklyn half-marathon from your private terrace as it runs along Ocean Parkway, or visit Prospect Park, located less than two miles away. The apartment is zoned for PS 134, which ranked in the top 15% of schools citywide, offers a gifted and talented class in every grade, and received an 'above average' rating on GreatSchools.

Building Information

Financial Details

Maintenance $869/mo
Sale Price $699,500

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, 12:00 PM EST

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Location

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525 OCEAN Parkway #1J, Kensington, Kings County

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 $869 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,200 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 $699,500 for 1,200 sq ft, the asking price per square foot is approximately $583. 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: RLS10097088
First Listed: 6/23/2017
Closed: 8/23/2017
Contract Date: 6/23/2017

Listing Courtesy of Redfin Real Estate - Jonathan Makolondra

Listing Contact: (631) 517-0637

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 4:00 PM UTC

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