Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
525 OCEAN Parkway #4J

For Sale · Listing by Douglas Elliman Real Estate

525 OCEAN Parkway #4J

Kensington, Brooklyn

$694,000

Interested in this property?
Active For Sale Co-op

$694,000

525 OCEAN Parkway #4J

Kensington, Brooklyn

MLS® #RLS20112998

RLS at REBNY

Listing by Douglas Elliman Real Estate

Open House Scheduled

Sunday, September 13 • 12:00 PM – 1:30 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2
Bedrooms
2
Baths
N/A
Sq. Ft.
1963
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1963
Ownership Co-op
Maintenance $1,264/mo
Parking Garage
Neighborhood Kensington
Floor 4 of 6

Property Highlights

  • Views: City
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 4 of 6
View City
Pets Yes
Year Built 1963
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 05400/0091

Listing History

Event Date Price Change
Listed Sep 7, 2026 $694,000 -
Currently Sep 8, 2026 $694,000 -

Description

Looking for a home with enough space to grow into and enjoy for many years to come? Look no further: this truly spacious residence is the one not to be missed. The bright, east-facing living and dining area is exceptionally large and opens directly onto a generously sized, recently renovated balcony - an inviting extension of the living space well suited for outdoor dining and entertaining. Just off the living area is a true eat-in kitchen offering abundant countertop space, generous cabinetry, and a dishwasher. The king-sized primary bedroom faces east and features two closets, providing both impressive proportions and excellent storage. The second bedroom is surprisingly spacious as well, with a western exposure and two closets. While some updating and upgrades would enhance the apartment, the highly competitive asking price-not only for Kensington, but also compared with neighboring Ditmas Park and Windsor Terrace-leaves plenty of room to make improvements and create a home that truly reflects your style. 525 Ocean Parkway is a professionally managed elevator building offering a live-in superintendent and porter, a first-floor laundry room, and waitlisted parking garage for $175 per month. Cats and dogs are permitted with prior approval, and unlimited subletting is allowed after two years of ownership. Reasonable monthly maintenance includes real estate taxes and all utilities except electricity. Ideally located just one block from Cortelyou Road at the crossroads of Kensington and Ditmas Park, the building puts popular cafés, restaurants, shopping, and everyday conveniences within easy reach. Commuting is convenient with both the Q and F trains nearby, along with express bus service on Cortelyou Road. The flip tax is $40 per share and is payable by the seller. In addition, there is a $1,000 transfer fee payable by the buyer and a separate $1,000 transfer fee payable by the seller. If you're searching for a spacious home with tremendous potential in one of Brooklyn's most established and convenient neighborhoods, Apartment 4J is ready to welcome you.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 62
Stories 6
Structure HighRise

Financial Details

Maintenance $1,264/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

35

Median Asking Price

$694K

Median $/Sqft

$935

Avg Days on Market

N/A

New This Week

2

Price Reduced

34%

Sold (30 Days)

15

Median Sale Price

$625K

Live data from RLS at REBNY • Updated 9/8/26, 1:06 AM EST

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Location

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525 OCEAN Parkway #4J, Kensington, Kings County

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: $62,736

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 $1,264 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

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.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

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: RLS20112998
First Listed: 9/7/2026
On Market: 9/7/2026
Price Changed: 9/7/2026
Contract Date: 9/7/2026

Listing Courtesy of Douglas Elliman Real Estate - Oleg Polonsky

Listing Contact: (646) 256-0899

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 9/8/2026 at 5:06 AM UTC

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Kensington Market Update

15 sales last 30 days · $694K median · 2.3 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Kensington Borough Brooklyn
County Kings
Floor 4 of 6
Year Built 1963
First Listed 9/7/2026
Parking Garage
Maintenance $1,264/mo

Monthly Costs Estimate

Down Payment 20%

$138,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,264
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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