Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $690,000

· Closed September 18, 2023

540 Ocean Parkway #6-S
Closed For Sale Co-op

$690,000

$627 per sq ft

540 Ocean Parkway #6-S

Kensington, Brooklyn

MLS® #RLS10894907

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,100

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,100 sq ft
Year Built 1962
Ownership Co-op
Maintenance $1,042/mo
Parking Garage
Neighborhood Kensington
Floor 6 of 6

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 6 of 6
View City
Exposure East,North
Cooling Window Units
Pets Yes
Cross Street Ditmas Avenue/Avenue F
Year Built 1962
Living Area 1,100 sq ft
Parking Garage Available
Block/Lot 5399/21

Listing History

Event Date Price Change
Listed May 15, 2023 $690,000 -
Price Reduced Sep 18, 2023 $700,000 +1.4%

Description

Welcome to your new home! Unit 6S is a stunning two-bedroom, two-bathroom apartment in the desirable neighborhood of Kensington, Brooklyn. Upon entering, you'll find a foyer leading to the spacious living/dining room, filled with natural light from the windows and balcony door. The private balcony is a rare luxury in NYC and a fantastic relaxing spot. The beautifully renovated eat-in kitchen boasts ample cabinet space, Caesarstone countertops, and stainless steel appliances. Hardwood floors run throughout the home, which is a charming touch. The bedrooms are separated from the living room to ensure privacy. The primary bedroom has a renovated en-suite bathroom with a standup shower, while the second renovated bathroom includes a soaking tub and a window. Both bedrooms offer plenty of closet space. 540 Ocean Pkwy is an elevator building with a live-in super, upgraded laundry rooms, and a daily porter. While there is a waiting list, the building has an underground parking garage. The home is conveniently located near Ditmas Ave, the F subway stop, and the Q/B line via the Newkirk Plaza station. You'll find a range of restaurants, convenience stores, groceries, cafes, and shops, all within a short distance of the Co-op. Subletting is allowed after two years of ownership upon board approval. *Approx SQFT listed Co-op allows for 10% downpayment No pets allowed

Features & Amenities

Interior Features

Dining Area Entrance Foyer Common Area

Exterior Features

Building Garden Building Roof Deck Terrace

Building Information

Stories 6

Financial Details

Maintenance $1,042/mo
Sale Price $690,000
Previous Price $700,000

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

51

Median Asking Price

$699K

Median $/Sqft

$814

Avg Days on Market

N/A

New This Week

6

Price Reduced

14%

Sold (30 Days)

6

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/22/26, 9:55 AM EST

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Location

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540 Ocean Parkway #6-S, Kensington, Kings County • Near Ditmas Avenue/Avenue F

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
6
Floors
114
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,807,900
Land Value: $353,250
Exemptions: $36,330

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

Lot Area: 33,000 SF
Building Area: 130,496 SF
Built FAR: 3.95
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 $1,042 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 1,100 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1962, making it approximately 64 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 $690,000 for 1,100 sq ft, the asking price per square foot is approximately $627. 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: RLS10894907
First Listed: 5/15/2023
Price Changed: 9/18/2023
Closed: 9/18/2023
Contract Date: 5/14/2023

Listing Courtesy of Compass - Darrell Williams

Listing Contact: (267) 234-4084

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 1:55 PM UTC

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