Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

163 Ocean Avenue #5K

Pending · Listing by Corcoran Group

163 Ocean Avenue #5K

Prospect Lefferts Gardens, Brooklyn

$775,000

Interested in this property?
Pending For Sale Co-op

$775,000

$837 per sq ft

163 Ocean Avenue #5K

Prospect Lefferts Gardens, Brooklyn

MLS® #RLS20089413

RLS at REBNY

Listing by Corcoran Group

2
Bedrooms
1
Bath
926
Sq. Ft.
1930
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 926 sq ft
Lot Size 27,663 sq ft
Year Built 1930
Ownership Co-op
Maintenance $790/mo
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: East facing
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 6
View City
Exposure East
Pets Yes, CatsOk, DogsOk
Year Built 1930
Living Area 926 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 27,663 sq ft
Block/Lot 05026/0011

Listing History

Event Date Price Change
Listed May 6, 2026 $835,000 -
Currently Aug 17, 2026 $775,000 -7.2%

Description

Please reach out to schedule your viewing! Welcome to Residence 5K at 163 Ocean Avenue-a generously sized, nearly 1,000-square-foot two-bedroom co-op designed for both comfort and versatility. Bedrooms enjoy sweeping skyline views, filling the home with light and openness. Perfectly situated directly across from Prospect Park, this sought-after residence sits in the heart of historic Prospect Lefferts Gardens, where vibrant city living meets the tranquility of lush green space just outside your door! The spacious living and dining area provides ample space to tailor your layout to your lifestyle, while a charming dining nook just off the kitchen makes mealtime seamless. Enhance this space with additional natural light by simply adding a transom window to the living room wall. Photos shown are for illustrative purposes and may depict optional features. The windowed kitchen is beautifully appointed with crisp white shaker cabinetry, a pantry, soapstone countertops, and a raised subway tile backsplash. It's fully equipped with stainless steel appliances, including a dishwasher and built-in microwave. Tucked away at the rear of the apartment, the king-sized primary bedroom offers exceptional privacy, positioned opposite the second bedroom. There's plenty of room for large furniture, and even a home office setup fits comfortably without compromising the space. The second bedroom is equally versatile-ideal for a queen-sized bed, guest room, or dedicated office. The windowed bathroom features elegant basketweave marble floor tiles and classic subway tile walls. Additional highlights include an in-unit washer and dryer, original parquet floors with inlaid borders, picture moldings, and soaring 9-foot ceilings that reflect the home's pre-war charm. This pet-friendly building also boasts remarkably low monthly costs, adding to its appeal. 163 Ocean Avenue is a striking Art Deco residence ideally situated across from Prospect Park. The building features a refined lobby with a fireplace, marble floors, beamed ceilings, and oversized windows overlooking a serene courtyard. Residents enjoy access to amenities such as a new gym, common laundry room, bike storage, private storage, and a landscaped garden courtyard. The building includes six stories, two elevators, and 85 co-op units. Located just two blocks from the B, Q, and S trains, commuting to Manhattan is quick and convenient. Outside your door, Prospect Park offers endless recreation-from the Wollman Skating Rink and scenic lake to playgrounds, running and biking paths, and the Audubon Center at the Boathouse. Nearby attractions also include the Parade Grounds, Brooklyn Botanic Garden, Prospect Park Zoo, and the historic Lefferts House. This is a rare opportunity to enjoy classic pre-war elegance in an unbeatable park-side location!

Features & Amenities

Interior Features

High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area Washer Hookup In Unit

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 85
Stories 6
Structure MultiFamily

Financial Details

Maintenance $790/mo
Original Price $835,000
Previous Price $835,000

About Prospect Lefferts Gardens

View All Prospect Lefferts Gardens Listings

Prospect Lefferts Gardens borders the eastern edge of Prospect Park and sits adjacent to the Brooklyn Botanic Garden and Brooklyn Museum, with the Lefferts Manor Historic District preserving blocks of limestone, brownstone, and brick rowhouses in Renaissance Revival, Neo-Federal, and Tudor Revival styles. The B, Q, and S trains stop at Prospect Park station, the Q serves Parkside Avenue, and the 2 and 5 trains connect at Sterling and Winthrop Streets. Housing ranges from intact 19th- and early 20th-century rowhouses to prewar apartment buildings along the main corridors.

Prospect Lefferts Gardens Live Market Data

View Neighborhood

Active Listings

29

Median Asking Price

$1.07M

Median $/Sqft

$982

Avg Days on Market

N/A

New This Week

1

Price Reduced

41%

Sold (30 Days)

2

Median Sale Price

$973K

Live data from RLS at REBNY • Updated 8/17/26, 7:31 AM EST

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Location

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163 Ocean Avenue #5K, Prospect Lefferts Gardens, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
6
Floors
85
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $4,423,050
Land Value: $684,450
Exemptions: $31,750

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

Lot Area: 27,663 SF
Building Area: 118,785 SF
Built FAR: 4.29
Allowed FAR: 3.44

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 $790 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 926 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 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: Pets Allowed,Building Pets Allowed Comments:Board Approval Needed. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $775,000 for 926 sq ft, the asking price per square foot is approximately $837. 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 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: RLS20089413
First Listed: 5/6/2026
On Market: 5/6/2026
Price Changed: 6/17/2026
Pending Since: 7/14/2026
Contract Date: 5/6/2026

Listing Courtesy of Corcoran Group - Michele Silverman

Listing Contact: (917) 554-4488

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 8/17/2026 at 11:31 AM UTC

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Prospect Lefferts Gardens Market Update

2 sales last 30 days · $1.07M median · 14.5 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Pending Type Co-op Neighborhood Prospect Lefferts Gardens Borough Brooklyn
County Kings
Floor 5 of 6
Year Built 1930
First Listed 5/6/2026
Living Area 926 sqft
Maintenance $790/mo

Monthly Costs Estimate

Down Payment 20%

$155,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $790
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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