Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $865,000

· Closed October 4, 2021

525 OCEAN Parkway #2B
Closed For Sale Co-op

$865,000

$706 per sq ft

525 OCEAN Parkway #2B

Kensington, Brooklyn

null

MLS® #RLS10858804

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

1,226

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,226 sq ft
Year Built 1963
Ownership Co-op
Maintenance $896/mo
Parking Garage
Neighborhood Kensington
Floor 6 of 6

Property Highlights

  • Outdoor Space: Terrace
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 6 of 6
Pets Yes
Year Built 1963
Living Area 1,226 sq ft
Parking Garage Available
Parcel # 05400-0091-00525-000-000002B

Listing History

Event Date Price Change
Listed Sep 9, 2021 $849,000 -
Currently Apr 23, 2026 $865,000 +1.9%

Description

Rare, three-bedroom co-op with abundant light and outdoor space. This completely renovated and modern apartment showcases an incredible layout for contemporary living standards. Step into the spacious and practical entryway with two large closets as well as a built-in seating area with additional shelving space. The open-concept living and dining makes entertaining easy with a large breakfast bar for casual meals and supplemental counter space. Relax and entertain inside and out, with a glass door and new, retractable screen door revealing your private terrace and tree views. The kitchen boasts white wood cabinetry contrasted by a stylish stone backsplash and stainless-steel appliances, including a Bosch gas range and dishwasher and a Fisher and Paykal refrigerator. Enjoy an incredibly large pantry with built-in shelves and sliding barn doors. Off the living room/kitchen area is a small bedroom with a built-in desk and ample bookshelves which could also be a great WFH office. Down the hall youll enjoy the large primary bedroom with western facing views, two large closets, and a renovated en-suite bathroom with loads of storage. The second bedroom has eastern views and two large closets and is conveniently next to the second bathroom that features a shower-over-tub and built-in storage. All windows were replaced in 2017. The building has recently undergone a complete balcony renovation and has completed the Local Law 11 work. Other improvements include new landscaping, a digital laundry room, updated elevator, updated lobby, and the hallways will be redecorated this summer. Building amenities include a part-time doorman, live-in super, short wait list for parking, and a bike room. Close proximity to Prospect Park, shopping/ dining and transportation on Newkirk Ave and Cortelyou Road. Move-in ready and exceptionally spacious and bright in a convenient location!

Features & Amenities

Exterior Features

Terrace

Building Information

Building null
Total Units 62
Stories 6

Financial Details

Maintenance $896/mo
Original Price $849,000
Sale Price $865,000
Previous Price $849,000

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

52

Median Asking Price

$699K

Median $/Sqft

$806

Avg Days on Market

N/A

New This Week

6

Price Reduced

13%

Sold (30 Days)

6

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/22/26, 11:03 PM EST

Similar Listings in Kensington

View All

Location

Loading map...

525 OCEAN Parkway #2B, 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 $896 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,226 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.

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

At the current list price of $865,000 for 1,226 sq ft, the asking price per square foot is approximately $706. 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: RLS10858804
First Listed: 9/9/2021
Price Changed: 10/5/2021
Closed: 10/4/2021
Contract Date: 5/25/2021

Listing Courtesy of Douglas Elliman Real Estate - Rebekah Carver

Listing Contact: (646) 489-4446

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 4/23/2026 at 3:03 AM UTC

Buying a Co-op? Start Here

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

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

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton