Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $294,000

Listed at $299,000 · Sold 1.7% below asking · Closed December 14, 2022

Closed For Sale Co-op

$299,000

$486 per sq ft

227 Ocean Parkway #1E

Kensington, Brooklyn

MLS® #RLS10814749

RLS at REBNY

Listing by Abacus Properties

Studio

1

Bath

615

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 615 sq ft
Year Built 1963
Ownership Co-op
Maintenance $288/mo
Parking Garage
Neighborhood Kensington
Floor 1

Property Highlights

  • Climate Control: Window Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1
Cooling Window Units
Pets CatsOk, Yes
Cross Street BEVERLEY & CHURCH
Year Built 1963
Living Area 615 sq ft
Parking Garage Available
Parcel # 05339-0061-00227-000-000001E

Listing History

Event Date Price Change
Listed Nov 1, 2021 $299,000 -
Price Reduced Jun 22, 2022 $310,000 +3.7%

Description

Opportunity Knocks! - Large alcove studio in prime Kensington. This coop apartment offers western exposures, high ceilings and brand new floors. The walls and the ceilings have been professionally skim-coated throughout. The bathroom and kitchen have been updated. There are a total of 4 closets, one of which is a walk-in. And the maintenance, have you ever seen lower?

227 Ocean Parkway is an elevator building with a live-in super and a new on-site laundry. The lobby, elevator and hallways have been modernized and the entire building has newer windows. Indoor parking is waitlisted. There is also storage available in the building for a low monthly fee, as well as bicycle storage.
The common outdoor area is equipped with plantings and seating. Just outside is the 1st bike path in the US, along Ocean Parkway. Live 5 short blocks away from the F/G trains. Hop on one of the two Manhattan-bound express buses- with the next stop in downtown Manhattan. Prospect Park and Parade Grounds are just a few blocks away. The area features a growing number of trendy, newly opened restaurants, bars and coffee shops along Cortelyou Rd and Church Ave., such as Parade Cafe, AM Thai & Hinterlands. This is a cat friendly building!

Features & Amenities

Interior Features

Common Area Wheelchair Access

Financial Details

Maintenance $288/mo
Sale Price $294,000
Previous Price $310,000

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, 1:29 PM EST

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Location

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227 Ocean Parkway #1E, Kensington, Kings County • Near BEVERLEY & CHURCH

Virtual Tour

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
6
Floors
75
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,768,500
Land Value: $233,100
Exemptions: $81,401

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

Lot Area: 17,200 SF
Building Area: 61,920 SF
Built FAR: 3.6
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 $288 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 615 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 $299,000 for 615 sq ft, the asking price per square foot is approximately $486. 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: RLS10814749
First Listed: 11/1/2021
Price Changed: 6/22/2022
Closed: 12/14/2022
Contract Date: 11/4/2022

Listing Courtesy of Abacus Properties - Jeff Surowka

Listing Contact: (718) 284-4400

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 5:29 PM UTC

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