Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
488 OCEAN Parkway #6D
Interested in this property?
Active For Sale Co-op

$336,000

488 OCEAN Parkway #6D

Kensington, Brooklyn

The Edgewood

MLS® #RLS20087114

RLS at REBNY

Listing by Corcoran Group

Open House Scheduled

Thursday, April 30 • 4:00 PM – 5:30 PM

Studio

1

Bath

N/A

Sq. Ft.

1958

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1958
Ownership Co-op
Maintenance $541/mo
Parking Garage
Neighborhood Kensington
Floor 6 of 6

Property Highlights

  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 1
Baths 1 Full
Floor 6 of 6
Cooling Other
Pets Yes
Year Built 1958
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 05389-0041-00488-000-000006D
Block/Lot 05389/0041

Listing History

Event Date Price Change
Listed Apr 27, 2026 $336,000 -
Currently Apr 28, 2026 $336,000 -

Description

Welcome to apartment 6D:

Move in ready or renovate to suit. Perched on the sunny top floor of this meticulously maintained elevator building you might call this place your own penthouse. This spacious studio has plenty of room to grow into.
With low carrying costs (maintenance & re tax $541/m) this is a fantastic foray into real estate.

The main living area is bright and large enough to be sectioned off into sleeping and living quarters. Through-wall AC delivers comfort and allows for full sunlight through the two large windows.
The kitchen is large enough for a small table with room for additional cabinets.
A renovated full-sized bathroom with tub is in its own wing of the apartment near two large closets, one currently being used as an office.

THE BUILDING: The Edgewood
488 Ocean Pkwy is a 6 story elevator building built in 1958. The building has strong financials and a large owner occupancy, live-in super, central laundry, bike room and additional storage (waitlisted), and an indoor garage (waitlisted), and outfitted with Verizon Fios Service.
Pets upon approval.

LOCATION:
Located in Prime Kensington along the historic tree lined parkway with the oldest bike path in the US, it connects Prospect Park to Coney Island. Close to Ditmars Park, Windsor Terrace and Midwood, depending on which direction you head, there are many options for restaurants, cafes, shopping and transportation. The Q, F trains and express busses, are all with a few short blocks. Just 12 min to the weekly
Farmer's market and shopping on Cortelyou Road, and the many Ditmas Park restaurants and bars. Prospect Park is not far away.

Showings by appointment




Additional details:

Sublet policy
No short-term rentals.
Leases must be at least for 1 year.
Can rent up to 2 years. Thereafter, owner must move back or sell property.

Pet Policy
Cats allowed.
Dogs are up to the discretion of the board.

Local Law 11 completed:
October 2023


Features & Amenities

Interior Features

Building Other

Exterior Features

None

Building Amenities

Bike Storage Elevators

Building Information

Building The Edgewood
Building Data View Compliance & Permits
Total Units 50
Stories 6
Structure HighRise

Financial Details

Maintenance $541/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

50

Median Asking Price

$690K

Median $/Sqft

$814

Avg Days on Market

N/A

New This Week

5

Price Reduced

14%

Sold (30 Days)

5

Median Sale Price

$620K

Live data from RLS at REBNY • Updated 4/27/26, 8:00 PM EST

Similar Listings in Kensington

View All

Location

Loading map...

488 OCEAN Parkway #6D, Kensington, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1958
Year Built
68 years old
6
Floors
49
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,432,350
Land Value: $297,000
Exemptions: $20,610

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

Lot Area: 12,000 SF
Building Area: 43,116 SF
Built FAR: 3.59
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 $541 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1958, making it approximately 68 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: Upon approval,Building Pets Allowed Comments:Upon approval. Contact the listing broker for weight limits or breed restrictions.

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: RLS20087114
First Listed: 4/27/2026
On Market: 4/27/2026
Price Changed: 4/27/2026
Contract Date: 4/27/2026

Listing Courtesy of Corcoran Group - Sephrah Claudia Towbin

Listing Contact: (718) 637-3916

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 4/28/2026 at 12:00 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.

Call Text Email