Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $223,000

· Closed December 12, 2023

510 OCEAN Parkway #2K
Closed For Sale Co-op

$223,000

$442 per sq ft

510 OCEAN Parkway #2K

Kensington, Brooklyn

MLS® #RLS10921761

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

504

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 504 sq ft
Year Built 1931
Ownership Co-op
Maintenance $641/mo
Neighborhood Kensington
Floor 4 of 4

Property Highlights

  • Climate Control: Other
  • Character: Pre-war building (1931)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 4 of 4
Cooling Other
Pets Yes
Year Built 1931
Living Area 504 sq ft
Structure Type HighRise
Basement Other
Parcel # 05399-0007-00510-000-000002K
Block/Lot 05399/0007

Listing History

Event Date Price Change
Listed Jul 18, 2023 $235,000 -
Currently Apr 22, 2026 $223,000 -5.1%

Description

Subletting permitted on day 1! Make this sizable Studio/1 Bath Co-Op apartment your new home in Kensington! Located on leafy Ocean Parkway, this second floor apartment includes features such as an open floor layout, spacious living area that has enough room for your furniture, along with a kitchen that is fitted with wooden cabinetry and modern appliances. Additional features include ample closet and storage space, through-wall A/C, hardwood flooring throughout, soaring ceilings, full windowed bath with a stand up shower, and some pre-war details. Heat & hot water, gas and real estate taxes are included with the maintenance. 510 Ocean Parkway is a well-maintained boutique pre-war elevator Co-Op featuring a laundry room, bike room, storage facility (for an additional cost), and a restored lobby. Enjoy a prime Kensington location, just a short jaunt from Prospect Park, as well as the shopping and dining district along Ditmas Avenue and Cortelyou Road, including neighborhood favorites like the Flatbush Co-Op, Cortelyou Greenmarket, Milk & Honey, and Cafe Madeline. Less than 30 minutes from Downtown Manhattan via public transportation such as the F train at Ditmas Avenue or the B/Q trains at Cortelyou Road. Quick board approval. No pets allowed.

Features & Amenities

Interior Features

Smoke Free Building None

Building Amenities

Green Building

Building Information

Total Units 39
Stories 4
Structure HighRise

Financial Details

Maintenance $641/mo
Original Price $235,000
Sale Price $223,000
Previous Price $235,000

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, 8:13 AM EST

Similar Listings in Kensington

View All

Location

Loading map...

510 OCEAN Parkway #2K, Kensington, Kings County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
4
Floors
39
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,169,100
Land Value: $133,650
Exemptions: $19,901

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

Lot Area: 14,000 SF
Building Area: 30,850 SF
Built FAR: 2.2
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 $641 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 504 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $223,000 for 504 sq ft, the asking price per square foot is approximately $442. 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: RLS10921761
First Listed: 7/18/2023
On Market: 7/18/2023
Price Changed: 12/12/2023
Closed: 12/12/2023
Contract Date: 7/18/2023

Listing Courtesy of Douglas Elliman Real Estate - Jason Abrishami

Listing Contact: (516) 238-3520

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 12:13 PM 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