488 OCEAN Parkway #5E
MLS® #RLS20070520
Listing by Douglas Elliman Real Estate
2
Bedrooms
1
Bath
850
Sq. Ft.
1958
Year Built
Quick Summary
Property Highlights
- Views: Other
- Parking: Private garage
Property Details
Description
This converted 2 bedroom apartment with a smart layout is in excellent condition, with a large living room, a spacious bedroom, a smaller 2nd bedroom, a new kitchen with a separate windowed dining room and a large foyer. The kitchen is in great shape: with white shaker cabinets, stainless appliances including a dishwasher & microwave, abundant quartz counters and also features a window with ample natural light from the eastern exposure and subway backsplash. The kitchen has been opened up a bit for a more natural flow into the separate dining space that also has an eastern facing window. The apartment boasts impressive, high end built-ins made with antique, repurposed wood, including a state-of-the-art home office: forget about cluttered cables and take your productivity to a higher level.
This high floor unit brings in plenty of natural light any time of day from its eastern and treetop western views. Layouts like this one are rare.
The bathroom offers neutral finishes, with subway tile shower surround, reglazed tub, a new vanity and fixtures. The main bedroom showers in natural light and can fit a king-sized bed. The current owners added a tasteful wall of closets there, in addition to the two existing ones, for all of your storage needs. There are hardwood floors throughout, and the closet space can't be beat. The condition and cleanliness of this apartment are such that you can literally open the entrance door, bring in your furniture and start enjoying it from day one. It is truly a rare find.
This well-maintained elevator building has strong financials and a high owner occupancy, live-in super, central laundry, bike room, additional storage (waitlisted), and a a waitlisted indoor garage.
Location is unbeatable: Prime Kensington, with quick access to the ever changing shopping and dining landscapes of Cortelyou Corridor. Prospect Park is way within reach and you are minutes from Q train on Cortelyou Road, F train Ditmas Avenue stop, and Express Buses to Manhattan. This building is cat friendly, sorry no dogs (registered ESA and Service Animals are excluded from this restriction). Flip tax is $4.25 per share, paid by the seller. There are no assessments at this time. Don't be left behind: schedule your viewing today or visit the next open house.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Kensington
View All Kensington ListingsKensington offers a unique residential experience with a blend of urban convenience and local charm. The real estate market provides a variety of options for buyers seeking space, value, and a strong sense of community in one of New York City's evolving neighborhoods.
Kensington Live Market Data
View NeighborhoodActive Listings
42
Median Asking Price
$787K
Median $/Sqft
$907
Avg Days on Market
N/A
New This Week
3
Price Reduced
19%
Sold (30 Days)
8
Median Sale Price
$500K
Live data from RLS at REBNY • Updated 2/16/26, 6:28 AM EST
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Location
488 OCEAN Parkway #5E, Kensington, Kings County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
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Listing Courtesy of Douglas Elliman Real Estate - Oleg Polonsky
Listing Contact: (646) 256-0899
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.
RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 11:28 AM UTC