Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $240,000

Listed at $269,000 · Sold 10.8% below asking · Closed February 3, 2021

SOLD: 525 Ocean Parkway #4H
SOLD $240,000
Sold Co-op

$240,000

$400 per sq ft

Listed at $269,000 $-29,000 vs asking

525 Ocean Parkway #4H

KENSINGT, Brooklyn

MLS® #RLS10625561

RLS at REBNY

Listing by Elliman

Studio

1

Bath

600

Sq. Ft.

1963

Year Built

Sale Details

Sale Price $240,000
Original List Price $269,000
First Listed At $280,000
Close Date February 3, 2021
vs. Asking Sold 10.8% below asking

Property Summary

Bedrooms Studio
Bathrooms 1
Living Area 600 sq ft
Year Built 1963
Ownership Co-op
Maintenance $428/mo
Neighborhood KENSINGT
Floor 4 of 6

Description

Welcome to 525 Ocean Pkway located in Kensington. This spacious alcove studio has been totally renovated with a new kitchen, stainless steel appliances, refinished hardwood floors throughout, new bath and freshly painted. This unit has an excellent layout and plenty of room. There is a sleeping alcove, sizable dining area and plenty of closets. This coop building has a newly renovated lobby, roof and elevator all have been recently upgraded. There is laundry in the building, bike storage and parking (on a wait list). Location of the building is near the F, Q & B trains and close to Cortelyou Road & Newkirk Plaza, with great restaurants, bars, farmers market, grocery stores and many other amenities. All with a low monthly maintenance of $428.10. Maintenance includes heat and hotwater; gas and electric are not included. Sublets permitted after 2 years. No Dogs. Flip tax $40 per share (20 shares) paid by seller. Minimum down payment is 20%. Photos are virtually staged.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Year Built 1963
Living Area 600 sq ft
RLS at REBNY

Listing courtesy of Margaret Calarco at Elliman. 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. This 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.

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