525 Ocean Parkway, Unit 5K

525 Ocean Pkwy
Kensington

$699,000
Price
2
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

  Prime Kensington opportunity at 525 Ocean Parkway! This beautifully renovated two-bedroom co-op with a private balcony offers a bright, comfortable layout and modern finishes throughout. Enter into a proper foyer with a coat closet that leads to a spacious dining area and an oversized living room with direct access to a balcony large enough for a seating or dining setup. The windowed two-tone eat-in kitchen features generous counter space, stainless steel appliances (including a dishwasher...  Prime Kensington opportunity at 525 Ocean Parkway! This beautifully renovated two-bedroom co-op with a private balcony offers a bright, comfortable layout and modern finishes throughout. Enter into a proper foyer with a coat closet that leads to a spacious dining area and an oversized living room with direct access to a balcony large enough for a seating or dining setup. The windowed two-tone eat-in kitchen features generous counter space, stainless steel appliances (including a dishwasher and microwave), and abundant soft-closing cabinetry. The sleek, contemporary bathroom offers two shower options, a stylish acrylic tub, a modern vanity, and a concealed medicine cabinet with integrated defogger. The king-size primary bedroom benefits from western light, while the second bedroom enjoys both northern and western exposures. Closet space is excellent, and the hardwood floors have been beautifully refinished throughout. One brand new A/C in the living room is included with the purchase. Ceiling fans will elevate your lifestyle. If you are a fan of sunsets - 5K is your place to enjoy them!   525 Ocean Parkway is a professionally managed elevator building with a live-in super and porter, a first-floor laundry room, and waitlisted parking for $175 per month. Cats and dogs are allowed with prior approval. Unlimited subletting is permitted after two years of ownership. Reasonable maintenance includes real estate taxes and all utilities except electricity. Located just a block from Cortelyou Road at the crossroads of Kensington and Ditmas Park, you'll be moments from popular cafés, dining, and conveniences. Transportation is easy with the Q and F trains nearby, as well as an express bus stop on Cortelyou. The flip tax is $40 per share. With mortgage rates continuing to ease, now is a great time to make your offer.
  1. Listed by Oleg Polonsky • Douglas Elliman Real Estate
    P: (646)-256-0899 C: (646)-256-0899 oleg.polonsky@elliman.com

Property Details for 525 Ocean Parkway, Unit 5K

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City
LISTING UPDATED: 12/14/2025 02:24 PM

Property Details for 525 Ocean Parkway, Unit 5K

StatusActive
MLS IDRLS20061896
Days on Market14
Taxes-
Maintenance$958 / month
Min. Down Pymt20%
Total Rooms4.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1963
CountyKings County

Building

525 Ocean Pkwy

62 Units6 StoriesBuilt in 1963

Location

Listing Courtesy of Douglas Elliman Real Estate
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Building Information for 525 Ocean Parkway, Unit 5K

Building/Complex525 Ocean PkwyFloor5Stories6Residences62Pet Policy-Pet Policy Details-Year Built1963Building AgePost-war

Payment Calculator

$4,412 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,454

Property Taxes

$0

Maintenance/Common Charges

$958

The Payment Calculator is for illustrative purposes only.

Property Information for 525 Ocean Parkway, Unit 5K

Summary
Location and General Information
  • Subdivision Name: Kensington
  • Stories Total: 6
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0091
  • Tax Deduction Percent: .00%
  • Tax Block: 05400
  • Flip Tax Type: Dollars
  • Association Fee Frequency: Monthly
  • Flip Tax: $1,680
  • Building Tax Lot: 0091
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Elevators
  • Landmark Status YN: false
  • Building Exterior Features: BuildingRoofDeck
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 42
  • New Construction: No
  • Structure Type: HighRise
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 5
  • Fireplace: No
  • Floor Number: 5
  • Basement: No
  • Cooling: No
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 62
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: None
  • Land Lease: No

Property History for 525 Ocean Parkway, Unit 5K

DateEvent & SourcePriceAppreciationLink
Dec 1, 2025

Listed (Active)

RLS RESO #RLS20061896

$699,000—
Oct 29, 2009

Sold

BKMLS #343235

$290,000——
Oct 29, 2009

Contract Signed

BKMLS #343235

——
Oct 29, 2009

Sold (Public Record)

ACRIS #2009102901133001

$290,000—
Feb 9, 2009

Listed (Active)

BKMLS #343235

$199,000——
DateEvent & SourcePrice
12/01/2025

Listed (Active)

RLS RESO #RLS20061896

$699,000
10/29/2009

Sold

BKMLS #343235

$290,000
10/29/2009

Contract Signed

BKMLS #343235

—
10/29/2009

Sold (Public Record)

ACRIS #2009102901133001

$290,000
02/09/2009

Listed (Active)

BKMLS #343235

$199,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 525 Ocean Parkway, Unit 5K

Taxable ValueLand-Additions-Total-
Home Facts
APN3054000091

Schools near 525 Ocean Parkway, Unit 5K

This home is within New York City Geographic District #22.
Rating
School
Type
Grades
Distance
P.S. 134
Public - K to 5
Jhs 62 Ditmas
Public - 6 to 8
Brooklyn College Academy
Public - 9 to 12
Middle 890
Public - 6 to 8
Rating
School
Distance
P.S. 134
PublicK to 5

Jhs 62 Ditmas
Public6 to 8

Brooklyn College Academy
Public9 to 12

Middle 890
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 525 Ocean Parkway, Unit 5K, Kensington

525 Ocean Parkway, Unit 5K is a co-op for sale in Kensington. This property was listed for sale on December 1, 2025 by Douglas Elliman Real Estate, it's currently listed at $699,000. It has been on the market for a total of 14 days and was last sold on October 29, 2009. This listing's school district is New York City Geographic District #22. Nearby schools include P.S. 134, Jhs 62 Ditmas and Brooklyn College Academy. 525 Ocean Parkway, Unit 5K is a 2-bed, 1-bath, co-op built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.