540 Ocean Parkway, Unit 5R

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Description

Step into this bright and sunny, recently improved 1-bedroom, 1-bathroom co-op apartment offering a generous floor plan for comfortable living space. Situated on the 5th floor of a well-kept elevator building, this inviting home is designed for relaxation.
Enjoy your private 50-square-foot balcony, a tranquil extension of your living space that invites you to step outside and savor the fresh air. With eastern exposures overlooking the treetops along iconic Ocean Parkway, it’s the perfect setting for
...Step into this bright and sunny, recently improved 1-bedroom, 1-bathroom co-op apartment offering a generous floor plan for comfortable living space. Situated on the 5th floor of a well-kept elevator building, this inviting home is designed for relaxation.

Enjoy your private 50-square-foot balcony, a tranquil extension of your living space that invites you to step outside and savor the fresh air. With eastern exposures overlooking the treetops along iconic Ocean Parkway, it’s the perfect setting for your morning coffee, tending a collection of potted plants, or simply unwinding with a book as the sun rises. This charming outdoor retreat offers a welcome escape from city life without ever leaving home.

The kitchen features new appliances and ample cabinet and counter space, perfect for culinary pursuits and everyday convenience. Natural light pours through large windows, illuminating the open layout, hardwood floors, and plentiful smartly designed storage throughout.

Outside your door, Kensington’s residential charm and easy access await. Only 8 minutes on foot to the F train, making trips around Brooklyn and into Manhattan a breeze. Prospect Park’s expansive greenery, the vibrant shops and restaurants along Cortelyou Road, and neighborhood cafes are all close by, bringing the best of Brooklyn living to your doorstep.

Please note there is a monthly assessment of $207.61 until July 31, 2025.

Amenities

  • Part-Time Doorman
  • Private Terrace
  • Common Outdoor Space
  • Hardwood Floors
  • Elevator
  • Laundry in Building
  • Dishwasher
  • Garage
LISTING UPDATED: 10/08/2025 10:57 AM

Property Details for 540 Ocean Parkway, Unit 5R

StatusSold
Days on Market47
Taxes-
Maintenance$904 / month
Min. Down Pymt20%
Total Rooms3.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1962
CountyKings County
Buyer's Agent Compensation2.25%

Building

540 Ocean Pkwy

114 Units6 StoriesBuilt in 1962

Location

Add your commute

Building Information for 540 Ocean Parkway, Unit 5R

Building/Complex540 Ocean PkwyFloor5Stories6Residences114Pet PolicyAllowedPet Policy Details-Year Built1962Building AgePost-war

Payment Calculator

$2,756 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,852

Property Taxes

$0

Maintenance/Common Charges

$904

The Payment Calculator is for illustrative purposes only.

Property History for 540 Ocean Parkway, Unit 5R

DateEvent & SourcePriceAppreciationLink
Sep 30, 2025

Sold

Manual

$380,000
Sep 30, 2025

Sold (Public Record)

ACRIS #2025100900575001

$380,000
Aug 14, 2025

Contract Signed

Manual

Jun 27, 2025

Listed (Active)

Manual

$345,000
DateEvent & SourcePrice
09/30/2025

Sold

Manual

$380,000
09/30/2025

Sold (Public Record)

ACRIS #2025100900575001

$380,000
08/14/2025

Contract Signed

Manual

06/27/2025

Listed (Active)

Manual

$345,000

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

Public Records for 540 Ocean Parkway, Unit 5R

Taxable ValueLand-Additions-Total-
Home Facts
APN3053990021

Schools near 540 Ocean Parkway, Unit 5R

This home is within New York City Geographic District #20.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 179 Kensington
PublicPK to 5

Jhs 62 Ditmas
Public6 to 8

I.S. 187 The Christa Mcauliffe School
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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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. 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 2026, 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. ©2026 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.©2026 The Real Estate Board of New York, Inc., All rights reserved.