$525,000
Updated 24 days ago
Sold

488 Ocean Parkway, 5-E

Kensington, Brooklyn | Ditmas Ave & Cortelyou Road

4 Rooms2 Beds1 Bath850 Square FeetCo-op

$525,000
Maintenance$762
Price Per SF
$618

This property was sold for $525,000 on 06/11/26.

Listing Features

  • Entry Foyer
  • Separate Dining Area
  • Dishwasher
  • Microwave
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • Treeline Views
  • East Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Satellite TV
  • Storage

Policies

  • No Pets

Property Description for 488 Ocean Parkway, 5-E

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.


Listing History for 488 Ocean Parkway, 5-E

Now
07/30/2026
$525,000
Sold and Closed by Oleg Polonsky
Douglas Elliman
03/20/2026
Contract Signed by Oleg Polonsky
Douglas Elliman

Building Details for 488 Ocean Parkway

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built1958
Financing Allowed90%
Floors/Apts6/50
Learn More About the Building

Transit and Citi Bike

Subway

Ditmas Av
0.26 miles

Citi Bike

Cortelyou Rd & E 8 St
0.2 miles
E 3 St & Cortelyou Rd
0.21 miles

Contact Agent

Contact Agent

Oleg Polonsky
Douglas Elliman
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1761061