$725,000 $750,000
Updated 4 days ago

500 Ocean Ave, 4-B

Prospect Park South, Brooklyn | Saint Pauls Court & Church Ave

4 Rooms3 Beds1 BathCo-op

$725,000 $750,000
Maintenance$1,069

Listing Features

  • Open Kitchen

Building Amenities

  • Voice Intercom
  • Elevator

Property Description for 500 Ocean Ave, 4-B

500 Ocean Avenue, 4B Prospect Park South
Bring your creativity and vision to this generously proportioned convertible four-bedroom home at 500 Ocean Avenue, offering the opportunity to customize a cooperative residence and create a home tailored to your lifestyle in Prospect Park South, Brooklyn.
Whether you envision a spacious primary suite, a dedicated home office, or additional bedrooms, the exceptional space and versatile layout provides the flexibility to create a home that reflects your lifestyle, needs, and design aesthetic.
From morning walks in Prospect Park, year-round activities at the Lefrak Center, performances at Kings Theatre or films at Nitehawk Cinema, this location offers convenient access to some of Brooklyn ' s best recreational, cultural, and transportation amenities, with seamless transportation via the Q train at Parkside Avenue.
Why pay for someone else's design choices when you can create a home tailored to your own vision? Properties with renovation potential often offer greater value, less competition, and the opportunity to build equity through thoughtful improvements. For qualified buyers, renovation financing options may help streamline the process by combining acquisition and improvement cost into a one loan.
Highlights:
  • Flexible convertible four (4) bedroom layout
  • Exceptional opportunity ready for your vision
  • Well-established and maintained co-op community
  • Desirable Prospect Park South location
  • Convenient proximity to parks, transit, dining, shopping, and entertainment
  • Renovation financing opportunities available
Create a home that reflects your vision, not someone else's choices.
Contact us today to schedule a private showing or learn more about renovation financing options.

Video Walkthrough


Listing History for 500 Ocean Ave, 4-B

Now
06/30/2026
$725,000 [-$25,000] [3.3%]
Price Drop by Anthony Morris
Corcoran
06/18/2026
$750,000
Initial Price by Anthony Morris
Corcoran

Building Details for 500 Ocean Ave

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1931
Floors/Apts6/64
Learn More About the Building

Transit and Citi Bike

Subway

Church Av
0.08 miles
Parkside Av
0.32 miles
Beverley Rd
0.48 miles

Citi Bike

E 21 St & Church Ave
0.09 miles
Caton Ave & St. Pauls Pl
0.09 miles

Contact Agents

Contact Agents

Licensed As
Anthony L Morris
Associate Broker
License#:
30MO0951810
Company:
Corcoran
Licensed As
Lisa James
Salesperson
License#:
10401215017
Company:
Corcoran
View this property on the company's website

Building Availability

APPSF
Median
Average
-
$725,000
$725,000

Three Beds in Prospect Park South

APPSF
Median
Average
-
$725,000
$725,000

Prospect Park South | Brooklyn

Quick Profile

Charming tree-lined blocks, grand homes, and grassy center esplanades - Prospect Park South feels more like a quiet suburb than Brooklyn, the most populated borough in New York City. 

The small landmarked neighborhood in south Brooklyn is bounded by Coney Island Avenue to the southwest, Ocean Avenue to the northeast, Prospect Park to the south, and Beverly Road to the south. 

Don’t let the suburban vibe of Prospect Park South fool you, urban grit awaits you just outside the neighborhood's boundaries. It’s about a 45-minute commute to Manhattan on the B, Q, or F train or a short walk to livelier neighborhoods. Prospect Park South is flanked by Windsor Terrace, Kensington, Ditmas Park, and Flatbush. It’s the best of both worlds. 

The history of the neighborhood starts with its original developer, Dean Alvord. If it wasn’t for his unique vision, Prospect Park South may have never blossomed into what it is today. In 1899 Alvord wanted to take advantage of Brooklyn’s newly created railway system that connected the borough. He purchased farmland and began building the neighborhood, which began as a six-block-by-two-block swatch of land with grand homes. Many of the houses were Victorian-inspired. Alvord marketed the neighborhood as a slice of country in the big city and the rest is pretty much history. 

Prospect Park South is a few blocks bigger these days. Its grand Victorian-style homes still define the neighborhood. Other architectural styles found in the nabe include Colonial, French Revival, and Spanish Mission. Apartments and a few prewar co-ops complete the neighborhood's housing stock. 

There aren’t too many places to shop in Prospect Park South but you might find a few spots in the commercial areas along Coney Island Avenue and Church Avenue. The suburban setting of Prospect Park South is popular with young families, which is why they’ve flocked there for the last decade.

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: 2184235