488 OCEAN Parkway 5E Brooklyn, NY $ 499,000
488 OCEAN Parkway 5E
$ 499,000
Recently Listed
Open House 2/8 2pm - 3:30pm
Share Save

488 OCEAN Parkway 5E

Brooklyn, NY, 11218
$ 499,000
Bedrooms2 Baths1.0 Sq 850

Monthly Estimate*

$ 3,072

488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 1
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 2
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 3
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 4
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 5
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 6
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 7
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 8
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 9
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 10
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 11
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 12
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 13
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 14
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 15
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 16
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 17
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 18
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 19
488 OCEAN Parkway 5E, Brooklyn, NY 11218 - Image 20
View a Virtual Tour

Co-Op for sale in Brooklyn, NY

for $499,000 with 2 bedrooms and 1 full bath. This 850 square foot home was built in 1958.

This cοnvertеd 2 bedrοom араrtment with a smart lауοut іs іn 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.

See more

Open House

2/8/2026 2:00 PM - 3:30 PM
488 OCEAN Parkway 5E Brooklyn, NY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Co-Op Active

Price

$ 499,000

Bedrooms

2

Full Bath

1

Property Type

Co-Op

Taxes

$ 0

Style

Year Built

1958

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20070520

List By
Oleg Polonsky

Listing Agent

Douglas Elliman Real Estate

Broker

(646) 256-0899

Phone

Affordability Calculator

$3,072
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$499,000 Listed Price

Map


See all

488 OCEAN Parkway 5E, Brooklyn, NY, 11218 is a Co-Op for sale at $499,000 with 850 sqft. 488 OCEAN Parkway 5E has 2 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 11218 which is in Brooklyn, NY