3 months on rocket

Sale Pending

525 Ocean Pkwy Unit 2F, Kensington Brooklyn, NY, 11218

$270,000

Home List Price

$3,206*

Closing Credit

1 Bedroom
1 Full Bath
Condo
Schools Nearby

Location

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525 Ocean Pkwy Unit 2F, New York$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingGarage, Waitlist
Year Built1963
HeatingOther
CoolingNone
MLS #3523494
StatusSale Pending
(U)

About 525 Ocean Pkwy Unit 2F

First time on the market, a rarely available opportunity to bring your vision to live and make this apartment a perfect place to call home in Kensington. Located on the second floor of an elevator building, this spacious one bedroom provides Eastern Exposure and is at the back of the building, secluded from the sounds of Ocean Parkway. Upon entering, you will find a foyer with a hall closet which leads to an oversized living area and comfortable dining or home office space. The hallway leading into the bedroom has two closets. The bedroom comfortably accommodates a king bed and has a double closet. With a little bit of work this can be your one of a kind home for years to come. This desirable elevator building has a part time doorman and has recently completed a major renovation to include the Butterfly Intercom system, laundry room, extensive exterior work and landscaping. There is a live-in super, indoor parking garage and bike room. Located off of Ditmas Avenue in the heart of Kensington, 525 Ocean Parkway is just blocks from the Cortelyou Rd shopping district, charming restaurants, and cafes. Prospect Park is a mile away. This home is accessible via multiple subway lines including the F at Ditmas Avenue, G at Church Avenue, Q at Cortelyou Road, and B at Newkirk Plaza.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Rise
  • Year Built: 1963
  • Stories: 6

Listing Office:

  • Office Name: Coldwell Banker Reliable R E
  • Office Phone: (718) 921-3100

Interior Features

Interior Information:

  • Basement: No
  • Interior: Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Garage, Waitlist

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000

HOA Fees:

  • Amount: $653
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

525 Ocean Pkwy Unit 2F vs New York

116 DAYS ON ROCKET

+20 Days

$270,000

-$575.4K Less

KEY TAKEAWAY

This property is $575.4K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3523494

Listing Office:

  • Office Name: Coldwell Banker Reliable R E
  • Office Phone: (718) 921-3100

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 8:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,068

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2596299
10
/10

  • PS 134

  • 4001 18th Ave

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-2596300
5
/10

  • Brooklyn Dreams Charter School

  • 259 Parkville Ave

  • 0.26 miles

  • Public Charter Grades KG-6

school-card-donut-2596301
6
/10

  • PS 217 Colonel David Marcus School

  • 1100 Newkirk Ave

  • 0.33 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,888. Typical income of New York, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 Ocean Pkwy Unit 2F

What is the listing price of this property?

The listing price of 525 Ocean Pkwy Unit 2F property is $270,000.

What type of property is this?

The property 525 Ocean Pkwy Unit 2F is a condo located in Kensington Brooklyn, New York, 11218.

Is this property for sale now?

Sale Pending: 525 Ocean Pkwy Unit 2F is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 525 Ocean Pkwy Unit 2F has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 525 Ocean Pkwy Unit 2F is 1963.

Rocket Homes›New York›Kings County›New York›11218›525 Ocean Pkwy Unit 2F

This home is located at 525 Ocean Pkwy Unit 2F in Kensington Brooklyn, NY and zip code 11218 in the Kensington neighborhood. This home was built in 1963. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $270,000.

Over 154 listings were sold over their listed price in March 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 645 listings were sold for the listed price. In March 2024 in New York, NY there were 3.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 96 days, the median list price was $845,489.

From Rocket Homes Real Estate and based on county public records data.

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