510 Ocean Parkway

510 Ocean Parkway is a Co-op located in Kensington, Brooklyn. The building was first built in 1931 and is 93 years old. It was first renovated and altered in 1983. The lot that the building was built on is 100 feet wide and 140 feet long. The official lot area is listed as 14,000 square feet. The building itself is 100 feet wide and 100 feet long. In total, 510 Ocean Parkway has a total floor area of 30,850 square feet. Of that, 30,850 square feet are used for residential purposes. There are a total of 39 units. Of those, 39 are residential units. 510 Ocean Parkway has a total of 4 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 37 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 147 days Meaning, listings tend to sell at a median of $442 price per square foot. The transaction that took the longest to complete was unit 4E, listed on Jan 07, 2018 for $295,000. This particular unit ultimately sold 281 days later for $260,000. The most recent transaction was for unit 2K, which was first advertised on Jul 18, 2023, sold for $223,000 on Dec 12, 2023. Fun fact, the oldest transaction we have on record took place on May 05, 1969. See the full transaction history for 510 Ocean Parkway below.

Kensington, where 510 Ocean Parkway is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $289,000. For interested buyers, that means the building's median asking price is around 0.30% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $428,000. It is a 800 sqft 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $348,999. It is a 800 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 one-bedroom, 2 two-bedroom, units for sale! The median price of all the active units for sale in the building is $375,000. Collectively, the median square footage of these active units for sale is 800 sqft. Active units for sale at 510 Ocean Parkway are mostly 2-bedroom apartments Active units for sale at 510 Ocean Parkway have a median count of 2 bedrooms and have a median count of 1 bathroom.