525 Ocean Parkway #5A
Co-op in Kensington
In Contract
10
Map
$595,000
2
Beds
2
Baths
–
Half Bath
–
Ft²
–
$/ft²
–
Acres
Spacious two bedroom apartment with private outdoor space for sale
in an elevator building located in prime Kensingston.
Enter this apartment through a closet-lined hallway to discover a large living room leading to a private balcony overlooking Ocean Parkway. The apartment's living space faces west, promising spectacular sunsets.
Down the hall, you will find an enormous eat-in, south-facing kitchen featuring a dishwasher. Through the kitchen is the smaller of the two bedrooms. This space could also be used as an office or a separate dining room. Further down the hall, you will find the bathroom, a linen closet, and then the primary bedroom. The primary bedroom can comfortably accommodate a king-sized bed and boasts ample...
Enter this apartment through a closet-lined hallway to discover a large living room leading to a private balcony overlooking Ocean Parkway. The apartment's living space faces west, promising spectacular sunsets.
Down the hall, you will find an enormous eat-in, south-facing kitchen featuring a dishwasher. Through the kitchen is the smaller of the two bedrooms. This space could also be used as an office or a separate dining room. Further down the hall, you will find the bathroom, a linen closet, and then the primary bedroom. The primary bedroom can comfortably accommodate a king-sized bed and boasts ample...
LISTING AGENT
Building Features
Parking
Garage ParkingParking Waitlist
Facilities
Bike RoomStorage AvailableLaundry Room
Services
Part-Time DoormanDoorman
Pet Policy
Cats AllowedDogs Allowed / Cats Allowed
Home Features
HVAC
Wall Units
Outdoor Space
Balcony
Exposure
South ExposureWest Exposure
Price History
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$34,200ExpensesPer Year
$10,740Operating ProfitPer Year
$23,460 Cap rate
3.94%Price Estimate
$689,000$600,950$512,900
20232024202520262027
Current Asking Price
$595,000
HopScore Market Price
$600,950
The current asking price is $5,950 below the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| Sold | Condo | 2 | 1 | 841 ft² $656/ft² | $551,750 $699/mo |
| Sold | Coop | 2 | 2 | 1,200 ft² $571/ft² | $685,000 $941/mo |
| Sold | Coop | 2 | 2 | - | $579,000 $818/mo |
| Sold | Coop | 2 | 1 | 1,150 ft² $565/ft² | $650,000 $705/mo |
| Sold | Coop | 2 | 2 | 1,100 ft² $590/ft² | $649,000 $874/mo |
Payment Calculator
Building Info
525 Ocean Parkway525 Ocean Parkway, Brooklyn, NY 11218
- 62 Units
- 2 Units for Sale
Neighborhood
About Kensington
Inquire about this Property
By proceeding, you agree to our Terms of Service.Sales History
| Unit | Beds | Baths | ft² | Asking Common Charges | Listed Listing Status | Closed Days on Market | Closing Above/Below Asking | Buyer(s) |
|---|---|---|---|---|---|---|---|---|
2 | 2 | - | $595,000 -/mo | Mar 22, 2023 In Contract | - - | - - | - | |
1 | 1 | - | $295,000 -/mo | Feb 7, 2023 Active | - | - - | - | |
1 | 1 | - | $410,000 -/mo | Jan 24, 2023 Active | - | - - | - | |
5D | 1 | 1 | 825 | $425,000 -/mo | Aug 1, 2022 - | - - | - - | - |
2 | 2 | 1,100 | $649,000 -/mo | Jul 28, 2022 Expired | - - | - - | - | |
5J | 2 | 2 | 1,200 | $675,000 $941/mo | Oct 20, 2021 - | - - | - - | |
3 | 2 | 1,226 | $849,000 $896/mo | May 25, 2021 Sold | Oct 4, 2021 132 days | $865,000
+1.88%
| ||
1 | 1 | 750 | $349,000 $591/mo | Mar 5, 2021 Sold | Aug 16, 2021 164 days | $325,000
-6.88%
| ||
6K | 2 | 1 | 1,150 | $725,000 $740/mo | Nov 6, 2020 - | - - | - - | |
Stu | 1 | 600 | $280,000 $428/mo | Mar 5, 2020 Sold | Feb 3, 2021 335 days | $240,000
-14.29%
|
Similar Homes for Sale
Nearby Rentals
Listed by: Mariah Vitali
Compass
Last Updated: 2 months ago
Data Source: REBNY (©2023 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 REBNY Listing Service, Inc. All rights reserved.
Compass
Last Updated: 2 months ago
Data Source: REBNY (©2023 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
