Skip main navigation
Sold
Street View
  • $710,000

    540 Ocean Pkwy APT 5I, Brooklyn, NY 11218

    3beds
    --sqft
    Coop
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $3,641 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,641/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,641/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,641/mo

    Rent Zestimate®

    Refinance and save

    $5,190/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,190/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Introducing an exceptional opportunity to own the most budget-friendly 3-bedroom, 2-full bathroom unit with a terrace in the heart of Kensington! This recently renovated sponsor unit, requiring no board approval, is nestled within a meticulously maintained co-op building. Upon entering, you're greeted by a spacious entryway and foyer featuring an expansive closet for convenient storage. The generous living/dining room area boasts spotlights and ample space for a sizable dining table, illuminated by an abundance of natural light. Adjacent to the dining area is a fully equipped kitchen showcasing brand new appliances, including a dishwasher, gas stove, large refrigerator, and abundant counter space. The windowed kitchen provides flexibility for a charming breakfast nook or a cozy round table setup. Each of the three bedrooms is thoughtfully designed, offering sufficient space and individual closets to cater to your organizational and storage requirements. The primary bedroom features an en suite bathroom. Both bathroom have undergone recent upgrades. The apartment has hardwood flooring, great ceiling height, and a bright atmosphere enhanced by natural light. This is a rare opportunity to own an affordable and well-appointed residence in the sought-after Kensington neighborhood. The F subway line is just minutes away, and the B/Q subway lines at Newkirk Plaza are conveniently located nearby. Explore the vibrant offerings of Cortelyou Rd and Newkirk Plaza, home to a diverse array of restaurants, supermarkets, and shopping opportunities. The building has an elevator, laundry room, bike room, a parking garage (waitlist), a live-in super, and a porter. As a sponsor unit, no board approval is required, and a 10% down payment is allowed. There is currently an assessment of $328.00 until 7/31/24. The photos of the unit have been virtually staged for prospective buyers to visualize the space.

    Zillow last checked:

    Listing updated:

    Listed by:

    Raisa Galker,

    Corcoran

    Source: StreetEasy,MLS#: S1689355

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Terrace
    • Exterior features: Terrace
    Details
    • Parcel number: 0539900215I
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Cooperative
    • Property subtype: Coop
    Condition
    • Year built: 1962

    Community & HOA

    Community
    • Subdivision: Kensington
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Elevator(s)
    • Services included: Maintenance
    • HOA fee: $1,384 monthly
    Location
    • Region: Brooklyn

    Financial & listing details

    • Tax assessed value: $8,593,000
    • Annual tax amount: $416,063
    • Date on market: 11/9/2023

    Price history

    DateEventPrice
    5/7/2025Sold$710,000
    Source: StreetEasy #S1689355 Report a problem
    6/6/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/4/2024Listed for rent$3,800+2.7%
    Source: Zillow Rentals Report a problem
    3/29/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/13/2024Listed for rent$3,700
    Source: Zillow Rentals Report a problem
    3/11/2024Listing removed$710,000
    Source: StreetEasy Report a problem
    2/23/2024Price change$710,000-2.1%
    Source: StreetEasy Report a problem
    10/18/2023Price change$725,000-8.1%
    Source: StreetEasy Report a problem
    7/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/18/2023Price change$789,000-0.1%
    Source: StreetEasy Report a problem
    7/13/2023Listed for rent$3,700
    Source: Zillow Rentals Report a problem
    6/17/2023Price change$790,000-0.6%
    Source: StreetEasy Report a problem
    5/19/2023Price change$795,000-6.5%
    Source: StreetEasy Report a problem
    4/23/2023Listed for sale$850,000
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2020-- --
    2019-- --
    2018$416,063 $3,866,850 +6.2%
    2017-- $3,642,750
    Find assessor info on the county website

    Neighborhood: Kensington

    Nearby schools

    GreatSchools rating