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$525,000
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Property Description
This converted 2 bedroom apartment with a smart layout is in 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.
Full Property Details
Full Property Details for 488 Ocean Pkwy #5E
General
- Sold For: $525,000
- HOA FEE: $762/month
- Status: Closed
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20070520
- Added to Site: 209 day(s) ago
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Building Other
Additional Information
- Pool: Yes
- Pool Description: Building None
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
Parking
- Garage: Yes
Location
- County: Kings
- Subdivision: Kensington
- Building Name: The Edgewood
Community
- Pets Allowed: Yes
Structural Information
- Structure Type: High Rise
- Basement Desc.: Other
- Stories/Levels: 6
- Square Feet: 850
- Living Area: 850 Sq. Ft.
- Year Built: 1958
- Other Struct. Feat.: Bike Storage, Elevator(s), Storage
Lot Features
- Property View: Other
- Zoning: R7A
Financial Considerations
- Association Fee: $762
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 05389-0041-00488-000-000005E
- Block: 5389
- Lot Number: 41
Listing Courtesy of Douglas Elliman Real Estate
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Schools
Schools serving 488 Ocean Pkwy #5E
School District:New York City Geographic School District 20
| Name | Grades | Distance |
|---|---|---|
Ps 179 Kensington 202 Avenue C, Brooklyn, NY 11218 | K-5 | 0.3 mi |
Jhs 62 Ditmas 700 Cortelyou Road, Brooklyn, NY 11218 | 6-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 488 Ocean Pkwy #5E
Date
Details
Price
Change
Source
6/11/2026
Sold
$525,000
5.21%
MLS
2/04/2026
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
488 Ocean Parkway #5E, New York City, NY 11218 (MLS# RLS20070520) is a Apartment property that was sold at $525,000 on June 11, 2026. Want to learn more about 488 Ocean Parkway #5E? Do you have questions about finding other Apartment real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

