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488 Ocean Parkway 3BBrooklyn, NY 11218

For Sale

$400,000

Smart Buyer Rebate - Ask

Welcome to this bright and well-proportioned one-bedroom apartment located on the 3rd floor of a well-maintained elevator building in prime Ocean Parkway.

Offering approximately 750 square feet of comfortable living space, this thoughtfully designed residence features a smart, functional layout with excellent flow—ideal for both everyday living and working from home.

A welcoming foyer with a convenient coat closet opens into a sun-filled living area, enhanced by hardwood floors and abundant natural light throughout. The kitchen offers generous cabinet space, providing excellent storage and functionality. Just off the kitchen, a dedicated dining room creates a comfortable and separate space for meals and entertaining, adding to the home’s overall practicality and flow.

Building amenities include:

Pied-à-terre friendly
In-building laundry
Secure bike storage
Live-in superintendent
Flexible subletting policy
Garage parking available via waitlist
Additional storage (waitlisted, $40/month)
Multiple Closets throughout the apartment
This pet-friendly (cats only) building features strong financials, high owner occupancy, and no current assessments, offering peace of mind for buyers.

Located along prime Ocean Parkway, the building offers easy access to Prospect Park, nearby cafes and restaurants, and convenient transportation via the F, G, B, and Q trains—making commuting to Manhattan straightforward and efficient.

Looking ahead, the neighborhood is also expected to benefit from the proposed Interborough Express (IBX), with a planned stop nearby that may further enhance cross-borough connectivity once completed.

A rare combination of space, condition, and location—this well-appointed one-bedroom is not to be missed.

Listed by Joinel Sanchez

·

MYNY Residential

·

646-789-3979

Last updated June 15, 2026

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Source: OneKey #1010594

Listing Facts

  • TypeCo-op
  • NeighborhoodKensington
  • Bedrooms1
  • Bathrooms1
  • Days on PrevuNew Today
  • HOA/Maint. Fees$737/month
  • Size750 sqft
  • Price per sqft$533

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/15/2026
Listed by MYNY Residential
$400,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $400,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 488 Ocean Parkway 3B

Association

Amenities

  • Pets Allowed: Cats OK

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 6
  • Year Built: 1958
  • Architectural Style: Other
  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick
  • Entry Level: 3

Measurements

  • Building Area Units: Square Feet

Interior

Features

  • Appliances: Dishwasher
  • Flooring: Wood
  • Interior Features: Formal Dining, Storage

Measurements

  • Living Area: 750
  • Living Area Source: Other

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 4

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Garage, Waitlist

Schools

Elementary School

  • Elementary School: Ps 179 Kensington
  • Elementary School District: Brooklyn 20

High School

  • High School: Franklin Delano Roosevelt High School
  • High School District: Brooklyn 20

Middle or Junior School

  • Middle Or Junior School: Jhs 62 Ditmas
  • Middle Or Junior School District: Brooklyn 20

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is 1 bedroom and 1 bathroom in this co-op at 488 Ocean Parkway 3B.

What schools are nearby to 488 Ocean Parkway 3B?

Nearby schools include the Ps 179 Kensington Elementary School, Jhs 62 Ditmas Middle School, and Franklin Delano Roosevelt High School.

Does this co-op have parking?

Yes, there is 1 parking space available for 488 Ocean Parkway 3B.

Are pets allowed at 488 Ocean Parkway?

Yes, 488 Ocean Parkway allows pets. Check the Property Details for any relevant restrictions.

How does 488 Ocean Parkway 3B compare to other co-ops in Kensington?

This co-op is listed 21% below the average price for co-ops in Kensington and has been on the market for 147 less days than the typical home in this area.

What is the square footage on this co-op?

According to the MLS, this listing is 750 sqft.

488 Ocean Parkway 3B is a 1-bedroom, 1-bath co-op for sale in Brooklyn NY 11218. On Prevu for 0 days at $400,000. This property features 750 square feet of living space, located in Kensington. The median listing price for co-ops in this area is $612,000. Nearby schools include Ps 179 Kensington Elementary School, Jhs 62 Ditmas Middle School, and Franklin Delano Roosevelt High School. Additional amenities include dishwasher, pets allowed, and parking. Browse more co-op listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.