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540 Ocean Parkway 4HBrooklyn, NY 11218

For Sale

$372,500

Smart Buyer Rebate - Ask

Spacious One-Bedroom Co-op in Kensington, Brooklyn. Welcome to Imperial House! This spacious one-bedroom co-op features an extra-large living room with great natural light, hardwood floors, five large closets, and a private balcony overlooking Ocean Parkway. The generous layout offers potential for a second bedroom.

Apartment Features:
Private balcony facing Ocean ParkwayFive large closets and ample storageWall sleeves for air conditioners Building Amenities:Indoor parking garageLaundry room, storage, and elevatorIntercom security and live-in superintendent
Monthly Maintenance includes heat, hot water, and cooking gas.

Co-op Requirements: Minimum 10% down payment, 2.5% flip tax, and subletting permitted after two years with board approval and a 15% sublet fee.

Conveniently located in proximity to shopping on Ditmas Avenue and 18th Avenue, the B and F subway lines, multiple bus routes, parks, and major roadways.

Listed by Avi Shalem

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Brown Harris Stevens Brooklyn LLC

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(917) 836-0974

Listed by Nathaly Sierra-Vargas

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Brown Harris Stevens Brooklyn LLC

Last updated October 23, 2026

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Source: REBNY #RLS20122063

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodKensington
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu10
  • HOA/Maint. Fees$916/month
  • Size1,000 sqft
  • Price per sqft$373

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

10/21/2026
Listed by Brown Harris Stevens Brooklyn LLC
$372,500
  1. 10/21/2026$372,500
    Listed by Brown Harris Stevens Brooklyn LLC

Estimated Closing Costs

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

Estimated closing costs are based on the list price of $372,500 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 540 Ocean Parkway 4H

Association

Amenities

  • Pets Allowed: Building Yes, No

Fees

  • Association Fee: $916.00 Monthly

Financial

  • Flip Tax: 2.5%
  • Flip Tax Remarks: Contact Agent

Exterior

Construction

  • Number Of Units Total: 114
  • Stories Total: 6
  • Structure Type: High Rise
  • Year Built: 1962
  • Entry Level: 3

Features

  • Patio And Porch Features: Balcony
  • View: City, Skyline

Interior

Measurements

  • Living Area: 1,000
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Kensington
  • Tax Block: 05399
  • Tax Lot: 0021

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 540 Ocean Parkway 4H.

How does 540 Ocean Parkway 4H compare to other co-ops in Kensington?

This co-op is listed 36% below the average price for co-ops in Kensington and has been on the market for 69 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 1,000 sqft.

540 Ocean Parkway 4H is a 1-bedroom, 1-bath co-op for sale in Brooklyn NY 11218. Listed on Prevu for 10 days at $372,500. This residence features 1,000 square feet of living space, located in Kensington. The median listing price for co-ops in this area is $599,000. Property amenities include private outdoor space. Browse more co-op listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at 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. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., 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.