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$345,000

540 Ocean Pkwy Unit 5R New York City, NY 11218

1 bed
1 full
Condo

Property details

About 540 Ocean Pkwy Unit 5R

Step into this bright and sunny, recently improved 1-bedroom, 1-bathroom co-op apartment offering a generous floor plan for comfortable living space. Situated on the 5th floor of a well-kept elevator building, this inviting home is designed for relaxation. Enjoy your private 50-square-foot balcony, a tranquil extension of your living space that invites you to step outside and savor the fresh air. With eastern exposures overlooking the treetops along iconic Ocean Parkway, it’s the perfect setting for your morning coffee, tending a collection of potted plants, or simply unwinding with a book as the sun rises. This charming outdoor retreat offers a welcome escape from city life without ever leaving home. The kitchen features new appliances and ample cabinet and counter space, perfect for culinary pursuits and everyday convenience. Natural light pours through large windows, illuminating the open layout, hardwood floors, and plentiful smartly designed storage throughout. Outside your door, Kensington’s residential charm and easy access await. Only 8 minutes on foot to the F train, making trips around Brooklyn and into Manhattan a breeze. Prospect Park’s expansive greenery, the vibrant shops and restaurants along Cortelyou Road, and neighborhood cafes are all close by, bringing the best of Brooklyn living to your doorstep. Please note there is a monthly assessment of $207.61 until July 31, 2025.

Highlights

Home typeStock Cooperative
StatusActive
Year built1962
ParkingGarage
MLS #RLS20033766
ViewCity

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Gas Cooktop
  • Flooring Type: Hardwood
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: Garage
  • View: City
  • Exterior: Private Outdoor Space Under 60 Sqft
  • List Price: $345,000
  • HOA Amount: $903 Monthly
  • Year Built: 1962
  • MLS Number: RLS20033766
  • MLS Name: RLS
  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Ian Mednick
  • Agent Phone: (203) 858-5789

The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumers' consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/25/2025, 11:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

9

P.S. K134 Brooklyn

Public District KG-5

0.2 mi

4001 18th Ave

5

P.S. 217 Colonel David Marcus School

Public District KG-5

0.4 mi

1100 Newkirk Ave

5

P.S. 179 The Kensington School

Public Magnet KG-5

0.4 mi

202 Avenue C

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,888. Typical income of New York City, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

38%
<35k
53%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
8%
Single, with Kids
22%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 540 Ocean Pkwy Unit 5R

The listing price of 540 Ocean Pkwy Unit 5R property is $345,000.

The property 540 Ocean Pkwy Unit 5R is a condo located in New York City, New York, 11218.

Active Listing: 540 Ocean Pkwy Unit 5R is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 540 Ocean Pkwy Unit 5R are: P.S. K134 Brooklyn (GreatSchools Rating 9/10), P.S. 217 Colonel David Marcus School (GreatSchools Rating 5/10), P.S. 179 The Kensington School (GreatSchools Rating 5/10), J.H.S. 62 Ditmas (GreatSchools Rating 7/10), Brooklyn Dreams Charter School (GreatSchools Rating 6/10), J.H.S. 223 Montauk (GreatSchools Rating 6/10), Urban Assembly School for Leadership and Empowerment (GreatSchools Rating 7/10), Brooklyn College Academy (GreatSchools Rating 7/10), Franklin Delano Roosevelt High School (GreatSchools Rating 3/10).

The property at 540 Ocean Pkwy Unit 5R has 1 bedroom and 1 bathroom.

The sq. ft. of 540 Ocean Pkwy Unit 5R is not available (source: MLS/tax record).

The year of construction for 540 Ocean Pkwy Unit 5R is 1962.

This home is located at 540 Ocean Pkwy Unit 5R in New York City, NY and zip code 11218 in the Kensington neighborhood. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 28, 2025 and is currently priced at $345,000.

New York City, NY housing market in June 2025 saw over 232 listings sold above listed price, more than 1007 sold at listed price and over 715 sold below. In June 2025 in New York City, NY there were 4.3% less homes for sale than in May. In June 2025 median list price was $881,252 and the average listing age was 99 days.

From Rocket Homes Real Estate and based on county public records data.

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