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  5. 488 Ocean Pkwy
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488 Ocean Pkwy

488 Ocean Pkwy, Brooklyn, NY, 11218

YEAR BUILT

1958

# STORIES

6

# TOTAL UNITS

26

UNIT SIZE RANGE

560-1,150 sqft

Description

488 Ocean Pkwy stands in Brooklyn's Kensington neighborhood. This high-rise building is set on the intersection of Cortelyou Road and Ocean Parkway. It was built in 1958 and offers a total of 26 condominium units. The view from the building spans across the city. The property is a short distance to the Atlantic Ocean. The building consists of one- and two-bedroom units with sizes ranging from 560 to 1,150 square feet. Current asking prices range from $459,000 to $649,000. Over the past year, the average closed price for units was around $400,000, and the lowest sold price was also about $400,000. Units typically stay on the market for an average of 90 days. This six-story structure includes several reliable amenities. An elevator makes access simple, and there is a live-in superintendent for assistance. Residents can also use the on-site laundry facilities and bike storage. Parking has a waitlist, and cats are welcome within the building. Hardwood floors appear in many units, enhancing the living spaces. Nearby, various dining options are available. New Millenium Deli and Dragon Chinese Kitchen serve a range of meals. A & M Brother Grocery caters to grocery needs, making shopping accessible. The building remains well-connected to public transportation with both the F and Q train stations within reach. The building's location blends urban convenience with a quieter residential feel. Prospect Park lies close by, as well as Ditmas Park and Windsor Terrace. Residents can enjoy city views, including sights of the Verrazano Bridge, adding to the appeal of this building. Overall, 488 Ocean Pkwy presents comfortable living in a vibrant neighborhood.

Building ImageMLS ID #RLS20070520
Building ImageMLS ID #RLS20070520
Building Image
Building ImageView Listing

488 Ocean Pkwy

488 Ocean Pkwy, Brooklyn, NY, 11218

YEAR BUILT

1958

# STORIES

6

# TOTAL UNITS

26

UNIT SIZE RANGE

560-1,150 sqft

Description

488 Ocean Pkwy stands in Brooklyn's Kensington neighborhood. This high-rise building is set on the intersection of Cortelyou Road and Ocean Parkway. It was built in 1958 and offers a total of 26 condominium units. The view from the building spans across the city. The property is a short distance to the Atlantic Ocean. The building consists of one- and two-bedroom units with sizes ranging from 560 to 1,150 square feet. Current asking prices range from $459,000 to $649,000. Over the past year, the average closed price for units was around $400,000, and the lowest sold price was also about $400,000. Units typically stay on the market for an average of 90 days. This six-story structure includes several reliable amenities. An elevator makes access simple, and there is a live-in superintendent for assistance. Residents can also use the on-site laundry facilities and bike storage. Parking has a waitlist, and cats are welcome within the building. Hardwood floors appear in many units, enhancing the living spaces. Nearby, various dining options are available. New Millenium Deli and Dragon Chinese Kitchen serve a range of meals. A & M Brother Grocery caters to grocery needs, making shopping accessible. The building remains well-connected to public transportation with both the F and Q train stations within reach. The building's location blends urban convenience with a quieter residential feel. Prospect Park lies close by, as well as Ditmas Park and Windsor Terrace. Residents can enjoy city views, including sights of the Verrazano Bridge, adding to the appeal of this building. Overall, 488 Ocean Pkwy presents comfortable living in a vibrant neighborhood.

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Description

488 Ocean Pkwy stands in Brooklyn's Kensington neighborhood. This high-rise building is set on the intersection of Cortelyou Road and Ocean Parkway. It was built in 1958 and offers a total of 26 condominium units. The view from the building spans across the city. The property is a short distance to the Atlantic Ocean. The building consists of one- and two-bedroom units with sizes ranging from 560 to 1,150 square feet. Current asking prices range from $459,000 to $649,000. Over the past year, the average closed price for units was around $400,000, and the lowest sold price was also about $400,000. Units typically stay on the market for an average of 90 days. This six-story structure includes several reliable amenities. An elevator makes access simple, and there is a live-in superintendent for assistance. Residents can also use the on-site laundry facilities and bike storage. Parking has a waitlist, and cats are welcome within the building. Hardwood floors appear in many units, enhancing the living spaces. Nearby, various dining options are available. New Millenium Deli and Dragon Chinese Kitchen serve a range of meals. A & M Brother Grocery caters to grocery needs, making shopping accessible. The building remains well-connected to public transportation with both the F and Q train stations within reach. The building's location blends urban convenience with a quieter residential feel. Prospect Park lies close by, as well as Ditmas Park and Windsor Terrace. Residents can enjoy city views, including sights of the Verrazano Bridge, adding to the appeal of this building. Overall, 488 Ocean Pkwy presents comfortable living in a vibrant neighborhood.

488 Ocean Pkwy Key Stats Last 12 months

Avg. Listed Price$390,000($10/Sqft.)

Avg. Sale Price$400,000($10/Sqft.)
Year over year list priceDown Arrow2.26%

Year over year sale priceUp Arrow 0.25%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market90 days

Average HOA fees per sqft$70 /monthly
Next

Key Stats

Year over year list priceDown Arrow2.26%

Year over year sale priceUp Arrow0.25%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market90 days

Average HOA fees per sqft$70 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

488 Ocean Pkwy Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 5A5A1100221932021-09-23
MLS#: RLS10704734
Closed$649,000
Unit 5E5E850111342018-10-31
MLS#: RLS10439144
Closed$435,000
Unit 6C6C-111042018-08-06
MLS#: RLS10103521
Closed$459,000
Unit 5A
5A

2 Beds

2 Baths

1100 sqft


DateStatusPrice
2021-09-23Closed$649,000
MLS#: RLS10704734
Days On Market193
Unit 5E
5E

1 Beds

1 Baths

850 sqft


DateStatusPrice
2018-10-31Closed$435,000
MLS#: RLS10439144
Days On Market134
Unit 6C
6C

1 Beds

1 Baths

- sqft


DateStatusPrice
2018-08-06Closed$459,000
MLS#: RLS10103521
Days On Market104
View Complete Unit Listing HistorySource By: REBNY

Amenities

While The Edgewood may not come packed with a gold-plated laundry room or a rooftop pool, it offers the essentials that matter. The building welcomes pets, which is fantastic for those who dream of coming home to a furry friend after a long day—just be sure to check the specific policies. The true draw of living here is the sense of community you’ll find among your neighbors and the chance to put down roots in a corner of Brooklyn that feels both lively and welcoming.

Next

Amenities Description

While The Edgewood may not come packed with a gold-plated laundry room or a rooftop pool, it offers the essentials that matter. The building welcomes pets, which is fantastic for those who dream of coming home to a furry friend after a long day—just be sure to check the specific policies. The true draw of living here is the sense of community you’ll find among your neighbors and the chance to put down roots in a corner of Brooklyn that feels both lively and welcoming.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking

Policies

If you're a cat lover, you’ll be pleased to know that The Edgewood is cat-friendly, making it a comforting option for pet owners. As for other policies, they're designed to keep the peace and harmony within the building, ensuring a pleasant living experience for everyone.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
488 Ocean Pkwy$10/sqft.$70 /sqft.
640 Ditmas Ave$692/sqft.$2 /sqft.
525 Ocean Pkwy$731/sqft.$2 /sqft.
599 E 7th St$517/sqft.$2 /sqft.
515 E 7th St$527/sqft.$2 /sqft.
428 E 9th St$1,062/sqft.$3 /sqft.

Nearby Schools

In , 488 Ocean Pkwy benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Mevakshai Hashem

--
Private|Grades PK–8
550 Ocean Pkwy|0.14 miles away

J.H.S. 62 Ditmas

B
Public|Grades 6–8
700 Cortelyou Rd|0.16 miles away

Yeshiva Bonim Lamokom

--
Private|Grades UG–UG
425 E 9th St|0.24 miles away

P.S. K134 Brooklyn

A+
Public|Grades KG–5
4001 18th Ave|0.3 miles away

P.S. 179 The Kensington School

B+
Public|Grades KG–5
202 Avenue C|0.33 miles away

Machon Bais Yaakov Hilda Birn High School

--
Private|Grades 10–12
1683 42nd St|0.36 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

In , 488 Ocean Pkwy benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Mevakshai Hashem

--
Private|Grades PK–8
550 Ocean Pkwy|Less than 1 Mile Away

J.H.S. 62 Ditmas

B
Public|Grades 6–8
700 Cortelyou Rd|Less than 1 Mile Away

Yeshiva Bonim Lamokom

--
Private|Grades UG–UG
425 E 9th St|Less than 1 Mile Away

P.S. K134 Brooklyn

A+
Public|Grades KG–5
4001 18th Ave|Less than 1 Mile Away

P.S. 179 The Kensington School

B+
Public|Grades KG–5
202 Avenue C|Less than 1 Mile Away

Machon Bais Yaakov Hilda Birn High School

--
Private|Grades 10–12
1683 42nd St|Less than 1 Mile Away

Bais Shifra

--
Private|Grades PK–5
1681 42nd St|Less than 1 Mile Away

Brooklyn Dreams Charter School

C
Public|Grades KG–8
259 Parkville Ave|Less than 1 Mile Away

Bnos Yerusmalayim

--
Private|Grades PK–12
600 McDonald Ave|Less than 1 Mile Away

P.S. 217 Colonel David Marcus School

B
Public|Grades KG–5
1100 Newkirk Ave|Less than 1 Mile Away

United Cerebral Palsy of New York City

--
Private|Grades PK–PK
175 Lawrence Ave|Less than 1 Mile Away

Bnos Yaakov

--
Private|Grades 9–12
622 Foster Ave|Less than 1 Mile Away

J.H.S. 223 Montauk

A
Public|Grades 6–8
4200 16th Ave|Less than 1 Mile Away

Urban Assembly School for Leadership and Empowerment

B+
Public|Grades 6–12
4200 16th Ave|Less than 1 Mile Away

Bais Yaakov D'Rav Meir High School

--
Private|Grades 9–12
98 Lawrence Ave|Less than 1 Mile Away

Bais Yaakov of 18th Ave

--
Private|Grades PK–8
4419 18th Ave|Less than 1 Mile Away

Beth Jacob Day School

--
Private|Grades PK–8
85 Parkville Ave|Less than 1 Mile Away

P.S. 139 Alexine A. Fenty School

B
Public|Grades PK–5
330 Rugby Rd|Less than 1 Mile Away

Yeshivat Shaare Torah Girls Elementary School

--
Private|Grades PK–8
222 Ocean Pkwy|Less than 1 Mile Away

Middle School 890

C
Public|Grades 6–8
21 Hinckley Pl|Less than 1 Mile Away

P.S. 889 Brooklyn

D
Public|Grades PK–KG
21 Hinckley Pl|Less than 1 Mile Away

Yeshiva Machzikei Hadas 2

--
Private|Grades 1–3
841 Ocean Pkwy|Less than 1 Mile Away

Lubavitcher School Chabad

--
Private|Grades PK–8
841 Ocean Pkwy|Less than 1 Mile Away

P.S. 192 The Magnet School For Math And Science Inquiry

A
Public|Grades PK–8
4715 18th Ave|Less than 1 Mile Away

Talmud Torah Ohel Yochanan

--
Private|Grades PK–8
1325 38th St|Less than 1 Mile Away

P.S. 164 Caesar Rodney

A
Public|Grades KG–5
4211 14th Ave|Less than 1 Mile Away

Mesivta Sholom Schachna

--
Private|Grades 9–12
129 Elmwood Ave|Less than 1 Mile Away

Viznitzer Chaider Tiferes Yisroel

--
Private|Grades PK–8
1416 43rd St|Less than 1 Mile Away

P.S. 230 Doris L. Cohen School

B-
Public|Grades KG–5
1 Albemarle Rd|Less than 1 Mile Away

United Talmudial Academy of Boro Park

--
Private|Grades 1–6
1275 36th St|Less than 1 Mile Away

Congregation Bnos Chaya

--
Private|Grades PK–5
4511 14th Ave|Less than 1 Mile Away

Yeshivah of Flatbush

--
Private|Grades PK–8
919 E 10th St|Less than 1 Mile Away

Middle School 839

C
Public|Grades 6–8
713 Caton Ave|Less than 1 Mile Away

Baisyaakov Secondary School

--
Private|Grades PK–8
1371 46th St|Less than 1 Mile Away

P.S. 245 Brooklyn

A-
Public|Grades 1–5
249 E 17th St|Less than 1 Mile Away

Brooklyn Prospect Charter School-Csd 15

A-
Public|Grades 8–12
3002 Fort Hamilton...|Less than 1 Mile Away

Brooklyn Prospect Charter School - Csd 15.2

--
Public|Grades 6–7
3002 Fort Hamilton...|Less than 1 Mile Away

Bais Yaakov Dgur High School

--
Private|Grades 9–12
1975 51st St|Less than 1 Mile Away

P.S. 130 The Parkside School

B-
Public|Grades KG–5
70 Ocean Pkwy|Less than 1 Mile Away

The Pathway Study Center Inc

--
Private|Grades 1–1
1305 Coney Island ...|Less than 1 Mile Away

Brooklyn College Academy

A-
Public|Grades 9–12
350 Coney Island A...|Less than 1 Mile Away

Brooklyn Seventh-Day Adventist School

--
Private|Grades PK–8
1260 Ocean Ave|Less than 1 Mile Away

Talmud Torah Imrei Chaim

--
Private|Grades PK–8
1824 53rd St|Less than 1 Mile Away

International Christian School

--
Private|Grades PK–12
312 Coney Island A...|Less than 1 Mile Away

Bais Esther School

--
Private|Grades PK–12
1353 50th St|Less than 1 Mile Away

Yeshiva Karlin Stolin

--
Private|Grades PK–12
1818 54th St|Less than 1 Mile Away

P.S. 249 The Caton School

A-
Public|Grades PK–5
18 Marlborough Rd|Less than 1 Mile Away

P.S. 121 Nelson A. Rockefeller School

A
Public|Grades KG–8
5301 20th Ave|Less than 1 Mile Away

Barkai Yeshivah

--
Private|Grades PK–8
5302 21st Ave|1.02 Miles Away

P.S. K315 Brooklyn

B-
Public|Grades KG–5
2310 Glenwood Rd|1.04 Miles Away

Transit

Situated in , 488 Ocean Pkwy offers convenient access to city-wide public transportation. Nearby Bus, Metro within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

11th Ave & 49th St

1.23 miles away|24 min walk

12 AV/CHESTER AV

0.78 miles away|16 min walk

12 AV/DAHILL RD

0.75 miles away|15 min walk

13 AV/37 ST

0.72 miles away|14 min walk

13 AV/39 ST

0.75 miles away|15 min walk

13 AV/41 ST

0.78 miles away|15 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in , 488 Ocean Pkwy offers convenient access to city-wide public transportation. Nearby Bus, Metro within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

11th Ave & 49th St

1.23 miles away|24 min walk

12 AV/CHESTER AV

0.78 miles away|16 min walk

12 AV/DAHILL RD

0.75 miles away|15 min walk

13 AV/37 ST

0.72 miles away|14 min walk

13 AV/39 ST

0.75 miles away|15 min walk

13 AV/41 ST

0.78 miles away|15 min walk

13 AV/43 ST

0.83 miles away|16 min walk

13 AV/45 ST

0.88 miles away|17 min walk

13 AV/47 ST

0.94 miles away|19 min walk

13 AV/49 ST

1.01 miles away|20 min walk

13 AV/50 ST

1.05 miles away|21 min walk

13 AV/52 ST

1.12 miles away|22 min walk

13 AV/54 ST

1.18 miles away|23 min walk

13 AV/56 ST

1.28 miles away|25 min walk

13 AV/71 ST

1.91 miles away|37 min walk

13 AV/73 ST

2 miles away|39 min walk

14 AV/39 ST

0.58 miles away|12 min walk

14 AV/41 ST

0.62 miles away|12 min walk

14 AV/44 ST

0.7 miles away|14 min walk

14 AV/47 ST

0.8 miles away|16 min walk

14 AV/50 ST

0.91 miles away|18 min walk

14 AV/53 ST

1.04 miles away|20 min walk

14 AV/56 ST

1.16 miles away|23 min walk

14 AV/CHURCH AV

0.56 miles away|11 min walk

15 ST/8 AV

1.82 miles away|35 min walk

15 St-Prospect Park

1.67 miles away|33 min walk

16 AV/ 42 ST

0.45 miles away|9 min walk

18 Av

0.51 miles away|10 min walk

18 AV/45 ST

0.53 miles away|11 min walk

18 AV/47 ST

0.58 miles away|12 min walk

18 AV/50 ST

0.73 miles away|14 min walk

18 AV/53 ST

0.88 miles away|17 min walk

18 AV/55 ST

0.97 miles away|19 min walk

18 AV/57 ST

1.06 miles away|21 min walk

18 AV/60 ST

1.24 miles away|24 min walk

18 AV/62 ST

1.32 miles away|26 min walk

18 AV/64 ST

1.42 miles away|28 min walk

18 AV/66 ST

1.53 miles away|30 min walk

18 AV/68 ST

1.63 miles away|32 min walk

18 AV/70 ST

1.73 miles away|34 min walk

18 AV/72 ST

1.82 miles away|35 min walk

18 AV/BAY RIDGE PKWY

1.97 miles away|38 min walk

18 AV/CONEY ISLAND AV

0.29 miles away|6 min walk

18 AV/E 2 ST

0.41 miles away|8 min walk

18 AV/E 3 ST

0.34 miles away|7 min walk

18 AV/E 5 ST

0.28 miles away|6 min walk

18 AV/E 8 ST

0.24 miles away|5 min walk

18 AV/McDONALD AV

0.46 miles away|9 min walk

18 AV/OCEAN PKWY

0.24 miles away|5 min walk

18th Ave & 50th St

0.73 miles away|14 min walk

The Neighbourhood: 488 Ocean Pkwy

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488 Ocean Pkwy Demographics

Age Demographics

0–14 Years

26.98%

15–29 Years

20.27%

30–44 Years

20.55%

45–59 Years

14.87%

60+ Years

17.33%

Commute

51.97%

Transit

10.63%

Walk

22.03%

Drive

1.59%

Bike

Housing Ownership

29.74%

Owner Occupied

70.26%

Rental Units

Household Types

Single Family
28.65%
Multi Family
17.04%
Single Person
27.3%
Multi Person
72.7%

Average Income

Household:$6,564,856.79 /yr

Individual:$3,300,361.26 /yr

Education

Bachelors Degree21.76%
High School College25.79%
Diploma5.73%
Post Graduate17.33%
Others29.39%
Next

Education

Diploma5.73%
Post Graduate17.33%
Others29.39%
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  2. /Brooklyn, NY
  3. /
    488 Ocean Pkwy
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