--- title: "280 OCEAN Parkway #5L, New York City, NY 11218" description: "280 OCEAN Parkway #5L, New York City, NY 11218 — Kensington, New York City, NY. Listing Price $525,000. 1 bed, 1 bath, 1,000 sqft Illustrative Buyer Commission Share of $7,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/280-ocean-parkway-5l-ny-11218" source: "Real Estate Rebate Team" dateModified: "2026-09-08T18:16:29.644Z" status: "Active" --- # 280 OCEAN Parkway #5L, New York City, NY 11218 Kensington, New York City, NY Courtesy of Corcoran Group Last updated: September 8, 2026, 2:16 PM ## At a Glance - **Listing Price**: $525,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 1,000 - **Common Charges**: $817 / mo - **Price per Sqft**: $525 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $525,000 - **Illustrative Buyer Commission Share**: -$7,875* - **Illustrative Net Cost**: $517,125 *Illustrative Buyer Savings of $7,875 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (8) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d7a6b988-7fa7-4912-b237-b06e278ef5ef.jpg) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d2267f2c-f0dc-4883-bc69-1a995821bbe6.jpg) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/08d4563a-b42c-42b5-b6d6-251bbef802f2.jpg) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/76078460-6fe1-43a4-bb75-c83921c5496a.jpg) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3f2cf6d9-1301-4b59-b15e-0264a80791f4.jpg) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9c597ffb-6fee-4726-bf6f-d2c6c4f1ce24.jpg) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ca05264c-1952-4045-8180-83165cd54b32.jpg) ![280 OCEAN Parkway #5L, New York City, NY 11218 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c836fae0-5ba5-42d7-8354-e544e6bdd159.jpg) ## Property Overview Discover the blend of pre-war character and tasteful updates in this generously proportioned one-bedroom, set along the tranquil, tree-lined Ocean Parkway. Inside, 9-foot ceilings and a tree-lined view provide a relaxing feel. The kitchen, renovated just a couple of years ago and beautifully maintained, features stainless steel appliances and thoughtful detailing. The windowed bathroom offers serene tile work and a deep soaking tub. The bedroom faces east, so it gets the morning light and stays cooler in the afternoon. It fits a king bed with more than ample room to walk around it, and it has two large closets. What the photos will not tell you is how the light warmly moves through the living room late in the day. With Prospect Park just 2 blocks away, this meticulously maintained building offers a range of amenities, including two bike rooms, a dedicated live-in superintendent, and lovely landscaped grounds. Located just two blocks from Prospect Park, with easy access to its trails, open lawns, and greenery. Commuting to Manhattan is effortless, with the F, Q, and B trains all close at hand. With low maintenance covering heat, water, and cooking gas included, the only utility you'll pay separately is electricity. FHA loans are permitted. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 1,000 sqft - **Stories**: 6 - **Year Built**: 1941 - **Price per Sqft**: $525 - **Common Charges**: $817 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Building Other ## Sales Evidence ### Recent closed sales 13 apartments at 280 Ocean Parkway have recorded sales since September 2021, the most recent for $440,000 in April 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1S (Apartment) | 1 | — | $440,000 | — | April 20, 2026 | City record · MLS | | 6C (Apartment) | — | — | $889,000 | — | December 22, 2025 | City record | | 5S (Apartment) | 1 | — | $420,000 | — | June 17, 2025 | City record · MLS | | 2V (Apartment) | 1 | 750 | $420,000 | $560/ft² | March 20, 2025 | City record · MLS | | 6N (Apartment) | 1 | — | $435,000 | — | December 9, 2024 | City record · MLS | | 2E (Apartment) | — | — | $655,000 | — | August 12, 2024 | City record | | 6L (Apartment) | 1 | — | $527,000 | — | August 12, 2024 | City record · MLS | | 4E (Apartment) | — | — | $653,000 | — | February 29, 2024 | City record | | 6-T (Apartment) | 2 | — | $720,000 | — | August 22, 2023 | City record · MLS | | 4-S (Apartment) | 1 | — | $322,500 | — | July 5, 2023 | City record · MLS | | 6H (Apartment) | — | — | $649,000 | — | July 26, 2022 | City record | | 6-N (Apartment) | 1 | — | $385,000 | — | June 15, 2022 | City record · MLS | | 5B (Apartment) | — | — | $385,000 | — | February 23, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable one-bedroom sales at 280 Ocean Parkway is $420,000, based on 7 sales between June 2022 and April 2026. This home is asking $525,000, $105,000 above that median. The middle half of those sales closed between $402,500 and $437,500. - **Median closed price**: $420,000 - **Middle half**: $402,500 – $437,500 - **Based on**: 7 one-bedroom sales at 280 Ocean Parkway - **Period**: June 2022 – April 2026 Square footage is recorded for only 1 of these 7 sales (14%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 4 of these sales with a published asking price, the median closed at 103.8% of what it originally asked. 25% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 103.8% of the original ask - **Closed below ask**: 25% of 4 sales - **Listed → in contract**: 41 days (about 6 weeks) - **In contract → closed**: 80 days (about 11 weeks) Across the 4 of these sales with a published asking price, the median closed at 103.8% of what it originally asked. 25% of them closed below the original ask. Half of these homes were in contract within 41 days (about 6 weeks) of coming to market, based on the 7 with a recorded listing date. Once a deal was agreed, closing took a further 80 days (about 11 weeks), based on the 7 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 7 one-bedroom sales at 280 Ocean Parkway, June 2022 – April 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op one-bedroom sales in Kensington, 2016 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $405,500 | 10 | | 2017 | $445,000 | 18 | | 2018 | $436,100 | 27 | | 2019 | $465,000 | 11 | | 2020 | $460,000 | 17 | | 2021 | $400,000 | 39 | | 2022 | $438,000 | 33 | | 2023 | $485,000 | 19 | | 2024 | $432,000 | 26 | | 2025 | $420,000 | 28 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Kensington instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 280 Ocean Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/280-ocean-parkway) ## Price and Property History for 280 OCEAN Parkway, Unit 5L Review the recorded listing activity for 280 OCEAN Parkway, Unit 5L, including asking-price changes and prior market dates. - **Last sold (recorded)**: $467,000 on February 20, 2018 | Date | Price | Listing event | | --- | --- | --- | | February 20, 2018 | $467,000 | Sold — recorded sale price | | December 18, 2017 | $467,000 | Asking price increased by $8,000, or 1.7% | | November 7, 2017 | $459,000 | Listed for sale by The Corcoran Group | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 114 apartments. The corporation’s 2026 property tax bill was $493,450 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 280 Ocean Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/280-ocean-parkway) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 280 Ocean Parkway Kensington · Stock Cooperative 280 Ocean Parkway, Brooklyn, NY 11218 A building in Kensington, currently featuring 1 active listing. - **Year Built**: 1941 - **Total Units**: 1 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/280-ocean-parkway) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5L](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/280-ocean-parkway-5l-ny-11218) | 1 | 1 | 1,000 sqft | $525 | $525,000 | Corcoran Group | Sep 8, 2026 | 1 days | ## Estimated Monthly Payment **$3,472 / month**, assuming a 20% down payment ($105,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,655 - **Common Charges**: $817 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Kensington Overview of Kensington [Explore Kensington](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Kensington - [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) - [Borough Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/borough-park) - [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace) - [Midwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) ## Related Links - [280 Ocean Parkway — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/280-ocean-parkway) - [Kensington neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.