--- title: "309 Ocean Parkway #4F, New York City, NY 11218" description: "309 Ocean Parkway #4F, New York City, NY 11218 — Kensington, New York City, NY. Last Sold Price $690,000. Sold on 8/18/2026. 2 bed, 2 bath, 815 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/309-ocean-parkway-f-4F-ny-11218" source: "Real Estate Rebate Team" status: "Closed" --- # 309 Ocean Parkway #4F, New York City, NY 11218 Kensington, New York City, NY Courtesy of Compass ## At a Glance - **Last Sold Price**: $690,000 - **Status**: Sold on 8/18/2026 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 815 - **Common Charges**: $525 / mo - **Monthly Taxes**: $962 / mo - **Price per Sqft**: $847 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (10) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f6aef74-198f-46da-9a9b-0894d2cd2920.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb2ffeaa-c7c9-45d2-aaf6-5cd52ac204af.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/02067670-40f8-47e1-ae63-5b0f87005831.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7b36bd86-735b-44e4-8236-44a23c1efc3d.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d5fa847-b129-404c-bfe6-50cee8caba3c.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d768fe86-cb8b-4a6d-abd4-09b168a401c8.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a7627ad-a083-419b-b888-ed59bae3183c.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/724faca4-de9d-45ab-b997-adcf73c27b44.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/428949d8-fabb-43bb-9e77-d76b863e39b3.jpg) ![309 Ocean Parkway #4F, New York City, NY 11218 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8fda049d-2736-47ad-93ab-4877935bc4bd.jpg) ## Property Overview Welcome to Cypress Condominium, a modern, boutique 8-floor development built in 2019. Nestled on the tree lined access road off Ocean Parkway, this unique 2-bedroom, 2-bathroom apartment offers an exquisite blend of style, comfort, and convenience. It is the first 2 bedroom resale in the building so no additional developer related costs at the closing table. Deeded storage room with full door that has a lock. Upon entering, you are greeted by an expansive 24 ft. living and dining area flooded by sunlight from the floor-to-ceiling windows, which offer a serene view of the tree-lined parkway. The living space accommodates a three-person sofa opposite an entertainment system, seamlessly flowing into the dining area which fits a 4 person table. The open kitchen is a culinary delight, featuring sleek white acrylic and wood veneer cabinets alongside full-sized, stainless steel appliances from Samsung and Beko, making it perfect for entertaining. The primary bedroom is a spacious retreat, comfortably fitting a king-sized bed and dressing table, while the second bedroom is versatile, ideal for a queen-sized bed or an excellent work-from-home setup. Both rooms are enhanced by large windows with remote-controlled shades, providing privacy and managing the abundant natural light from the western exposure. Effortlessly maintain the perfect climate with the 2-zoned central air system, and enjoy the convenience of an in-unit washer/dryer. Each bathroom is a spa-like sanctuary with radiant heated grey matte porcelain floor tiles. The primary bath boasts a large stand-up shower with a rain head, while the second bathroom features a deep soaking tub, both equipped with Hansgrohe Metris faucets and illuminated mirror vanities. The apartment has a deeded storage room, one of the few in the building. There is no parking in the building. Street parking only. The Cypress Condominium doesn't just stop at your doorstep; it features a range of amenities, including a fitness room, bike room and a common rooftop offering panoramic views stretching to Manhattan. Enjoy the security of a modern lobby with a waiting area and a 10-inch intercom screen with a camera security system for common areas, all viewable from the additional app on your phone. Perfectly situated, you’ll find easy access to F/G and Q subways, express buses, and an array of local dining options like George's Diner, Lea Italian, Punjab Restaurant, and Mexico Diner, all just a short distance away. Experience modern living with this thoughtfully designed home at the Cypress Condominium. Some photos have been virtually staged. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 815 sqft - **Stories**: 8 - **Year Built**: 2016 - **Price per Sqft**: $847 - **Common Charges**: $525 / Monthly - **Monthly Taxes**: $962 / mo - **Listed On**: Apr 17, 2026 - **Days on Market**: 149 Days ### Residence Features - Central Air - Central - Common On Floor - Common Area - In Unit - Building Roof Deck - Granite Counters - Recessed Lighting - Soaking Tub - Cooktop - Dishwasher - Gas Cooktop - Gas Oven - Refrigerator - Range Hood - Stainless Steel Appliance(s) - Hardwood - Security System - Double Pane Windows - Window Treatments ## Sales Evidence ### Recent closed sales 4 apartments at 309 Ocean Parkway have recorded sales since September 2021, the most recent for $690,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 4F (Apartment) | 2 | 815 | $690,000 | $847/ft² | August 18, 2026 | MLS | | Entire property (Multi Family) | 3 | — | $1,700,000 | — | December 17, 2025 | MLS | | 1R (Apartment) | 1 | 1,000 | $650,000 | $650/ft² | May 13, 2025 | City record · MLS | | Entire property (Single Family Residence) | 5 | 2,500 | $1,850,000 | $740/ft² | December 16, 2021 | MLS | 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 condo two-bedroom sales in Kensington is $864,494, based on 23 sales between December 2024 and June 2026. This home is asking $690,000, $174,494 below that median. The middle half of those sales closed between $814,791 and $912,809. - **Median closed price**: $864,494 - **Middle half**: $814,791 – $912,809 - **Based on**: 23 condo two-bedroom sales in Kensington - **Period**: December 2024 – June 2026 - **Median $/ft²**: $1,004/ft² Across the 23 of these sales with a published asking price, the median closed at 101.8% of what it originally asked. 26% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Kensington instead. ### How these sales were negotiated - **Sold vs original ask**: 101.8% of the original ask - **Closed below ask**: 26% of 23 sales - **Listed → in contract**: 43 days (about 6 weeks) - **In contract → closed**: 67 days (about 10 weeks) Across the 23 of these sales with a published asking price, the median closed at 101.8% of what it originally asked. 26% of them closed below the original ask. Half of these homes were in contract within 43 days (about 6 weeks) of coming to market, based on the 23 with a recorded listing date. Once a deal was agreed, closing took a further 67 days (about 10 weeks), based on the 23 with both dates recorded. 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 23 condo two-bedroom sales in Kensington, December 2024 – June 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 condo and house two-bedroom sales in Kensington, 2019 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 | | --- | --- | --- | | 2019 | $753,505 | 19 | | 2024 | $745,868 | 12 | | 2025 | $867,247 | 18 | 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 309 Ocean Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/309-ocean-parkway) ## Price and Property History for 309 Ocean Parkway, Unit 4F Review the recorded listing activity for 309 Ocean Parkway, Unit 4F, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $9,000, or 1.3%, on August 18, 2026 - **Originally listed**: April 17, 2026 at $699,000 - **Last sold**: $690,000 on August 18, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 18, 2026 | $690,000 | Sold | | August 18, 2026 | $690,000 | Asking price reduced by $9,000, or 1.3% | | June 30, 2026 | $699,000 | Entered contract | | April 17, 2026 | $699,000 | Listed for sale by Compass | | February 19, 2021 | $763,688 | Sold — recorded sale price | | June 17, 2019 | $735,000 | Entered contract | | February 3, 2019 | $735,000 | Listed for sale by The Corcoran Group | ## Property Tax History Taxes at 309 Ocean Parkway #4F were $11,416 in 2026, down 1.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $110,459 | $12,018 | $98,441 | $91,329 | $11,416 | 12.5% (estimated) | | 2025 (FY 2025/26) | $106,436 | $12,018 | $94,418 | $92,336 | $11,542 | 12.5% (estimated) | | 2024 (FY 2024/25) | $105,054 | $12,018 | $93,036 | $90,266 | $11,283 | 12.5% | | 2023 (FY 2023/24) | $102,658 | $12,018 | $90,640 | $92,033 | $11,506 | 12.502% | | 2022 (FY 2022/23) | $98,872 | $12,018 | $86,854 | $94,694 | $11,616 | 12.267% | | 2021 (FY 2021/22) | $96,089 | $12,018 | $84,071 | $92,189 | $11,279 | 12.235% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3053581106. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 309 Ocean Parkway Kensington · Condominium 309 Ocean Parkway, Brooklyn, NY 11218 A building in Kensington, currently featuring 1 active listing. - **Year Built**: 2016 - **Total Units**: 1 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/309-ocean-parkway) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [4F](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/309-ocean-parkway-f-4F-ny-11218) | 2 | 2 | 815 sqft | $847 | $690,000 (-1.3%) | Compass | Apr 17, 2026 | 149 days | ## Estimated Monthly Payment **$4,976 / month**, assuming a 20% down payment ($138,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,489 - **Property Taxes**: $962 - **Common Charges**: $525 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 - [309 Ocean Parkway — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/309-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.