--- title: "525 OCEAN Parkway #4A, Brooklyn, NY 11218" description: "525 OCEAN Parkway #4A, Brooklyn, NY 11218 — NYC real estate listing on Real Estate Rebate Team. Priced at $599,000. Est. potential buyer savings up to $14,975 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/525-ocean-parkway-a-4A-ny-11218" source: "Real Estate Rebate Team" --- # 525 OCEAN Parkway #4A, Brooklyn, NY 11218 > **Listing Courtesy of:** Douglas Elliman Real Estate ## Description Prime Kensington opportunity at 525 Ocean Parkway! This spacious two-bedroom co-op with a private balcony offers a bright, comfortable layout and tasteful updates throughout. Enter into a proper foyer with a coat closet that leads to a spacious dining area and an oversized living room with direct access to a balcony large enough for a seating or dining setup. The windowed eat-in kitchen offers generous counter space, stainless steel appliances that include a dishwasher, and abundant cabinetry. The bathroom has been updated and features a brand-new mirrored medicine cabinet, a vanity, and a full tub with shower. Most lighting throughout the apartment has been upgraded to energy-efficient LED fixtures. The king-size primary bedroom benefits from western light, while the second bedroom enjoys both northern and western exposures. Closet space is excellent, and hardwood floors run throughout the home. The apartment has been freshly painted and is ready for its next owner. 3 functioning A/C units are included with the purchase. If you are a fan of sunsets, 5K is your place to enjoy them! 525 Ocean Parkway is a professionally managed elevator building with a live-in super and porter, a first-floor laundry room, and waitlisted parking for $175 per month. Cats and dogs are allowed with prior approval. Unlimited subletting is permitted after two years of ownership. Reasonable maintenance includes real estate taxes and all utilities except electricity. Located just a block from Cortelyou Road at the crossroads of Kensington and Ditmas Park, you'll be moments from popular cafés, dining, and conveniences. Transportation is easy with the Q and F trains nearby, as well as an express bus stop on Cortelyou. The flip tax is $40 per share, payable by the buyer. Also, there is a $1,000 transfer fee payable by the buyer and a $1,000 transfer fee payable by the seller. If you're searching for a place to call home in one of Brooklyn's most established neighborhoods, Apartment 4A is ready to welcome you. ## Property Details - **Price**: $599,000 - **Potential Buyer Rebate**: $14,975 - **Bedrooms**: 2 - **Bathrooms**: 1 - **Property Type**: Residential - **Year Built**: 1963 - **Building**: 525 OCEAN Parkway - **Neighbourhood**: Kensington - **Area / Borough**: Brooklyn - **Subdivision**: Kensington - **Listing Office**: Douglas Elliman Real Estate - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$14,975** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/525-ocean-parkway) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/kensington) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > 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.