---
title: "71 Ocean Parkway #5N, New York City, NY 11218"
description: "71 Ocean Parkway #5N, New York City, NY 11218 — Windsor Terrace, New York City, NY. Listing Price $1,099,000. 2 bed, 1 bath, 1,300 sqft Illustrative Buyer Commission Share of $16,485 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/71-ocean-parkway-5n-ny-11218"
source: "Real Estate Rebate Team"
dateModified: "2026-10-08T14:14:20.692Z"
status: "Active"
---

# 71 Ocean Parkway #5N, New York City, NY 11218

Windsor Terrace, New York City, NY

Courtesy of Compass

Last updated: October 8, 2026, 10:14 AM

## At a Glance

- **Listing Price**: $1,099,000
- **Beds**: 2
- **Baths**: 1
- **Sqft**: 1,300
- **Common Charges**: $1,345 / mo
- **Price per Sqft**: $845
- **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**: $1,099,000
- **Illustrative Buyer Commission Share**: -$16,485*
- **Illustrative Net Cost**: $1,082,515

*Illustrative Buyer Savings of $16,485 — 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 (10)

![71 Ocean Parkway #5N, New York City, NY 11218 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/173ac3f9-0e0a-49a8-a6db-86c4a1bd6133.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b85439ca-233c-48b9-b889-9f4ee72ae9da.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4156b8d0-b0f3-4400-bb52-a1c21c4b3c98.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eb2c7efe-814e-490b-ad4f-b4c721c07520.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7dc5640c-cd8a-41e5-9743-52c512d58c17.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5074c297-e143-4ca2-92da-4b022af8942c.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6783ab51-47b8-469f-b32a-2c4b15acfead.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/329495a2-30fa-4a62-9677-829a157a548d.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f12d6ad3-4324-4e2f-b737-eaa07062e724.jpg)
![71 Ocean Parkway #5N, New York City, NY 11218 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61a3a3a0-7b4a-4248-baef-ec7835eb6fcb.jpg)

## Property Overview

This is the one you've been waiting for. Spanning approximately 1,300 square feet, Apt. 5N is a sprawling, sun-filled 2-bedroom, 1-bath pre-war co-op that delivers the space, light and quiet so hard to find in Brooklyn today.

Classic pre-war details set the tone throughout: original parquet floors, 9' ceilings, crown moldings, and graceful archways. Enter through a welcoming entry hall into a separate foyer, practically a room of its own, ideal for a dining table, reading nook or work-from-home setup. The foyer opens to a generous living and dining room with endless flexibility for how you choose to live and entertain.

The windowed eat-in kitchen brings in natural light, and a small home-office nook offers a dedicated spot to work. Both bedrooms are oversized, each easily fitting a King bed with room to spare for a desk, dresser, crib or sitting area. A windowed bathroom completes the home. Storage is truly exceptional, with six closets including a large walk-in pantry.

71 Ocean Parkway is an architecturally distinguished Art Deco building built in 1936, set behind a unique entry courtyard with lovely landscaping. This meticulously maintained, financially sound, pet-friendly co-op offers low maintenance and an excellent live-in super. Amenities include an elevator, an on-site gym, a central laundry room, bike storage, and general storage (waitlisted). A parking garage is right next door.

The location is just 1.5 blocks from Prospect Park and 3 blocks from the F/G trains at Fort Hamilton Parkway, with an express bus to Manhattan nearby. You're surrounded by parks, playgrounds and a dog park, along with the Prospect Park Tennis Center, the Parade Ground and Kensington Stables. Neighborhood favorites include Krupa Grocery, Adirondack Tavern, Elk Café, Brancaccio's Food Shop, Batata, Hamilton's, Della's, Double Windsor, Nitehawk Cinema, the Bartel-Pritchard Square Greenmarket, and much more.

## Property Details

- **Property Type**: Co-op
- **Beds**: 2
- **Baths**: 1
- **Rooms**: 5
- **Sqft**: 1,300 sqft
- **Stories**: 6
- **Year Built**: 1936
- **Price per Sqft**: $845
- **Common Charges**: $1,345 / Monthly
- **Listed On**: Oct 8, 2026
- **Days on Market**: 1 Days

### Residence Features

- Common On Floor
- Common Area

### Building Amenities

- Clubhouse

## Estimated Monthly Payment

**$6,902 / month**, assuming a 20% down payment ($219,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,557
- **Common Charges**: $1,345

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

17 apartments at 71 OCEAN Parkway have recorded sales since October 2021, the most recent for $1,075,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [4N](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/71-ocean-parkway-n-4N-ny-11218) (Apartment) | 3 | 1,300 | $1,075,000 | $827/ft² | September 8, 2026 | MLS |
| 2N (Apartment) | 3 | 1,350 | $1,150,000 | $852/ft² | June 18, 2026 | City record · MLS |
| 6N (Apartment) | 2 | 1,350 | $1,125,000 | $833/ft² | April 6, 2026 | City record · MLS |
| 3B (Apartment) | — | — | $600,000 | — | March 26, 2026 | City record |
| 4E (Apartment) | — | — | $170,000 | — | January 22, 2026 | City record |
| 4A (Apartment) | — | — | $595,000 | — | June 4, 2025 | City record |
| 4M (Apartment) | 3 | — | $1,250,000 | — | April 18, 2025 | City record · MLS |
| 6A (Apartment) | — | — | $590,000 | — | January 30, 2025 | City record |
| 2J (Apartment) | 1 | — | $599,000 | — | December 16, 2024 | City record · MLS |
| 3-F (Apartment) | 1 | 930 | $625,000 | $672/ft² | September 20, 2024 | City record · MLS |
| 5G (Apartment) | — | — | $575,000 | — | August 20, 2024 | City record |
| 3A (Apartment) | — | — | $535,000 | — | May 17, 2023 | City record |
| 3K (Apartment) | 3 | — | $1,125,000 | — | June 22, 2022 | City record · MLS |
| 4J (Apartment) | — | — | $550,000 | — | June 16, 2022 | City record |
| 4K (Apartment) | — | — | $695,000 | — | April 5, 2022 | City record |
| 2H (Apartment) | — | — | $680,000 | — | January 10, 2022 | City record |
| 5J (Apartment) | — | — | $530,000 | — | October 21, 2021 | 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

- **This home**: $1,099,000
- **Median sold price**: $825,500
- **Difference**: +$273,500 (+33.1%)
- **This home, $/ft²**: $845
- **Comparable sales**: 15
- **Sales from**: December 2024 – June 2026
- **Middle half of those sales**: $790,000 – $892,500

Based on co-op two-bedroom sales in Windsor Terrace.

Square footage is recorded for only 5 of these 15 sales (33%), 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.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Windsor Terrace instead.

### How these sales were negotiated

- **Sale-to-list price**: 100% (15 sales)
- **Sold below asking**: 20% (15 sales)
- **Typical time to find a buyer**: 31 days (15 sales)
- **Typical time to close**: 85 days (15 sales)

Based on co-op two-bedroom sales in Windsor Terrace with the required listing and closing data. Sample sizes vary by metric.

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.

Sales data through September 2026.

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 71 OCEAN Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/71-ocean-parkway)

## Price and Property History for 71 Ocean Parkway, Unit 5N

Review the recorded listing activity for 71 Ocean Parkway, Unit 5N, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $872,500 on October 30, 2020

| Date | Price | Listing event |
| --- | --- | --- |
| October 8, 2026 | $1,099,000 | Listed for sale by Compass |
| October 30, 2020 | $872,500 | Sold — recorded sale price |
| May 25, 2020 | $895,000 | Entered contract |
| February 27, 2020 | $895,000 | Listed for sale by Compass |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 76 apartments. The corporation’s 2026 property tax bill was $262,258 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 71 OCEAN Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/71-ocean-parkway)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 71 OCEAN Parkway

Windsor Terrace · Stock Cooperative

71 OCEAN Parkway, Brooklyn, NY 11218

A building in Windsor Terrace, currently featuring 1 active listing.

- **Year Built**: 1934
- **Active Units**: 1
- **Floors**: 6

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/71-ocean-parkway)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5N](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/71-ocean-parkway-5n-ny-11218) | 2 | 1 | 1,300 sqft | $845 | $1,099,000 | Compass | Oct 8, 2026 | 1 days |
| [A-1](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/71-ocean-parkway-a-1-A1-ny-11218) | 2 | 1 | 1,050 sqft | $852 | $895,000 (-4.8%) — In contract | Weichert Properties | Jan 20, 2026 | 262 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4N](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11218/71-ocean-parkway-n-4N-ny-11218) | 3 | 1 | 1,300 sqft | $827 | $1,075,000 | Compass | May 7, 2026 | Sep 8, 2026 |

## Windsor Terrace

Overview of Windsor Terrace

[Explore Windsor Terrace](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Windsor Terrace

- [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)
- [Kensington real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington)
- [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush)
- [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope)

## Related Links

- [71 OCEAN Parkway — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/71-ocean-parkway)
- [Windsor Terrace neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace)
- [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.
