--- title: "1250 OCEAN Parkway #5A, New York City, NY 11230" description: "1250 OCEAN Parkway #5A, New York City, NY 11230 — Midwood, New York City, NY. Listing Price $245,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $3,675 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/1250-ocean-parkway-5a-ny-11230" source: "Real Estate Rebate Team" dateModified: "2026-10-15T10:18:58.467Z" status: "Active" --- # 1250 OCEAN Parkway #5A, New York City, NY 11230 Midwood, New York City, NY Courtesy of Douglas Elliman Real Estate Last updated: October 15, 2026, 6:18 AM ## At a Glance - **Listing Price**: $245,000 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $578 / mo - **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**: $245,000 - **Illustrative Buyer Commission Share**: -$3,675* - **Illustrative Net Cost**: $241,325 *Illustrative Buyer Savings of $3,675 — 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) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f998ada-ca3c-4c66-bcf9-350eda69721f.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc926389-6bfa-44f8-bf83-76017ab1ac03.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/842bfef6-1abb-4523-9410-97f2adb55751.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70faa524-db2b-4771-afcb-1306131e1842.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fc27ff81-f1a9-4efd-ab72-7ccbb8b2444a.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/714750ee-e90c-4e7d-928c-590e84e174cd.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/23847b65-283b-4e52-b40c-a8754ffe6584.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/510623aa-9e1b-44cb-8a03-a2407b7a1f44.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6588dabf-9903-4bdd-aa6c-f4d29f03424a.jpg) ![1250 OCEAN Parkway #5A, New York City, NY 11230 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/689b8146-6b05-439c-a3d9-047ed57c51d9.jpg) ## Property Overview SPACIOUS STUDIO CURRENTLY CONFIGURED AS A ONE-BEDROOM - PRIME MIDWOOD Welcome to 1250 Ocean Parkway, a well-maintained cooperative ideally situated along the Ocean Parkway service road between Avenues L and M. Legally a studio, this spacious apartment is currently configured as a one-bedroom, with a wall added to create a separate sleeping area, providing the privacy and functionality of a one-bedroom-style layout. The apartment offers generous proportions, hardwood floors throughout, a windowed kitchen, windowed bathroom, and good closet space. The current configuration creates clearly defined living and sleeping areas while still offering the flexibility to reimagine the space to suit your needs. Set back from the main roadway and buffered by Ocean Parkway's beautiful tree-lined median, the building enjoys a pleasant residential setting with convenient entrances from both Ocean Parkway and East 5th Street. Building amenities include a part-time doorman from Friday evening through Saturday evening for Shabbat, a live-in porter, two renovated laundry rooms with updated machines, a library, bike storage, a spacious landscaped common outdoor patio, updated security cameras, and indoor garage parking available by waitlist. The cooperative is 100% owner-occupied and maintains solid financials. Monthly maintenance is $578.29 and includes heat and cooking gas, with a current additional monthly assessment of $109.48. Subletting is not permitted, and the building does not allow pets. A flip tax of $2.00 per share, based on 644 shares, is payable by the seller. Conveniently located near the shopping, dining, and everyday conveniences of Avenue M, with access to the F, B, and Q subway lines, this apartment offers an appealing combination of space, flexibility, and location. For a buyer looking for a generously sized home with the feel and functionality of a one-bedroom at a studio price point, this is an excellent opportunity in a desirable Midwood cooperative.. PHOTO ARE VIRTUALLY STAGED ## Property Details - **Property Type**: Co-op - **Baths**: 1 - **Rooms**: 3 - **Stories**: 6 - **Year Built**: 1956 - **Common Charges**: $578 / Monthly - **Listed On**: Oct 15, 2026 - **Days on Market**: 1 Days ### Residence Features - Window Unit(s) - Building Other - Private Outdoor Space Over 60 Sqft - Skyline ## Estimated Monthly Payment **$1,817 / month**, assuming a 20% down payment ($49,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,239 - **Common Charges**: $578 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 15 apartments at 1250 OCEAN Parkway have recorded sales since October 2021, the most recent for $257,000 in December 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 4T (Apartment) | — | — | $257,000 | — | December 16, 2025 | City record | | 1J (Apartment) | — | — | $215,000 | — | November 5, 2025 | City record | | 2ST (Apartment) | 2 | 1,325 | $405,000 | $306/ft² | November 4, 2025 | City record · MLS | | 1S/1T (Apartment) | 2 | — | $425,000 | — | June 23, 2025 | City record · MLS | | 4-D (Apartment) | 1 | 765 | $285,000 | $373/ft² | June 12, 2025 | City record · MLS | | 4L (Apartment) | — | — | $265,000 | — | March 26, 2025 | City record | | 1N (Apartment) | Studio | 500 | $180,000 | $360/ft² | October 8, 2024 | City record · MLS | | 2C (Apartment) | — | — | $260,000 | — | June 3, 2024 | City record | | 4K (Apartment) | — | — | $402,000 | — | May 16, 2024 | City record | | 3J (Apartment) | 1 | 800 | $250,000 | $313/ft² | May 2, 2024 | City record · MLS | | 1L (Apartment) | — | — | $250,000 | — | February 13, 2024 | City record | | 4C (Apartment) | 1 | 840 | $265,000 | $315/ft² | September 28, 2023 | City record · MLS | | 6G (Apartment) | — | — | $240,000 | — | September 26, 2023 | City record | | 4N (Apartment) | Studio | — | $175,000 | — | August 18, 2022 | City record · MLS | | 3B (Apartment) | 2 | 1,172 | $485,000 | $414/ft² | August 10, 2022 | City record · 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 - **This home**: $245,000 - **Median sold price**: $270,000 - **Difference**: -$25,000 (-9.3%) - **Comparable sales**: 3 - **Sales from**: August 2025 – July 2026 - **Middle half of those sales**: $237,921 – $282,500 Based on co-op studio sales in Midwood. Square footage is recorded for only 0 of these 3 sales (0%), 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 Midwood instead. ### How these sales were negotiated - **Sale-to-list price**: 102.9% (3 sales) - **Sold below asking**: 0% (3 sales) - **Typical time to find a buyer**: 35 days (3 sales) - **Typical time to close**: 88 days (3 sales) Based on co-op studio sales in Midwood 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 July 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 1250 OCEAN Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1250-ocean-parkway) ## Price and Property History for 1250 OCEAN Parkway, Unit 5A Review the recorded listing activity for 1250 OCEAN Parkway, Unit 5A, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | October 15, 2026 | $245,000 | Listed for sale by Douglas Elliman Real Estate | | January 26, 2018 | — | Sold | | November 24, 2017 | $181,000 | Entered contract | | September 28, 2017 | $181,000 | Asking price reduced by $7,888, or 4.2% | | April 18, 2017 | $181,000 | Listed for sale by Keller Williams Realty Empire | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 95 apartments. The corporation’s 2026 property tax bill was $399,672 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 1250 OCEAN Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1250-ocean-parkway) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1250 OCEAN Parkway 1250 OCEAN Parkway, Brooklyn, NY 11230 A building in the neighborhood, currently featuring 2 active listings. - **Year Built**: 1956 - **Active Units**: 2 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1250-ocean-parkway) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/1250-ocean-parkway-5a-ny-11230) | Studio | 1 | — | — | $245,000 | Douglas Elliman Real Estate | Oct 15, 2026 | 1 days | | [2L](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/1250-ocean-parkway-2l-ny-11230) | 1 | 1 | — | — | $279,000 | Douglas Elliman Real Estate | Oct 10, 2026 | 6 days | | [3H](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11230/1250-ocean-parkway-3h-ny-11230) | 3 | 2 | — | — | $525,000 — In contract | Douglas Elliman Real Estate | Jul 23, 2026 | 85 days | ## Midwood Overview of Midwood [Explore Midwood](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Midwood - [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) - [Marine Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/marine-park) - [Kensington real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/kensington) - [Flatlands real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatlands) - [Borough Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/borough-park) - [Sheepshead Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/sheepshead-bay) ## Related Links - [1250 OCEAN Parkway — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1250-ocean-parkway) - [Midwood neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/midwood) - [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.