


488 Ocean Parkway #5E, Brooklyn, NY 11218
$499,000
2
Beds
1
Bath
850
Sq Ft
Co-op
Pending
Listed by
Oleg Polonsky
Douglas Elliman Real Estate
Last updated:
May 21, 2026, 07:15 PM
MLS#
RLS20070520
Source:
NY REBNY
About This Home
This converted 2 bedroom apartment with a smart layout is in excellent condition, with a large living room, a spacious bedroom, a smaller 2nd bedroom, a new kitchen with a separate windowed dining room and a large foyer. The kitchen is in great shape: with white shaker cabinets, stainless appliances including a dishwasher & microwave, abundant quartz counters and also features a window with ample natural light from the eastern exposure and subway backsplash. The kitchen has been opened up a bit for a more natural flow into the separate dining space that also has an eastern facing window. The apartment boasts impressive, high end built-ins made with antique, repurposed wood, including a state-of-the-art home office: forget about cluttered cables and take your productivity to a higher level.
This high floor unit brings in plenty of natural light any time of day from its eastern and treetop western views. Layouts like this one are rare.
The bathroom offers neutral finishes, with subway tile shower surround, reglazed tub, a new vanity and fixtures. The main bedroom showers in natural light and can fit a king-sized bed. The current owners added a tasteful wall of closets there, in addition to the two existing ones, for all of your storage needs. There are hardwood floors throughout, and the closet space can't be beat. The condition and cleanliness of this apartment are such that you can literally open the entrance door, bring in your furniture and start enjoying it from day one. It is truly a rare find.
This well-maintained elevator building has strong financials and a high owner occupancy, live-in super, central laundry, bike room, additional storage (waitlisted), and a a waitlisted indoor garage.
Location is unbeatable: Prime Kensington, with quick access to the ever changing shopping and dining landscapes of Cortelyou Corridor. Prospect Park is way within reach and you are minutes from Q train on Cortelyou Road, F train Ditmas Avenue stop, and Express Buses to Manhattan. This building is cat friendly, sorry no dogs (registered ESA and Service Animals are excluded from this restriction). Flip tax is $4.25 per share, paid by the seller. There are no assessments at this time. Don't be left behind: schedule your viewing today or visit the next open house.
Home Facts
Co-op
1 Bath
2 Bedrooms
Built in 1958
Price Summary
499,000
$587 per Sq. Ft.
MLS #:
RLS20070520
Last Updated:
May 21, 2026, 07:15 PM
Added:
3 month(s) ago
Rooms & Interior
Bedrooms
Total Bedrooms:
2
Bathrooms
Total Bathrooms:
1
Full Bathrooms:
1
Interior
Living Area:
850 Sq. Ft.
Structure
Structure
Building Area:
850 Sq. Ft.
Year Built:
1958
Finances & Disclosures
Price:
$499,000
Price per Sq. Ft:
$587 per Sq. Ft.
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Contact an Agent
Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.
If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.