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Boutique prewar elevator co-op in Kensington with classic details, updated kitchens, and proximity to Prospect Park and multiple subway lines. Investor-friendly building permits day 1 subletting with heat, hot water, gas, and taxes included in maintenance. Currently, 1 apartment is for sale.
510 Ocean Parkway is a boutique style prewar elevator co-op in Kensington, Brooklyn, situated on a tree lined stretch of Ocean Parkway within walking distance of Prospect Park. The building features a restored lobby, laundry room, bike storage, and a storage facility available for an additional fee. Notably, the building is investor friendly and permits subletting on day 1, with quick board approval and heat, hot water, gas, and real estate taxes included in the maintenance.
Apartments throughout the building share common prewar characteristics including soaring ceilings, hardwood flooring, and generous proportions. Most units feature open floor layouts with king sized bedrooms, ample closet space, and bright exposures with oversized windows. Kitchens have been updated with stainless steel appliances including dishwashers, custom cabinetry, and in some cases stone countertops or tile backsplashes. Bathrooms are fitted with tubs, modern fixtures, and subway or decorative tiling. Many units include through the wall air conditioning slots or ceiling fans.
The building's Kensington location provides convenient access to the F train at Ditmas Avenue and the B/Q trains at Cortelyou Road, placing residents less than 30 minutes from Downtown Manhattan. The neighborhood offers a dynamic dining and shopping scene along Ditmas Avenue and Cortelyou Road, including the Cortelyou GreenMarket, Farm on Adderley, and Flatbush Food Co-op. The building requires specific lenders and loans for financing and maintains a no pets policy.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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