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Printed from StreetEasy.com at 11:42 PM, Jan 18 2026

540 Ocean Parkway #5I

Located at 540 Ocean Parkway 540 Ocean Parkway, #5I, Brooklyn, NY Co-op in Kensington, Brooklyn
This unit is not currently listed on StreetEasy Other units available in this building: 3 active sales listings
3 beds, 2 baths, 1,350 ft²

Introducing an exceptional opportunity to own the most budget-friendly 3-bedroom, 2-full bathroom unit with a terrace in the heart of Kensington! This recently renovated sponsor unit, requiring no board approval, is nestled within a meticulously maintained co-op building.

Introducing an exceptional opportunity to own the most budget-friendly 3-bedroom, 2-full bathroom unit with a terrace in the heart of Kensington! This recently renovated sponsor unit, requiring no board approval, is nestled within a meticulously maintained co-op building.

Upon entering, you’re greeted by a spacious entryway and foyer featuring an expansive closet for convenient storage. The generous living/dining room area boasts spotlights and ample space for a sizable dining table, illuminated by an abundance of natural light. Adjacent to the dining area is a fully equipped kitchen showcasing brand new appliances, including a dishwasher, gas stove, large refrigerator, and abundant counter space. The windowed kitchen provides flexibility for a charming breakfast nook or a cozy round table setup.

Each of the three bedrooms is thoughtfully designed, offering sufficient space and individual closets to cater to your organizational and storage requirements. The primary bedroom features an en suite bathroom. Both bathroom have undergone recent upgrades. The apartment has hardwood flooring, great ceiling height, and a bright atmosphere enhanced by natural light. This is a rare opportunity to own an affordable and well-appointed residence in the sought-after Kensington neighborhood.

The F subway line is just minutes away, and the B/Q subway lines at Newkirk Plaza are conveniently located nearby. Explore the vibrant offerings of Cortelyou Rd and Newkirk Plaza, home to a diverse array of restaurants, supermarkets, and shopping opportunities. The building has an elevator, laundry room, bike room, a parking garage (waitlist), a live-in super, and a porter. As a sponsor unit, no board approval is required, and a 10% down payment is allowed. There is currently an assessment of $328.00 until 7/31/24.

The photos of the unit have been virtually staged for prospective buyers to visualize the space.


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About the Building

540 Ocean Parkway  Brooklyn, NY 11218

Co-op in Kensington

  • 114 Units
  • 6 Stories
  • 1962 Built

Sales listings: 2 active, 1 in contract and 54 previous
Rentals listings: 70 previous
Documents and Permits: 82 documents

Unit History

Nearby

Transportation

  • F at Ditmas Av

    0.25 miles

  • F at 18th Av

    0.37 miles

  • B Q at Newkirk Av

    0.55 miles

  • F G at Church Av

    0.62 miles

  • F at Av I

    0.63 miles

View subway lines on Google Maps

Schools

District 20 - Schools zoned for this address:
J.H.S. 062 Ditmas

(06,07,08,SE)

P.S. 179 Kensington

(PK,0K,01,02,03,04,05,SE)

Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.