487 Ocean Pkwy, Brooklyn, NY 11218
FOR SALE

487 Ocean Pkwy
Brooklyn, NY 11218

Kensington

      $3,999,000

      Est. Mortgage $23,255/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      This property presents a fantastic opportunity for development, offering a substantial lot size of 150x30, ideal for constructing a condominium with up to 17 units. The availability of pre-existing floor plans, which can be provided upon request, is a significant advantage, streamlining the design phase and potentially reducing the time to market for this project. With the growing demand for residential spaces, this could be a lucrative investment for any developer looking to expand their portfolio in the vibrant real estate market.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      No HOA Fee
      Price/Sqft
      No Info
      Listed
      24 days ago
      Last check for updates: about 15 hours ago
      Listing by: RE/MAX Real Estate Professiona, (718) 532-2000
      Jose I. Garcia
      Source: BNYMLS, MLS#481110

      Home Details for 487 Ocean Pkwy

      Interior Features

      Heating & Cooling
      No Cooling

      Days on Market

      Days on Market: 24

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land

      Price & Status

      Price
      List Price: $3,999,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: BrooklynCommunity: Brooklyn

      Agent Information

      Listing Agent
      Listing ID: 481110

      Lot Information

      Lot Area: 4500 sqft

      Listing Info

      Special Conditions: Arm's Length

      Miscellaneous

      Mls Number: 481110

      Price History for 487 Ocean Pkwy

      DatePriceEventSource
      04/05/2024$3,999,000Listed For SaleBNYMLS #481110
      06/03/2023ListingRemovedBNYMLS #473732
      05/03/2023$3,999,999Listed For SaleBNYMLS #473732
      04/28/2023ListingRemovedBNYMLS #471534
      02/01/2023$4,000,000Listed For SaleBNYMLS #471534
      09/24/2014$2,360,000Sold
      N/A
      02/10/2014$50,000Sold
      N/A
      09/18/2013$300,000Sold
      N/A
      02/12/2008$1,250,000Sold
      N/A

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      Property Taxes and Assessment

      Year2023
      Tax
      Assessment$759,000
      Home facts updated by county records

      Comparable Sales for 487 Ocean Pkwy

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      1.75
      Lot/Land
      $2,525,000
      11/16/23
      -
      2,200
      2.22
      Lot/Land
      $1,268,000
      12/27/23
      -
      -
      2.48
      Lot/Land
      $1,750,000
      02/14/24
      -
      -

      Neighborhood Overview

      See Local Highlights
      Neighborhood stats provided by third party data sources.

      What Locals Say about Kensington

      • Mrsmaignan
        "Commuting is fine. Distance is 10 to 15 minutes to both train line. Grocery Stores are about 10 to 15 minutes also. Plenty of local Stores in the area ."
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      • Trulia User
        "Halloween parades. Fairs bring in rides for the kids close Cortelyou bet on the island to East 17 Street lotta fun"
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      • Trulia User
        "Every weekend there are events, especially for children; from neighborhood cleanups to story time. The sidewalks are wider than most places which makes outdoor dining and pop ups a fun addition and leave lots of room to walk."
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      • Trulia User
        "The small businesses and unique dining options make Flatbush special! Just love the options for shopping and eating."
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      • Trulia User
        "Lived here my whole life best kept secret in Brooklyn. Close to prospect park and 8 stops to city. Quite family area with good schools."
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      • Trulia User
        "I lived in this neighborhood for four years and I love this neighborhood and surround area in new York City. "
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      • Trulia User
        "my kids was born in Flatbush Ave.. never had a issue.. living.in Flatbush Ave . got many friends. lost.many friend's. from my at wtc.. so sad . besides that.no problems at all"
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      • Trulia User
        "I don't know. I don't go out often but it's a clean neighborhood. I guess everyone would like it here since everything is accessible. "
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      • Trulia User
        "Last stop in Brooklyn on express bus in Manhattan in 6 min. Safe clean happy area with walking distance to prospect park and horse stable. Lot of family’s, groceries near by and a lot of new restaurants. Parade grounds ball fields and soccer tennis courts walking access as well "
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      • Trulia User
        "All are not so bad, but this location little cleaned like others location in BROOKLYN, Borough park is very expenses location."
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      • Trulia User
        "Love the area safe and walk-in distance to prospect park. Express bus 1 stop to Manhattan. And F G train few blocks down "
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      • Trulia User
        "I live here over 10 years. Lovely, safe and friendly neighborhood. Everything is available in walking distance. "
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      • Trulia User
        "Crime and not that safe, schools are below average and not enough police especially during evening time "
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      • Brooklynjoe88
        "About an hour to get into Manhattan. The location is just far enough in Brooklyn where you can get a seat in the Am!"
        5
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      • Chalisa.nixon5
        "The neighborhood is quiet and well kept for the most part, i live in the family shelter and what i do know is they should have more rental available for the single women in that shelter"
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      • Amna H.
        "its very safe and quiet. has a lot of stores around and good transportation. I would definitely recommend this neighborhood. "
        16
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      • Matthewwels
        "Events in prospect park including celebrate Brooklyn and the skating rink and Smorgasburg. Haloween is great too."
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      • Junie F.
        "This is a friendly,family-oriented neighborhood with multiple parks shops and restaurants within walking distance. We’ve been living here for 4 years and would recommend this area to anyone looking for a place to raise a family. "
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      • Md M.
        "Diversity and safety. Public transportation, supermarket, hospital school is close. Bars and different cuisine around "
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      • Nesdesigns
        "Me as a dog owner like that I meet other dog owners, been here since 1996 and raised my 5 children as well schools are also great in this neighborhood. Recommend living in Kensington "
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      • Francescamaso
        "Plenty of families with young kids, playgrounds nearby, good schools, and close to the park. Neighborly and friendly neighborhood represented by many different ethnicities. "
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      • Tushar S.
        "Safe but some parts not so clean. Friendly and very convenient. Been here for 16 years. Very diverse neighborhood."
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      • Luna A.
        "I live here last 23 years. My all neighbor Behaviors is really good. School ,grocery. SHopping everything is excellent but I need more big house Bcz my kids are grown up now "
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      • Marvg99
        "Kensington has a lot to offers with a range of foreign products and its very safe. Also it is a very diverse neighborhood, everyone keep it nice and clean. "
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      • Saba M.
        "lots of modes of transportation.. many subway lines and bus routes. dont even need car for this neighborhood "
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      • Florent P.
        "East 4th street Halloween is quite a celebration each year and the proximity to Prospect Park makes this neighborhood very nice"
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      • Saba M.
        "absolutely love it. especially walking on ocean parkway with dogs.. as long as you clean up after your dogs.. no issue "
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      • Ella G.
        "There’s a really wide sidewalk great for taking walks, also it’s close to the park. Idk what else to write.."
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      • Arefin.r
        "I love to live this neighborhood. I been living this area last 10 years. This is a very safe neighborhood. Very good commute and many options available to commute."
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      • Romel
        "We have the best flappers folic every September, Everyone in the neighborhood comes out for last shop cakes drinks and get to know or see the people that they haven't seen in years."
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      • Sara
        "My neighborhood is diverse with easy access to subways and buses. There are cafes and plenty of gas stations"
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      • Babathebuilders
        "Working class and convince for travel and shopping l,save minimum crime or no crime great schools in neighborhoods "
        7
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      • Adriana D.
        "It has a neighborhoody feel. People look out for one another. It’s not really unique but it’s what makes it great. "
        1
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      • Fahriddin G.
        "Good place to live and good for kids and many more it good that’s all I can say i don’t know what else to say"
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      • CDS357
        "many families in the area, great restaurants, convenient public transportation options and feels safe."
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      • Michael M.
        "Area is boring and the corner of McDonald and Church needs some serious cleaning up. "
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      • Estiak
        "I like this neighborhood, this area has all kind of transportation facilities with tons of restaurants and deli grocery inclusive school, Bank, Post office and religious centers Thanks "
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      • Kimberlyragan
        "Unfortunately, many of the buildings do not allow dogs. But the area of Ocean Parkway has a great strip for dogs to walk along"
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      • Wjharrison32
        "School rankings, proximity to hospitals, proximity to public transportation. Concentration of convicted sexual offenders in the area. "
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      • Yim
        "No park in area to left your dogs run or exercise around in. Also lots of kids with roller around here."
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      LGBTQ Local Legal Protections

      Jose I. Garcia, RE/MAX Real Estate Professiona
      The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
      487 Ocean Pkwy, Brooklyn, NY 11218 is a lot/land. 487 Ocean Pkwy is located in Kensington, Brooklyn. This property is currently available for sale and was listed by BNYMLS on Apr 5, 2024. The MLS # for this home is MLS# 481110.