488 Ocean Parkway, #6C, Brooklyn, NY, 11218 | $499,000

Welcome to this bright and versatile 1. 5-bedroom apartment located on the top floor of a well-maintained elevator building in prime Ocean Parkway. This thoughtfully designed residence offers approximately 850 square feet of comfortable living space, featuring a flexible layout that easily accommodates a convertible bedroom and additional office space—perfect for today’s work-from-home lifestyle. Enter into a welcoming foyer with a convenient coat closet, leading into a sun-filled living area with hardwood floors and excellent natural light. The recently updated open kitchen is ideal for both everyday living and entertaining, complete with quartz countertops, stainless steel refrigerator, dishwasher, and even a wine fridge. An eat-in kitchen area adds extra functionality and charm. The spacious primary bedroom offers comfort and storage with California Closets, while the flexible half-bedroom provides endless possibilities—guest room, nursery, or home office. The bathroom features a full tub, and the overall layout maximizes both flow and usability. Building amenities include: In-building laundry Secure bike storage Live-in superintendent Additional storage (waitlisted, $40/month) Garage parking available via waitlist Flexible Subletting Policy This cat-friendly building boasts strong financials, high owner occupancy, and no current assessments, offering peace of mind for buyers. Located in prime Ocean Parkway, you’ll enjoy easy access to Prospect Park, nearby restaurants and coffee shops, and convenient transportation via the F, G, B, and Q trains, making commuting to Manhattan simple and efficient. A rare combination of space, flexibility, and location—this top-floor apartment is not to be missed.

Features

  • Parking: Garage, Waitlist
  • Heating: Other
  • Cooling: Wall/Window Unit(s)
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Year Built: 1958
  • Approx Sq. Feet: 850
  • Elem. School: Ps 179 Kensington
  • Middle School: Jhs 62 Ditmas
  • High School: Fort Hamilton High School
  • School District: Community District 20
  • Pet Policy: Cats OK
  • Appliances: Dishwasher, Microwave
  • MLS#: 978314
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /prop/978314/488oceanparkway_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker Reliable R E   Phone: 718-921-3100

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

488 Ocean Parkway, #6C, Brooklyn, NY, 11218

$499,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.275% 6.284% 5.595%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,330 $2,426 $3,235
Total Monthly Payment $2,405 $2,501 $3,310

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.