Is 402 Ocean Pkwy rent stabilized?
402 Ocean Pkwy is a registered NYC rent-stabilized building in Kensington, Brooklyn (11218). It has about 54 apartments, built in 1941.
Also written as 402 Ocean Parkway — or 402 Ocean Pkwy, Brooklyn, NY 11218.
How this building compares
With about 54 apartments it is larger than 69% of the 195 rent-stabilized buildings this site tracks in Kensington. Its 1941 construction date sits close to the 1930 median for stabilized buildings tracked in the neighborhood. HPD lists 49 open violations here, about 0.9 per apartment — above the 0.6 per apartment median for tracked buildings in the neighborhood. Of the 243 violations on record at the address, 80 are class C — HPD's immediately hazardous grade, and 29 of them are still open. HPD issued 30 new violations at the address in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Kensington |
| ZIP | 11218 |
| Year built | 1941 |
| Apartments | 54 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 3053740041 |
Owner & management
| Owner | ROSE REALTY ASSOCIATES 2607 NOSTRAND AVE #2ND FL · Brooklyn, NY 11210 |
| Managing agent | SIBLING MANAGEMENT INC |
Building conditions
| HPD violations | 49 open / 243 total · 30 in last 12 mo |
| HPD complaints | 0 open / 369 total |
| HPD registration last filed | July 14, 2025 |
Full building report — $9
Frequently asked questions
Is 402 Ocean Pkwy rent stabilized?
402 Ocean Pkwy in Kensington, Brooklyn is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization code is MULTIPLE DWELLING A. Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 402 Ocean Pkwy?
402 Ocean Pkwy (BBL 3053740041) has about 54 residential apartments and was built in 1941, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.