Is 488 Ocean Pkwy rent stabilized?
488 Ocean Pkwy is a registered NYC rent-stabilized building in Kensington, Brooklyn (11218). It has about 49 apartments, built in 1958. A unit here was recently advertised for rent.
Also written as 488 Ocean Parkway — or 488 Ocean Pkwy, Brooklyn, NY 11218.
Recently advertised for rent
How this building compares
With about 49 apartments it is larger than 67% of the 195 rent-stabilized buildings this site tracks in Kensington. It went up in 1958, 28 years after the 1930 median for stabilized buildings tracked in the neighborhood. HPD lists 4 open violations here, about one for every 12 apartments — below the 0.6 per apartment median for tracked buildings in the neighborhood. Of the 141 violations on record at the address, 25 are class C — HPD's immediately hazardous grade. Tenants have filed 168 HPD complaints at the address, 1 of them in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Kensington |
| ZIP | 11218 |
| Year built | 1958 |
| Apartments | 49 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A, NON-EVICT COOP/CONDO |
| BBL | 3053890041 |
Owner & management
| Owner | EDGEWOOD INC 5614 15TH AVENUE #1A · BKLYN, NY 11219 |
| Managing agent | NEWPORT MANAGEMENT LLC |
Building conditions
| HPD violations | 4 open / 141 total |
| HPD complaints | 0 open / 168 total |
| HPD registration last filed | August 20, 2025 |