Is 540 Ocean Pkwy rent stabilized?
540 Ocean Pkwy is a registered NYC rent-stabilized building in Kensington, Brooklyn (11218). It has about 114 apartments, built in 1962.
Also written as 540 Ocean Parkway — or 540 Ocean Pkwy, Brooklyn, NY 11218.
How this building compares
With about 114 apartments it is larger than 93% of the 195 rent-stabilized buildings this site tracks in Kensington. It went up in 1962, 32 years after the 1930 median for stabilized buildings tracked in the neighborhood. HPD lists 11 open violations here, about one for every 10 apartments — below the 0.6 per apartment median for tracked buildings in the neighborhood. Of the 123 violations on record at the address, 16 are class C — HPD's immediately hazardous grade, and 5 of them are still open. HPD issued 5 new violations at the address in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Kensington |
| ZIP | 11218 |
| Year built | 1962 |
| Apartments | 114 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A, NON-EVICT COOP/CONDO |
| BBL | 3053990021 |
Owner & management
| Owner | IMPERIAL OCEAN CORP 3622 13TH AVE · BROOKLYN, NY 11218 |
| Managing agent | SUPERIOR REALTY GROUP |
Building conditions
| HPD violations | 11 open / 123 total · 5 in last 12 mo |
| HPD complaints | 0 open / 324 total |
| HPD registration last filed | July 9, 2025 |
Full building report — $9
Frequently asked questions
Is 540 Ocean Pkwy rent stabilized?
540 Ocean Pkwy in Kensington, Brooklyn is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization codes are MULTIPLE DWELLING A and NON-EVICT COOP/CONDO. 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 540 Ocean Pkwy?
540 Ocean Pkwy (BBL 3053990021) has about 114 residential apartments and was built in 1962, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.