What is the rent for a studio at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

Based on recent listing data, rent for a studio at 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is approximately $2,000 per month.

What is the rent for a 1-bedroom at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

Based on recent listing data, rent for a 1-bedroom at 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is approximately $2,200 per month.

How does rent at 240 OCEAN PARKWAY, Brooklyn, NY, 11218 compare to the neighborhood?

Compared to other buildings in the 11218 zip code: studio rents are about 47% below the neighborhood median; 1-bedroom rents are about 40% below the neighborhood median.

Is 240 OCEAN PARKWAY, Brooklyn, NY, 11218 rent stabilized?

Yes, 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is rent stabilized with 4 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.

When is the cheapest time to rent at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

Based on historical listing data, March tends to be the most affordable month to sign a lease at 240 OCEAN PARKWAY, Brooklyn, NY, 11218, while May is typically the most expensive. Timing your move to March could save approximately 12% compared to peak pricing.

Who is the landlord of 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

The registered owner of 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is 240 OCEAN PKWY OWNERS CORP. You can view their full portfolio of buildings on Lucid Rents.

Is the landlord of 240 OCEAN PARKWAY, Brooklyn, NY, 11218 a good landlord?

240 OCEAN PARKWAY, Brooklyn, NY, 11218, owned by 240 OCEAN PKWY OWNERS CORP, has an overall grade of B (3.3/5) on Lucid Rents. The building has 134 recorded violations. Tenants have left 3 reviews. Check tenant reviews for firsthand experiences.

What is the building rating for 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

240 OCEAN PARKWAY, Brooklyn, NY, 11218 has an overall grade of B with a score of 3.3 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.

Are there violations or complaints at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

Yes, 240 OCEAN PARKWAY, Brooklyn, NY, 11218 has 134 housing violations and 193 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.

What amenities does 240 OCEAN PARKWAY, Brooklyn, NY, 11218 have?

240 OCEAN PARKWAY, Brooklyn, NY, 11218 offers 2 amenities including Rent Stabilized, Has Evictions. View the full amenity list on the building page.

What schools are near 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

There are 10 schools near 240 OCEAN PARKWAY, Brooklyn, NY, 11218, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. 889 (4 min walk), M.s. 890 (4 min walk), M.s. 890 (4 min walk), M.s. 839 (6 min walk), Brooklyn Prospect Charter School - Csd 15.2 (7 min walk), and more.

What public transit is near 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

240 OCEAN PARKWAY, Brooklyn, NY, 11218 has 4 transit options nearby. The closest include: bus: CHURCH AV/E 5 ST (B35), 0.06 mi away.

Is 240 OCEAN PARKWAY, Brooklyn, NY, 11218 safe? What is the crime rate nearby?

The 11218 zip code where 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is located had 1,352 crime incidents in the past 2 years, including 127 violent crimes, 474 property crimes, and 751 quality-of-life incidents. Check the neighborhood report card for 11218 for full details.

When was 240 OCEAN PARKWAY, Brooklyn, NY, 11218 built and how many units does it have?

240 OCEAN PARKWAY, Brooklyn, NY, 11218 was built in 1938, has 6 floors, contains 55 total units.

How energy efficient is 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

240 OCEAN PARKWAY, Brooklyn, NY, 11218 has an ENERGY STAR score of 58 out of 100 and a site energy use intensity (EUI) of 81.2 kBtu/ft² (2024 data).

What do tenants say about living at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?

240 OCEAN PARKWAY, Brooklyn, NY, 11218 has 3 tenant reviews with an average rating of 3.3 out of 5. 0 out of 3 reviewers would recommend this building.

240 OCEAN PARKWAY — Rent Intelligence for Kensington, NYC

Kensington · Brooklyn, NY, 11218

Built 19386 floors55 unitsBBL 3053380075

Current rent range

$2,000 – $2,200 / mo

2 bedroom bands tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★3.33 reviews

Verified reviews2OOwned by240 OCEAN PKWY OWNERS CORP3 bldgs

240 OCEAN PARKWAY

Brooklyn, NY, 11218

240 OCEAN PARKWAY is a mid-century 1938 building, 6 floors, 55 units in Kensington, NYC. Owned by 240 OCEAN PKWY OWNERS CORP. Public records show 141 open violations, 193 311 complaints, 3 active litigation matters on file. Rent stabilization on file covers 4 units (registered 2024). Lucid Rents has 3 verified tenant reviews on this building.

HPD violations134last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews33.3 ★ avg

Rent-stab units55DHCR records

Building age88 ybuilt 1938

311 complaints193last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Brooklyn · March 2026

Studio

$2,000/mo

1 listing

1 BR

$2,200/mo

1 listing

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

March

Most expensive

May

JFMAMJJASOND

Potential savings: ~12% by timing your move to March.

Rent vs. area median Brooklyn

Studio

This building: $2,000 – $2,000

47% belowArea: $3,773

1 BR

This building: $2,200 – $2,200

40% belowArea: $3,650

3 BR

This building: — – —

—Area: $4,250

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Brooklyn

Studio1 listing

$3,773

$3,773

1 Bed1 listing

$3,650

$3,650

Range (P25 – P75)MedianBased on recent listings in Brooklyn

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Prospect Park

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$3,296

current quarter

Effective rent

—

per bedroom only

YoY change

-0.4%

asking, vs 1 yr ago

10-year change

16%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

95 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

brownfields, industrial zones, sanitation

Block-level

1807

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

134 total

Smoke/CO Detector
18
Paint/Plaster
18
Door/Lock
13
Fire Escape/Stairs
12
Window/Guard
11

311Top Complaints

193 total

HEAT/HOT WATER
135
UNSANITARY CONDITION
12
PAINT/PLASTER
7
PLUMBING
5
General Construction/Plumbing
5

DOBTop Filings

7 total

DOB Violations
7

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(13 units)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class ANOV CERTIFIED ON TIMEMar 25, 2026
§27-2104(B) HMC POST A PROPER NOTICE REGARDING RENT STABILIZATION LAW, IN A FORM APPROVED BY THE COMMISSIONER, IN A CONSPICUOUS LOCATION WITHIN THE COMMON AREA AT THE BUILDINGS ENTRANCE. FOR MORE INFORMATION ABOUT SIGNAGE REQUIREMENTS, PLEASE VISIT: HTTPS://WWW.NYC.GOV/SITE/HPD/SERVICES-AND-INFORMATION/REQUIRED-SIGNAGE.PAGE
Class BNOV SENT OUTMar 25, 2026
§ 27-2005 ADM CODE FIRE ESCAPE DEFECTIVE. ADJUST THE DROPLADDER SO THAT IT WILL SLIDE EASILY IN THE GUIDE RODS 2ND FROM NORTH AT BUILDING FRONT AT FIRE ESCAPE
Class BNOV SENT OUTMar 24, 2026
§ 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING AND ALL WALLS IN THE KITCHEN LOCATED AT APT 6B, 6th STORY, 1st APARTMENT FROM EAST AT SOUTH
Class BNOV SENT OUTMar 24, 2026
§ 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT HEADER AT WINDOW IN THE KITCHEN LOCATED AT APT 6B, 6th STORY, 1st APARTMENT FROM EAST AT SOUTH
Class BCIV14 MAILEDMar 21, 2026
§ 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS RULES AND REGULATIONS MISSING IN THE ENTIRE APARTMENT LOCATED AT APT 6C, 6th STORY, 1st APARTMENT FROM NORTH AT EAST

See all 134 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

3.3 /5

★ ★ ★ ★ ★

3 reviews

5★

4★

67%

3★

2★

33%

1★

Unit 3j Pros: I've lived here since I was a teenager, in my mid 30s now. When I first moved in -different superintendent, the building was spotless well maintained and we had heat and running water. Not the last decade…

negativeApr 2025

Anonymous

Pros: No complaints as of yet. I like living here, the neighborhood is calm and close to Prospect Park. Cons: Management isn't very responsive. they'll eventually get to you request but they are not in a hurry.

positiveJun 2024

Anonymous

Unit 1C Pros: Good location, responsive and kind super, literally no noise ever Cons: Some pests, some disrespectful neighbors

positiveApr 2024

Anonymous

View all 3 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

2 amenities

OTHER

Rent Stabilized
Has Evictions

04 / 09

Building amenities.

05 / 10

The landlord.

240 OCEAN PKWY OWNERS CORP

Portfolio of 3 buildingsPRESIDENT: EZRIEL WEINBERGERMail: 1651 CONEY ISLAND AVE, BROOKLYN, NY, 11230

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.3

avg score / 5

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

1938Building constructed55 units · 6 floors
now240 OCEAN PKWY OWNERS CORPOwner of record per HPD registration · manages 3 buildings · registration active through 2026-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

11218 · last 12 months

Safety & Crime

Very safeSafety score · last 12 months

NYPD CompStat · updated weekly

LAST 12 MONTHS · 11218

Violent127

Property474

Quality-of-life751

Total incidents1,352

07 / 10

About this area.

Kensington · 11218

240 OCEAN PARKWAY · Brooklyn · 40.644° N, -73.974° W

Walk

Transit

Bike

Estimated from nearby transit & amenity data

4 bus stops nearby1 min

7 schools nearby4 min

Nearby Transit

BUS

CHURCH AV/E 5 STB35
0.1 mi1 min
CHURCH AV/E 5 STB35
0.1 mi2 min
CHURCH AV / E 3 STB35B103BM4BM3
0.2 mi3 min
CHURCH AV/E 3 STB35
0.2 mi4 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

P.s. 889Elementary
0.2 mi4 min
M.s. 890Middle School
0.2 mi4 min
M.s. 890Middle School
0.2 mi4 min
M.s. 839Middle School
0.3 mi6 min

CHARTER SCHOOLS

Brooklyn Prospect Charter School - Csd 15.2Middle School
0.4 mi7 min
Brooklyn Prospect Charter School - Csd 15.2Middle School
0.4 mi7 min
Brooklyn Dreams Charter SchoolK-8
0.9 mi17 min

PRIVATE SCHOOLS

Shaare Torah Elementary School-GirlsElementary
0.1 mi1 min
Mesivta Meor Hatorah 2High School
0.4 mi8 min
Bnos YerushalayimElementary
0.4 mi8 min

The neighborhood

Kensington

Kensington is one of Brooklyn's most diverse neighborhoods — Bangladeshi, Pakistani, Mexican, and Orthodox Jewish communities share these quiet residential blocks. Church Avenue's food scene is a global tour, and Prospect Park's southern entrance is just up the hill.

8,775buildings tracked4.6avg LucidIQ$3,650median 1BR

73,318population$88kmedian income62%renters

DiverseAffordableResidentialGlobal FoodQuiet

Explore Kensington

Neighborhood overview

Kensington→

Vibe · top buildings · landlords · schools · transit

Crime in 11218

See full breakdown→

Incident type · 6-month trend · vs. New York City average

Rent trends in Kensington

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Borough Park· 1.13 mi Flatbush· 1.16 mi Midwood· 1.41 mi Bensonhurst· 1.62 mi Park Slope· 1.62 mi

Browse all NYC neighborhoods

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1938

Floors6

Total units55

Rent-stab units55

ClassD4

BBL3053380075

19301940195019601970198019902000201020202030

1938

Building constructed

55 units · 6 floors · class D4

2024

Rent stabilization on file

4 stabilized units registered.

now

Current owner: 240 OCEAN PKWY OWNERS CORP

Portfolio includes 3 buildings.

Recent Activity

20 events

311MEDIUMApr 6, 2026
UNSANITARY CONDITION — PESTS
311MEDIUMApr 4, 2026
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMMar 25, 2026
HEAT/HOT WATER — ENTIRE BUILDING
HPDLOWMar 25, 2026
HPD Class A Violation — §27-2104(B) HMC POST A PROPER NOTICE REGARDING RENT STABILIZATION LAW, IN A FORM APPROVED BY THE COMMISSIONER, IN A CONS
HPDMEDIUMMar 25, 2026
HPD Class B Violation — § 27-2005 ADM CODE FIRE ESCAPE DEFECTIVE. ADJUST THE DROPLADDER SO THAT IT WILL SLIDE EASILY IN THE GUIDE RODS 2ND FROM
HPDMEDIUMMar 24, 2026
HPD Class B Violation — § 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT HEADER AT WINDOW IN THE KITCHEN LOCATED AT APT 6B, 6th ST
HPDMEDIUMMar 24, 2026
HPD Class B Violation — § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING AND ALL WAL
311MEDIUMMar 23, 2026
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMMar 23, 2026
HEAT/HOT WATER — ENTIRE BUILDING
311MEDIUMMar 23, 2026
HEAT/HOT WATER — ENTIRE BUILDING

07 / 09

History of the building.

10 / 10

Frequently asked questions.

What is the rent for a studio at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
Based on recent listing data, rent for a studio at 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is approximately $2,000 per month.
What is the rent for a 1-bedroom at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
Based on recent listing data, rent for a 1-bedroom at 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is approximately $2,200 per month.
How does rent at 240 OCEAN PARKWAY, Brooklyn, NY, 11218 compare to the neighborhood?
Compared to other buildings in the 11218 zip code: studio rents are about 47% below the neighborhood median; 1-bedroom rents are about 40% below the neighborhood median.
Is 240 OCEAN PARKWAY, Brooklyn, NY, 11218 rent stabilized?
Yes, 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is rent stabilized with 4 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
When is the cheapest time to rent at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
Based on historical listing data, March tends to be the most affordable month to sign a lease at 240 OCEAN PARKWAY, Brooklyn, NY, 11218, while May is typically the most expensive. Timing your move to March could save approximately 12% compared to peak pricing.
Who is the landlord of 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
The registered owner of 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is 240 OCEAN PKWY OWNERS CORP. You can view their full portfolio of buildings on Lucid Rents.
Is the landlord of 240 OCEAN PARKWAY, Brooklyn, NY, 11218 a good landlord?
240 OCEAN PARKWAY, Brooklyn, NY, 11218, owned by 240 OCEAN PKWY OWNERS CORP, has an overall grade of B (3.3/5) on Lucid Rents. The building has 134 recorded violations. Tenants have left 3 reviews. Check tenant reviews for firsthand experiences.
What is the building rating for 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
240 OCEAN PARKWAY, Brooklyn, NY, 11218 has an overall grade of B with a score of 3.3 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Are there violations or complaints at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
Yes, 240 OCEAN PARKWAY, Brooklyn, NY, 11218 has 134 housing violations and 193 complaints on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
What amenities does 240 OCEAN PARKWAY, Brooklyn, NY, 11218 have?
240 OCEAN PARKWAY, Brooklyn, NY, 11218 offers 2 amenities including Rent Stabilized, Has Evictions. View the full amenity list on the building page.
What schools are near 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
There are 10 schools near 240 OCEAN PARKWAY, Brooklyn, NY, 11218, including 4 public schools, 3 charter schools, 3 private schools. Nearby schools include P.s. 889 (4 min walk), M.s. 890 (4 min walk), M.s. 890 (4 min walk), M.s. 839 (6 min walk), Brooklyn Prospect Charter School - Csd 15.2 (7 min walk), and more.
What public transit is near 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
240 OCEAN PARKWAY, Brooklyn, NY, 11218 has 4 transit options nearby. The closest include: bus: CHURCH AV/E 5 ST (B35), 0.06 mi away.
Is 240 OCEAN PARKWAY, Brooklyn, NY, 11218 safe? What is the crime rate nearby?
The 11218 zip code where 240 OCEAN PARKWAY, Brooklyn, NY, 11218 is located had 1,352 crime incidents in the past 2 years, including 127 violent crimes, 474 property crimes, and 751 quality-of-life incidents. Check the neighborhood report card for 11218 for full details.
When was 240 OCEAN PARKWAY, Brooklyn, NY, 11218 built and how many units does it have?
240 OCEAN PARKWAY, Brooklyn, NY, 11218 was built in 1938, has 6 floors, contains 55 total units.
How energy efficient is 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
240 OCEAN PARKWAY, Brooklyn, NY, 11218 has an ENERGY STAR score of 58 out of 100 and a site energy use intensity (EUI) of 81.2 kBtu/ft² (2024 data).
What do tenants say about living at 240 OCEAN PARKWAY, Brooklyn, NY, 11218?
240 OCEAN PARKWAY, Brooklyn, NY, 11218 has 3 tenant reviews with an average rating of 3.3 out of 5. 0 out of 3 reviewers would recommend this building.

09 / 09

Frequently asked questions.

10 / 10

NYC-specific insights.

Rent stabilization and seismic safety

Rent stabilizationProtected

DHCR registration & tenant protections

Yes

rent stabilized

stabilized units

2024

since

Stabilized units have annual rent-increase caps set by the Rent Guidelines Board and lease-renewal rights.

09 / 10

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08 / 09

Similar buildings nearby.

Embed this building’s record

Drop this scorecard into a tenant guide, blog post, or wiki. It updates itself as new violations are filed.

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Building record last updated August 19, 2026. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.