When construction at 264 Webster Avenue finished in 2018, it was the first new condo building in Kensington, a neighborhood in central Brooklyn, in nearly 60 years. With mostly mid-century co-ops and houses that are now almost all above $1 million, the area has few options for homebuyers who want contemporary amenities and don’t have sky-high budgets. “We wanted to create a product that buyers are looking for. Open floor plans, contemporary finishes, great light and a full suite of amenities,” said developer David Marom in a 2018 Real Estate Weekly article. A 24-hour doorman is a rarity in this part of Brooklyn, and the gym, roof deck, pet spa and private underground parking garage create a comprehensive package that can draw residents from more popular neighborhoods such as Windsor Terrace and Park Slope. According to a PropertyShark report, 264 Webster was the eighth quickest-selling building in all of New York City the year after it opened, selling over 50% of its stock to beat out luxury developments in Manhattan.
Betting on family-friendly layouts
In hopes of meeting the needs of buyers with children, Marom pivoted from an original design of 72 rental apartments to 63 condo units — at least a third of them two bedrooms — according to a 2018 New York Times article. These units range from 900 to 1,100 square feet with two bathrooms and, typically, a balcony. The ground-floor two-bedrooms share a backyard with a raised deck for a touch of suburban living, while the three bedrooms reach up to 1,200 square feet and have terraces with room for compact seating. One bedrooms are sized from 600 to 850 square feet, and the larger units have walk-in closets and foyers that are big enough to hold coats, shoes and backpacks. The few studios, sized from 450 to 550 square feet, have their kitchens near the entrance to separate them from the combination living-sleeping area, and some have balconies that are nearly the full width of the unit.
Simple and chic designs that last
Past residents have had little reason to update interiors, as the units were built out with investment-worthy finishes and appliances — from oak flooring and Caesarstone countertops to Bertazzoni ranges, Bosch washer-dryers and fridges with water dispensers. Elevated touches include stone tiling in the bathrooms and wood tiling on some balconies, plus walk-in showers for primary bathrooms. Common spaces also reflect the high-end design scheme, most notably in the library’s chevron-patterned wood flooring and Art Deco reading lamps, and the lobby’s double-height ceiling.
Competitive pricing with a sweet tax deal
Prices at 264 Webster aren’t much higher than those in neighboring condos that are much older — and with far fewer amenities. Most recently, studios have gone for around $450,000, and one bedrooms have sold for between $530,000 and $625,000. Two bedrooms have sold for between $850,000 and $1.1 million, and the rare three bedrooms have gone for around $1.1 million. As of 2024, monthly common charges average $1.2 per square foot. And with the building’s 421A Tax Abatement, which expires in 2034, taxes have recently been as low as $150 annually.
Built for entertaining, exercising and parking
Aside from the 24-hour doorman, the building’s most useful amenity is the roof deck, which has a gas grill and outdoor sink that comes in handy for cookouts. A game lounge with pool table and wet bar helps for entertaining guests, and the fitness center has a window into the kids’ playroom so parents can keep an eye on children while exercising. There’s also a pet spa for dog washing and an underground parking garage with 34 spots that most recently sold for $60,000 each.
Bangladeshi food scene below Prospect Park
Home to a stretch known as Little Bangladesh, Kensington serves both south-Asian specialties and, at 60-year-old Korner Pizza, New York City classics. Local Islamic centers provide space for worship, and at the north end, Prospect Park caters to all outdoor activities — from picnics, concerts and ice-skating parties, to biking, jogging and fishing. International grocery stores dot the neighborhood’s thoroughfares on the east and west sides, and just northeast is a Target for everyday essentials.
Near subways and major Brooklyn highways
Three subway stations on the F, B and Q lines are within a half-mile walk, so residents have a few choices for commuting into Manhattan. Car owners are rewarded by their proximity to Ocean Avenue, which feeds into the Prospect Expressway for connections to both the Hugh L. Carey Tunny and Brooklyn-Queens Expressway. Buses also run on Coney Island Avenue, but there aren’t express options.
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Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
3/ 10
Walker's Paradise
Walk Score®
91/ 100
Rider's Paradise
Transit Score®
93/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Digilio Playground
9 min walk
Trails
Pickleball
Playground
Kensington Dog Run
3 min drive
Dog Park
Dome Playground
4 min drive
Basketball
Picnic Area
Trails
Parade Ground
4 min drive
Baseball/Softball
Basketball
Dog Park
Albemarle Playground
4 min drive
Basketball
Playground
Gravesend Park
5 min drive
Baseball/Softball
Basketball
Playground
Kolbert Playground
5 min drive
Basketball
Playground
Friends Field
5 min drive
Baseball/Softball
Football
Soccer
Nostrand Playground
6 min drive
Basketball
Soccer
Trails
Schools
Source:
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