Kings  »  11225  »  Ocean Ave  »  115 Ocean Ave

115 Ocean Avenue, Brooklyn, NY 11225 - Property report

Also known as: 2-16 Lincoln Rd

Property image for 115 Ocean Avenue, Brooklyn, NY 11225
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1925

Lot sq. ft.

21,502

Sale price

$25,500,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
115 Ocean Avenue
Alternate address(es)
101-117 Ocean Ave
2-16 Lincoln Rd
ZIP code
11225
Neighborhood
Prospect - Lefferts Gardens
Borough
Brooklyn
Block & lot
05026-0039

Owner

Find out who owns 115 Ocean Avenue, Brooklyn, NY 11225. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
107,027
Building dimensions
140 ft x 137 ft
Buildings on lot
1
Stories
6
Year built
1925
Last altered
2022
Building material
Sales
Sale date
12/16/2014
Sale price
$25,500,000
Tax
Tax year
2026-2027
Property tax
$165,485
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
99
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
140 ft x 150 ft
Lot sq. ft.
21,502

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.78 Miles
Closest fire station
0.46 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 115 Ocean Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 115 Ocean Avenue, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
12/16/2014 $25,500,000 XXXXXX XXXXXXXX XXX XXXXXXX XXXXXXXX XXXXXXXXXX XXX
05/25/2010 $9,750,000 XXXXXXX XXXXXXXX XXXXXXXXXX, XXX XXX XXXXX XXX XXX XXXXXXXX XXXXXX XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/24/2025 - R UCC3 Assignment
(2025061800831002)		 XXX XXXX XXXX XXXXXX XXXX XXXX XXXXXX XXXXXXX XXX
03/10/2025 - R Initial UCC1
(2025030700914001)		 XXX XXXX XXXX XXXXXX XXXX XXXX XXXXXX XXXXXXX XXX
03/10/2025 - R UCC3 Termination
(2025030700789007)		 XXXXXX XXXXXXXX XXX XXX XXXX XX XX XXXX XXXXXXX XXX
07/01/2025 - R
02/19/2025 - D		 Asgn of Asgn of L&R
(2025062500104001)		 XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXXXXX XXXX XXXXXXX XXX XX XXXXXXX
06/24/2025 - R
02/19/2025 - D		 Assignment, Mortgage
(2025061800831001)		 XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXXXXX XXXX XXXXXXX XXX XX XXXXXXX
03/10/2025 - R
01/29/2025 - D		 Termination of Assign of L&R
(2025030700789002)		 XXX XXXX XX XX XXXX XXXXXXX XXX XXXXXX XXXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Assignment of Leases and Rents
(2025030200022008)		 XXX XXXX XXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Agreement
(2025030200022007)		 XXX XXXX XXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Mortgage
(2025030200022006)		 XXX XXXX XXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Assignment, Mortgage
(2025030200022002)		 XXX XXXX XX XX XXXX XXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 115 Ocean Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$165,485
Municipal exemptions
Recent tax assessments
Market value
$8,698,000
Assessed value
$3,914,100

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $8,296,000 $3,733,200 $2,097,168 12.439% $380,633 $146,223 +22.40%
2024/25 $6,965,000 $3,134,250 $1,872,845 12.5% $342,540 $119,462 +2714.44%
2023/24 $6,535,000 $2,940,750 $1,806,225 12.502% $326,876 $4,245 -94.96%
2022/23 $5,812,000 $2,615,400 $1,764,450 12.267% $309,864 $84,244 +0.72%
2021/22 $5,568,000 $2,505,600 $1,764,163 12.235% $304,367 $83,644 -54.38%
2020/21 $5,366,000 $2,414,700 $1,494,660 12.267% $288,939 $183,350 -32.79%
2019/20 $5,084,000 $2,287,800 $2,186,982 12.473% $272,782 $272,782 +7.83%
2018/19 $4,850,000 $2,182,500 $2,005,803 12.612% $252,972 $252,972 +5.53%
2017/18 $4,675,000 $2,103,750 $1,884,762 12.719% $239,723 $239,723 +10.90%
2016/17 $4,412,000 $1,985,400 $1,676,774 12.892% $216,170 $216,170 +15.87%
Permits

Permit information for 115 Ocean Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/08/2026 Alteration
10/28/2024 Alteration
10/25/2024 Alteration
11/11/2022 Alteration
09/21/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/10/2025 C-construction other optional
04/25/2023 Lblvio-low pressure boiler boiler required
10/01/2019 Rwnrf-retaining wall

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Ocean Ave & Lincoln Rd at NE Corner
Station lines
B-Q-FS
Distance (miles)
0.038
View subway map

Access the detailed traffic volume map for 115 Ocean Avenue, Brooklyn, NY 11225 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 115 Ocean Avenue, Brooklyn, NY

566 Flatbush Ave, Brooklyn 135 Ocean Ave, Brooklyn 197 Ocean Ave, Brooklyn 163 Ocean Ave, Brooklyn 189 Ocean Ave, Brooklyn 2121 Beekman Pl, Brooklyn 568 Flatbush Ave, Brooklyn 195 Ocean Ave, Brooklyn 564 Flatbush Ave, Brooklyn 570 Flatbush Ave, Brooklyn 125 Ocean Ave, Brooklyn 150 Ocean Ave, Brooklyn 191 Ocean Ave, Brooklyn 2111 Beekman Pl, Brooklyn 2100 Beekman Pl, Brooklyn 40 Lincoln Rd, Brooklyn 2101 Beekman Pl, Brooklyn 147 Ocean Ave, Brooklyn 193 Ocean Ave, Brooklyn 50 Lincoln Rd, Brooklyn

Nearby ZIP codes for 115 Ocean Avenue, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11226, New York City, NY 11230, New York City, NY 11231, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 115 Ocean Avenue, Brooklyn, NY 11225?

The development at 115 Ocean Avenue, Brooklyn, NY 11225 was built in 1925.

What is the total square footage of 115 Ocean Avenue, Brooklyn, NY 11225?

115 Ocean Avenue, Brooklyn, NY 11225 has a total of 107,027 square feet.

When was 115 Ocean Avenue, Brooklyn, NY 11225 last sold and what was the sale price?

115 Ocean Avenue, Brooklyn, NY 11225 was last sold on 12/16/2014 for $25,500,000.

What is the assessed value of 115 Ocean Avenue, Brooklyn, NY 11225?

115 Ocean Avenue, Brooklyn, NY 11225 is currently assessed at $3,914,100.

What are the property taxes for 115 Ocean Avenue, Brooklyn, NY 11225?

The property taxes for 115 Ocean Avenue, Brooklyn, NY 11225 total $280,128.

How many residential units does this building have?

This building has 99 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account