New York City  »  11226  »  Ocean Ave  »  500 Ocean Ave

500 Ocean Avenue, Brooklyn, NY 11226 - Property report

Also known as: 494-508 Ocean Ave

Property image for 500 Ocean Avenue, Brooklyn, NY 11226
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1931

Lot sq. ft.

20,608

General information

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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
500 Ocean Avenue
Alternate address(es)
26-40 St Pauls CT
494-508 Ocean Ave
ZIP code
11226
Neighborhood
Prospect Park South
Borough
Brooklyn
Block & lot
05080-0060

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
87,951
Building dimensions
158.92 ft x 130.75 ft
Buildings on lot
1
Stories
6
Year built
1931
Tax
Tax year
2026-2027
Property tax
$231,185
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
64
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Ocean Avenue (wide)
St Pauls Court (narrow)
Distance to wide street
Lot dimensions
159 ft x 140.75 ft
Lot sq. ft.
20,608

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
17
Community district
14
Closest police station
1.16 Miles
Closest fire station
0.71 Miles

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

Units for 500 Ocean Avenue, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1B
Unit 1C 06/05/2024
Unit 1D
Unit 1E
Unit 1F 01/06/2014
Unit 1G 11/18/2022
Unit 1H 01/06/2014
Unit 1J 05/12/2016
Unit 2A 01/06/2014
Unit 2C 01/06/2014
Unit 2E 09/16/2010
Unit 2F 01/06/2014
Unit 2H 01/06/2014
Unit 2J 01/06/2014
Unit 2L 01/06/2014
Unit 3
Unit 3A 10/29/2024
Unit 3B 06/17/2016
Unit 3C 05/05/2005 1,200
Unit 3D 01/06/2014
Unit 3E
Unit 3F 01/06/2014
Unit 3G 12/14/2022
Unit 3H 02/27/2023
Unit 3J 11/09/2009
Unit 3K 03/02/2017
Unit 3L 01/06/2014
Unit 4A 09/24/2024
Unit 4C 11/10/2010
Unit 4D 01/06/2014
Unit 4E 01/06/2014
Unit 4F 11/17/2016
Unit 4G 01/06/2014
Unit 4H 01/06/2014
Unit 4J 01/06/2014
Unit 4K 01/06/2014
Unit 4L 06/15/2023
Unit 5A 01/06/2014
Unit 5B 06/19/2007
Unit 5C 10/04/2024
Unit 5D 01/06/2014
Unit 5E 01/06/2014
Unit 5F 01/06/2014
Unit 5G 01/06/2014
Unit 5H 11/21/2005 1,020
Unit 5J 01/06/2014
Unit 5K 01/06/2014
Unit 5L 04/04/2014
Unit 6A 09/12/2024
Unit 6B 01/06/2014
Unit 6C 01/06/2014
Unit 6E 01/06/2014
Unit 6F 01/30/2007
Unit 6G 01/06/2014
Unit 6H 01/06/2014
Unit 6J 01/06/2014
Unit 6K 01/06/2014
Unit 6L
Unit COMM65 12/12/2002
Ownership

Ownership information for 500 Ocean Avenue, Brooklyn, NY

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

Sales history for 500 Ocean Avenue, Brooklyn, NY 11226

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/28/2022 - R UCC3 Termination
(2022122100887001)		 XXXXXX XXXXX XXXXX XXXXXXXXXX XXXX
03/27/2018 - R UCC3 Termination
(2018032700751001)		 XXXXXXX XXX XXXXXXXX XXXXX XXXX XX
02/15/2012 - R Initial UCC1
(2012021400131001)		 XXX XXXXX XX X XXX X XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/19/2005 - R
11/23/2005 - D		 Initial Coop UCC1
(2005112300232001)		 XXXXXXXX XXXXXXXX X XXXXXXXXXX XXXXXXXXX XXXXXXX XXXXXXXXXXX
05/14/2004 - R UCC3 Termination
(2004051300131001)		 XXXXXXXX XXXXXXXXX XXXXXXXX XXXX
07/09/2004 - R
02/10/2004 - D		 NYS Real Estate Transfer Tax
(2004030500458002)		 XXXXXXXX XXXXXXXXX X XXXXXXX XXXXXXXX
03/14/2003 - R Assignment of Leases and Rents
(2003021902113003)		 XXX XXXXX XXX XXXX XXXXX XXXX XXXX
12/31/2002 - R Initial UCC1
(3300008961030)		 XXX XXXXX XXX XXXX XXXXX XXXX XXXX
03/14/2003 - R
12/12/2002 - D		 Mortgage
(2003021902113002)		 XXX XXXXX XXX XXXX XXXXX XXXX XXXX
08/21/2002 - R UCC3 Amendment
(3930008763993)		 XXX XXXXXX XX XXXXXXXX XXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 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
$231,185
Municipal exemptions
Recent tax assessments
Market value
$4,405,000
Assessed value
$1,982,250

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 $5,146,000 $2,315,700 $1,891,900 12.439% $235,903 $213,602 +2.77%
2024/25 $4,581,000 $2,061,450 $1,746,830 12.5% $218,891 $207,840 +5.69%
2023/24 $4,447,000 $2,001,150 $1,650,820 12.502% $206,966 $196,643 +10.40%
2022/23 $3,972,000 $1,787,400 $1,504,790 12.267% $185,179 $178,114 +15.65%
2021/22 $2,926,000 $1,316,700 $1,311,780 12.235% $161,098 $154,018 -8.70%
2020/21 $3,531,000 $1,588,950 $1,375,190 12.267% $169,281 $168,695 +4.36%
2019/20 $3,518,000 $1,583,100 $1,295,940 12.473% $162,514 $161,643 +5.70%
2018/19 $2,826,000 $1,271,700 $1,212,510 12.612% $153,849 $152,922 +3.49%
2017/18 $2,765,000 $1,244,250 $1,161,810 12.719% $148,641 $147,771 +4.08%
2016/17 $2,693,000 $1,211,850 $1,101,270 12.892% $142,888 $141,976 +5.58%
Permits

Permit information for 500 Ocean Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/22/2017 Alteration type 2
08/06/2004 Alteration type 2
06/16/2004 Alteration type 2
04/28/1994 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
10/27/2025 B
10/27/2025 C
10/20/2025 B

*Most recent HPD violations on record for this property.

Neighborhood

Flatbush residential market stats

Access a detailed real estate market overview of Flatbush so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Flatbush and compare it to other neighborhoods in Brooklyn.

Median sale price

$535,500

-6.9% Y-o-Y

Median price/sq. ft.

$524

-16.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
St. Pauls Pl & Caton Ave at SE Corner
Station lines
B-Q
Distance (miles)
0.087
View subway map

Access the detailed traffic volume map for 500 Ocean Avenue, Brooklyn, NY 11226 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 375 Jackie Robinson School 6 Yes Public PK, K-5 262 0.99
P.S. 375 Jackie Robinson School 6 Yes Public PK, K-5 262 0.99
Practical Learning Center NR No Private PK-3 44 0.20
Practical Learning Center NR No Private PK-3 44 0.20
Success Academy Charter School-Nyc 8 9 No Charter K-4 560 0.24
P.S. 249 The Caton 8 No Public PK, K-5 710 0.26
P.S. 249 The Caton 8 No Public PK, K-5 710 0.26
Norma Adams Clemons Academy 4 No Public PK, K-5 588 0.29
Norma Adams Clemons Academy 4 No Public PK, K-5 588 0.29
Cycle Educational Center NR No Private PK, K-1 92 0.32
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Ms 246 Walt Whitman 3 Yes Public 6-8 308 0.45
Acad for College Prep & Career Exploration: A College Board School 3 No Public 6-12 394 0.22
Science Tech And Research High School At Erasmus 8 No Public 6-12 610 0.22
Flatbush Catholic Academy NR No Private PK, K-8 0 0.37
Holy Innocents School NR No Private PK, K-8 0 0.40
St Gregory The Great School NR No Private PK-8 218 0.41
St. John - Holy Trinity Anglica NR No Private 0 0.51
Achievement First Voyager Charter 6 No Charter 6-8 156 0.55
International Christian School NR No Private PK-12 85 0.58
Middle 839 5 No Public 6-8 321 0.64
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
High School for Youth and Community Development 3 No Public 9-12 463 0.22
Acad for College Prep & Career Exploration: A College Board School 3 No Public 6-12 394 0.22
High School For Service And Learning At Erasmus 2 No Public 9-12 234 0.22
Academy of Hospitality and Tourism 3 No Public 9-12 348 0.22
Science Tech And Research High School At Erasmus 8 No Public 6-12 610 0.22
St. John - Holy Trinity Anglica NR No Private 0 0.51
Brooklyn College Academy 7 No Public 9-12 631 0.55
International Christian School NR No Private PK-12 85 0.58
P.S. 141 NR No Public PK, K-10, 12 385 0.67
Lefferts Garden Montessori NR No Private 39 0.73

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 500 Ocean Avenue, Brooklyn, NY

1925 Church Ave, Brooklyn 470 Ocean Ave, Brooklyn 20 St Pauls CT, Brooklyn 157 St Pauls Pl, Brooklyn 55 E 18th St, Brooklyn 100 E 21st St, Brooklyn 21 St Pauls CT, Brooklyn 446 Ocean Ave, Brooklyn 1801 Church Ave, Brooklyn 1921 Church Ave, Brooklyn 1913 Church Ave, Brooklyn 1834 Caton Ave, Brooklyn 122 E 21st St, Brooklyn 1 St Pauls CT, Brooklyn 510 Ocean Ave, Brooklyn 1915 Church Ave, Brooklyn 1911 Church Ave, Brooklyn 15 E 18th St, Brooklyn

Nearby ZIP codes for 500 Ocean Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, 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 11223, New York City, NY 11225, New York City, NY 11229, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 500 Ocean Avenue, Brooklyn, NY 11226?

The development at 500 Ocean Avenue, Brooklyn, NY 11226 was built in 1931.

What is the total square footage of 500 Ocean Avenue, Brooklyn, NY 11226?

500 Ocean Avenue, Brooklyn, NY 11226 has a total of 87,951 square feet.

What is the assessed value of 500 Ocean Avenue, Brooklyn, NY 11226?

500 Ocean Avenue, Brooklyn, NY 11226 is currently assessed at $1,982,250.

What are the property taxes for 500 Ocean Avenue, Brooklyn, NY 11226?

The property taxes for 500 Ocean Avenue, Brooklyn, NY 11226 total $244,932.

How many residential units does this building have?

This building has 64 residential unit(s).

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