New York City » 11226 » Ocean Ave » 700 Ocean Ave

700 Ocean Avenue, Brooklyn, NY 11226 - Property report

Also known as: 688 Ocean Ave

Property image for 700 Ocean Avenue, Brooklyn, NY 11226

Property type

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

Year built

1924

Lot sq. ft.

21,225

Sale price

$9,075,000

General information

Address

Primary address

700 Ocean Avenue

Alternate address(es)

688 Ocean Ave

ZIP code

11226

Neighborhood

Prospect Park South

Borough

Brooklyn

Block & lot

05123-0025

Building

Property type

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

Building sq. ft.

81,312

Building dimensions

150 ft x 125 ft

Buildings on lot

Stories

Year built

1924

Last altered

2018

Sales

Sale date

09/13/2012

Sale price

$9,075,000

Tax

Tax year

2026-2027

Property tax

$227,540

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Ocean Avenue (wide)

Distance to wide street

Lot dimensions

150 ft x 141.5 ft

Lot sq. ft.

21,225

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

86 /100. Very Bikeable

School district

Community district

Closest police station

1.23 Miles

Closest fire station

0.48 Miles

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

Ownership

Ownership information for 700 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 700 Ocean Avenue, Brooklyn, NY 11226

Sale date	Sale price	Buyer name	Seller name
09/13/2012	$9,075,000	XXX XXXXX, XXX	XXXXX XXXXXXX XXXXXXXX, XXX
09/16/2008	$7,500,000	XXXXX XXXXXXX XXXXXXXX, XXX	XXX XXXXX XXXXXX XXXXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/20/2026 - R	Initial UCC1 (2026071700373007)	XXX XXXXX XX XXXXXX XXX	XXXXXXXX XXXX X X
09/28/2012 - R	UCC3 Termination (2012091901409007)	XXXXX XXXXXXX XXXXXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/28/2012 - R	Initial UCC1 (2012091901409005)	XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/28/2012 - R 09/13/2012 - D	Termination of Assign of L&R (2012091901409006)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/28/2012 - R 09/13/2012 - D	Assignment of Leases and Rents (2012091901409004)	XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/28/2012 - R 09/13/2012 - D	Agreement (2012091901409003)	XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/28/2012 - R 09/13/2012 - D	Mortgage (2012091901409002)	XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/28/2012 - R 09/13/2012 - D	Deed (2012091901409001)	XXXXX XXXXXXX XXXXXXXX XXX	XXX XXXXX XXX
06/22/2011 - R	Initial UCC1 (2011062000090001)	XXXXX XXXXXXX XXXXXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/17/2008 - R 09/16/2008 - D	Agreement (2008092300398004)	XXXXXXXXXX XXXXXX XXXX	XXXXX XXXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 700 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

$227,540

Municipal exemptions

Recent tax assessments

Market value

$4,374,000

Assessed value

$1,968,300

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	$4,172,000	$1,877,400	$1,715,590	12.439%	$213,402	$213,402	+4.57%
2024/25	$4,018,000	$1,808,100	$1,632,626	12.5%	$204,078	$204,078	+3.58%
2023/24	$3,908,000	$1,758,600	$1,575,947	12.502%	$197,025	$197,025	+5.10%
2022/23	$3,853,000	$1,733,850	$1,528,206	12.267%	$187,465	$187,465	+1.25%
2021/22	$3,363,000	$1,513,350	$1,513,350	12.235%	$185,158	$185,158	+2.60%
2020/21	$3,336,000	$1,501,200	$1,471,140	12.267%	$180,465	$180,465	+2.75%
2019/20	$3,253,000	$1,463,850	$1,408,140	12.473%	$175,637	$175,637	+4.61%
2018/19	$3,242,000	$1,458,900	$1,331,190	12.612%	$167,890	$167,890	+7.59%
2017/18	$3,235,000	$1,455,750	$1,226,880	12.719%	$156,047	$156,047	+11.68%
2016/17	$3,280,000	$1,476,000	$1,083,870	12.892%	$139,733	$139,733	+17.47%

Permits

Permit information for 700 Ocean Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/12/2021	Alteration
09/01/2021	Alteration
07/02/2020	Alteration
03/03/2020	Alteration
02/24/2020	Alteration

*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
	04/11/2026	C
	04/11/2026	C
	04/11/2026	A

*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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Marlborough Rd & Beverly Rd at SE Corner

Station lines

B-Q

Distance (miles)

0.23

View subway map

Access the detailed traffic volume map for 700 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. 245	7	Yes	Public	PK, K-5	223	0.13
P.S. 245	7	Yes	Public	PK, K-5	223	0.13
Holy Innocents School	NR	No	Private	PK, K-8	0	0.14
Holy Innocents School	NR	No	Private	PK, K-8	0	0.14
Get Set Kindergarten	NR	No	Private	PK, K-5	112	0.17
Get Set Kindergarten	NR	No	Private	PK, K-5	112	0.17
St. John - Holy Trinity Anglica	NR	No	Private		0	0.17
Success Academy Charter School-Nyc 8	9	No	Charter	K-4	560	0.27
Norma Adams Clemons Academy	4	No	Public	PK, K-5	588	0.32
Norma Adams Clemons Academy	4	No	Public	PK, K-5	588	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	0.41
Holy Innocents School	NR	No	Private	PK, K-8	0	0.14
St. John - Holy Trinity Anglica	NR	No	Private		0	0.17
Science Tech And Research High School At Erasmus	8	No	Public	6-12	610	0.29
Acad for College Prep & Career Exploration: A College Board School	3	No	Public	6-12	394	0.29
Flatbush Catholic Academy	NR	No	Private	PK, K-8	0	0.47
St Gregory The Great School	NR	No	Private	PK-8	218	0.47
Middle 890	7	No	Public	6-8	301	0.56
Middle 839	5	No	Public	6-8	321	0.68
Our Lady of Refuge School	NR	No	Private	PK, K-8	0	0.69

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
St. John - Holy Trinity Anglica	NR	No	Private		0	0.17
Science Tech And Research High School At Erasmus	8	No	Public	6-12	610	0.29
Acad for College Prep & Career Exploration: A College Board School	3	No	Public	6-12	394	0.29
Academy of Hospitality and Tourism	3	No	Public	9-12	348	0.29
High School for Youth and Community Development	3	No	Public	9-12	463	0.29
High School For Service And Learning At Erasmus	2	No	Public	9-12	234	0.29
Brooklyn College Academy	7	No	Public	9-12	631	0.64
International Christian School	NR	No	Private	PK-12	85	0.70
Bonim Lamokom	NR	No	Private		35	0.70
Torah Vodaath High School	NR	No	Private	9-12	0	0.70

Frequently asked questions

What is the year built for 700 Ocean Avenue, Brooklyn, NY 11226?

The development at 700 Ocean Avenue, Brooklyn, NY 11226 was built in 1924.

What is the total square footage of 700 Ocean Avenue, Brooklyn, NY 11226?

700 Ocean Avenue, Brooklyn, NY 11226 has a total of 81,312 square feet.

When was 700 Ocean Avenue, Brooklyn, NY 11226 last sold and what was the sale price?

700 Ocean Avenue, Brooklyn, NY 11226 was last sold on 09/13/2012 for $9,075,000.

What is the assessed value of 700 Ocean Avenue, Brooklyn, NY 11226?

700 Ocean Avenue, Brooklyn, NY 11226 is currently assessed at $1,968,300.

What are the property taxes for 700 Ocean Avenue, Brooklyn, NY 11226?

The property taxes for 700 Ocean Avenue, Brooklyn, NY 11226 total $227,540.

How many residential units does this building have?

This building has 66 residential unit(s).

Disclaimer

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.