New York City » 11226 » Ocean Ave » 986 Ocean Ave

986 Ocean Avenue, Brooklyn, NY 11226 - Property report

Also known as: 986 Ab Ocean Ave

Property image for 986 Ocean Avenue, Brooklyn, NY 11226

Property type

Two Family Converted from One Family (B3)

Year built

1910

Lot sq. ft.

5,972

Sale price

$2,100,000

General information

Address

Primary address

986 Ocean Avenue

Alternate address(es)

986 Ab Ocean Ave
986 Garage Ocean Ave

ZIP code

11226

Neighborhood

Ditmas Park

Borough

Brooklyn

Block & lot

05205-0023

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

3,500

Building dimensions

26 ft x 40 ft

Buildings on lot

Stories

Year built

1910

Building material

Frame

Exterior wall

Combination

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

07/21/2023

Sale price

$2,100,000

Tax

Tax year

2026-2027

Property tax

$5,940

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

45.42 ft x 131.5 ft

Lot sq. ft.

5,972

Area overview

Walk score

85 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

81 /100. Very Bikeable

School district

Community district

Closest police station

0.92 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 986 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 986 Ocean Avenue, Brooklyn, NY 11226

Sale date	Sale price	Buyer name	Seller name
07/21/2023	$2,100,000	XXXXX, XXXXXX XXXXXXX XXX XXXXXXX, XXXXXX XXXXX	XXXXXXXX, XXXXX XXX XXX XXXXXXXX, XXXX XXXX
06/20/2011	$895,000	XXXXXXXX, XXXXX XXX XXX XXXXXXXX, XXXX XXXX	XXXXXX-XXXXXXX, XXXXX X XXX XXXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/29/2023 - R 08/15/2023 - D	Satisfaction of Mortgage (2023082200418001)	XXXXXXXX XXXXX XXX	XXXXXXXXXX XXXXXXX XXXXXX XXXXX
08/21/2023 - R 08/14/2023 - D	Satisfaction of Mortgage (2023081601066001)	XXXXXXXX XXXXX X	XXXXXXXXXXX XXXX XXXXX XXX
07/31/2023 - R 07/21/2023 - D	Mortgage (2023072500766004)	XXXXX XXXXXX XXXXXXX	XXXXXXXX XX
07/31/2023 - R 07/21/2023 - D	Deed (2023072500766003)	XXXXXXXX XXXXX XXX	XXXXX XXXXXX XXXXXXX
07/31/2023 - R 06/12/2023 - D	Power of Attorney (2023072500766002)	XXXXXXXX XXXXX XXX	XXXXX XXXXXX X
07/31/2023 - R 06/12/2023 - D	Power of Attorney (2023072500766001)	XXXXXXXX XXXX XXXX	XXXXX XXXXXX X
06/21/2021 - R 02/24/2021 - D	Agreement (2021052701414001)	XXXXXXXX XXXXX XXX	XXXX
04/06/2021 - R 02/24/2021 - D	Mortgage (2021033001265004)	XXXXXXXX XXXXX XXX	XXXX
04/06/2021 - R 02/05/2021 - D	Assignment, Mortgage (2021033001265003)	XXXXXX XXXXXXXXX XXXXXXXX XXX	XXXX
07/15/2021 - R 02/04/2021 - D	Subordination of Mortgage (2021070600826001)	XXXXXXXXXX XXXXXXX XXXXXX XXXXX	XXXXXX XXXXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 986 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

$5,940

Municipal exemptions

Recent tax assessments

Market value

$2,670,000

Assessed value

$160,200

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	$2,519,000	$151,140	$48,950	19.843%	$9,713	$9,713	+4.72%
2024/25	$1,990,000	$119,400	$46,182	20.085%	$9,276	$9,276	0.00%
2023/24	$2,297,000	$137,820	$46,182	20.085%	$9,276	$9,276	-0.35%
2022/23	$1,880,000	$112,800	$45,832	20.309%	$9,308	$9,308	+7.83%
2021/22	$1,780,000	$106,800	$43,238	19.963%	$8,632	$8,632	+0.55%
2020/21	$1,786,000	$107,160	$40,792	21.045%	$8,585	$8,585	+5.38%
2019/20	$1,870,000	$112,200	$38,485	21.167%	$8,146	$8,146	+5.18%
2018/19	$1,825,000	$109,500	$37,025	20.919%	$8,051	$7,745	+3.46%
2017/18	$1,391,000	$83,460	$36,723	20.385%	$7,786	$7,486	+8.60%
2016/17	$1,305,000	$78,300	$34,482	19.991%	$7,203	$6,893	+8.76%

Permits

Permit information for 986 Ocean Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/06/2026	Alteration
10/03/2025	Alteration
09/09/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Ditmas Park residential market stats

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

Median sale price

$620,000

-25.6% Y-o-Y

Median price/sq. ft.

$613

-18.8% 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 & Newkirk Ave at SE Corner

Station lines

B-Q

Distance (miles)

0.295

View subway map

Access the detailed traffic volume map for 986 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. 315	5	Yes	Public	PK, K-5	541	0.47
P.S. 315	5	Yes	Public	PK, K-5	541	0.47
School Of Science And Technology	4	Yes	Public	PK, K-5	490	0.47
School Of Science And Technology	4	Yes	Public	PK, K-5	490	0.47
Our Lady of Refuge School	NR	No	Private	PK, K-8	0	0.18
Our Lady of Refuge School	NR	No	Private	PK, K-8	0	0.18
Cortelyou Early Childhood Center	NR	No	Private	PK, K-5	0	0.35
Cortelyou Early Childhood Center	NR	No	Private	PK, K-5	0	0.35
Get Set Kindergarten	NR	No	Private	PK, K-5	112	0.35
P.S. 139 Alexine A Fenty	6	No	Public	PK, K-5	729	0.40

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 62 Ditmas	7	Yes	Public	6-8	900	0.64
Our Lady of Refuge School	NR	No	Private	PK, K-8	0	0.18
St. John - Holy Trinity Anglica	NR	No	Private		0	0.35
Brooklyn Seventh-Day Adventist School	NR	No	Private	PK-8	102	0.48
Holy Innocents School	NR	No	Private	PK, K-8	0	0.50
St. Jerome School	NR	No	Private	PK, K-8	302	0.52
Central Brooklyn Ascend Charter	8	No	Charter	K-8	778	0.53
Brooklyn Dreams Charter School	6	No	Charter	K-8	616	0.71
Ms 246 Walt Whitman	3	No	Public	6-8	308	0.74

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
St. John - Holy Trinity Anglica	NR	No	Private		0	0.35
Midwood High School	7	No	Public	9-12	4,062	0.52
Bonim Lamokom	NR	No	Private		35	0.53
Torah Vodaath High School	NR	No	Private	9-12	0	0.55
Masores Bais Yaakov	NR	No	Private	PK-12	805	0.70
Yeshiva & Mesivta Torah Temimah	NR	No	Private	PK, K-12	622	0.72
Acad for College Prep & Career Exploration: A College Board School	3	No	Public	6-12	394	0.76
High School for Youth and Community Development	3	No	Public	9-12	463	0.76
Academy of Hospitality and Tourism	3	No	Public	9-12	348	0.76
High School For Service And Learning At Erasmus	2	No	Public	9-12	234	0.76

Frequently asked questions

What is the year built for 986 Ocean Avenue, Brooklyn, NY 11226?

The development at 986 Ocean Avenue, Brooklyn, NY 11226 was built in 1910.

What is the total square footage of 986 Ocean Avenue, Brooklyn, NY 11226?

986 Ocean Avenue, Brooklyn, NY 11226 has a total of 3,500 square feet.

When was 986 Ocean Avenue, Brooklyn, NY 11226 last sold and what was the sale price?

986 Ocean Avenue, Brooklyn, NY 11226 was last sold on 07/21/2023 for $2,100,000.

What is the assessed value of 986 Ocean Avenue, Brooklyn, NY 11226?

986 Ocean Avenue, Brooklyn, NY 11226 is currently assessed at $160,200.

What are the property taxes for 986 Ocean Avenue, Brooklyn, NY 11226?

The property taxes for 986 Ocean Avenue, Brooklyn, NY 11226 total $10,295.

How many residential units does this building have?

This building has 2 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.