New York City  »  11230  »  Ocean Ave  »  1111 Ocean Ave

1111 Ocean Avenue, Brooklyn, NY 11230 - Property report

Also known as: 2002-2012 Farragut Rd

Property image for 1111 Ocean Avenue, Brooklyn, NY 11230
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Property type

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

Year built

1954

Lot sq. ft.

33,000

General information

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Address
Primary address
1111 Ocean Avenue
Alternate address(es)
1111-1145 Ocean Ave
2002-2012 Farragut Rd
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
05241-0031

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
157,493
Building dimensions
300 ft x 82.33 ft
Buildings on lot
1
Stories
6
Year built
1954
Tax
Tax year
2026-2027
Property tax
$538,951
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
103
Residential sq. ft.
Commercial units
1
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Ocean Avenue (wide)
Farragut Road (wide)
Distance to wide street
Lot dimensions
300 ft x 110 ft
Lot sq. ft.
33,000

Area overview

Walk score
80 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
22
Community district
14
Closest police station
0.87 Miles
Closest fire station
0.37 Miles

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

Ownership information for 1111 Ocean Avenue, Brooklyn, NY

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

Sales history for 1111 Ocean Avenue, Brooklyn, NY 11230

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/08/2026 - R UCC3 Termination
(2026070700522003)
XXXX XXXXX XXXXXX XXXXXXX XXXX XXXXXXXX XXXX XX
07/07/2026 - R Initial UCC1
(2026070600825005)
XXXX XXXXX XXXXXX XXXXXXX XXXX XXXXX XXXXX XXXX
07/07/2026 - R
06/29/2026 - D
Assignment of Leases and Rents
(2026070600825004)
XXXX XXXXX XXXXXX XXXXXXX XXXX XXXXX XXXXX XXXX
07/07/2026 - R
06/29/2026 - D
Agreement
(2026070600825003)
XXXX XXXXX XXXXXX XXXXXXX XXXX XXXXX XXXXX XXXX
07/07/2026 - R
06/29/2026 - D
Mortgage
(2026070600825001)
XXXX XXXXX XXXXXX XXXXXXX XXXX XXXXX XXXXX XXXX
07/08/2026 - R
06/25/2026 - D
Release
(2026070700522002)
XXXXXXXX XXXX XX XXXX XXXXX XXXXXX XXXXXXX XXXX
07/07/2026 - R
06/25/2026 - D
Assignment, Mortgage
(2026070600825002)
XXXXXXXX XXXX XX XXXXX XXXXX XXXX
07/08/2026 - R
06/23/2026 - D
Satisfaction of Mortgage
(2026070700522001)
XXXX XXXXX XXXXXX XXXXXXX XXXX XXXXX XXXXXX XXXXXX XXXXXXXXXX
04/07/2026 - R UCC3 Termination
(2026040700565002)
XXXXXX XXXXXX XXXXXX XXXXXXXXXX XXXXX XXXX
01/23/2019 - R UCC3 Continuation
(2019012200643001)
XXXX XXXXX XXXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1111 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
$538,951
Municipal exemptions
Recent tax assessments
Market value
$10,688,000
Assessed value
$4,809,600

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 $10,194,000 $4,587,300 $4,117,280 12.439% $512,433 $504,194 +4.51%
2024/25 $9,422,000 $4,239,900 $3,919,960 12.5% $490,264 $482,424 +5.67%
2023/24 $9,293,000 $4,181,850 $3,707,750 12.502% $463,833 $456,526 +7.46%
2022/23 $9,264,000 $4,168,800 $3,507,250 12.267% $430,528 $424,823 +6.61%
2021/22 $7,600,000 $3,420,000 $3,301,170 12.235% $404,199 $398,486 -2.69%
2020/21 $8,759,000 $3,941,550 $3,338,230 12.267% $409,794 $409,501 +1.31%
2019/20 $8,739,000 $3,932,550 $3,240,550 12.473% $404,484 $404,194 +9.30%
2018/19 $7,066,000 $3,179,700 $2,932,180 12.612% $370,116 $369,807 +8.88%
2017/18 $6,975,000 $3,138,750 $2,670,360 12.719% $339,933 $339,643 +14.95%
2016/17 $7,252,000 $3,263,400 $2,291,830 12.892% $295,767 $295,463 +22.92%

Permit information for 1111 Ocean Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/29/2026 Alteration
07/27/2026 Alteration
06/22/2026 Alteration
06/03/2026 Alteration
06/03/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
06/24/2026 A
06/24/2026 C
06/24/2026 C

*Most recent HPD violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Marlborough Rd & Newkirk Ave at SE Corner
Station lines
B-Q
Distance (miles)
0.264

Access the detailed traffic volume map for 1111 Ocean Avenue, Brooklyn, NY 11230 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 0.24
P.S. 315 5 Yes Public PK, K-5 541 0.24
School Of Science And Technology 4 Yes Public PK, K-5 490 0.24
School Of Science And Technology 4 Yes Public PK, K-5 490 0.24
Our Lady of Refuge School NR No Private PK, K-8 0 0.08
Our Lady of Refuge School NR No Private PK, K-8 0 0.08
Brooklyn Seventh-Day Adventist School NR No Private PK-8 102 0.23
Brooklyn Seventh-Day Adventist School NR No Private PK-8 102 0.23
Cortelyou Early Childhood Center NR No Private PK, K-5 0 0.24
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Our Lady of Refuge School NR No Private PK, K-8 0 0.08
Brooklyn Seventh-Day Adventist School NR No Private PK-8 102 0.23
Masores Bais Yaakov NR No Private PK-12 805 0.45
St. Jerome School NR No Private PK, K-8 302 0.54
Central Brooklyn Ascend Charter 8 No Charter K-8 778 0.54
Hebrew Institute for the Deaf NR No Private 0 0.57
Brooklyn Dreams Charter School 6 No Charter K-8 616 0.66
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Midwood High School 7 No Public 9-12 4,062 0.29
Masores Bais Yaakov NR No Private PK-12 805 0.45
Yeshiva Vyelipol NR No Private 9-12 98 0.51
Hebrew Institute for the Deaf NR No Private 0 0.57
St. John - Holy Trinity Anglica NR No Private 0 0.60
Yeshivah Of Flatbush Joel Braverman High School NR No Private 9-12 631 0.64

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

Frequently asked questions

What is the year built for 1111 Ocean Avenue, Brooklyn, NY 11230?

The development at 1111 Ocean Avenue, Brooklyn, NY 11230 was built in 1954.

What is the total square footage of 1111 Ocean Avenue, Brooklyn, NY 11230?

1111 Ocean Avenue, Brooklyn, NY 11230 has a total of 157,493 square feet.

What is the assessed value of 1111 Ocean Avenue, Brooklyn, NY 11230?

1111 Ocean Avenue, Brooklyn, NY 11230 is currently assessed at $4,809,600.

What are the property taxes for 1111 Ocean Avenue, Brooklyn, NY 11230?

The property taxes for 1111 Ocean Avenue, Brooklyn, NY 11230 total $546,184.

How many residential units does this building have?

This building has 103 residential unit(s).

Disclaimer

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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.

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