New York City  »  11218  »  Ocean Pkwy  »  40 Ocean Pkwy

40 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 82 E 7th St

Property image for 40 Ocean Parkway, Brooklyn, NY 11218
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Property type

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

Year built

1939

Lot sq. ft.

18,820

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
40 Ocean Parkway
Alternate address(es)
82 E 7th St
ZIP code
11218
Neighborhood
Windsor Terrace
Borough
Brooklyn
Block & lot
05285-0040

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
86,420
Building dimensions
162.75 ft x 88.5 ft
Buildings on lot
1
Stories
6
Year built
1939
Tax
Tax year
2026-2027
Property tax
$186,328
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
67
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 7 Street (narrow)
Ocean Parkway (narrow)
Nearest wide street
Fort Hamilton Parkway
Distance to wide street
Lot dimensions
204.42 ft x 100 ft
Lot sq. ft.
18,820

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
1.37 Miles
Closest fire station
0.02 Miles

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

Units for 40 Ocean Parkway, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1A 07/17/2025
Unit 1B 11/07/2019
Unit 1C 07/08/2021
Unit 1D
Unit 1E
Unit 1F 02/07/2024
Unit 1G
Unit 1H 12/05/2018 1,582
Unit 1J 07/09/2024
Unit 1K
Unit 1K,L 10/24/2022
Unit 1L
Unit 2A 08/10/2017 1,050
Unit 2B 06/05/2018 1,018
Unit 2C 11/03/2014
Unit 2D 02/17/2005 1,082
Unit 2E 12/10/2004
Unit 2F 07/17/2019 450
Unit 2G
Unit 2H
Unit 2J 10/08/2009
Unit 2K 03/18/2015
Unit 2L 06/26/2013
Unit 3A 04/17/2024
Unit 3B 10/19/2022
Unit 3C
Unit 3D 05/23/2022
Unit 3E
Unit 3F
Unit 3G
Unit 3H 01/27/2011
Unit 3J 05/15/2008
Unit 3K 03/26/2015
Unit 3K,L
Unit 3L 08/15/2013
Unit 4A 12/22/2021
Unit 4B 07/08/2004
Unit 4C
Unit 4C-5C 05/06/2024
Unit 4D 12/10/2019
Unit 4E 08/23/2006
Unit 4F 11/30/2023
Unit 4H
Unit 4J 03/07/2013 1,366
Unit 4K
Unit 4L 11/25/2013 750
Unit 5A 11/30/2015
Unit 5B 09/22/2014
Unit 5C
Unit 5D
Unit 5E 10/06/2022
Unit 5F 09/16/2015
Unit 5G
Unit 5H
Unit 5J 01/24/2008
Unit 5K 06/30/2020
Unit 5L 10/22/2018
Unit 6A
Unit 6D
Unit 6E
Unit 6G 03/14/2011
Unit 6H 06/30/2021
Unit 6J 05/25/2017 1,300
Unit 6K 03/03/2015
Unit 6L 08/19/2014
Unit B3
Unit G3
Ownership

Ownership information for 40 Ocean Parkway, Brooklyn, NY

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

Sales history for 40 Ocean Parkway, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/13/2019 - R Initial UCC1
(2019091300157004)		 XX XXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
09/13/2019 - R
08/29/2019 - D		 Assignment of Leases and Rents
(2019091300157003)		 XX XXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
09/13/2019 - R
08/29/2019 - D		 Agreement
(2019091300157002)		 XX XXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
09/13/2019 - R
08/29/2019 - D		 Mortgage
(2019091300157001)		 XX XXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
03/17/2017 - R UCC3 Continuation
(2017031601061001)		 XX XXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
05/11/2012 - R Initial UCC1
(2012050101262004)		 XX XXXXX XXXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXXX XXXX
05/11/2012 - R
04/26/2012 - D		 Assignment of Leases and Rents
(2012050101262003)		 XX XXXXX XXXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXXX XXXX
05/11/2012 - R
04/26/2012 - D		 Agreement
(2012050101262002)		 XX XXXXX XXXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXXX XXXX
05/11/2012 - R
04/26/2012 - D		 Mortgage
(2012050101262001)		 XX XXXXX XXXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXXX XXXX
05/05/2009 - R Initial UCC1
(2009042900375001)		 XX XXXXX XXXXXXX XXXXXXX XXX X XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 Ocean Parkway, 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
$186,328
Municipal exemptions
Recent tax assessments
Market value
$4,633,000
Assessed value
$2,084,850

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 $4,961,000 $2,232,450 $1,885,710 12.439% $238,836 $173,752 +1.47%
2024/25 $4,548,000 $2,046,600 $1,813,300 12.5% $230,963 $171,231 +4.38%
2023/24 $4,331,000 $1,948,950 $1,751,360 12.502% $223,596 $164,053 +0.65%
2022/23 $3,977,000 $1,789,650 $1,727,290 12.267% $216,578 $163,001 +16.99%
2021/22 $3,517,000 $1,582,650 $1,538,370 12.235% $193,637 $139,334 -30.17%
2020/21 $4,157,000 $1,870,650 $1,626,520 12.267% $205,096 $199,525 +7.50%
2019/20 $3,890,000 $1,750,500 $1,488,070 12.473% $191,129 $185,607 +6.72%
2018/19 $4,076,000 $1,834,200 $1,379,030 12.612% $180,103 $173,923 +12.28%
2017/18 $3,580,000 $1,611,000 $1,217,910 12.719% $160,706 $154,906 +12.47%
2016/17 $2,874,000 $1,293,300 $1,068,350 12.892% $143,817 $137,732 +10.68%
Permits

Permit information for 40 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/11/2025 Alteration
04/05/2024 Alteration
10/06/2023 Alteration
07/04/2023 Alteration
05/09/2023 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
05/04/2026 A
06/09/2025 A
02/24/2022 A

*Most recent HPD violations on record for this property.

Neighborhood

Windsor Terrace residential market stats

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

Median sale price

$820,000

-18% Y-o-Y

Median price/sq. ft.

$900

-8.6% 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
Prospect Expwy & Fort Hamilton Pkwy at NW Corner
Station lines
F
Distance (miles)
0.071
View subway map

Access the detailed traffic volume map for 40 Ocean Parkway, Brooklyn, NY 11218 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. 130 The Parkside 6 Yes Public PK, K-5 834 0.14
P.S. 130 The Parkside 6 Yes Public PK, K-5 834 0.14
International Christian School NR No Private PK-12 85 0.13
International Christian School NR No Private PK-12 85 0.13
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.27
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.28
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.28
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.43
Windsor Terrace School (The) 8 No Public K-5 413 0.45
P.S. 249 The Caton 8 No Public PK, K-5 710 0.45
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.88
International Christian School NR No Private PK-12 85 0.13
Middle 839 5 No Public 6-8 321 0.21
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.26
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.27
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.28
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.43
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.44
Middle 890 7 No Public 6-8 301 0.46
MS 442 Carroll Gardens School for Innovation 9 No Public 6-8 344 0.57
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
International Christian School NR No Private PK-12 85 0.13
Brooklyn College Academy 7 No Public 9-12 631 0.19
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.26
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.27
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.43
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.47
Mesilas Bais Yaakov NR No Private 9-12 260 0.74
Bnos Yerushalayim School NR No Private PK-12 1,156 0.80
High School For Service And Learning At Erasmus 2 No Public 9-12 234 0.91
Academy of Hospitality and Tourism 3 No Public 9-12 348 0.91

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

Neighbors for 40 Ocean Parkway, Brooklyn, NY

712 Greenwood Ave, Brooklyn 35 E 7th St, Brooklyn 702 Greenwood Ave, Brooklyn 704 Greenwood Ave, Brooklyn 710 Greenwood Ave, Brooklyn 78 E 7th St, Brooklyn 52 E 7th St, Brooklyn 72 E 7th St, Brooklyn 1311 Prospect Ave, Brooklyn 70 E 7th St, Brooklyn 1301 Prospect Ave, Brooklyn 30 Ocean Pkwy, Brooklyn 29 E 7th St, Brooklyn 74 E 7th St, Brooklyn 612 Greenwood Ave, Brooklyn 1309 Prospect Ave, Brooklyn 33 E 7th St, Brooklyn 31 E 7th St, Brooklyn 706 Greenwood Ave, Brooklyn 1305 Prospect Ave, Brooklyn

Nearby ZIP codes for 40 Ocean Parkway, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 40 Ocean Parkway, Brooklyn, NY 11218?

The development at 40 Ocean Parkway, Brooklyn, NY 11218 was built in 1939.

What is the total square footage of 40 Ocean Parkway, Brooklyn, NY 11218?

40 Ocean Parkway, Brooklyn, NY 11218 has a total of 86,420 square feet.

What is the assessed value of 40 Ocean Parkway, Brooklyn, NY 11218?

40 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $2,084,850.

What are the property taxes for 40 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 40 Ocean Parkway, Brooklyn, NY 11218 total $244,003.

How many residential units does this building have?

This building has 67 residential unit(s).

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