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178 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 513-529 Albemarle Rd

Property image for 178 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1928

Lot sq. ft.

27,000

General information

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Address
Primary address
178 Ocean Parkway
Alternate address(es)
162 Ocean Pkwy
513-529 Albemarle Rd
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05328-0037

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
94,050
Building dimensions
180 ft x 106.33 ft
Buildings on lot
1
Stories
6
Year built
1928
Tax
Tax year
2026-2027
Property tax
$383,656
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
96
Residential sq. ft.
Lot
Lot dimensions
180 ft x 150 ft
Lot sq. ft.
27,000

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
1.05 Miles
Closest fire station
0.34 Miles

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

Ownership information for 178 Ocean Parkway, Brooklyn, NY

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

Sales history for 178 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
01/20/2022 - R
01/05/2022 - D
Agreement
(2022011200966004)
XXX XXXXXX XXXXXXXXXX X X X XXXXXXXX XXXXX XXXX XX
01/20/2022 - R
01/05/2022 - D
Mortgage
(2022011200966003)
XXX XXXXXX XXXXXXXXXX X X X XXXXXXXX XXXXX XXXX XX
01/20/2022 - R
01/05/2022 - D
Assignment, Mortgage
(2022011200966002)
XXXX XXXXXXXXX XXXX XXXXXXXX XXXXX XXXX XX
01/20/2022 - R
01/05/2022 - D
Termination of Assign of L&R
(2022011200966001)
XXXX XXXXXXXXX XXXX XXX XXXXXX XXXXXXXXXX X X X
02/13/2017 - R UCC3 Termination
(2017021001020006)
XXX XXXXXX XXXXXXXXXX X X X XXXX XXXXXXXXX XXXX
02/13/2017 - R Initial UCC1
(2017021001020005)
XXX XXXXXX XXXXXXXXXX X X X XXXX XXXXXXXXX XXXX
02/13/2017 - R
02/07/2017 - D
Assignment of Leases and Rents
(2017021001020004)
XXX XXXXXX XXXXXXXXXX X X X XXXX XXXXXXXXX XXXX
02/13/2017 - R
02/07/2017 - D
Agreement
(2017021001020003)
XXX XXXXXX XXXXXXXXXX X X X XXXX XXXXXXXXX XXXX
02/13/2017 - R
02/07/2017 - D
Mortgage
(2017021001020002)
XXX XXXXXX XXXXXXXXXX X X X XXXX XXXXXXXXX XXXX
02/13/2017 - R
02/07/2017 - D
Termination of Assign of L&R
(2017021001020001)
XXX XXXXXX XXXXXXXXXX X X X XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 178 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
$383,656
Municipal exemptions
Recent tax assessments
Market value
$6,854,000
Assessed value
$3,084,300

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 $7,440,000 $3,348,000 $3,158,910 12.439% $392,937 $392,937 +42.22%
2024/25 $7,352,000 $3,308,400 $3,114,450 12.5% $389,306 $276,279 -27.53%
2023/24 $7,229,000 $3,253,050 $3,049,170 12.502% $381,207 $381,207 +7.80%
2022/23 $6,406,000 $2,882,700 $2,882,700 12.267% $353,621 $353,621 -3.74%
2021/22 $6,672,000 $3,002,400 $3,002,400 12.235% $367,344 $367,344 +3.70%
2020/21 $6,946,000 $3,125,700 $2,887,795 12.267% $354,246 $354,246 +1.17%
2019/20 $7,074,000 $3,183,300 $2,807,215 12.473% $350,144 $350,144 +7.79%
2018/19 $7,312,000 $3,290,400 $2,575,735 12.612% $324,852 $324,852 +11.55%
2017/18 $6,765,000 $3,044,250 $2,289,690 12.719% $291,226 $291,226 +12.24%
2016/17 $5,322,000 $2,394,900 $2,012,670 12.892% $259,473 $259,473 +11.46%

Permit information for 178 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/21/2019 Alteration
02/21/2019 Alteration type 2
11/30/2018 Alteration
11/29/2018 Alteration
08/15/2016 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/10/2024 Aeuhaz1-fail to certify class 1 none
05/21/2021 E-elevator elevatorrequired
05/21/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
-

Subway & traffic

Closest station
McDonald Ave & Albemarle Rd at SE Corner
Station lines
F
Distance (miles)
0.236

Access the detailed traffic volume map for 178 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

Frequently asked questions

What is the year built for 178 Ocean Parkway, Brooklyn, NY 11218?

The development at 178 Ocean Parkway, Brooklyn, NY 11218 was built in 1928.

What is the total square footage of 178 Ocean Parkway, Brooklyn, NY 11218?

178 Ocean Parkway, Brooklyn, NY 11218 has a total of 94,050 square feet.

What is the assessed value of 178 Ocean Parkway, Brooklyn, NY 11218?

178 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $3,084,300.

What are the property taxes for 178 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 178 Ocean Parkway, Brooklyn, NY 11218 total $383,656.

How many residential units does this building have?

This building has 96 residential unit(s).

Disclaimer

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