Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 Property Information
Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Building name | Morris Realty |
| Primary address | Morris Realty - 125 Ocean Parkway |
| Secondary address | 602-618 Caton Ave |
| Neighborhood | Kensington |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05329-0001 |
Sales & Tax Overview for 125 Ocean Parkway, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $428,396 |
Lot & Building Information for 125 Ocean Parkway, Brooklyn
| Lot sq. ft. | 28,767 |
| Lot dimensions | |
| Property type | Elevator Apartment - Semi-fireproof without Stores (D1)
|
| Building sqft | 94,252 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 6 |
| Year built | 1940 |
| Construction type | Register |
Area Overview
| School district | 15 |
| Community district | 12 |
| Closest police station | 1.14 Miles |
| Closest fire station | 0.25 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 125 Ocean Parkway, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 602-618 Caton Ave, Brooklyn, NY 11218
- 115-131 Ocean Pkwy, Brooklyn, NY 11218
About 125 Ocean Parkway, Brooklyn
Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 was built in 1940 and has a total of 94,252 square feet.
What is the assessed value of Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 and the property tax paid?Assessed at $3,751,650, the tax amount paid for Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 is $421,153. For the next year, the tax amount for Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 is estimated at $428,396.
When was Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 last sold?Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 was last sold in 01/01/1997.
How many residential units does this building have?This building has 84 residential unit(s).
Ownership Information for 125 Ocean Parkway, Brooklyn
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Past Sales & Property History for 125 Ocean Parkway, Brooklyn
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No recorded sales for this property.
Title Documents for 125 Ocean Parkway, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 125 Ocean Parkway, Brooklyn
Access detailed property tax data for Morris Realty - Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $421,153 |
| Estimated property tax: | $428,396 |
| Tax assessor's market value: | $8,337,000 |
| Assessed value: | $3,751,650 |
Assessment History for 125 Ocean Parkway, Brooklyn
Here's the assessment & property tax history for 125 Ocean Parkway, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $8,337,000 | $3,751,650 | $3,385,750 | 12.439% | $421,153 | $421,153 | +3.89% |
| 2024/25 | $7,207,000 | $3,243,150 | $3,243,150 | 12.5% | $405,394 | $405,394 | +2.93% |
| 2023/24 | $7,001,000 | $3,150,450 | $3,150,450 | 12.502% | $393,869 | $393,869 | -5.80% |
| 2022/23 | $8,172,000 | $3,677,400 | $3,408,368 | 12.267% | $418,105 | $418,105 | +8.07% |
| 2021/22 | $7,830,000 | $3,523,500 | $3,161,983 | 12.235% | $386,869 | $386,869 | +7.81% |
Permits for 125 Ocean Parkway, Brooklyn
The complete history of permits filed for 125 Ocean Parkway, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Prospect Expwy & Fort Hamilton Pkwy at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.193 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Caton Av/Ocean Py | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.038 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 125 Ocean Parkway, Brooklyn
Here are the neighbors for Morris Realty - Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 200 E 7th St, Brooklyn | 1,566 | 03/06/2025 | |
| 210 E 7th St, Brooklyn | 2,356 | 10/10/2003 | $355,000 |
| 230 E 7th St, Brooklyn | 2,452 | 12/11/2001 | |
| 221 E 5th St, Brooklyn | 12,800 | 06/12/1998 | |
| 239 E 5th St, Brooklyn | 3,492 | 03/09/2026 | |
| 222 E 7th St, Brooklyn | 1,276 | 06/28/2023 | $1,375,000 |
| 226 E 7th St, Brooklyn | 2,659 | 05/19/2022 | |
| 233 E 5th St, Brooklyn | 2,261 | 06/04/2021 | $1,815,000 |
| 243 E 5th St, Brooklyn | 1,924 | 07/28/2017 | $1,450,000 |
| 255 E 5th St, Brooklyn | 2,992 | 05/28/2024 | $10 |
| 225 E 5th St, Brooklyn | 3,684 | 09/19/2016 | |
| 234 E 7th St, Brooklyn | 1,815 | 07/18/2016 | $1,447,000 |
| 214 E 7th St, Brooklyn | 1,925 | 12/23/1998 | |
| 247 E 5th St, Brooklyn | 2,229 | 11/13/2023 | $1,800,000 |
| 207 E 5th St, Brooklyn | 1,716 | 04/04/2007 | |
| 204 E 7th St, Brooklyn | 1,500 | 04/30/2024 | $1,520,000 |
| 229 E 5th St, Brooklyn | 1,845 | 06/22/2000 | |
| 231 E 5th St, Brooklyn | 1,794 | 05/25/2012 | $635,000 |