Kings  »  11218  »  Ocean Pkwy  »  125 Ocean Pkwy

Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 602-618 Caton Ave

Property image for Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1940

Lot sq. ft.

28,767

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
Building name
Morris Realty
Primary address
Morris Realty - 125 Ocean Parkway
Alternate address(es)
115-131 Ocean Pkwy
125-131 Ocean Pkwy
602-618 Caton Ave
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05329-0001

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
94,252
Building dimensions
189 ft x 112 ft
Buildings on lot
1
Stories
6
Year built
1940
Building material
Tax
Tax year
2026-2027
Property tax
$428,397
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
84
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
216.33 ft x 157.83 ft
Lot sq. ft.
28,767

Area overview

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

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

Ownership information for Morris Realty - 125 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 Morris Realty - 125 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
08/29/2024 - R UCC3 Continuation
(2024082900589001)
XXXXXX XXXXXX XX XXX XXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/11/2019 - R Initial UCC1
(2019101001185001)
XXXXXX XXXXXX XX XXX XXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
04/24/2019 - R
04/01/2019 - D
Memorandum of Lease
(2019042300860001)
XXXXXX XXXXXX XX XXX XXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX
03/26/2002 - R Agreement
(3930008088393)
XXXXXX XXXXXX XX XXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
03/26/2002 - R Mortgage
(3420008088242)
XXXXXX XXXXXX XX XXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
03/26/2002 - R Assignment, Mortgage
(3490008088349)
XXXXXXXXXXXX XXXXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
03/26/2002 - R Assignment, Mortgage
(3110008088311)
XXXXXXXXXXXX XXXXXXXXX XXXX XXXXXXXXXXXX XXXXXXXXX XXXXXX XXXX
03/14/2002 - R Initial UCC1
(3830008045683)
XXXXXX XXXXXX XX XXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
03/14/2002 - R UCC3 Termination
(3150008064215)
XXXXXX XXXXXX XXXXXXX XXXXXXXXXXXX XXXXXXXXXXX
03/04/1997 - R
01/01/1997 - D
Deed
(3620005534162)
XXXXXX XXXXXX XXXXXXX XXXXXX XXXXXX XX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Morris Realty - 125 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
$428,397
Municipal exemptions
Recent tax assessments
Market value
$8,477,000
Assessed value
$3,814,650

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 $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%
2020/21 $7,638,000 $3,437,100 $2,925,180 12.267% $358,832 $358,832 +5.73%
2019/20 $7,316,000 $3,292,200 $2,720,970 12.473% $339,387 $339,387 +7.21%
2018/19 $6,793,000 $3,056,850 $2,510,100 12.612% $316,574 $316,574 +8.64%
2017/18 $5,391,000 $2,425,950 $2,290,950 12.719% $291,386 $291,386 +3.94%
2016/17 $5,364,000 $2,413,800 $2,174,490 12.892% $280,335 $280,335 +9.80%

Permit information for Morris Realty - 125 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/25/2025 Alteration
05/05/2025 Alteration
10/01/2024 Alteration
06/22/2023 Alteration
03/20/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/03/2024 Bench-failure to benchmark none
10/04/2023 Aeuhaz1-fail to certify class 1 none
10/04/2023 Aeuhaz1-fail to certify class 1 none

*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
Prospect Expwy & Fort Hamilton Pkwy at NW Corner
Station lines
F
Distance (miles)
0.193

Access the detailed traffic volume map for Morris Realty - 125 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 Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218?

The development at Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 was built in 1940.

What is the total square footage of Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218?

Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 has a total of 94,252 square feet.

What is the assessed value of Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218?

Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $3,814,650.

What are the property taxes for Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for Morris Realty - 125 Ocean Parkway, Brooklyn, NY 11218 total $428,396.

How many residential units does this building have?

This building has 84 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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