Kings  »  11218  »  Ocean Pkwy  »  175 Ocean Pkwy

175 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 175 Ocean Pkwy

Property image for 175 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1923

Lot sq. ft.

15,000

Sale price

$11,000,000

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
175 Ocean Parkway
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05329-0068

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
38,800
Building dimensions
100 ft x 108.5 ft
Buildings on lot
1
Stories
4
Year built
1923
Last altered
2023
Building material
Sales
Sale date
09/01/2015
Sale price
$11,000,000
Tax
Tax year
2026-2027
Property tax
$57,264
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
43
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 150 ft
Lot sq. ft.
15,000

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
15
Community district
12
Closest police station
1.07 Miles
Closest fire station
0.34 Miles

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

Ownership

Ownership information for 175 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 175 Ocean Parkway, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
09/01/2015 $11,000,000 XXXXXXXX XXXXXXXX XXX XXXXXX XXXXXXXX XXXX XXXX, XXX XXX XXXXXX XXXXXXXX XXXXX XXXXXXX, XXX XXX XXXXXX XXXXXXXX XXXXXX XXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/24/2025 - R UCC3 Assignment
(2025061800831002)		 XXX XXXX XXXX XXXXXX XXXX XXXX XXXXXX XXXXXXX XXX
03/10/2025 - R Initial UCC1
(2025030700914001)		 XXX XXXX XXXX XXXXXX XXXX XXXX XXXXXX XXXXXXX XXX
03/10/2025 - R UCC3 Termination
(2025030700789008)		 XXXXXXXX XXXXXXXX XXX XXX XXXX XX XX XXXX XXXXXXX XXX
07/01/2025 - R
02/19/2025 - D		 Asgn of Asgn of L&R
(2025062500104001)		 XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXXXXX XXXX XXXXXXX XXX XX XXXXXXX
06/24/2025 - R
02/19/2025 - D		 Assignment, Mortgage
(2025061800831001)		 XXXX XXXX XXXXXX XXXXXXX XXX XXXXXXXXXX XXXXXXX XXXX XXXXXXX XXX XX XXXXXXX
03/10/2025 - R
01/29/2025 - D		 Termination of Assign of L&R
(2025030700789003)		 XXX XXXX XX XX XXXX XXXXXXX XXX XXXXXXXX XXXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Assignment of Leases and Rents
(2025030200022008)		 XXX XXXX XXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Agreement
(2025030200022007)		 XXX XXXX XXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Mortgage
(2025030200022006)		 XXX XXXX XXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX
03/04/2025 - R
01/29/2025 - D		 Assignment, Mortgage
(2025030200022003)		 XXX XXXX XX XX XXXX XXXXXXX XXX XXXX XXXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 175 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
$57,264
Municipal exemptions
Recent tax assessments
Market value
$4,387,000
Assessed value
$1,974,150

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 $3,812,000 $1,715,400 $567,183 12.439% $186,323 $44,158 +104.56%
2024/25 $3,646,000 $1,640,700 $383,850 12.5% $164,576 $21,587 -54.74%
2023/24 $3,182,000 $1,431,900 $592,650 12.502% $148,996 $47,699 +20.59%
2022/23 $2,976,000 $1,339,200 $633,187 12.267% $134,851 $39,554 -53.82%
2021/22 $2,550,000 $1,147,500 $1,011,584 12.235% $123,767 $85,648 -27.08%
2020/21 $2,243,000 $1,009,350 $957,440 12.267% $117,449 $117,449 +3.20%
2019/20 $2,210,000 $994,500 $912,454 12.473% $113,810 $113,810 +2.73%
2018/19 $2,104,000 $946,800 $878,411 12.612% $110,785 $110,785 +49.19%
2017/18 $1,469,000 $661,050 $583,830 12.719% $74,257 $74,257 +6.95%
2016/17 $1,344,000 $604,800 $538,560 12.892% $69,431 $69,431 +6.72%
Permits

Permit information for 175 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/27/2023 Alteration
09/16/2022 Alteration
06/24/2022 Alteration
04/08/2022 Alteration CO
08/10/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/13/2011 Lblvio-low pressure boiler
07/07/2010 E-elevator
12/31/2009 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Neighborhood

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

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)
0.272
View subway map

Access the detailed traffic volume map for 175 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

Neighbors for 175 Ocean Parkway, Brooklyn, NY

106 E 8th St, Brooklyn 179 Ocean Pkwy, Brooklyn 183 Ocean Pkwy, Brooklyn 110 E 8th St, Brooklyn 619 Church Ave, Brooklyn 629 Church Ave, Brooklyn 620 Caton Ave, Brooklyn 102 E 8th St, Brooklyn 201 Ocean Pkwy, Brooklyn 621 Church Ave, Brooklyn 623 Church Ave, Brooklyn 135 Ocean Pkwy, Brooklyn 98 E 8th St, Brooklyn 108 E 8th St, Brooklyn 702 Caton Ave, Brooklyn 104 E 8th St, Brooklyn 100 E 8th St, Brooklyn 258 E 7th St, Brooklyn 625 Church Ave, Brooklyn 627 Church Ave, Brooklyn

Nearby ZIP codes for 175 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 175 Ocean Parkway, Brooklyn, NY 11218?

The development at 175 Ocean Parkway, Brooklyn, NY 11218 was built in 1923.

What is the total square footage of 175 Ocean Parkway, Brooklyn, NY 11218?

175 Ocean Parkway, Brooklyn, NY 11218 has a total of 38,800 square feet.

When was 175 Ocean Parkway, Brooklyn, NY 11218 last sold and what was the sale price?

175 Ocean Parkway, Brooklyn, NY 11218 was last sold on 09/01/2015 for $11,000,000.

What is the assessed value of 175 Ocean Parkway, Brooklyn, NY 11218?

175 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $1,974,150.

What are the property taxes for 175 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 175 Ocean Parkway, Brooklyn, NY 11218 total $83,657.

How many residential units does this building have?

This building has 43 residential unit(s).

Disclaimer

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