New York City  »  11218  »  Ocean Pkwy  »  240 Ocean Pkwy

240 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 240 Ocean Pkwy

Property image for 240 Ocean Parkway, Brooklyn, NY 11218
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Property type

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

Year built

1938

Lot sq. ft.

15,000

General information

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Address
Primary address
240 Ocean Parkway
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05338-0075

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
52,872
Building dimensions
100 ft x 102 ft
Buildings on lot
1
Stories
6
Year built
1938
Tax
Tax year
2026-2027
Property tax
$286,532
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
55
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Ocean Parkway (wide)
Distance to wide street
Lot dimensions
100 ft x 150 ft
Lot sq. ft.
15,000

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
0.90 Miles
Closest fire station
0.48 Miles

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

Units for 240 Ocean Parkway, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1A 12/05/2011
Unit 1B 12/05/2011
Unit 1C 02/24/2022
Unit 1D 12/05/2011
Unit 1F 12/05/2011
Unit 1G 12/05/2011
Unit 1H 02/13/2006
Unit 1J
Unit 2A 12/05/2011
Unit 2B 12/05/2011
Unit 2C 10/09/2024 850
Unit 2D 09/29/2025
Unit 2E 05/23/2022
Unit 2F 12/05/2011
Unit 2G 07/16/2019
Unit 2H 12/05/2011
Unit 2J 12/05/2011
Unit 3A 12/05/2011
Unit 3B 12/05/2011
Unit 3C 12/05/2011
Unit 3D 12/05/2011
Unit 3E
Unit 3F 06/23/2020
Unit 3G 12/05/2011
Unit 3H 12/05/2011
Unit 3J 12/05/2011
Unit 4A 12/05/2011
Unit 4C 09/10/2020
Unit 4D 10/01/2014
Unit 4E 12/05/2011
Unit 4F 12/01/2022
Unit 4G 12/05/2011
Unit 4H 12/05/2011
Unit 4J 12/05/2011
Unit 55
Unit 5B
Unit 5C 12/05/2011
Unit 5D 12/05/2011
Unit 5E 12/05/2011
Unit 5F 12/05/2011
Unit 5G 11/16/2022
Unit 5H 12/05/2011
Unit 5J 12/05/2011
Unit 6A 12/05/2011
Unit 6B 08/07/2023
Unit 6C 07/23/2019
Unit 6D 12/05/2011
Unit 6E 12/05/2011
Unit 6F 12/05/2011
Unit 6G 12/05/2011
Unit 6H 12/05/2011
Unit 6J 02/07/2023
Ownership

Ownership information for 240 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 240 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
01/06/2021 - R Initial UCC1
(2020123100667003)		 XXX XXXXX XXXXXXX XXXXXX XXXX XXXX XXXXXXXXX XXXX
01/06/2021 - R
12/29/2020 - D		 Agreement
(2020123100667002)		 XXXX XXXXXXXXX XXXX XXX XXXXX XXXXXXX XXXXXX XXXX
01/06/2021 - R
12/29/2020 - D		 Mortgage
(2020123100667001)		 XXX XXXXX XXXXXXX XXXXXX XXXX XXXX XXXXXXXXX XXXX
04/12/2001 - R Assignment, Mortgage
(3710007606371)		 XXXXXXXXXXXX XXXXXXXXX XXXX XXXXXX XXX
03/23/2001 - R UCC3 Assignment
(3800007579380)		 XXXXX XXXXXX XXXX XXXXXXXXXXXX XXXXXXXXX XXXX XX XXXXXXXX XXXXX
03/23/2001 - R UCC3 Assignment
(3660007579366)		 XXX XXXXX XXXXXXX XXXXXX XXXX XXXXXXXXXXXX XXXXXXXXX XXXX XX XXXXXXXX XXXXX
12/08/1999 - R UCC3 Continuation
(3600006907260)		 XXXXXXX XXXXXXXXXXXXX XXXXX XXXX XX
12/08/1999 - R UCC3 Continuation
(3570006905157)		 XXXXXXX XXXXXXXXXXXXX XXXXX XXXX XX
12/08/1999 - R UCC3 Assignment
(3440006905144)		 XXXXXXX XXXXXXXXXXXXX XXXXXXX XXXX
12/08/1999 - R UCC3 Assignment
(3190006905119)		 XXXXXXX XXXXXXXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 240 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
$286,532
Municipal exemptions
Recent tax assessments
Market value
$6,041,000
Assessed value
$2,718,450

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 $6,072,000 $2,732,400 $2,225,070 12.439% $277,061 $272,115 +5.00%
2024/25 $5,600,000 $2,520,000 $2,112,730 12.5% $264,360 $259,158 +1.95%
2023/24 $5,632,000 $2,534,400 $2,060,380 12.502% $257,879 $254,191 +9.29%
2022/23 $4,829,000 $2,173,050 $1,939,440 12.267% $238,204 $232,591 +7.57%
2021/22 $4,098,000 $1,844,100 $1,810,760 12.235% $221,847 $216,226 -0.43%
2020/21 $4,692,000 $2,111,400 $1,770,290 12.267% $217,455 $217,161 +7.26%
2019/20 $4,260,000 $1,917,000 $1,623,200 12.473% $202,752 $202,462 +4.16%
2018/19 $4,593,000 $2,066,850 $1,541,230 12.612% $194,689 $194,380 +17.33%
2017/18 $3,985,000 $1,793,250 $1,302,540 12.719% $165,960 $165,670 +24.40%
2016/17 $3,495,000 $1,572,750 $1,033,000 12.892% $133,479 $133,174 +29.29%
Permits

Permit information for 240 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/13/2021 Alteration
11/19/2019 Alteration
10/04/2019 Alteration
08/13/2019 Alteration
07/18/2019 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
03/25/2026 A
03/25/2026 B
03/24/2026 B

*Most recent HPD violations on record for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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
McDonald Ave & Church Ave at NE Corner
Station lines
F
Distance (miles)
0.241
View subway map

Access the detailed traffic volume map for 240 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 0.36
P.S. 130 The Parkside 6 Yes Public PK, K-5 834 0.36
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.04
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.04
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.06
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.06
P.S. 889 4 No Public PK, K-5 386 0.20
P.S. 889 4 No Public PK, K-5 386 0.20
P.S. 179 Kensington 5 No Public PK, K-5 668 0.28
P.S. 179 Kensington 5 No Public PK, K-5 668 0.28
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.42
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.04
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.06
Middle 890 7 No Public 6-8 301 0.20
Middle 839 5 No Public 6-8 321 0.30
Immaculate Heart Of Mary NR No Private PK, K-8 208 0.35
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.35
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.36
Bnos Yerushalayim School NR No Private PK-12 1,156 0.37
International Christian School NR No Private PK-12 85 0.46
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.02
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.06
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.35
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.36
Bnos Yerushalayim School NR No Private PK-12 1,156 0.37
Brooklyn College Academy 7 No Public 9-12 631 0.41
International Christian School NR No Private PK-12 85 0.46
Torah Vodaath High School NR No Private 9-12 0 0.46

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

Neighbors for 240 Ocean Parkway, Brooklyn, NY

341 E 5th St, Brooklyn 289 E 5th St, Brooklyn 359 E 5th St, Brooklyn 353 E 5th St, Brooklyn 295 E 5th St, Brooklyn 349 E 5th St, Brooklyn 297 E 5th St, Brooklyn 250 Ocean Pkwy, Brooklyn 347 E 5th St, Brooklyn 291 E 5th St, Brooklyn 305 E 5th St, Brooklyn 307 E 5th St, Brooklyn 503 Beverley Rd, Brooklyn 355 E 5th St, Brooklyn 230 Ocean Pkwy, Brooklyn 327 E 5th St, Brooklyn 299 E 5th St, Brooklyn 303 E 5th St, Brooklyn 507 Beverley Rd, Brooklyn 343 E 5th St, Brooklyn

Nearby ZIP codes for 240 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 240 Ocean Parkway, Brooklyn, NY 11218?

The development at 240 Ocean Parkway, Brooklyn, NY 11218 was built in 1938.

What is the total square footage of 240 Ocean Parkway, Brooklyn, NY 11218?

240 Ocean Parkway, Brooklyn, NY 11218 has a total of 52,872 square feet.

What is the assessed value of 240 Ocean Parkway, Brooklyn, NY 11218?

240 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $2,718,450.

What are the property taxes for 240 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 240 Ocean Parkway, Brooklyn, NY 11218 total $290,515.

How many residential units does this building have?

This building has 55 residential unit(s).

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