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241 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 239-241 Ocean Pkwy

Property image for 241 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1923

Lot sq. ft.

7,500

Sale price

$8,960,000

General information

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Address
Primary address
241 Ocean Parkway
Alternate address(es)
239-241 Ocean Pkwy
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05339-0054

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
18,000
Building dimensions
50 ft x 90 ft
Buildings on lot
1
Stories
4
Year built
1923
Last altered
2015
Building material
Sales
Sale date
08/01/2025
Sale price
$8,960,000 - M
Tax
Tax year
2026-2027
Property tax
$128,820
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
16
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 150 ft
Lot sq. ft.
7,500

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
0.92 Miles
Closest fire station
0.44 Miles

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Ownership information for 241 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 241 Ocean Parkway, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
08/01/2025 $8,960,000 XXXXX XX. XXX XXXXXXX, XXX
05/05/2015 $10,330,000 XXX-XXX XXX XXXXX XXX XXX XXXXXX XXXXXXX XXXXX XXX XXX-XXX XXXXX XXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/12/2025 - R UCC3 Termination
(2025080700771005)
XXXXXXX XXX XXXXXXXX XXXXXXX XXXX
03/12/2026 - R
08/01/2025 - D
Agreement
(2026031101143001)
XXXXX XX XXX XXXXXXXX XXXXX XXXX X X
08/12/2025 - R
08/01/2025 - D
Termination of Assign of L&R
(2025080700771004)
XXXXXXXX XXXXXXX XXXX XXXXXXX XXX
08/12/2025 - R
08/01/2025 - D
Agreement
(2025080700771003)
XXXXX XX XXX XXXXXXXX XXXXX XXXX XX
08/12/2025 - R
08/01/2025 - D
Assignment, Mortgage
(2025080700771002)
XXXXXXXXX XXXXXXX XXXX XXXXXXXX XXXXX XXXX XX
08/12/2025 - R
08/01/2025 - D
Deed
(2025080700771001)
XXXXXXX XXX XXXXX XX XXX
12/03/2018 - R UCC3 Termination
(2018072700248008)
XXXXXX XXX XXXXX XXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
12/03/2018 - R UCC3 Termination
(2018072700248007)
XXXXXX XXX XXXXX XXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
12/03/2018 - R UCC3 Termination
(2018072700248006)
XXXXXX XXX XXXXX XXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
07/31/2018 - R Initial UCC1
(2018072700473001)
XXXXXXX XXX XXXXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 241 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
$128,820
Municipal exemptions
Recent tax assessments
Market value
$2,347,000
Assessed value
$1,056,150

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 $2,324,000 $1,045,800 $999,380 12.439% $124,313 $124,313 +2.05%
2024/25 $2,356,000 $1,060,200 $974,540 12.5% $121,818 $121,818 +3.22%
2023/24 $2,302,000 $1,035,900 $943,986 12.502% $118,017 $118,017 +2.61%
2022/23 $2,520,000 $1,134,000 $937,621 12.267% $115,018 $115,018 +9.72%
2021/22 $2,048,000 $921,600 $856,798 12.235% $104,829 $104,829 +27.34%
2020/21 $1,737,000 $781,650 $671,091 12.267% $82,323 $82,323 +6.55%
2019/20 $1,702,000 $765,900 $619,462 12.473% $77,265 $77,265 +90.14%
2018/19 $951,000 $427,950 $322,200 12.612% $40,636 $40,636 +15.52%
2017/18 $746,000 $335,700 $276,570 12.719% $35,177 $35,177 +10.85%
2016/17 $710,000 $319,500 $246,150 12.892% $31,734 $31,734 +14.23%

Permit information for 241 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/29/2016 Alteration type 2
06/03/2016 Alteration type 2
03/29/2016 Alteration type 2
09/25/2015 Alteration type 1
09/25/2015 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/16/1997 Ll6291-local law 62/91 - boilers
02/10/1997 Ll6291-local law 62/91 - boilers
08/29/1995 Ll6291-local law 62/91 - boilers

*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 & Church Ave at NE Corner
Station lines
F
Distance (miles)
0.309

Access the detailed traffic volume map for 241 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 241 Ocean Parkway, Brooklyn, NY 11218?

The development at 241 Ocean Parkway, Brooklyn, NY 11218 was built in 1923.

What is the total square footage of 241 Ocean Parkway, Brooklyn, NY 11218?

241 Ocean Parkway, Brooklyn, NY 11218 has a total of 18,000 square feet.

When was 241 Ocean Parkway, Brooklyn, NY 11218 last sold and what was the sale price?

241 Ocean Parkway, Brooklyn, NY 11218 was last sold on 08/01/2025 for $8,960,000.

What is the assessed value of 241 Ocean Parkway, Brooklyn, NY 11218?

241 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $1,056,150.

What are the property taxes for 241 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 241 Ocean Parkway, Brooklyn, NY 11218 total $128,819.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

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