New York City  »  11218  »  Ocean Pkwy  »  315 Ocean Pkwy

315 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 416-418 E 7th St

Property image for 315 Ocean Parkway, Brooklyn, NY 11218
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Property type

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

Year built

1961

Lot sq. ft.

26,330

Sale price

$12,000,000

General information

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Address
Primary address
315 Ocean Parkway
Alternate address(es)
315-319 Ocean Pkwy
315-325 Ocean Pkwy
416-418 E 7th St
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05358-0063

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
90,000
Building dimensions
136.75 ft x 157.5 ft
Buildings on lot
1
Stories
6
Year built
1961
Sales
Sale date
05/09/2006
Sale price
$12,000,000
Tax
Tax year
2026-2027
Property tax
$388,313
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
90
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 7 Street (narrow)
Ocean Parkway (wide)
Distance to wide street
Lot dimensions
140 ft x 150 ft
Lot sq. ft.
26,330

Area overview

Walk score
82 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
20
Community district
12
Closest police station
0.75 Miles
Closest fire station
0.32 Miles

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

Ownership

Ownership information for 315 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 315 Ocean Parkway, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
05/09/2006 $12,000,000 XXXXXX XXX XXXXX XXXXXXX XXX XXX XXXXX XXXXXXXXXX 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
10/11/2019 - R
10/03/2019 - D		 Agreement
(2019100900392002)		 XXXXXX XXXX XXX XXXXXX X X X XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/11/2019 - R
10/03/2019 - D		 Mortgage
(2019100900392001)		 XXXXXX XXXX XXX XXXXXX X X X XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
07/01/2011 - R UCC3 Termination
(2011062700362002)		 XXXXXX XXX XXXXX XXXXXXX XXX XXXXXXXXX XXXX
07/01/2011 - R Initial UCC1
(2011062700362001)		 XXXXXX XXX XXXXX XXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
07/05/2011 - R
06/20/2011 - D		 Termination of Assign of L&R
(2011062700328005)		 XXXXXX XXX XXXXX XXXXXXX XXX XXXXXXXXXXXX XXXXXXXXX XXXX
07/05/2011 - R
06/20/2011 - D		 Assignment of Leases and Rents
(2011062700328004)		 XXXXXX XXX XXXXX XXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
07/05/2011 - R
06/20/2011 - D		 Agreement
(2011062700328003)		 XXXXXX XXX XXXXX XXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
07/05/2011 - R
06/20/2011 - D		 Mortgage
(2011062700328002)		 XXXXXX XXX XXXXX XXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
07/05/2011 - R
06/20/2011 - D		 Assignment, Mortgage
(2011062700328001)		 XXXXXXXXXXXX XXXXXXXXX XXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
05/25/2006 - R
05/09/2006 - D		 Deed
(2006051901347001)		 XXX XXXXX XXXXXXXXXX XXX XXXXXX XXX XXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 315 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
$388,313
Municipal exemptions
Recent tax assessments
Market value
$7,370,000
Assessed value
$3,316,500

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 $7,465,000 $3,359,250 $2,869,920 12.439% $356,989 $356,989 +6.90%
2024/25 $7,007,000 $3,153,150 $2,671,560 12.5% $333,945 $333,945 +6.56%
2023/24 $6,757,000 $3,040,650 $2,506,590 12.502% $313,374 $313,374 +9.63%
2022/23 $6,087,000 $2,739,150 $2,330,190 12.267% $285,844 $285,844 +13.56%
2021/22 $4,572,000 $2,057,400 $2,057,400 12.235% $251,723 $251,723 -3.92%
2020/21 $5,261,000 $2,367,450 $2,135,700 12.267% $261,986 $261,986 +4.47%
2019/20 $5,174,000 $2,328,300 $2,010,510 12.473% $250,771 $250,771 +9.84%
2018/19 $4,797,000 $2,158,650 $1,810,260 12.612% $228,310 $228,310 +9.53%
2017/18 $4,298,000 $1,934,100 $1,638,900 12.719% $208,452 $208,452 +7.16%
2016/17 $4,200,000 $1,890,000 $1,508,940 12.892% $194,533 $194,533 +8.84%
Permits

Permit information for 315 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/06/2021 Alteration
09/14/2021 Alteration
12/14/2018 Alteration type 2
09/11/2018 Alteration
05/08/2017 Alteration type 2

*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
06/04/2026 A
01/31/2026 C
09/03/2025 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

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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 SE Corner
Station lines
F
Distance (miles)
0.335
View subway map

Access the detailed traffic volume map for 315 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. 179 Kensington 5 Yes Public PK, K-5 668 0.24
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.24
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.21
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.21
P.S. 889 4 No Public PK, K-5 386 0.23
P.S. 889 4 No Public PK, K-5 386 0.23
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.24
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.24
Yeshiva Torah Vodaath NR No Private K-8 0 0.29
P.S. 139 Alexine A Fenty 6 No Public PK, K-5 729 0.38
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.25
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.21
Middle 890 7 No Public 6-8 301 0.23
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.24
Yeshiva Torah Vodaath NR No Private K-8 0 0.29
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.31
Bonim Lamokom NR No Private 35 0.31
Middle 839 5 No Public 6-8 321 0.43
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.53
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 0.17
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.24
Torah Vodaath High School NR No Private 9-12 0 0.29
Bonim Lamokom NR No Private 35 0.31
Bnos Yerushalayim School NR No Private PK-12 1,156 0.36
Brooklyn College Academy 7 No Public 9-12 631 0.53
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.53
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.53

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

Neighbors for 315 Ocean Parkway, Brooklyn, NY

305 Ocean Pkwy, Brooklyn 710 Beverley Rd, Brooklyn 333 Ocean Pkwy, Brooklyn 335 Ocean Pkwy, Brooklyn 269 Ocean Pkwy, Brooklyn 702 Beverley Rd, Brooklyn 706 Beverley Rd, Brooklyn 712 Beverley Rd, Brooklyn 329 Ocean Pkwy, Brooklyn 331 Ocean Pkwy, Brooklyn 404 E 7th St, Brooklyn 337 Ocean Pkwy, Brooklyn 615 Avenue C, Brooklyn 704 Beverley Rd, Brooklyn 412 E 7th St, Brooklyn 295 Ocean Pkwy, Brooklyn 327 Ocean Pkwy, Brooklyn 265 Ocean Pkwy, Brooklyn 408 E 7th St, Brooklyn

Nearby ZIP codes for 315 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 315 Ocean Parkway, Brooklyn, NY 11218?

The development at 315 Ocean Parkway, Brooklyn, NY 11218 was built in 1961.

What is the total square footage of 315 Ocean Parkway, Brooklyn, NY 11218?

315 Ocean Parkway, Brooklyn, NY 11218 has a total of 90,000 square feet.

When was 315 Ocean Parkway, Brooklyn, NY 11218 last sold and what was the sale price?

315 Ocean Parkway, Brooklyn, NY 11218 was last sold on 05/09/2006 for $12,000,000.

What is the assessed value of 315 Ocean Parkway, Brooklyn, NY 11218?

315 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $3,316,500.

What are the property taxes for 315 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 315 Ocean Parkway, Brooklyn, NY 11218 total $388,313.

How many residential units does this building have?

This building has 90 residential unit(s).

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