Kings  »  11218  »  Ocean Pkwy  »  305 Ocean Pkwy

305 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 297-307 Ocean Pkwy

Property image for 305 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1941

Lot sq. ft.

18,000

General information

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Address
Primary address
305 Ocean Parkway
Alternate address(es)
297-307 Ocean Pkwy
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05358-0071

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
62,400
Building dimensions
120 ft x 102.33 ft
Buildings on lot
1
Stories
6
Year built
1941
Building material
Tax
Tax year
2026-2027
Property tax
$138,122
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
60
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
120 ft x 150 ft
Lot sq. ft.
18,000

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
20
Community district
12
Closest police station
0.78 Miles
Closest fire station
0.35 Miles

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

Ownership information for 305 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 305 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
07/25/2019 - R UCC3 Termination
(2019072500336001)
XXXXXX XXXXXX XXXXXXXXXX XXX XXXXXX XXX
07/22/2019 - R
07/11/2019 - D
Agreement
(2019071900074004)
XXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXX XXXX X X
07/22/2019 - R
07/11/2019 - D
Mortgage
(2019071900074003)
XXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXX XXXX X X
07/22/2019 - R
07/11/2019 - D
Assignment, Mortgage
(2019071900074002)
XXXXXXXXX XXXX X X XXXXXXXX XXXXX XXXX X X
07/22/2019 - R
07/08/2019 - D
Assignment, Mortgage
(2019071900074001)
XXXXXX XXX XXXXXXXXX XXXX X X
05/14/2014 - R UCC3 Continuation
(2014050601218001)
XXXXXX XXXXXX XXXXXXXXXX XXX XXXXXX XXX
10/30/2009 - R Initial UCC1
(2009090101073001)
XXXXXX XXXXXX XXXXXXXXXX XXX XXXXXX XXX
10/20/2009 - R UCC3 Termination
(2009082501295001)
XXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXXX
10/20/2009 - R
08/24/2009 - D
Assignment, Mortgage
(2009082501295006)
XXXXXXXXX XXXX XXXXXXXXX
10/20/2009 - R
08/24/2009 - D
Agreement
(2009082501295005)
XXXXXX XXXXXX XXXXXXXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 305 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
$138,122
Municipal exemptions
Recent tax assessments
Market value
$2,519,000
Assessed value
$1,133,550

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 $2,432,000 $1,094,400 $1,094,400 12.439% $136,132 $133,252 -17.74%
2024/25 $2,931,000 $1,318,950 $1,318,950 12.5% $164,869 $161,989 +1.00%
2023/24 $2,902,000 $1,305,900 $1,305,900 12.502% $163,264 $160,384 -14.05%
2022/23 $3,393,000 $1,526,850 $1,521,180 12.267% $186,603 $186,603 +13.96%
2021/22 $2,974,000 $1,338,300 $1,338,300 12.235% $163,741 $163,741 -12.71%
2020/21 $3,433,000 $1,544,850 $1,529,190 12.267% $187,586 $187,586 +1.69%
2019/20 $3,578,000 $1,610,100 $1,478,880 12.473% $184,461 $184,461 +2.52%
2018/19 $3,524,000 $1,585,800 $1,426,590 12.612% $179,922 $179,922 +2.52%
2017/18 $3,429,000 $1,543,050 $1,379,830 12.719% $175,501 $175,501 +1.50%
2016/17 $3,027,000 $1,362,150 $1,341,220 12.892% $172,910 $172,910 +7.29%

Permit information for 305 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/10/2024 Alteration
03/29/2024 Alteration
03/28/2024 Alteration
06/08/2007 Alteration type 2
07/28/1992 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
08/31/2020 E-elevator elevatorrequired
08/03/2020 Bench-failure to benchmark
05/03/2020 Bench-failure to benchmark

*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 SE Corner
Station lines
F
Distance (miles)
0.321

Access the detailed traffic volume map for 305 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 305 Ocean Parkway, Brooklyn, NY 11218?

The development at 305 Ocean Parkway, Brooklyn, NY 11218 was built in 1941.

What is the total square footage of 305 Ocean Parkway, Brooklyn, NY 11218?

305 Ocean Parkway, Brooklyn, NY 11218 has a total of 62,400 square feet.

What is the assessed value of 305 Ocean Parkway, Brooklyn, NY 11218?

305 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $1,133,550.

What are the property taxes for 305 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 305 Ocean Parkway, Brooklyn, NY 11218 total $141,002.

How many residential units does this building have?

This building has 60 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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