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402 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 402 Ocean Pkwy

Property image for 402 Ocean Parkway, Brooklyn, NY 11218
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1941

Lot sq. ft.

15,890

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
402 Ocean Parkway
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05374-0041

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
57,900
Building dimensions
70 ft x 167 ft
Buildings on lot
1
Stories
6
Year built
1941
Building material
Tax
Tax year
2026-2027
Property tax
$258,383
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
54
Residential sq. ft.
Lot
Lot dimensions
70 ft x 227 ft
Lot sq. ft.
15,890

Area overview

Walk score
84 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.57 Miles
Closest fire station
0.37 Miles

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

Ownership

Ownership information for 402 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 402 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
04/29/2024 - R
04/22/2024 - D		 Assignment, Mortgage
(2024042600690002)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/29/2024 - R
04/22/2024 - D		 Assignment, Mortgage
(2024042600690001)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/16/2022 - R
08/09/2022 - D		 Assignment of Leases and Rents
(2022081000180004)		 XXXX XXXXXX XXXXXXXXXX X X XXXXX XXXXXXXX XXXX
08/16/2022 - R
08/09/2022 - D		 Agreement
(2022081000180003)		 XXXX XXXXXX XXXXXXXXXX X X XXXXX XXXXXXXX XXXX
08/16/2022 - R
08/09/2022 - D		 Mortgage
(2022081000180002)		 XXXX XXXXXX XXXXXXXXXX X X XXXXX XXXXXXXX XXXX
08/16/2022 - R
08/05/2022 - D		 Assignment, Mortgage
(2022081000180001)		 XXXXXXXXX XXXX X X XXXXX XXXXXXXX XXXX
06/17/2020 - R UCC3 Continuation
(2020061700462001)		 XXXX XXXXXX XXXXXXXXXX X X XXXXXXXXX XXXX X X
10/27/2015 - R Initial UCC1
(2015102101064001)		 XXXX XXXXXX XXXXXXXXXX X X XXXXXXXXX XXXX X X
10/22/2015 - R UCC3 Termination
(2015102000433001)		 XXXX XXXXXX XXXXXXXXXX X X XXXXXXXXX XXXX X X
10/26/2015 - R
10/16/2015 - D		 Agreement
(2015102000208002)		 XXXX XXXXXX XXXXXXXXXX X X XXXXXXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 402 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
$258,383
Municipal exemptions
Recent tax assessments
Market value
$4,616,000
Assessed value
$2,077,200

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 $4,804,000 $2,161,800 $2,051,280 12.439% $255,159 $255,159 -0.08%
2024/25 $5,043,000 $2,269,350 $2,042,910 12.5% $255,364 $255,364 +3.37%
2023/24 $4,967,000 $2,235,150 $1,975,950 12.502% $247,033 $247,033 +8.47%
2022/23 $4,729,000 $2,128,050 $1,856,520 12.267% $227,739 $227,739 +27.31%
2021/22 $3,249,000 $1,462,050 $1,462,050 12.235% $178,882 $178,882 -16.96%
2020/21 $4,711,000 $2,119,950 $1,755,990 12.267% $215,407 $215,407 +6.37%
2019/20 $4,299,000 $1,934,550 $1,623,600 12.473% $202,512 $202,512 +6.09%
2018/19 $3,640,000 $1,638,000 $1,513,550 12.612% $190,889 $190,889 +5.06%
2017/18 $3,553,000 $1,598,850 $1,428,500 12.719% $181,691 $181,691 +2.16%
2016/17 $3,308,000 $1,488,600 $1,379,570 12.892% $177,854 $177,854 +7.99%
Permits

Permit information for 402 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/15/2023 Alteration
09/13/2021 Alteration
09/06/2021 Alteration
08/31/2021 Alteration
08/31/2021 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
05/13/2019 E-elevator elevatorrequired
11/14/2016 Acc1-(other BLDGS types) - elevator affirmation of correction
09/01/2016 Earcx-failure to submit eer

*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
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.255
View subway map

Access the detailed traffic volume map for 402 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 402 Ocean Parkway, Brooklyn, NY

511 Cortelyou Rd, Brooklyn 507 Cortelyou Rd, Brooklyn 350 Ocean Pkwy, Brooklyn 543 E 5th St, Brooklyn 506 Avenue C, Brooklyn 410 Ocean Pkwy, Brooklyn 509 Cortelyou Rd, Brooklyn 390 Ocean Pkwy, Brooklyn 555 E 5th St, Brooklyn 386 Ocean Pkwy, Brooklyn 547 E 5th St, Brooklyn 370 Ocean Pkwy, Brooklyn 489 E 4th St, Brooklyn 501 Cortelyou Rd, Brooklyn 541 E 5th St, Brooklyn 360 Ocean Pkwy, Brooklyn 502 Avenue C, Brooklyn 503 Cortelyou Rd, Brooklyn 514 Avenue C, Brooklyn 510 Avenue C, Brooklyn

Nearby ZIP codes for 402 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 402 Ocean Parkway, Brooklyn, NY 11218?

The development at 402 Ocean Parkway, Brooklyn, NY 11218 was built in 1941.

What is the total square footage of 402 Ocean Parkway, Brooklyn, NY 11218?

402 Ocean Parkway, Brooklyn, NY 11218 has a total of 57,900 square feet.

What is the assessed value of 402 Ocean Parkway, Brooklyn, NY 11218?

402 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $2,077,200.

What are the property taxes for 402 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 402 Ocean Parkway, Brooklyn, NY 11218 total $258,382.

How many residential units does this building have?

This building has 54 residential unit(s).

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