Kings  »  11218  »  Ocean Pkwy  »  377 Ocean Pkwy

377 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 377 Ocean Pkwy

Property image for 377 Ocean Parkway, Brooklyn, NY 11218
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Property type

Over Six Families without Stores (C1)

Year built

1924

Lot sq. ft.

15,000

Sale price

$10,650,000

General information

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Address
Primary address
377 Ocean Parkway
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05375-0072

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
36,000
Building dimensions
100 ft x 109 ft
Buildings on lot
1
Stories
4
Year built
1924
Building material
Sales
Sale date
04/26/2018
Sale price
$10,650,000
Tax
Tax year
2026-2027
Property tax
$149,119
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
46
Residential sq. ft.
Lot
Lot dimensions
100 ft x 150 ft
Lot sq. ft.
15,000

Area overview

Walk score
84 /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
0.64 Miles
Closest fire station
0.30 Miles

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

Ownership information for 377 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 377 Ocean Parkway, Brooklyn, NY 11218

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/29/2025 - R UCC3 Assignment
(2025082500669002)
XXXXXXXXXX XXXXXX XXX XXXXX XXXXXXXXXXXXXX X X
08/29/2025 - R
07/30/2025 - D
Assignment, Mortgage
(2025082500669001)
XXXXX XXXXXXXXXXXXXX X X XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
04/30/2025 - R Initial UCC1
(2025043000302001)
XXXXXXXXXX XXXXXX XXX XXXXX XXXXXXXXXXXXXX X X
05/08/2025 - R
04/29/2025 - D
Agreement
(2025050700715003)
XXXXXXXXXX XXXXXX XXX XXXXX XXXXXXXXXXXXXX XX
05/08/2025 - R
04/29/2025 - D
Mortgage
(2025050700715002)
XXXXXXXXXX XXXXXX XXX XXXXX XXXXXXXXXXXXXX XX
05/08/2025 - R
04/29/2025 - D
Assignment, Mortgage
(2025050700715001)
XXXXXXXX XXXX XX XXXXX XXXXXXXXXXXXXX XX
05/08/2025 - R
04/25/2025 - D
Termination of Assign of L&R
(2025050700783001)
XXXXXXXX XXXX XX XXXXXXXXXX XXXXXX XXX
04/30/2018 - R Initial UCC1
(2018042700643006)
XXXXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXXXX XXXX
05/08/2018 - R
04/26/2018 - D
Agreement
(2018050400506001)
XXXXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
04/30/2018 - R
04/26/2018 - D
Assignment of Leases and Rents
(2018042700643005)
XXXXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 377 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
$149,119
Municipal exemptions
Recent tax assessments
Market value
$2,664,000
Assessed value
$1,198,800

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 $3,014,000 $1,356,300 $1,258,470 12.439% $156,541 $156,541 +5.60%
2024/25 $2,976,000 $1,339,200 $1,185,930 12.5% $148,241 $148,241 +7.81%
2023/24 $2,947,000 $1,326,150 $1,099,800 12.502% $137,497 $137,497 +13.03%
2022/23 $2,921,000 $1,314,450 $991,620 12.267% $121,642 $121,642 +13.01%
2021/22 $2,125,000 $956,250 $879,750 12.235% $107,637 $107,637 +6.27%
2020/21 $2,208,000 $993,600 $825,660 12.267% $101,284 $101,284 +10.18%
2019/20 $2,019,000 $908,550 $737,007 12.473% $91,927 $91,927 +11.40%
2018/19 $1,745,000 $785,250 $654,297 12.612% $82,520 $82,520 +7.90%
2017/18 $1,678,000 $755,100 $601,287 12.719% $76,478 $76,478 +9.56%
2016/17 $1,524,000 $685,800 $541,437 12.892% $69,802 $69,802 +12.42%

Permit information for 377 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/17/2020 Alteration type 3
06/28/2020 Alteration type 3
12/22/2014 Alteration type 3
05/08/1996 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
12/01/2023 Egrade-failure to post energy grade/score none
12/01/2022 Egrade-failure to post energy grade/score none
04/06/2018 Lblvio-low pressure boiler boiler required

*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 & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.347

Access the detailed traffic volume map for 377 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 377 Ocean Parkway, Brooklyn, NY 11218?

The development at 377 Ocean Parkway, Brooklyn, NY 11218 was built in 1924.

What is the total square footage of 377 Ocean Parkway, Brooklyn, NY 11218?

377 Ocean Parkway, Brooklyn, NY 11218 has a total of 36,000 square feet.

When was 377 Ocean Parkway, Brooklyn, NY 11218 last sold and what was the sale price?

377 Ocean Parkway, Brooklyn, NY 11218 was last sold on 04/26/2018 for $10,650,000.

What is the assessed value of 377 Ocean Parkway, Brooklyn, NY 11218?

377 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $1,198,800.

What are the property taxes for 377 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 377 Ocean Parkway, Brooklyn, NY 11218 total $149,118.

How many residential units does this building have?

This building has 46 residential unit(s).

Disclaimer

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