Kings  »  11218  »  Ocean Pkwy  »  438 Ocean Pkwy

438 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 438 Ocean Pkwy

Property image for 438 Ocean Parkway, Brooklyn, NY 11218
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1940

Lot sq. ft.

16,200

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
438 Ocean Parkway
Alternate address(es)
438-446 Ocean Pkwy
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05389-0019

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
55,932
Building dimensions
100 ft x 113.5 ft
Buildings on lot
1
Stories
6
Year built
1940
Building material
Tax
Tax year
2026-2027
Property tax
$201,680
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
100 ft x 170 ft
Lot sq. ft.
16,200

Area overview

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

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

Ownership

Ownership information for 438 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 438 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
06/25/2021 - R
06/14/2021 - D		 Agreement
(2021062101154001)		 XXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
06/21/2021 - R
06/14/2021 - D		 Agreement
(2021061600508001)		 XXXXXXXX XXXXX XXXX X X XXX XXXXXX XXX
10/17/2013 - R
07/31/2013 - D		 Assignment, Mortgage
(2013101400299018)		 XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXX X X
05/14/1998 - R Agreement
(3200006057420)		 XXXXXXXXXXXX XXXXXXXXXXX XXX XXXXXX XXX
05/14/1998 - R Mortgage
(3300006054930)		 XXX XXXXXX XX XXXXXXXXXXXX XXXXXXXXXXX
05/14/1998 - R Assignment, Mortgage
(3100006056710)		 XXXXX XXXXXXX XXXX
05/14/1998 - R Assignment, Mortgage
(3170006056717)		 XXXXXXX XXXXXXX XXXX
05/14/1998 - R Sundry Agreement
(3340006056734)		 XXXXXXXXXX XXXXXXX XXXX
04/20/1998 - R UCC3 Termination
(3970006011497)		 XXX XXXXXX XX XXXXX XXXXXXXXXX XXXX X XXXXXXX XXXXXXX XXXX
04/20/1998 - R Initial UCC1
(3300006011430)		 XXX XXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 438 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
$201,680
Municipal exemptions
Recent tax assessments
Market value
$3,818,000
Assessed value
$1,718,100

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 $3,780,000 $1,701,000 $1,586,340 12.439% $197,325 $197,325 -2.04%
2024/25 $3,581,000 $1,611,450 $1,611,450 12.5% $201,431 $201,431 +0.97%
2023/24 $3,546,000 $1,595,700 $1,595,700 12.502% $199,494 $199,494 +9.85%
2022/23 $3,290,000 $1,480,500 $1,480,500 12.267% $181,613 $181,613 -3.80%
2021/22 $3,429,000 $1,543,050 $1,543,050 12.235% $188,792 $188,792 -24.48%
2020/21 $4,902,000 $2,205,900 $2,037,800 12.267% $249,977 $249,977 +3.01%
2019/20 $4,834,000 $2,175,300 $1,945,550 12.473% $242,668 $242,668 +4.93%
2018/19 $4,721,000 $2,124,450 $1,833,680 12.612% $231,264 $231,264 +4.91%
2017/18 $4,661,000 $2,097,450 $1,733,160 12.719% $220,441 $220,441 +8.46%
2016/17 $4,435,000 $1,995,750 $1,576,470 12.892% $203,239 $203,239 +14.11%
Permits

Permit information for 438 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/20/1992 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/29/2020 Earcx-failure to submit eer
12/26/2019 Aeuhaz1-fail to certify class 1
05/09/2019 E-elevator elevatorrequired

*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)
0.243
View subway map

Access the detailed traffic volume map for 438 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 438 Ocean Parkway, Brooklyn, NY

462 Ocean Pkwy, Brooklyn 649 E 5th St, Brooklyn 450 Ocean Pkwy, Brooklyn 468 Ocean Pkwy, Brooklyn 490 Ocean Pkwy, Brooklyn 501 Ditmas Ave, Brooklyn 430 Ocean Pkwy, Brooklyn 597 E 4th St, Brooklyn 601 E 4th St, Brooklyn 488 Ocean Pkwy, Brooklyn 411 Ditmas Ave, Brooklyn 591 E 4th St, Brooklyn 464 Ocean Pkwy, Brooklyn 470 Ocean Pkwy, Brooklyn 577 E 4th St, Brooklyn 589 E 4th St, Brooklyn 595 E 4th St, Brooklyn 466 Ocean Pkwy, Brooklyn 581 E 4th St, Brooklyn 585 E 4th St, Brooklyn

Nearby ZIP codes for 438 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 438 Ocean Parkway, Brooklyn, NY 11218?

The development at 438 Ocean Parkway, Brooklyn, NY 11218 was built in 1940.

What is the total square footage of 438 Ocean Parkway, Brooklyn, NY 11218?

438 Ocean Parkway, Brooklyn, NY 11218 has a total of 55,932 square feet.

What is the assessed value of 438 Ocean Parkway, Brooklyn, NY 11218?

438 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $1,718,100.

What are the property taxes for 438 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 438 Ocean Parkway, Brooklyn, NY 11218 total $201,679.

How many residential units does this building have?

This building has 60 residential unit(s).

Disclaimer

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