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450 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 450 Ocean Pkwy

Property image for 450 Ocean Parkway, Brooklyn, NY 11218
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1931

Lot sq. ft.

19,250

Sale price

$10,353,000

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
450 Ocean Parkway
Alternate address(es)
450-460 Ocean Pkwy
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05389-0024

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
69,600
Building dimensions
110 ft x 132 ft
Buildings on lot
1
Stories
6
Year built
1931
Building material
Sales
Sale date
05/19/2022
Sale price
$10,353,000
Tax
Tax year
2026-2027
Property tax
$192,388
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
69
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
110 ft x 175 ft
Lot sq. ft.
19,250

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
0.46 Miles
Closest fire station
0.38 Miles

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

Ownership

Ownership information for 450 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 450 Ocean Parkway, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
05/19/2022 $10,353,000 XXX XXXXX XXXXXXX XXXXX XXX XXXXXXXXXX XXXXXXXX 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
08/12/2022 - R Initial UCC1
(2022080800896006)		 XXX XXXXX XXXXXXX XXXXX XXX XXXXXXXX XXXX
08/12/2022 - R
08/01/2022 - D		 Assignment of Leases and Rents
(2022080800896005)		 XXX XXXXX XXXXXXX XXXXX XXX XXXXXXXX XXXX
08/12/2022 - R
08/01/2022 - D		 Agreement
(2022080800896004)		 XXX XXXXX XXXXXXX XXXXX XXX XXXXXXXX XXXX
08/12/2022 - R
08/01/2022 - D		 Mortgage
(2022080800896003)		 XXX XXXXX XXXXXXX XXXXX XXX XXXXXXXX XXXX
08/12/2022 - R
08/01/2022 - D		 Assignment, Mortgage
(2022080800896002)		 XX XXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXX
06/08/2022 - R UCC3 Termination
(2022052700828004)		 XXXXXXXXXX XXXXXXXX XXX XXXXXXXXX XXXX
08/12/2022 - R
05/19/2022 - D		 Agreement
(2022080800896001)		 XXX XXXXX XXXXXXX XXXXX XXX XX XXXXXXX XXXXXXXXXX XXX
06/08/2022 - R
05/19/2022 - D		 Termination of Assign of L&R
(2022052700828003)		 XXXXXXXXX XXXX XXXXXXXXXX XXXXXXXX XXX
06/08/2022 - R
05/19/2022 - D		 Assignment, Mortgage
(2022052700828002)		 XXXXXXXXX XXXX XX XXXXXXX XXXXXXXXXX XXX
06/08/2022 - R
05/19/2022 - D		 Deed
(2022052700828001)		 XXXXXXXXXX XXXXXXXX XXX XXX XXXXX XXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 450 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
$192,388
Municipal exemptions
Recent tax assessments
Market value
$3,437,000
Assessed value
$1,546,650

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 $4,371,000 $1,966,950 $1,815,840 12.439% $225,872 $225,872 +5.50%
2024/25 $3,806,000 $1,712,700 $1,712,700 12.5% $214,088 $214,088 -0.11%
2023/24 $4,531,000 $2,038,950 $1,714,320 12.502% $214,324 $214,324 +7.39%
2022/23 $4,185,000 $1,883,250 $1,626,930 12.267% $199,576 $199,576 +10.41%
2021/22 $3,283,000 $1,477,350 $1,477,350 12.235% $180,754 $180,754 -5.22%
2020/21 $3,711,000 $1,669,950 $1,554,660 12.267% $190,710 $190,710 +4.31%
2019/20 $3,338,000 $1,502,100 $1,465,740 12.473% $182,822 $182,822 +3.83%
2018/19 $3,560,000 $1,602,000 $1,396,080 12.612% $176,074 $176,074 +6.85%
2017/18 $3,505,000 $1,577,250 $1,295,550 12.719% $164,781 $164,781 +12.53%
2016/17 $3,160,000 $1,422,000 $1,135,800 12.892% $146,427 $146,427 +14.46%
Permits

Permit information for 450 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/21/2023 Alteration
08/01/2012 Alteration type 3
07/03/2012 Alteration type 3
06/20/2006 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/26/2021 E-elevator
09/16/2020 E-elevator
05/04/2017 E-elevator

*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)
0.242
View subway map

Access the detailed traffic volume map for 450 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 450 Ocean Parkway, Brooklyn, NY

462 Ocean Pkwy, Brooklyn 649 E 5th St, Brooklyn 468 Ocean Pkwy, Brooklyn 490 Ocean Pkwy, Brooklyn 501 Ditmas Ave, Brooklyn 430 Ocean Pkwy, Brooklyn 597 E 4th St, Brooklyn 488 Ocean Pkwy, Brooklyn 411 Ditmas Ave, Brooklyn 591 E 4th St, Brooklyn 645 E 5th 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 438 Ocean Pkwy, Brooklyn 581 E 4th St, Brooklyn 585 E 4th St, Brooklyn

Nearby ZIP codes for 450 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 450 Ocean Parkway, Brooklyn, NY 11218?

The development at 450 Ocean Parkway, Brooklyn, NY 11218 was built in 1931.

What is the total square footage of 450 Ocean Parkway, Brooklyn, NY 11218?

450 Ocean Parkway, Brooklyn, NY 11218 has a total of 69,600 square feet.

When was 450 Ocean Parkway, Brooklyn, NY 11218 last sold and what was the sale price?

450 Ocean Parkway, Brooklyn, NY 11218 was last sold on 05/19/2022 for $10,353,000.

What is the assessed value of 450 Ocean Parkway, Brooklyn, NY 11218?

450 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $1,546,650.

What are the property taxes for 450 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 450 Ocean Parkway, Brooklyn, NY 11218 total $192,387.

How many residential units does this building have?

This building has 69 residential unit(s).

Disclaimer

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