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470 Ocean Parkway, Brooklyn, NY 11218 Property Information

470 Ocean Parkway, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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470 Ocean Parkway, Brooklyn, NY 11218 1
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Address

Primary address 470 Ocean Parkway
Secondary address 470-480 Ocean Pkwy
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05389-0034

Sales & Tax Overview for 470 Ocean Parkway, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $262,345

Lot & Building Information for 470 Ocean Parkway, Brooklyn

Lot sq. ft. 21,500
Lot dimensions 141.5 ft x 150 ft
Property type Elevator Apartment - Semi-fireproof without Stores (D1)
Building sqft 72,600
Building dimensions 141.5 ft x 101 ft
Buildings on lot 1
Stories 6
Year built 1931
Construction type
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Zoning & Use for 470 Ocean Parkway, Brooklyn

Zoning
Residential units (DOF) 72
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.42 Miles
Closest fire station 0.40 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 470 Ocean Parkway, Brooklyn

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Floor area ratio (FAR) for 470 Ocean Parkway, Brooklyn, NY 11218, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 470 Ocean Parkway, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 470-480 Ocean Pkwy, Brooklyn, NY 11218

About 470 Ocean Parkway, Brooklyn

What is the year built & the total sq. ft. for 470 Ocean Parkway, Brooklyn, NY 11218?

470 Ocean Parkway, Brooklyn, NY 11218 was built in 1931 and has a total of 72,600 square feet.

What is the assessed value of 470 Ocean Parkway, Brooklyn, NY 11218 and the property tax paid?

Assessed at $2,169,900, the tax amount paid for 470 Ocean Parkway, Brooklyn, NY 11218 is $255,737. For the next year, the tax amount for 470 Ocean Parkway, Brooklyn, NY 11218 is estimated at $262,345.

When was 470 Ocean Parkway, Brooklyn, NY 11218 last sold?

470 Ocean Parkway, Brooklyn, NY 11218 was last sold in 03/20/1997.

How many residential units does this building have?

This building has 72 residential unit(s).

Ownership Information for 470 Ocean Parkway, Brooklyn

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Property owner name for 470 Ocean Parkway, Brooklyn, NY 11218
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Building contacts for 470 Ocean Parkway, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 470 Ocean Parkway, Brooklyn

Create a free account to view the complete sales history for 470 Ocean Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 470 Ocean Parkway, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
12/03/2018 - R Initial UCC1
(2018112901236001)
11/08/2018 - R UCC3 Termination
(2018110701006002)
11/08/2018 - R UCC3 Termination
(2018110701006001)
11/06/2018 - D
11/08/2018 - R
Assignment of Leases and Rents
(2018110701006008)
11/06/2018 - D
11/08/2018 - R
Mortgage
(2018110701006006)
10/22/2018 - D
11/08/2018 - R
Assignment, Mortgage
(2018110701006005)
10/22/2018 - D
11/08/2018 - R
Assignment, Mortgage
(2018110701006004)
08/31/2018 - D
11/08/2018 - R
Termination of Assign of L&R
(2018110701006003)
01/06/2018 - D
11/08/2018 - R
Agreement
(2018110701006007)
07/22/2014 - R Initial UCC1
(2014071501285001)
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R: Recorded date
D: Document date

Property Taxes for 470 Ocean Parkway, Brooklyn

Access detailed property tax data for 470 Ocean Parkway, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $255,737
Estimated property tax: $262,345
Tax assessor's market value: $4,822,000
Assessed value: $2,169,900

Assessment History for 470 Ocean Parkway, Brooklyn

Here's the assessment & property tax history for 470 Ocean Parkway, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $4,822,000 $2,169,900 $2,055,930 12.439% $255,737 $255,737 +2.76%
2024/25 $4,434,000 $1,995,300 $1,990,950 12.5% $248,869 $248,869 +2.96%
2023/24 $4,786,000 $2,153,700 $1,933,383 12.502% $241,712 $241,712 +6.69%
2022/23 $4,535,000 $2,040,750 $1,846,860 12.267% $226,554 $226,554 +2.44%
2021/22 $4,628,000 $2,082,600 $1,807,537 12.235% $221,152 $221,152 +14.94%

Permits for 470 Ocean Parkway, Brooklyn

The complete history of permits filed for 470 Ocean Parkway, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
05/20/2019 Alteration type 2
05/20/2019 Alteration type 2
05/20/2019 Alteration type 2
12/26/2018 Alteration type 2
07/02/2018 Alteration type 2
06/04/2018 Alteration type 2
03/22/2018 Alteration type 2
01/18/2018 Alteration type 2
02/17/2005 Alteration type 2
04/03/1992 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Cortelyou Rd at SE Corner
Station lines F
Distance (miles) 0.249
View subway map
Bus Routes
Name 18 Av/E 8 St
Line B8
Distance (miles) 0.257

Neighbors for 470 Ocean Parkway, Brooklyn

Here are the neighbors for 470 Ocean Parkway, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
649 E 5th St, Brooklyn 2,532 06/04/2009 $674,500
619 E 5th St, Brooklyn 2,208 06/01/1992
462 Ocean Pkwy, Brooklyn 4,092 12/09/2021
490 Ocean Pkwy, Brooklyn 58,704 10/31/1985
501 Ditmas Ave, Brooklyn 19,400 08/31/1989
468 Ocean Pkwy, Brooklyn 7,210 02/08/1994
450 Ocean Pkwy, Brooklyn 69,600 05/19/2022 $10,353,000
430 Ocean Pkwy, Brooklyn 88,277 06/14/1991
488 Ocean Pkwy, Brooklyn 43,116 07/16/2004 $74,000
623 E 5th St, Brooklyn 41,963 05/02/1996
411 Ditmas Ave, Brooklyn 21,320
645 E 5th St, Brooklyn 2,711 11/05/2023
637 E 5th St, Brooklyn 2,316 10/30/2023
464 Ocean Pkwy, Brooklyn 4,092 11/10/2011 $877,500
577 E 4th St, Brooklyn 2,406 06/07/2002
641 E 5th St, Brooklyn 3,177 10/16/2023
621 E 5th St, Brooklyn 2,208 11/30/2017
466 Ocean Pkwy, Brooklyn 7,160 02/18/2014 $1,200,000
438 Ocean Pkwy, Brooklyn 55,932 03/17/1998
581 E 4th St, Brooklyn 2,406 02/05/2021
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