| Primary address | 421 Ocean Parkway |
| Secondary address | 602-614 Cortelyou Rd |
| Neighborhood | Kensington |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05390-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $75,610 |
| Lot sq. ft. | 5,750 |
| Lot dimensions | |
| Property type | Office with Apartments Only (No Commercial) (O8)
|
| Building sqft | 14,913 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 2000 |
| Construction type | Register |
| School district | 20 |
| Community district | 12 |
| Closest police station | 0.54 Miles |
| Closest fire station | 0.31 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office with Apartments Only (No Commercial) (O8) located at 421 Ocean Parkway, Brooklyn, NY 11218 has a total of 14,913 square feet.
What is the year built & the current market value of 421 Ocean Parkway, Brooklyn, NY 11218?421 Ocean Parkway, Brooklyn, NY 11218 was built in 2000 and has a current tax assessor's market value of $1,629,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 12/23/2024 |
| Last updated | 02/05/2026 |
| Lot size | 0.132 Acre |
Create a free account to view the complete sales history for 421 Ocean Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 421 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: | $65,923 |
| Estimated property tax: | $75,610 |
| Tax assessor's market value: | $1,629,000 |
| Assessed value: | $733,050 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 421 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 | $1,629,000 | $733,050 | $607,700 | 10.848% | $79,521 | $65,923 | +4.34% |
| 2024/25 | $1,676,000 | $754,200 | $587,066 | 10.762% | $81,167 | $63,180 | +5.11% |
| 2023/24 | $1,849,000 | $832,050 | $567,513 | 10.592% | $82,239 | $60,111 | +9.69% |
| 2022/23 | $1,725,000 | $776,250 | $514,750 | 10.646% | $81,490 | $54,800 | +52.59% |
| 2021/22 | $1,392,000 | $626,400 | $333,916 | 10.755% | $67,369 | $35,913 | -25.40% |
The complete history of permits filed for 421 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | McDonald Ave & Cortelyou Rd at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.312 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Coney Island Av/Cortelyou Rd | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.201 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 421 Ocean Parkway, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 562 E 7th St, Brooklyn | 1,520 | 05/03/2021 | $1,585,000 |
| 587 E 5th St, Brooklyn | 2,694 | 11/17/2008 | |
| 599 E 5th St, Brooklyn | 2,197 | 03/07/2000 | |
| 618 Cortelyou Rd, Brooklyn | 2,499 | 01/20/1993 | |
| 622 Cortelyou Rd, Brooklyn | 11,740 | 04/20/1995 | |
| 564 E 7th St, Brooklyn | 1,600 | 12/04/1997 | |
| 595 E 5th St, Brooklyn | 1,500 | 01/12/2024 | $1,250,000 |
| 570 E 7th St, Brooklyn | 1,488 | 11/08/1996 | |
| 573 E 5th St, Brooklyn | 2,880 | 08/24/1981 | |
| 560 E 7th St, Brooklyn | 1,380 | 07/30/2018 | $1,500,000 |
| 577 E 5th St, Brooklyn | 2,880 | 01/24/2000 | |
| 609 E 5th St, Brooklyn | 1,943 | 07/27/1997 | |
| 583 E 5th St, Brooklyn | 2,515 | 01/25/2016 | |
| 605 E 5th St, Brooklyn | 1,814 | 02/05/2019 | |
| 550 E 7th St, Brooklyn | 2,641 | 02/13/1987 | |
| 558 E 7th St, Brooklyn | 1,280 | 02/24/2025 | $900,000 |
| 593 E 5th St, Brooklyn | 1,902 | 08/01/2005 | $740,000 |
| 556 E 7th St, Brooklyn | 1,280 | 07/16/2017 | |
| 566 E 7th St, Brooklyn | 1,540 | ||
| 613 E 5th St, Brooklyn | 2,260 | 03/25/2014 |
