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421 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 602-614 Cortelyou Rd

Property image for 421 Ocean Parkway, Brooklyn, NY 11218
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Property type

Office with Apartments Only (No Commercial) (O8)

Year built

2000

Lot sq. ft.

5,750

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
421 Ocean Parkway
Alternate address(es)
602-614 Cortelyou Rd
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05390-0001

Owner

Find out who owns 421 Ocean Parkway, Brooklyn, NY 11218. Uncover corporate and individual owners with a free account.

Building
Property type
Office with Apartments Only (No Commercial) (O8)
Building sq. ft.
14,913
Building dimensions
48 ft x 84 ft
Buildings on lot
1
Stories
3
Year built
2000
Building material
Tax
Tax year
2026-2027
Property tax
$75,611
Tax class
Zoning & Use
Zoning
Residential units
3
Residential sq. ft.
Commercial units
1
Office sq. ft.
Lot
Lot dimensions
50 ft x 115 ft
Lot sq. ft.
5,750
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
14,893 sq. ft.
Buildable area

Area overview

Walk score
85 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.54 Miles
Closest fire station
0.31 Miles

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

Ownership

Ownership information for 421 Ocean Parkway, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 421 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
03/28/2024 - R UCC3 Termination
(2024032800643001)		 XXX XXXXXXXXX XXXX XXXX XXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
03/29/2024 - R
03/21/2024 - D		 Satisfaction of Mortgage
(2024032800645001)		 XXX XXXXXXXXX XXXX XXXX XXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
03/29/2024 - R
03/21/2024 - D		 Termination of Assign of L&R
(2024032800644001)		 XXX XXXXXXXXX XXXX XXXX XXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
08/28/2018 - R UCC3 Continuation
(2018082401032001)		 XXX XXXXXXXXX XXXX XXXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
09/18/2013 - R Initial UCC1
(2013091600947001)		 XXX XXXXXXXXX XXXX XXXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
09/20/2013 - R
09/11/2013 - D		 Assignment of Leases and Rents
(2013091100006004)		 XXX XXXXXXXXX XXXX XXXX XXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
09/20/2013 - R
09/11/2013 - D		 Agreement
(2013091100006003)		 XXX XXXXXXXXX XXXX XXXX XXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
09/20/2013 - R
09/11/2013 - D		 Mortgage
(2013091100006002)		 XXX XXXXXXXXX XXXX XXXX XXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX
10/07/2013 - R
09/05/2013 - D		 Termination of Assign of L&R
(2013091101614001)		 XX XXXX XXXXX XXX XXXXXXXXX XXXX XXXX
09/20/2013 - R
09/05/2013 - D		 Assignment, Mortgage
(2013091100006001)		 XX XXXX XXXXX XXX XXXXX XXXXXXXX XXXX XX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 421 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
$75,611
Municipal exemptions
Recent tax assessments
Market value
$1,794,000
Assessed value
$807,300

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 $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%
2020/21 $1,843,000 $829,350 $450,173 10.694% $83,888 $48,142 +16.98%
2019/20 $1,818,000 $818,100 $390,570 10.537% $80,779 $41,154 +22.74%
2018/19 $1,727,000 $777,150 $318,906 10.514% $77,461 $33,530 +13.99%
2017/18 $1,699,000 $764,550 $279,769 10.514% $75,076 $29,415 +15.58%
2016/17 $1,629,000 $733,050 $240,686 10.574% $71,793 $25,450 +10.03%
Permits

Permit information for 421 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/22/2014 Alteration type 2
10/17/2013 Alteration type 2
12/03/2009 Alteration type 3
08/31/2004 Alteration type 2
11/19/2003 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
08/21/2013 E-elevator
09/07/2012 E-elevator
04/13/2011 Z-zoning

*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)
0.312
View subway map

Access the detailed traffic volume map for 421 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 421 Ocean Parkway, Brooklyn, NY

562 E 7th St, Brooklyn 587 E 5th St, Brooklyn 599 E 5th St, Brooklyn 618 Cortelyou Rd, Brooklyn 622 Cortelyou Rd, Brooklyn 564 E 7th St, Brooklyn 595 E 5th St, Brooklyn 570 E 7th St, Brooklyn 573 E 5th St, Brooklyn 560 E 7th St, Brooklyn 577 E 5th St, Brooklyn 609 E 5th St, Brooklyn 583 E 5th St, Brooklyn 605 E 5th St, Brooklyn 550 E 7th St, Brooklyn 558 E 7th St, Brooklyn 593 E 5th St, Brooklyn 556 E 7th St, Brooklyn 566 E 7th St, Brooklyn 613 E 5th St, Brooklyn

Nearby ZIP codes for 421 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 421 Ocean Parkway, Brooklyn, NY 11218?

The development at 421 Ocean Parkway, Brooklyn, NY 11218 was built in 2000.

What is the market value of 421 Ocean Parkway, Brooklyn, NY 11218?

The current market value of 421 Ocean Parkway, Brooklyn, NY 11218 is $1,794,000.

What is the total square footage of 421 Ocean Parkway, Brooklyn, NY 11218?

421 Ocean Parkway, Brooklyn, NY 11218 has a total of 14,913 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

How many active listings does 421 Ocean Parkway, Brooklyn, NY 11218 have?

This address has 1 active listing(s).

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