Kings  »  11218  »  Ocean Pkwy  »  483 Ocean Pkwy

483 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 475-485 Ocean Pkwy

Property image for 483 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1964

Lot sq. ft.

13,500

Sale price

$22,750,000

General information

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Address
Primary address
483 Ocean Parkway
Alternate address(es)
475-485 Ocean Pkwy
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05390-0061

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
48,600
Building dimensions
90 ft x 120 ft
Buildings on lot
1
Stories
6
Year built
1964
Building material
Sales
Sale date
12/16/2016
Sale price
$22,750,000
Tax
Tax year
2026-2027
Property tax
$383,477
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
63
Residential sq. ft.
Lot
Lot dimensions
90 ft x 150 ft
Lot sq. ft.
13,500

Area overview

Walk score
86 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.42 Miles
Closest fire station
0.34 Miles

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Ownership information for 483 Ocean Parkway, Brooklyn, NY

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

Sales history for 483 Ocean Parkway, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
12/16/2016 $22,750,000 XXX XXXXX XXXXXXX, XXX XXXXX XXX XXXXXXX XXXXXXXXXXX
08/30/2007 $12,400,000 XXXXX XXX XXXXXXX XXXXXXXXXXX XXXXXX XXXXXX XXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/18/2022 - R UCC3 Assignment
(2022051701054001)
XXXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/26/2022 - R
11/02/2021 - D
Assignment, Mortgage
(2022051701042001)
XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX X XXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/20/2021 - R Initial UCC1
(2021071501219001)
XXXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XX
07/06/2021 - R UCC3 Termination
(2021062800783006)
XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXX XXXXX XXXXXXX XXX
07/06/2021 - R UCC3 Termination
(2021062800783005)
XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXX XXXXX XXXXXXX XXX
07/20/2021 - R
06/08/2021 - D
Agreement
(2021071501219002)
XXXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XX
07/12/2021 - R
06/08/2021 - D
Both RPTT and RETT
(2021070600044001)
XXX XXXXX XXXXXXX XXX XXX XXXXX XXXXXXX XXXXXX XXX XXX
07/06/2021 - R
06/08/2021 - D
Termination of Assign of L&R
(2021062800783004)
XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXX XXXXX XXXXXXX XXX
07/06/2021 - R
06/08/2021 - D
Termination of Assign of L&R
(2021062800783003)
XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXX XXXXX XXXXXXX XXX
07/06/2021 - R
06/08/2021 - D
Assignment, Mortgage
(2021062800783002)
XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 483 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
$383,477
Municipal exemptions
Recent tax assessments
Market value
$7,090,000
Assessed value
$3,190,500

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 $6,919,000 $3,113,550 $2,956,460 12.439% $367,754 $367,754 +2.32%
2024/25 $6,840,000 $3,078,000 $2,875,190 12.5% $359,399 $359,399 +11.16%
2023/24 $6,758,000 $3,041,100 $2,788,970 12.502% $348,677 $323,323 -2.74%
2022/23 $6,647,000 $2,991,150 $2,709,860 12.267% $332,419 $332,419 +4.73%
2021/22 $6,230,000 $2,803,500 $2,594,250 12.235% $317,406 $317,406 +6.59%
2020/21 $6,016,000 $2,707,200 $2,427,480 12.267% $297,779 $297,779 +7.13%
2019/20 $5,882,000 $2,646,900 $2,228,490 12.473% $277,960 $277,960 +9.87%
2018/19 $5,879,000 $2,645,550 $2,005,920 12.612% $252,987 $252,987 +8.37%
2017/18 $4,818,000 $2,168,100 $1,835,370 12.719% $233,441 $233,441 +3.89%
2016/17 $4,377,000 $1,969,650 $1,742,940 12.892% $224,700 $224,700 +4.24%

Permit information for 483 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/27/2021 Alteration CO
08/26/2019 Alteration
06/27/2019 Alteration
10/10/2018 Alteration
09/19/2018 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/01/2023 Egrade-failure to post energy grade/score none
12/01/2021 Egrade-failure to post energy grade/score
02/21/2018 Fisp-facade safety program facade required

*Most recent DOB violations on record for this property.

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

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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 & Ditmas Ave at SE Corner
Station lines
F
Distance (miles)
0.315

Access the detailed traffic volume map for 483 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

Frequently asked questions

What is the year built for 483 Ocean Parkway, Brooklyn, NY 11218?

The development at 483 Ocean Parkway, Brooklyn, NY 11218 was built in 1964.

What is the total square footage of 483 Ocean Parkway, Brooklyn, NY 11218?

483 Ocean Parkway, Brooklyn, NY 11218 has a total of 48,600 square feet.

When was 483 Ocean Parkway, Brooklyn, NY 11218 last sold and what was the sale price?

483 Ocean Parkway, Brooklyn, NY 11218 was last sold on 12/16/2016 for $22,750,000.

What is the assessed value of 483 Ocean Parkway, Brooklyn, NY 11218?

483 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $3,190,500.

What are the property taxes for 483 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for 483 Ocean Parkway, Brooklyn, NY 11218 total $383,476.

How many residential units does this building have?

This building has 63 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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