New York City  »  11218  »  Ocean Pkwy  »  540 Ocean Pkwy

Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 540 Ocean Pkwy

Property image for Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1962

Lot sq. ft.

33,000

General information

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Address
Building name
Imperial House
Primary address
Imperial House - 540 Ocean Parkway
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05399-0021

Owner

Find out who owns Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
130,496
Building dimensions
220 ft x 120 ft
Buildings on lot
1
Stories
6
Year built
1962
Tax
Tax year
2026-2027
Property tax
$424,779
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
114
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Ocean Parkway (wide)
Distance to wide street
Lot dimensions
220 ft x 150 ft
Lot sq. ft.
33,000

Area overview

Walk score
83 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.29 Miles
Closest fire station
0.45 Miles

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

Units for Imperial House - 540 Ocean Parkway, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1A 04/12/2007
Unit 1C
Unit 1D
Unit 1E 01/28/2022
Unit 1F
Unit 1G
Unit 1H
Unit 1I
Unit 1J
Unit 1K
Unit 1L
Unit 1M
Unit 1N
Unit 1P
Unit 1R
Unit 1S
Unit 2A
Unit 2B
Unit 2C
Unit 2D
Unit 2E 06/18/2024
Unit 2F
Unit 2G 09/27/2004
Unit 2H
Unit 2I
Unit 2J
Unit 2K
Unit 2L 07/17/2017
Unit 2M
Unit 2N 05/04/2006
Unit 2P 11/14/2022 750
Unit 2R
Unit 2S 09/21/2011
Unit 3B
Unit 3D 10/07/2019 1,100
Unit 3F 05/29/2015
Unit 3G
Unit 3H 10/26/2023 1,000
Unit 3I
Unit 3K
Unit 3L
Unit 3M 07/17/2019
Unit 3O
Unit 3P
Unit 3R 10/10/2007
Unit 3S 10/24/2006
Unit 40
Unit 4A
Unit 4B
Unit 4C
Unit 4D
Unit 4E
Unit 4F 08/10/2018
Unit 4G 09/29/2023 1,000
Unit 4H 1,000
Unit 4I 05/27/2021 1,400
Unit 4J
Unit 4K
Unit 4L 05/05/2022
Unit 4M
Unit 4N
Unit 4O 09/02/2014
Unit 4P
Unit 4S
Unit 5A
Unit 5C
Unit 5D 06/10/2004
Unit 5E
Unit 5F
Unit 5G 05/21/2019
Unit 5H
Unit 5I 05/07/2025
Unit 5J
Unit 5K
Unit 5L
Unit 5M
Unit 5N
Unit 5O
Unit 5P 07/25/2007
Unit 5R 09/30/2025
Unit 5S 09/12/2016
Unit 6B 03/17/2017
Unit 6C
Unit 6E
Unit 6F 03/22/2018 1,087
Unit 6G
Unit 6H 05/24/2004
Unit 6I 11/23/2011 1,400
Unit 6J
Unit 6K
Unit 6L 10/26/2007
Unit 6M
Unit 6N
Unit 6O
Unit 6R 02/23/2016 850
Unit 6S 09/18/2023
Unit LA
Unit LI
Unit LP
Unit LS
Ownership

Ownership information for Imperial House - 540 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 Imperial House - 540 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
09/12/2019 - R Initial UCC1
(2019091100647003)		 XXXXXXXX XXXXX XXXX XXX XXXX XXXXXXXXX XXXX
09/12/2019 - R
09/05/2019 - D		 Agreement
(2019091100647002)		 XXXXXXXX XXXXX XXXX XXX XXXX XXXXXXXXX XXXX
09/12/2019 - R
09/05/2019 - D		 Mortgage
(2019091100647001)		 XXXXXXXX XXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/28/2007 - R
12/18/2007 - D		 UCC3 Continuation
(2007121800576001)		 XXXXXXXX XXXXX XXX X XXXXXX XXXXXX XXXXXXX XXXX XXXXXXXX XXXXXX
06/09/2004 - R Initial Coop UCC1
(2004060301964001)		 XXXXXX XXXXX XXXXXXXXXXXX XX X
06/08/2004 - R
04/28/2004 - D		 NYS Real Estate Transfer Tax
(2004042801195002)		 XXXXXXX XXXX XXXXXXXX XXXX
06/08/2004 - R
04/28/2004 - D		 NYC Real Property Transfer Tax
(2004042801195001)		 XXXXXXX XXXX XXXXXXXX XXXX
05/27/2004 - R
04/06/2004 - D		 UCC3 Termination
(2004040600040001)		 XXXXX XXXXX XXXXXXXXXXXX XXX
06/02/2004 - R
03/05/2004 - D		 UCC3 Termination
(2004030501187001)		 XXXXXXX XXXXXX XXXXX XXXXXXXXXX XXXXXXXX XXXXXXXXXXX
11/05/2004 - R
01/30/2004 - D		 UCC3 Assignment
(2004090201248001)		 XXXXXXXXXXXXXX XXXX XXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Imperial House - 540 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
$424,779
Municipal exemptions
Recent tax assessments
Market value
$8,462,000
Assessed value
$3,807,900

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 $9,909,000 $4,459,050 $4,031,225 12.439% $507,832 $456,271 -0.36%
2024/25 $9,544,000 $4,294,800 $4,023,991 12.5% $509,119 $457,927 +6.36%
2023/24 $8,563,000 $3,853,350 $3,806,689 12.502% $481,746 $430,564 -0.84%
2022/23 $8,785,000 $3,953,250 $3,905,241 12.267% $484,945 $434,195 +3.32%
2021/22 $8,561,000 $3,852,450 $3,801,372 12.235% $471,347 $420,237 -8.43%
2020/21 $9,802,000 $4,410,900 $3,740,998 12.267% $465,017 $458,908 +5.94%
2019/20 $9,485,000 $4,268,250 $3,473,069 12.473% $439,463 $433,196 +5.76%
2018/19 $8,593,000 $3,866,850 $3,247,606 12.612% $416,063 $409,588 -0.22%
2017/18 $8,095,000 $3,642,750 $3,227,286 12.719% $415,118 $410,479 +5.07%
2016/17 $7,555,070 $3,399,782 $3,030,456 12.892% $395,554 $390,686 +5.16%
Permits

Permit information for Imperial House - 540 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/05/2022 Alteration
11/18/2021 Alteration
11/15/2021 Alteration
03/20/2019 Alteration
08/03/2011 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
07/30/2026 B
07/30/2026 A
01/07/2026 C

*Most recent HPD violations on record for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

Access a detailed real estate market overview of Kensington, Ocean Parkway so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Kensington, Ocean Parkway and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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 & Ditmas Ave at SE Corner
Station lines
F
Distance (miles)
0.25
View subway map

Access the detailed traffic volume map for Imperial House - 540 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.42
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.42
Mavakshai Hashem NR No Private PK-8 475 0.03
Mavakshai Hashem NR No Private PK-8 475 0.03
Mevakshai Hashem NR No Private PK-8 572 0.03
Mevakshai Hashem NR No Private PK-8 572 0.03
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.05
P.S. 134 9 No Public K-5 493 0.19
Brooklyn Dreams Charter School 6 No Charter K-8 616 0.27
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.24
Mavakshai Hashem NR No Private PK-8 475 0.03
Mevakshai Hashem NR No Private PK-8 572 0.03
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.05
Brooklyn Dreams Charter School 6 No Charter K-8 616 0.27
Yeshiva Torah Vodaath NR No Private K-8 0 0.29
Bonim Lamokom NR No Private 35 0.29
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.05
Yeshiva Nesivas Chaim NR No Private 9-12 0 0.18
Yeshiva Gedolah of Midwood NR No Private 9-12 0 0.21
Torah Vodaath High School NR No Private 9-12 0 0.29
Bonim Lamokom NR No Private 35 0.29

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for Imperial House - 540 Ocean Parkway, Brooklyn, NY

572 Ocean Pkwy, Brooklyn 685 E 4th St, Brooklyn 570 Ocean Pkwy, Brooklyn 677 E 4th St, Brooklyn 681 E 4th St, Brooklyn 550 Ocean Pkwy, Brooklyn 507 Avenue F, Brooklyn 669 E 5th St, Brooklyn 691 E 4th St, Brooklyn 511 Avenue F, Brooklyn 510 Ocean Pkwy, Brooklyn 743 E 5th St, Brooklyn 739 E 5th St, Brooklyn 687 E 4th St, Brooklyn 695 E 4th St, Brooklyn 699 E 4th St, Brooklyn 733 E 5th St, Brooklyn 501 Avenue F, Brooklyn 729 E 5th St, Brooklyn 514 Ocean Pkwy, Brooklyn

Nearby ZIP codes for Imperial House - 540 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 Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218?

The development at Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218 was built in 1962.

What is the total square footage of Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218?

Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218 has a total of 130,496 square feet.

What is the assessed value of Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218?

Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218 is currently assessed at $3,807,900.

What are the property taxes for Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218?

The property taxes for Imperial House - 540 Ocean Parkway, Brooklyn, NY 11218 total $468,998.

How many residential units does this building have?

This building has 114 residential unit(s).

Disclaimer

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