Kings  »  11218  »  Ocean Pkwy  »  571 Ocean Pkwy

571 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 571 Ocean Pkwy

Property image for 571 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2021

Lot sq. ft.

5,600

Sale price

$3,900,000

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
571 Ocean Parkway
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05400-0072

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
24,510
Building dimensions
40 ft x 78.75 ft
Buildings on lot
1
Stories
8
Year built
2021
Building material
Sales
Sale date
05/08/2020
Sale price
$3,900,000
Tax
Tax year
2026-2027
Property tax
$7,495
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
29
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
40 ft x 140 ft
Lot sq. ft.
5,600

Area overview

Walk score
83 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
22
Community district
12
Closest police station
0.28 Miles
Closest fire station
0.44 Miles

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

Ownership

Ownership information for 571 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 571 Ocean Parkway, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
05/08/2020 $3,900,000 XXX XXXX XXX XXX XXXXX XXX
03/01/2017 $10 XXX XXXXX XXX XXXX XXXXX XXX XXX
06/15/2015 $990,000 XXXX XXXXX XXX XXX XXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/10/2023 - R
08/31/2023 - D		 Termination of Agreement
(2023100400510001)		 XXX XXX X XXXXXXX XXX XXXXXXXXX XXXX
08/31/2023 - R UCC3 Assignment
(2023081400096002)		 XXX XX XXX XXXXX XXXXXXX XXXXXXXXXX XXX
08/10/2023 - R Initial UCC1
(2023080800070011)		 XXX XX XXX XXXXX XXXXXXX XXXXXXXXXX XXX
08/10/2023 - R UCC3 Termination
(2023080800070004)		 XXX XXXX XXX XXX XXXXX XXX XXXXXXX XXX
08/10/2023 - R UCC3 Termination
(2023080800070003)		 XXX XXXX XXX XXX XXXXX XXXXXXX XXXXXXX XXX
08/10/2023 - R UCC3 Termination
(2023080800070002)		 XXX XXXX XXX XXX XXX X XXXXXXX XXX
08/10/2023 - R UCC3 Termination
(2023080800070001)		 XXX XXXX XXX XXX XXXXX XXXXX XXXXXXX XXX
08/31/2023 - R
08/01/2023 - D		 Assignment, Mortgage
(2023081400096001)		 XXXXX XXXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/10/2023 - R
08/01/2023 - D		 Agreement
(2023080800070010)		 XXX XX XXX XXXXX XXXXXXX XXXXXXXXXX XXX
08/10/2023 - R
08/01/2023 - D		 Mortgage
(2023080800070009)		 XXX XX XXX XXXXX XXXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 571 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
$7,495
Municipal exemptions
Recent tax assessments
Market value
$4,392,000
Assessed value
$1,976,400

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 $4,298,000 $1,934,100 $60,254 12.439% $235,978 $7,495 -0.49%
2024/25 $4,301,000 $1,935,450 $60,254 12.5% $232,406 $7,532 -94.61%
2023/24 $2,740,000 $1,233,000 $1,118,700 12.502% $139,860 $139,860 +1210.50%
2022/23 $532,000 $239,400 $87,000 12.267% $10,672 $10,672 +9.32%
2021/22 $815,000 $48,900 $48,900 19.963% $9,762 $9,762 -23.60%
2020/21 $1,891,000 $113,460 $60,714 21.045% $12,777 $12,777 +0.18%
2019/20 $1,841,000 $110,460 $60,254 21.167% $12,754 $12,754 +7.25%
2018/19 $1,507,000 $90,420 $56,846 20.919% $11,892 $11,892 +8.78%
2017/18 $1,365,000 $81,900 $53,629 20.385% $10,932 $10,932 +8.09%
2016/17 $1,051,000 $63,060 $50,595 19.991% $10,114 $10,114 +2.23%
Permits

Permit information for 571 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/11/2023 Alteration
06/07/2023 Alteration
06/07/2023 Alteration
08/19/2022 Alteration
06/01/2022 Subdivision: condo

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
01/19/2022 Aeuhaz1-fail to certify class 1
01/19/2022 Aeuhaz1-fail to certify class 1
10/19/2021 C-construction

*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 & Ditmas Ave at SE Corner
Station lines
F
Distance (miles)
0.329
View subway map

Access the detailed traffic volume map for 571 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 571 Ocean Parkway, Brooklyn, NY

591 Ocean Pkwy, Brooklyn 730 E 7th St, Brooklyn 724 Ditmas Ave, Brooklyn 734 E 7th St, Brooklyn 525 Ocean Pkwy, Brooklyn 712 Ditmas Ave, Brooklyn 720 Ditmas Ave, Brooklyn 704 Ditmas Ave, Brooklyn 585 Ocean Pkwy, Brooklyn 609 Ocean Pkwy, Brooklyn 726 E 7th St, Brooklyn 718 E 7th St, Brooklyn 567 Ocean Pkwy, Brooklyn 581 Ocean Pkwy, Brooklyn 605 Ocean Pkwy, Brooklyn 708 Ditmas Ave, Brooklyn 722 E 7th St, Brooklyn 555 Ocean Pkwy, Brooklyn 716 Ditmas Ave, Brooklyn 728 Ditmas Ave, Brooklyn

Nearby ZIP codes for 571 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 571 Ocean Parkway, Brooklyn, NY 11218?

The development at 571 Ocean Parkway, Brooklyn, NY 11218 was built in 2021.

What is the market value of 571 Ocean Parkway, Brooklyn, NY 11218?

The current market value of 571 Ocean Parkway, Brooklyn, NY 11218 is $4,392,000.

What is the total square footage of 571 Ocean Parkway, Brooklyn, NY 11218?

571 Ocean Parkway, Brooklyn, NY 11218 has a total of 24,510 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 571 Ocean Parkway, Brooklyn, NY 11218 have?

This address has 1 active listing(s).

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