| Primary address | 571 Ocean Parkway |
| Neighborhood | Kensington |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05400-0072 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 05/08/2020 |
| Purchase price | $3,900,000 |
| Tax class | Register |
| Estimated property tax | $7,494 |
| Lot sq. ft. | 5,600 |
| Lot dimensions | |
| Property type | Elevator Apartment - Fireproof with Stores (D6)
|
| Building sqft | 24,510 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 8 |
| Year built | 2021 |
| Construction type | Register |
| School district | 22 |
| Community district | 12 |
| Closest police station | 0.28 Miles |
| Closest fire station | 0.44 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
This Elevator Apartment - Fireproof with Stores (D6) located at 571 Ocean Parkway, Brooklyn, NY 11218 has a total of 24,510 square feet.
What is the year built & the current market value of 571 Ocean Parkway, Brooklyn, NY 11218?571 Ocean Parkway, Brooklyn, NY 11218 was built in 2021 and has a current tax assessor's market value of $4,298,000.
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 Lease |
|---|---|
| Listing date | 01/24/2025 |
| Last updated | 09/17/2025 |
| Lot size | 0.129 Acre |
Available for lease is a 750-square-foot commercial condominium at 571 Ocean Parkway, Brooklyn, offering a modern professional setting in a newly constructed 2021 building. Designed with functionality and comfort in mind, the space features five well-proportioned rooms, a bathroom, abundant natural light throughout, and full ADA compliance, making it suitable for a wide variety of professional or medical uses.
Positioned along Ocean Parkway with an impressive average daily traffic count of 72,000, this location ensures maximum visibility and accessibility. Just steps from public transportation, the property provides both convenience for clients and ease of commute for staff. This rare offering combines a prime, high-traffic location with modern infrastructure, making it an ideal opportunity for businesses seeking a prestigious and practical address in the heart of Brooklyn.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 571 Ocean Parkway - GF Office | Office | $61.60/Sqft/Year | 750 | Vadim Atbashyan (718) 517-8700 |
Create a free account to view the complete sales history for 571 Ocean Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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 571 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: | $7,495 |
| Estimated property tax: | $7,494 |
| Tax assessor's market value: | $4,298,000 |
| Assessed value: | $1,934,100 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 571 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 | $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% |
The complete history of permits filed for 571 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 & Ditmas Ave at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.329 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 18 Av/Ocean Py | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.077 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 571 Ocean Parkway, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 591 Ocean Pkwy, Brooklyn | 3,888 | 06/30/2009 | |
| 730 E 7th St, Brooklyn | 3,500 | 03/29/2023 | |
| 724 Ditmas Ave, Brooklyn | 2,760 | 05/01/1987 | |
| 734 E 7th St, Brooklyn | 3,280 | 02/28/2022 | |
| 525 Ocean Pkwy, Brooklyn | 62,226 | 07/29/1985 | |
| 712 Ditmas Ave, Brooklyn | 2,760 | 04/07/2025 | |
| 720 Ditmas Ave, Brooklyn | 2,616 | 07/01/1999 | |
| 704 Ditmas Ave, Brooklyn | 3,370 | 02/07/2019 | $1,675,000 |
| 585 Ocean Pkwy, Brooklyn | 3,552 | 06/25/2025 | |
| 609 Ocean Pkwy, Brooklyn | 3,888 | 01/09/2025 | $4,400,000 |
| 726 E 7th St, Brooklyn | 3,500 | 09/24/2019 | |
| 718 E 7th St, Brooklyn | 3,500 | 12/29/1999 | |
| 567 Ocean Pkwy, Brooklyn | 24,022 | 05/10/2016 | $3,222,500 |
| 581 Ocean Pkwy, Brooklyn | 41,445 | 02/03/2015 | $2,840,000 |
| 605 Ocean Pkwy, Brooklyn | 25,810 | 05/24/1994 | |
| 708 Ditmas Ave, Brooklyn | 2,760 | 03/05/2002 | |
| 722 E 7th St, Brooklyn | 3,500 | 10/28/1997 | |
| 555 Ocean Pkwy, Brooklyn | 37,700 | 10/09/2015 | |
| 716 Ditmas Ave, Brooklyn | 08/29/2019 | $450,000 | |
| 728 Ditmas Ave, Brooklyn | 2,760 | 12/06/2022 |
