Kings  »  11230  »  Ocean Pkwy  »  706 Ocean Pkwy

706 Ocean Parkway, Brooklyn, NY 11230 - Property report

Also known as: 706 Ocean Pkwy

Property image for 706 Ocean Parkway, Brooklyn, NY 11230
static Mapbox map

Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

2016

Lot sq. ft.

4,059

Sale price

$1,500,000

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
706 Ocean Parkway
ZIP code
11230
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05423-0047

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
22,640
Building dimensions
44.1 ft x 44.1 ft
Buildings on lot
1
Stories
8
Year built
2016
Building material
Sales
Sale date
06/18/2014
Sale price
$1,500,000
Tax
Tax year
2026-2027
Property tax
$968
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
24
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
44.83 ft x 90.08 ft
Lot sq. ft.
4,059

Area overview

Walk score
85 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
22
Community district
14
Closest police station
0.07 Miles
Closest fire station
0.26 Miles

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

Ownership

Ownership information for 706 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 706 Ocean Parkway, Brooklyn, NY 11230

Sale date Sale price Buyer name Seller name
06/18/2014 $1,500,000 XXX XXXXX XXXXX XXX XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/05/2024 - R Initial UCC1
(2024030401180001)		 XXX XXXXX XXXXX XXX XXXXXXXXX XXXX
04/03/2024 - R
03/04/2024 - D		 Assignment of Leases and Rents
(2024040200796001)		 XXX XXXXX XXXXX XXX XXXXXXXXX XXXX
04/01/2024 - R
03/04/2024 - D		 Mortgage and Consolidation
(2024040100565005)		 XXX XXXXX XXXXX XXX XXXXXXXXX XXXX
04/01/2024 - R
03/04/2024 - D		 Assignment, Mortgage
(2024040100565004)		 XX XX XXXXXXX XXX XXX XXXXXXXXX XXXX
04/01/2024 - R
03/04/2024 - D		 Assignment, Mortgage
(2024040100565003)		 XX XX XXXXXXX XXX XXX XXXXXXXXX XXXX
04/01/2024 - R
03/04/2024 - D		 Termination of Assign of L&R
(2024040100565002)		 XXX XXXXX XXXXX XXX XX XX XXXXXXX XXX XXX
04/01/2024 - R
03/04/2024 - D		 Termination of Assign of L&R
(2024040100565001)		 XXX XXXXX XXXXX XXX XX XX XXXXXXX XXX XXX
11/20/2023 - R
11/13/2023 - D		 Sundry Miscellaneous
(2023111501243001)		 XXX XXXXX XXXXX XXX
09/07/2018 - R UCC3 Termination
(2018090400475009)		 XXX XXXXX XXXXX XXX XXXXXX XXXXXXXX XXXX
09/07/2018 - R Initial UCC1
(2018090400475007)		 XXX XXXXX XXXXX XXX XX XX XXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 706 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
$968
Municipal exemptions
Recent tax assessments
Market value
$4,469,000
Assessed value
$2,011,050

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 $4,367,000 $1,965,150 $7,781 12.439% $243,761 $968 -0.49%
2024/25 $3,331,700 $1,499,265 $7,781 12.5% $186,033 $973 -0.02%
2023/24 $3,331,700 $1,499,265 $7,781 12.502% $187,438 $973 +1.92%
2022/23 $2,670,750 $1,201,838 $7,781 12.267% $147,429 $954 +0.26%
2021/22 $1,760,000 $792,000 $7,781 12.235% $96,901 $952 -0.26%
2020/21 $1,758,000 $791,100 $7,781 12.267% $96,826 $954 -97.27%
2019/20 $905,000 $407,250 $280,232 12.473% $34,953 $34,953 +3461.80%
2018/19 $900,000 $405,000 $7,781 12.612% $29,117 $981 -85.27%
2017/18 $508,000 $228,600 $52,368 12.719% $6,661 $6,661 +300.90%
2016/17 $508,000 $30,480 $8,311 19.991% $1,661 $1,661 +2.23%
Permits

Permit information for 706 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/09/2024 Alteration
03/20/2024 Alteration
11/16/2023 Alteration
10/26/2023 Alteration
09/11/2023 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
10/24/2018 C-construction
10/24/2018 C-construction
10/24/2018 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 & 18th Ave at SE Corner
Station lines
F
Distance (miles)
0.249
View subway map

Access the detailed traffic volume map for 706 Ocean Parkway, Brooklyn, NY 11230 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 706 Ocean Parkway, Brooklyn, NY

171 Parkville Ave, Brooklyn 173 Parkville Ave, Brooklyn 163 Parkville Ave, Brooklyn 192 Lawrence Ave, Brooklyn 716 Ocean Pkwy, Brooklyn 169 Parkville Ave, Brooklyn 157 Parkville Ave, Brooklyn 145 Parkville Ave, Brooklyn 200 Lawrence Ave, Brooklyn 196 Lawrence Ave, Brooklyn 154 Lawrence Ave, Brooklyn 202 Lawrence Ave, Brooklyn 160 Lawrence Ave, Brooklyn 186 Lawrence Ave, Brooklyn 159 Parkville Ave, Brooklyn 155 Parkville Ave, Brooklyn 151 Parkville Ave, Brooklyn 190 Lawrence Ave, Brooklyn 140 Lawrence Ave, Brooklyn 122 Lawrence Ave, Brooklyn

Nearby ZIP codes for 706 Ocean Parkway, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 706 Ocean Parkway, Brooklyn, NY 11230?

The development at 706 Ocean Parkway, Brooklyn, NY 11230 was built in 2016.

What is the total square footage of 706 Ocean Parkway, Brooklyn, NY 11230?

706 Ocean Parkway, Brooklyn, NY 11230 has a total of 22,640 square feet.

When was 706 Ocean Parkway, Brooklyn, NY 11230 last sold and what was the sale price?

706 Ocean Parkway, Brooklyn, NY 11230 was last sold on 06/18/2014 for $1,500,000.

What is the assessed value of 706 Ocean Parkway, Brooklyn, NY 11230?

706 Ocean Parkway, Brooklyn, NY 11230 is currently assessed at $2,011,050.

What are the property taxes for 706 Ocean Parkway, Brooklyn, NY 11230?

The property taxes for 706 Ocean Parkway, Brooklyn, NY 11230 total $967.

How many residential units does this building have?

This building has 24 residential unit(s).

Disclaimer

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