Kings  »  11230  »  Ocean Pkwy  »  716 Ocean Pkwy

716 Ocean Parkway, Brooklyn, NY 11230 - Property report

Also known as: 716 Ocean Pkwy

Property image for 716 Ocean Parkway, Brooklyn, NY 11230
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1931

Lot sq. ft.

16,000

Sale price

$7,100,000

General information

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Address
Primary address
716 Ocean Parkway
Alternate address(es)
175 Parkville Ave
ZIP code
11230
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05423-0049

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
54,500
Building dimensions
98.75 ft x 99.67 ft
Buildings on lot
1
Stories
6
Year built
1931
Building material
Sales
Sale date
12/10/2008
Sale price
$7,100,000
Tax
Tax year
2026-2027
Property tax
$142,771
Tax class
Zoning & Use
Zoning
Residential units
47
Residential sq. ft.
Lot
Lot dimensions
109.67 ft x 138.08 ft
Lot sq. ft.
16,000
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
54,560 sq. ft.
Buildable area

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
0.05 Miles
Closest fire station
0.24 Miles

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Ownership information for 716 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 716 Ocean Parkway, Brooklyn, NY 11230

Sale date Sale price Buyer name Seller name
12/10/2008 $7,100,000 XXX XXXXXX, XXX XXXXX XXXXXX XXXXX, XXX
07/31/2006 $6,300,000 XXXXX XXXXXX XXXXX, XXX XXXXXXX XXXXXX, XXX
02/08/2005 $2,500,000 XXXXXXX XXXXXX XXX XXXXXXXXX XXXXXX XX. XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/01/2022 - R
04/01/2022 - D
Agreement
(2022051701063001)
XXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/03/2018 - R Initial UCC1
(2018070200742005)
XXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/03/2018 - R UCC3 Termination
(2018070200742001)
XXX XXXXXX XXX XXX XXXX XXXXXXXXXX XXXX
07/03/2018 - R
06/26/2018 - D
Agreement
(2018070200742004)
XXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/03/2018 - R
06/26/2018 - D
Mortgage
(2018070200742003)
XXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/03/2018 - R
06/26/2018 - D
Assignment, Mortgage
(2018070200742002)
XXX XXXX XXXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/02/2014 - R Initial UCC1
(2014112100518001)
XXX XXXXXX XXX XXX XXXX XXXXXXXXXX XXXX
12/15/2014 - R
11/20/2014 - D
Agreement
(2014120400553004)
XXX XXXXXX XXX XXX XXXX XXXXXXXXXX XXXX
12/15/2014 - R
11/20/2014 - D
Mortgage
(2014120400553003)
XXX XXXXXX XXX XXX XXXX XXXXXXXXXX XXXX
12/15/2014 - R
11/20/2014 - D
Assignment, Mortgage
(2014120400553002)
XXX XXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 716 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
$142,771
Municipal exemptions
Recent tax assessments
Market value
$2,578,000
Assessed value
$1,160,100

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 $2,626,000 $1,181,700 $1,122,570 12.439% $139,636 $139,636 -0.58%
2024/25 $2,564,000 $1,153,800 $1,123,560 12.5% $140,445 $140,445 +2.10%
2023/24 $2,541,000 $1,143,450 $1,100,250 12.502% $137,553 $137,553 +6.29%
2022/23 $2,444,000 $1,099,800 $1,054,980 12.267% $129,414 $129,414 +4.30%
2021/22 $2,298,000 $1,034,100 $1,014,120 12.235% $124,078 $124,078 +3.71%
2020/21 $2,637,000 $1,186,650 $975,330 12.267% $119,644 $119,644 +6.82%
2019/20 $2,305,000 $1,037,250 $898,020 12.473% $112,010 $112,010 +4.65%
2018/19 $2,038,000 $917,100 $848,700 12.612% $107,038 $107,038 +2.88%
2017/18 $1,990,000 $895,500 $818,010 12.719% $104,043 $104,043 +2.86%
2016/17 $1,867,000 $840,150 $784,620 12.892% $101,153 $101,153 +2.11%

Permit information for 716 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/22/2004 Alteration type 3
02/07/2003 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/03/2021 E-elevator elevatorrequired
11/02/2020 E-elevator elevatorrequired
10/22/2019 E-elevator elevatorrequired

*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 & 18th Ave at SE Corner
Station lines
F
Distance (miles)
0.245

Access the detailed traffic volume map for 716 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

Frequently asked questions

What is the year built for 716 Ocean Parkway, Brooklyn, NY 11230?

The development at 716 Ocean Parkway, Brooklyn, NY 11230 was built in 1931.

What is the total square footage of 716 Ocean Parkway, Brooklyn, NY 11230?

716 Ocean Parkway, Brooklyn, NY 11230 has a total of 54,500 square feet.

When was 716 Ocean Parkway, Brooklyn, NY 11230 last sold and what was the sale price?

716 Ocean Parkway, Brooklyn, NY 11230 was last sold on 12/10/2008 for $7,100,000.

What is the assessed value of 716 Ocean Parkway, Brooklyn, NY 11230?

716 Ocean Parkway, Brooklyn, NY 11230 is currently assessed at $1,160,100.

What are the property taxes for 716 Ocean Parkway, Brooklyn, NY 11230?

The property taxes for 716 Ocean Parkway, Brooklyn, NY 11230 total $142,771.

How many residential units does this building have?

This building has 47 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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