New York City » 11230 » Ocean Pkwy » 881 Ocean Pkwy

881 Ocean Parkway, Brooklyn, NY 11230 - Property report

Also known as: 881 Garage Ocean Pkwy

Property image for 881 Ocean Parkway, Brooklyn, NY 11230

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1930

Lot sq. ft.

6,000

Sale price

$2,000,000

General information

Address

Primary address

881 Ocean Parkway

Alternate address(es)

881 Garage Ocean Pkwy

ZIP code

11230

Neighborhood

Midwood

Borough

Brooklyn

Block & lot

06509-0053

Building

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Building sq. ft.

2,771

Building dimensions

27 ft x 40 ft

Buildings on lot

Stories

Year built

1930

Building material

Frame

Exterior wall

Stucco

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

04/09/2025

Sale price

$2,000,000

Tax

Tax year

2026-2027

Property tax

$20,223

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Ocean Parkway (wide)

Distance to wide street

Lot dimensions

40 ft x 150 ft

Lot sq. ft.

6,000

Area overview

Walk score

80 /100. Very Walkable

Transit score

90 /100. Rider's Paradise

Bike score

78 /100. Very Bikeable

School district

Community district

Closest police station

0.27 Miles

Closest fire station

0.25 Miles

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

Ownership

Ownership information for 881 Ocean Parkway, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 881 Ocean Parkway, Brooklyn, NY 11230

Sale date	Sale price	Buyer name	Seller name
04/09/2025	$2,000,000	XXX XXXX XXXXXXXXXXX XXXXX XXX XXXXXXX XXXXX, XX XXXXXXX XXX XXXXXX XXXXX, XX XXXXXXX	XXXX XXXXXXX XXXXX XXXXXXXXXXX XXXXXXX XXXXX XXX XXXX XXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/23/2025 - R 04/09/2025 - D	Agreement (2025042100565002)	XXXX XXXXXXX XXXXX XXXXXXXXXXX XXXXXXX	XXXX XX XXXXXXX X X
04/23/2025 - R 04/09/2025 - D	Deed (2025042100565001)	XXXX XXXXXXX XXXXX XXXXXXXXXXX XXXXXXX XXXXX	XXX XXXX XXXXXXXXXXX XXXXX
05/07/2021 - R 04/08/2021 - D	Agreement (2021050300418001)	XXXX XXXXXXX XXXXX XXXXXXXXXXX XXXXXXX XXXXX	XXXX XX XXXXXXX X X
02/04/2021 - R 12/29/2020 - D	Deed (2021012900652001)	XXXXX XXXXXXX	XXXX XXXXXXX XXXXX XXXXXXXXXXX XXXXXXX XXXXX
02/02/2017 - R 11/21/2016 - D	Mortgage (2017012401433001)	XXXXX XXXXXXX	XXXX XX XXXXXXX X X
05/01/2014 - R 04/21/2014 - D	Satisfaction of Mortgage (2014042100573001)	XXXXX XXXXXXX	XXXXXXXX XXXXX XXXX X X
08/19/1999 - R	Mortgage (3330006750833)	XXXXX XXXXXXX	XXXXX XXXXXXXX XXXX
08/19/1999 - R	Power of Attorney (3800006749880)
07/18/1997 - R	Satisfaction of Mortgage (3180005695018)	XXXXX XXXXXXX	XXXXXXX XXXXXXXXXX XX X
04/20/1994 - R	Mortgage (3720004242572)	XXXXX XXXXXXX	XXXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 881 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

$20,223

Municipal exemptions

Recent tax assessments

Market value

$3,968,000

Assessed value

$238,080

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	$3,195,000	$191,700	$96,148	19.843%	$19,079	$19,079	+3.73%
2024/25	$2,987,000	$179,220	$91,570	20.085%	$18,392	$18,392	+0.22%
2023/24	$3,490,000	$209,400	$91,369	20.085%	$18,351	$18,351	+0.38%
2022/23	$2,856,000	$171,360	$90,023	20.309%	$18,283	$18,283	+7.84%
2021/22	$3,013,000	$180,780	$84,928	19.963%	$16,954	$16,954	+0.55%
2020/21	$3,654,000	$219,240	$80,123	21.045%	$16,862	$16,862	+4.39%
2019/20	$3,504,000	$210,240	$76,308	21.167%	$16,152	$16,152	+1.41%
2018/19	$2,613,000	$156,780	$76,141	20.919%	$15,928	$15,928	+4.15%
2017/18	$2,375,000	$142,500	$75,019	20.385%	$15,293	$15,293	+8.09%
2016/17	$1,814,000	$108,840	$70,773	19.991%	$14,148	$14,148	+8.37%

Permits

Permit information for 881 Ocean Parkway, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/06/2026	Alteration
09/25/2025	Alteration
09/22/2025	Alteration
09/08/2025	Alteration
01/08/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Midwood residential market stats

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

Median sale price

$522,500

-25.9% Y-o-Y

Median price/sq. ft.

$701

4.8% Y-o-Y

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

McDonald Ave & Avenue I at NE Corner

Station lines

Distance (miles)

0.312

View subway map

Access the detailed traffic volume map for 881 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 99 Isaac Asimov	4	Yes	Public	PK, K-8	804	0.45
P.S. 99 Isaac Asimov	4	Yes	Public	PK, K-8	804	0.45
Lubavitcher School Chabad	NR	No	Private	PK-8	139	0.05
Lubavitcher School Chabad	NR	No	Private	PK-8	139	0.05
Yeshiva Machzikei Hadas 2	NR	No	Private	1-3	265	0.05
Yeshivah of Flatbush Elementary School	NR	No	Private	PK-8	1,435	0.22
Yeshivah of Flatbush Elementary School	NR	No	Private	PK-8	1,435	0.22

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 99 Isaac Asimov	4	Yes	Public	PK, K-8	804	0.45
Lubavitcher School Chabad	NR	No	Private	PK-8	139	0.05
Yeshivah of Flatbush Elementary School	NR	No	Private	PK-8	1,435	0.22
Bais Yaakov D'Rav Meir High School	NR	No	Private	K-12	0	0.28
Beth Jacob Day School/Bais Yaak	NR	No	Private	PK-8	419	0.29
Cheder (The)	NR	No	Private	PK, K-8	0	0.30
Brooklyn Dreams Charter School	6	No	Charter	K-8	616	0.35

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Lubavitcher High School	NR	No	Private	9-12	0	0.06
Lubavitcher High School	NR	No	Private	9-12	135	0.07
Mesivta Sholom Schachna	NR	No	Private	9-12	192	0.16
Bnot Chaya Academy	NR	No	Private	9-12	27	0.23
Bais Yaakov D'Rav Meir High School	NR	No	Private	K-12	0	0.28

Nearby ZIP codes for 881 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 881 Ocean Parkway, Brooklyn, NY 11230?

The development at 881 Ocean Parkway, Brooklyn, NY 11230 was built in 1930.

What is the total square footage of 881 Ocean Parkway, Brooklyn, NY 11230?

881 Ocean Parkway, Brooklyn, NY 11230 has a total of 2,771 square feet.

When was 881 Ocean Parkway, Brooklyn, NY 11230 last sold and what was the sale price?

881 Ocean Parkway, Brooklyn, NY 11230 was last sold on 04/09/2025 for $2,000,000.

What is the assessed value of 881 Ocean Parkway, Brooklyn, NY 11230?

881 Ocean Parkway, Brooklyn, NY 11230 is currently assessed at $238,080.

What are the property taxes for 881 Ocean Parkway, Brooklyn, NY 11230?

The property taxes for 881 Ocean Parkway, Brooklyn, NY 11230 total $20,222.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.