New York City  »  11230  »  Ocean Pkwy  »  1295 Ocean Pkwy

1295 Ocean Parkway, Brooklyn, NY 11230 - Property report

Also known as: 601-617 Avenue M

Property image for 1295 Ocean Parkway, Brooklyn, NY 11230
static Mapbox map

Property type

Three Families (C0)

Year built

1925

Lot sq. ft.

3,500

Sale price

$3,999,000

General information

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Address
Primary address
1295 Ocean Parkway
Alternate address(es)
1295 Garage Ocean Pkwy
601-617 Avenue M
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06542-0052

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
4,940
Building dimensions
20 ft x 68 ft
Buildings on lot
2
Stories
3
Year built
1925
Last altered
2007
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Sales
Sale date
08/03/2023
Sale price
$3,999,000
Tax
Tax year
2026-2027
Property tax
$17,303
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Ocean Parkway (wide)
Avenue M (wide)
Distance to wide street
Lot dimensions
25 ft x 140 ft
Lot sq. ft.
3,500

Area overview

Walk score
88 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
21
Community district
12
Closest police station
0.93 Miles
Closest fire station
0.64 Miles

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Ownership information for 1295 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 1295 Ocean Parkway, Brooklyn, NY 11230

Sale date Sale price Buyer name Seller name
08/03/2023 $3,999,000 XXXXX, XXXXXXX XXXXX X XXXXXXXXXX XXX
04/28/2006 $1,400,000 XXXXX, XXXXX XXXXXXX, XXXXX XXX XXXXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/29/2025 - R
03/26/2025 - D
Power of Attorney
(2025042300610001)
XXXXX XXXXXX XXXXX XXXXXXX
08/15/2023 - R UCC3 Termination
(2023081100968005)
XXXXX X XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX
08/15/2023 - R
08/03/2023 - D
Deed
(2023081100968001)
XXXXX X XXXXXXXXXX XXX XXXXX XXXXXXX
08/15/2023 - R
07/27/2023 - D
Termination of Assign of L&R
(2023081100968004)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX XXXXX X XXXXXXXXXX XXX
08/15/2023 - R
07/03/2023 - D
Mortgage
(2023081100968002)
XXXXX XXXXXXX XXXX
08/15/2023 - R
06/08/2023 - D
Satisfaction of Mortgage
(2023081100968003)
XXXXX X XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX
05/11/2020 - R Initial UCC1
(2020051100035001)
XXXXX X XXXXXXXXXX XXX XXXXXXXXX XXXX
04/21/2020 - R
04/08/2020 - D
Assignment of Leases and Rents
(2020042000406004)
XXXXX X XXXXXXXXXX XXX XXXXXXXXX XXXX
04/21/2020 - R
04/08/2020 - D
Agreement
(2020042000406003)
XXXXX X XXXXXXXXXX XXX XXXXXXXXX XXXX
04/21/2020 - R
04/08/2020 - D
Mortgage
(2020042000406002)
XXXXX X XXXXXXXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1295 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
$17,303
Municipal exemptions
Recent tax assessments
Market value
$6,661,000
Assessed value
$399,660

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 $5,230,000 $313,800 $83,222 19.843% $16,514 $16,514 +3.46%
2024/25 $4,346,000 $260,760 $79,468 20.085% $15,961 $15,961 +2.22%
2023/24 $3,898,000 $233,880 $77,740 20.085% $15,614 $15,614 +0.92%
2022/23 $3,190,000 $191,400 $76,180 20.309% $15,471 $15,471 +6.66%
2021/22 $2,463,000 $147,780 $72,666 19.963% $14,506 $14,506 -0.61%
2020/21 $2,882,000 $172,920 $69,352 21.045% $14,595 $14,595 +4.12%
2019/20 $2,585,000 $155,100 $66,223 21.167% $14,017 $14,017 +3.43%
2018/19 $1,987,000 $119,220 $64,783 20.919% $13,552 $13,552 +4.72%
2017/18 $1,333,000 $79,980 $63,483 20.385% $12,941 $12,941 +6.90%
2016/17 $1,453,000 $87,180 $60,555 19.991% $12,106 $12,106 +7.12%

Permit information for 1295 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/14/2007 Alteration type 1
09/07/2006 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Ocean Parkway South residential market stats

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

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% 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
6

Subway & traffic

Closest station
McDonald Ave & Avenue M at SE Corner
Station lines
F
Distance (miles)
0.311

Access the detailed traffic volume map for 1295 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 0.33
P.S. 99 Isaac Asimov 4 Yes Public PK, K-8 804 0.33
Yeshiva Mikdash Melch NR No Private PK, K-3 0 0.07
Yeshiva Mikdash Melch NR No Private PK, K-3 0 0.07
Yeshiva of Brooklyn Boys School NR No Private PK, K-8 0 0.18
Yeshiva of Brooklyn Boys School NR No Private PK, K-8 0 0.18
Cojo of Flatbush NR No Private 0 0.21
P.S. 199 Frederick Wachtel 6 No Public PK, K-5 522 0.29
P.S. 199 Frederick Wachtel 6 No Public PK, K-5 522 0.29
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 0.33
Yeshiva of Brooklyn Boys School NR No Private PK, K-8 0 0.18
Cojo of Flatbush NR No Private 0 0.21
Ivdu School NR No Private 35 0.23
Yeshiva Shaare Torah Boys High School NR No Private 1-12 0 0.27
Yeshiva Ohr Shraga Veretzky NR No Private PK, K-12 275 0.30
P.S. 226 Alfred De B Mason 5 No Public PK, K-8 910 0.47
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Cojo of Flatbush NR No Private 0 0.21
Ivdu School NR No Private 35 0.23
Yeshivat Shaare Rahamim NR No Private 9-12 0 0.23
Yeshiva Shaare Torah Boys High School NR No Private 1-12 0 0.27
Mesivta Rabbi Chaim Berlin High School NR No Private 9-12 247 0.27

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 1295 Ocean Parkway, Brooklyn, NY 11230?

The development at 1295 Ocean Parkway, Brooklyn, NY 11230 was built in 1925.

What is the total square footage of 1295 Ocean Parkway, Brooklyn, NY 11230?

1295 Ocean Parkway, Brooklyn, NY 11230 has a total of 4,940 square feet.

When was 1295 Ocean Parkway, Brooklyn, NY 11230 last sold and what was the sale price?

1295 Ocean Parkway, Brooklyn, NY 11230 was last sold on 08/03/2023 for $3,999,000.

What is the assessed value of 1295 Ocean Parkway, Brooklyn, NY 11230?

1295 Ocean Parkway, Brooklyn, NY 11230 is currently assessed at $399,660.

What are the property taxes for 1295 Ocean Parkway, Brooklyn, NY 11230?

The property taxes for 1295 Ocean Parkway, Brooklyn, NY 11230 total $17,302.

How many residential units does this building have?

This building has 3 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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