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1500 Ocean Parkway, Brooklyn, NY 11230 - Property report

Also known as: 507-529 Avenue O

Property image for 1500 Ocean Parkway, Brooklyn, NY 11230
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1940

Lot sq. ft.

20,000

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
1500 Ocean Parkway
Alternate address(es)
1498-1500 Ocean Pkwy
507-529 Avenue O
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06587-0051

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
72,000
Building dimensions
100 ft x 160 ft
Buildings on lot
1
Stories
6
Year built
1940
Tax
Tax year
2026-2027
Property tax
$315,234
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
72
Residential sq. ft.
Lot
Frontage(s)
Ocean Parkway (wide)
Avenue O (wide)
Lot dimensions
100 ft x 200 ft
Lot sq. ft.
20,000

Area overview

Walk score
89 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
21
Community district
12
Closest police station
1.26 Miles
Closest fire station
0.51 Miles

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

Units for 1500 Ocean Parkway, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1A 11/20/2017 750
Unit 1B 07/20/2021
Unit 1C 07/26/2012
Unit 1D
Unit 1H 01/25/2024
Unit 1K 01/22/2026 530
Unit 1L 08/14/2025 1,158
Unit 1M 03/06/2025
Unit 2A 03/07/2024
Unit 2B 09/28/2023
Unit 2C 09/21/2022
Unit 2D 02/16/2005
Unit 2H 11/10/2020 825
Unit 2K 08/15/2018
Unit 2L 06/01/2023
Unit 3C 05/10/2018 800
Unit 3E 11/29/2017 1,079
Unit 3G 01/27/2020
Unit 3J
Unit 3K 03/23/2005
Unit 3L 876
Unit 4A
Unit 4C
Unit 4F 03/07/2013
Unit 4G 11/12/2025 850
Unit 4H 08/11/2015 700
Unit 4J 01/20/2021 1,080
Unit 4K 07/14/2005
Unit 4M 12/17/2025
Unit 5A
Unit 5D
Unit 5H 07/26/2017
Unit 5J
Unit 6D
Unit 6E 04/25/2023
Unit 6H 07/03/2012
Unit 6K
Unit 6L
Unit 6M 08/01/2005
Unit RES

Ownership information for 1500 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 1500 Ocean Parkway, Brooklyn, NY 11230

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/27/2022 - R UCC3 Termination
(2022042000142006)
XXXX XXXXX XXXXXXX XXXX XXXXXXXXX XXXX
04/27/2022 - R Initial UCC1
(2022042000142005)
XXXX XXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
04/27/2022 - R
04/14/2022 - D
Assignment of Leases and Rents
(2022042000142004)
XXXX XXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
04/27/2022 - R
04/14/2022 - D
Agreement
(2022042000142003)
XXXX XXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
04/27/2022 - R
04/14/2022 - D
Mortgage
(2022042000142002)
XXXX XXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
04/27/2022 - R
04/14/2022 - D
Assignment, Mortgage
(2022042000142001)
XXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
06/04/2021 - R UCC3 Assignment
(2021060400676001)
XXXX XXXXX XXXXXXX XXXX XXXXXXXX XXXXXXXX XXXX
05/04/2021 - R
04/02/2021 - D
Assignment, Mortgage
(2021042800073001)
XXXXXXXX XXXXXXXX XXXX XXXXXXXXX XXXX
01/12/2018 - R UCC3 Continuation
(2018011101744001)
XXXX XXXXX XXXXXXX XXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
03/26/2013 - R Initial UCC1
(2013031901203001)
XXXX XXXXX XXXXXXX XXXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1500 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
$315,234
Municipal exemptions
Recent tax assessments
Market value
$7,046,000
Assessed value
$3,170,700

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 $6,499,000 $2,924,550 $2,639,860 12.439% $329,796 $289,322 +1.12%
2024/25 $6,260,000 $2,817,000 $2,576,480 12.5% $323,404 $286,123 +5.27%
2023/24 $6,150,000 $2,767,500 $2,429,960 12.502% $307,107 $271,799 +4.19%
2022/23 $5,434,000 $2,445,300 $2,303,883 12.267% $286,132 $260,878 +7.02%
2021/22 $5,116,000 $2,302,200 $2,169,962 12.235% $269,021 $243,756 -3.40%
2020/21 $5,781,000 $2,601,450 $2,057,000 12.267% $255,749 $252,332 +5.37%
2019/20 $5,500,000 $2,475,000 $1,920,010 12.473% $243,137 $239,483 +10.94%
2018/19 $4,766,000 $2,144,700 $1,711,540 12.612% $219,706 $215,859 +9.03%
2017/18 $3,940,000 $1,773,000 $1,556,590 12.719% $201,572 $197,983 +6.82%
2016/17 $3,878,000 $1,745,100 $1,437,601 12.892% $190,321 $185,336 +7.28%

Permit information for 1500 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/02/2021 Alteration
09/01/2021 Alteration
09/01/2021 Alteration
09/18/2019 Alteration type 2
07/13/2016 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/01/2026 A
12/10/2025 C
12/10/2025 C

*Most recent HPD violations on record 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

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
6

Subway & traffic

Closest station
McDonald Ave & Avenue P at NE Corner
Station lines
F
Distance (miles)
0.298

Access the detailed traffic volume map for 1500 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. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.33
P.S. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.33
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.05
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.05
Yeshiva of Brooklyn NR No Private PK-12 565 0.05
Yeshiva of Brooklyn NR No Private PK-12 565 0.05
Yeshiva Mikdash Melch NR No Private PK, K-3 0 0.29
P.S. 177 The Marlboro 6 No Public PK, K-5 869 0.39
P.S. 177 The Marlboro 6 No Public PK, K-5 869 0.39
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.33
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.05
Yeshiva of Brooklyn NR No Private PK-12 565 0.05
Yeshiva Shaare Torah Boys High School NR No Private 1-12 0 0.39
Bet Yaakov Orot Sarah NR No Private PK, K-12 277 0.40
Meorot Beit Yaakov NR No Private PK-12 343 0.40
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)
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.05
Yeshiva of Brooklyn NR No Private PK-12 565 0.05
Yeshiva Shaare Torah Boys High School NR No Private 1-12 0 0.39
Bet Yaakov Orot Sarah NR No Private PK, K-12 277 0.40
Meorot Beit Yaakov NR No Private PK-12 343 0.40

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

Frequently asked questions

What is the year built for 1500 Ocean Parkway, Brooklyn, NY 11230?

The development at 1500 Ocean Parkway, Brooklyn, NY 11230 was built in 1940.

What is the total square footage of 1500 Ocean Parkway, Brooklyn, NY 11230?

1500 Ocean Parkway, Brooklyn, NY 11230 has a total of 72,000 square feet.

What is the assessed value of 1500 Ocean Parkway, Brooklyn, NY 11230?

1500 Ocean Parkway, Brooklyn, NY 11230 is currently assessed at $3,170,700.

What are the property taxes for 1500 Ocean Parkway, Brooklyn, NY 11230?

The property taxes for 1500 Ocean Parkway, Brooklyn, NY 11230 total $349,751.

How many residential units does this building have?

This building has 72 residential unit(s).

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