Kings  »  11230  »  Ocean Pkwy  »  1501 Ocean Pkwy

1501 Ocean Parkway, Brooklyn, NY 11230 - Property report

Also known as: 602-614 Avenue O

Property image for 1501 Ocean Parkway, Brooklyn, NY 11230
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1928

Lot sq. ft.

11,000

General information

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Address
Primary address
1501 Ocean Parkway
Alternate address(es)
1501-1511 Ocean Pkwy
602-614 Avenue O
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06613-0001

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
37,800
Building dimensions
100 ft x 70 ft
Buildings on lot
1
Stories
6
Year built
1928
Building material
Tax
Tax year
2026-2027
Property tax
$115,359
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
41
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 110 ft
Lot sq. ft.
11,000

Area overview

Walk score
87 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
21
Community district
12
Closest police station
1.25 Miles
Closest fire station
0.45 Miles

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

Ownership information for 1501 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 1501 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
12/26/2025 - R UCC3 Continuation
(2025122600589001)
XXXX XXXXX XXXX XXX XXXXXXX XXXX
12/04/2020 - R UCC3 Continuation
(2020120400352001)
XXXX XXXXX XXXX XXX XXXXXXX XXXX
01/04/2016 - R Initial UCC1
(2015122400708001)
XXXX XXXXX XXXX XXX XXXXXXX XXXX
12/31/2015 - R UCC3 Termination
(2015122300435003)
XXXX XXXXX XXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
12/31/2015 - R
12/21/2015 - D
Agreement
(2015122300435002)
XXXX XXXXX XXXX XXX XXXXXXX XXXX
12/31/2015 - R
12/21/2015 - D
Mortgage
(2015122300435001)
XXXX XXXXX XXXX XXX XXXXXXX XXXX
12/20/2011 - R Initial UCC1
(2011120700156001)
XXXX XXXXX XXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
12/22/2011 - R
12/05/2011 - D
Agreement
(2011120700981003)
XXXX XXXXX XXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
12/22/2011 - R
12/05/2011 - D
Mortgage
(2011120700981002)
XXXX XXXXX XXXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
12/22/2011 - R
11/22/2011 - D
Termination of Assign of L&R
(2011120700981004)
XXXX XXXXX XXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1501 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
$115,359
Municipal exemptions
Recent tax assessments
Market value
$2,340,000
Assessed value
$1,053,000

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 $2,173,000 $977,850 $930,150 12.439% $115,701 $109,169 +6.06%
2024/25 $1,946,000 $875,700 $875,700 12.5% $109,463 $102,930 -11.80%
2023/24 $2,332,000 $1,049,400 $985,680 12.502% $123,230 $116,697 +8.45%
2022/23 $2,097,000 $943,650 $943,650 12.267% $115,758 $107,609 +19.25%
2021/22 $1,787,000 $804,150 $804,150 12.235% $98,388 $90,240 -24.21%
2020/21 $2,408,000 $1,083,600 $970,650 12.267% $119,070 $119,070 +5.06%
2019/20 $2,328,000 $1,047,600 $908,640 12.473% $113,335 $113,335 +6.83%
2018/19 $2,045,000 $920,250 $841,140 12.612% $106,085 $106,085 +6.27%
2017/18 $2,004,000 $901,800 $784,890 12.719% $99,830 $99,830 +7.89%
2016/17 $2,000,000 $900,000 $717,750 12.892% $92,532 $92,532 +12.10%

Permit information for 1501 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/17/2020 Alteration
11/14/2019 Alteration
06/11/2019 Alteration type 3
05/18/2019 Alteration
05/16/2019 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
07/17/2021 E-elevator
04/29/2021 Egrade-failure to post energy grade/score none

*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
6

Subway & traffic

Closest station
McDonald Ave & Avenue P at NE Corner
Station lines
F
Distance (miles)
0.339

Access the detailed traffic volume map for 1501 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 1501 Ocean Parkway, Brooklyn, NY 11230?

The development at 1501 Ocean Parkway, Brooklyn, NY 11230 was built in 1928.

What is the total square footage of 1501 Ocean Parkway, Brooklyn, NY 11230?

1501 Ocean Parkway, Brooklyn, NY 11230 has a total of 37,800 square feet.

What is the assessed value of 1501 Ocean Parkway, Brooklyn, NY 11230?

1501 Ocean Parkway, Brooklyn, NY 11230 is currently assessed at $1,053,000.

What are the property taxes for 1501 Ocean Parkway, Brooklyn, NY 11230?

The property taxes for 1501 Ocean Parkway, Brooklyn, NY 11230 total $121,892.

How many residential units does this building have?

This building has 41 residential unit(s).

Disclaimer

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