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The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 Property Information

The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 1
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Address

Building name The National 1640
Primary address The National 1640 - 1640 Ocean Parkway
Secondary address 1713-1725 E 5th St
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 06637-0019

Sales & Tax Overview for 1640 Ocean Parkway, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 12/12/2008
Purchase price $15,000,000
Tax class
Estimated property tax $652,494

Lot & Building Information for 1640 Ocean Parkway, Brooklyn

Lot sq. ft. 30,000
Lot dimensions 120 ft x 250 ft
Property type Elevator Apartment - Semi-fireproof without Stores (D1)
Building sqft 109,200
Building dimensions 110 ft x 215 ft
Buildings on lot 1
Stories 6
Year built 1928
Construction type
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Zoning & Use for 1640 Ocean Parkway, Brooklyn

Zoning
Residential units (DOF) 124
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 1.05 Miles
Closest fire station 0.46 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 1640 Ocean Parkway, Brooklyn

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Floor area ratio (FAR) for The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1713-1725 E 5th St, Brooklyn, NY 11223
  • 1628-1640 Ocean Pkwy, Brooklyn, NY 11223

About 1640 Ocean Parkway, Brooklyn

What is the year built & the total sq. ft. for The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223?

The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 was built in 1928 and has a total of 109,200 square feet.

What is the assessed value of The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 and the property tax paid?

Assessed at $5,772,150, the tax amount paid for The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 is $614,463. For the next year, the tax amount for The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 is estimated at $652,494.

When was The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 last sold and what was the last sale price?

The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223 was last sold in 12/12/2008 for $15,000,000.

How many residential units does this building have?

This building has 124 residential unit(s).

Ownership Information for 1640 Ocean Parkway, Brooklyn

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Property owner name for The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223
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Building contacts for The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 1640 Ocean Parkway, Brooklyn

Create a free account to view the complete sales history for 1640 Ocean Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/12/2008 $15,000,000

Title Documents for 1640 Ocean Parkway, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/21/2021 - R UCC3 Termination
(2021120800376027)
11/30/2021 - D
12/21/2021 - R
Agreement
(2021120800376026)
11/30/2021 - D
12/21/2021 - R
Mortgage
(2021120800376025)
11/30/2021 - D
12/21/2021 - R
Assignment, Mortgage
(2021120800376024)
07/18/2011 - R Initial UCC1
(2011070100750005)
06/29/2011 - D
07/18/2011 - R
Assignment of Leases and Rents
(2011070100750004)
06/29/2011 - D
07/18/2011 - R
Agreement
(2011070100750003)
06/29/2011 - D
07/18/2011 - R
Mortgage
(2011070100750002)
06/29/2011 - D
07/18/2011 - R
Assignment, Mortgage
(2011070100750001)
12/12/2008 - D
12/24/2008 - R
Deed
(2008121900092001)
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R: Recorded date
D: Document date

Property Taxes for 1640 Ocean Parkway, Brooklyn

Access detailed property tax data for The National 1640 - The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $614,464
Estimated property tax: $652,494
Tax assessor's market value: $12,827,000
Assessed value: $5,772,150

Assessment History for 1640 Ocean Parkway, Brooklyn

Here's the assessment & property tax history for 1640 Ocean Parkway, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $12,827,000 $5,772,150 $4,939,816 12.439% $614,464 $614,464 +3.74%
2024/25 $12,424,000 $5,590,800 $4,738,500 12.5% $592,313 $592,313 +16.40%
2023/24 $12,303,000 $5,536,350 $4,432,500 12.502% $554,151 $508,866 +13.00%
2022/23 $10,285,000 $4,628,250 $4,090,140 12.267% $501,737 $450,306 +13.30%
2021/22 $8,153,000 $3,668,850 $3,668,850 12.235% $448,884 $397,452 -17.28%

Permits for 1640 Ocean Parkway, Brooklyn

The complete history of permits filed for 1640 Ocean Parkway, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
12/20/2025 Alteration
12/20/2025 Alteration
12/20/2025 Alteration
12/20/2025 Alteration
10/10/2025 Alteration
10/10/2025 Alteration
10/10/2025 Alteration
10/09/2025 Alteration
09/12/2017 Alteration type 3
02/07/2017 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Avenue P at NE Corner
Station lines F
Distance (miles) 0.241
View subway map
Bus Routes
Name Kings Hy/Ocean Py
Line B82
Distance (miles) 0.213

Neighbors for 1640 Ocean Parkway, Brooklyn

Here are the neighbors for The National 1640 - The National 1640 - 1640 Ocean Parkway, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
1672 Ocean Pkwy, Brooklyn 2,600 07/21/2011
502 Avenue P, Brooklyn 2,550 10/15/2003 $1,400,000
1664 Ocean Pkwy, Brooklyn 2,600 05/04/2023
1682 Ocean Pkwy, Brooklyn 2,600 05/30/2002
1686 Ocean Pkwy, Brooklyn 3,780 02/04/2010 $680,000
1719 E 4th St, Brooklyn 1,230 06/20/1990
1725 E 4th St, Brooklyn 3,440 04/15/2021
1676 Ocean Pkwy, Brooklyn 2,600 05/20/2019
1737 E 4th St, Brooklyn 2,400 06/05/1997
1670 Ocean Pkwy, Brooklyn 2,600 12/22/1982
1690 Ocean Pkwy, Brooklyn 2,600 08/30/2022
1616 Ocean Pkwy, Brooklyn 19,008 09/12/1966
1721 E 4th St, Brooklyn 1,174 12/13/2021
1666 Ocean Pkwy, Brooklyn 2,600 05/06/1980
1678 Ocean Pkwy, Brooklyn 2,600 12/14/2016
1648 Ocean Pkwy, Brooklyn 72,000 04/09/1999
1622 Ocean Pkwy, Brooklyn 45,350 03/15/2002
1709 E 4th St, Brooklyn 29,848 05/11/1983
1735 E 4th St, Brooklyn 2,400 12/12/2018 $10
1739 E 4th St, Brooklyn 2,719 12/12/2005
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