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Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 Property Information

Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 1
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Address

Building name Waypark Realty
Primary address Waypark Realty - 1850 Ocean Parkway
Secondary address 1840-1856 Ocean Pkwy
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 06681-0440

Sales & Tax Overview for 1850 Ocean Parkway, Brooklyn

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

Tax class
Estimated property tax $324,628

Lot & Building Information for 1850 Ocean Parkway, Brooklyn

Lot sq. ft. 22,500
Lot dimensions 150 ft x 150 ft
Property type Elevator Apartment - Semi-fireproof without Stores (D1)
Building sqft 91,350
Building dimensions 150 ft x 101.5 ft
Buildings on lot 1
Stories 6
Year built 1938
Construction type
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Zoning & Use for 1850 Ocean Parkway, Brooklyn

Zoning
Residential units (DOF) 70
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 0.71 Miles
Closest fire station 0.41 Miles

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

Other Property Data for 1850 Ocean Parkway, Brooklyn

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Floor area ratio (FAR) for Waypark Realty - 1850 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 Waypark Realty - 1850 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.

  • 1840-1856 Ocean Pkwy, Brooklyn, NY 11223

About 1850 Ocean Parkway, Brooklyn

What is the year built & the total sq. ft. for Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223?

Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 was built in 1938 and has a total of 91,350 square feet.

What is the assessed value of Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 and the property tax paid?

Assessed at $2,767,950, the tax amount paid for Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 is $321,176. For the next year, the tax amount for Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 is estimated at $324,628.

When was Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 last sold?

Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223 was last sold in 12/15/1981.

How many residential units does this building have?

This building has 70 residential unit(s).

Ownership Information for 1850 Ocean Parkway, Brooklyn

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Property owner name for Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223
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Building contacts for Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 1850 Ocean Parkway, Brooklyn

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No recorded sales for this property.

Title Documents for 1850 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
01/29/1987 - R Assignment, Mortgage
(3180001234718)
06/02/1983 - R Uniform Commercial Code 1
(3170001829817)
06/02/1983 - R Agreement
(3050000962205)
06/02/1983 - R Mortgage
(3040000962204)
06/02/1983 - R Assignment, Mortgage
(3030000962203)
06/02/1983 - R Assignment, Mortgage
(3020000962202)
06/02/1983 - R Assignment, Mortgage
(3010000962201)
12/15/1981 - D
04/13/1982 - R
Deed
(3790000906979)
08/16/1978 - D
08/16/1978 - R
Deed
(37830101300523)
08/16/1978 - R Sundry Agreement
(37830101300515)
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R: Recorded date
D: Document date

Property Taxes for 1850 Ocean Parkway, Brooklyn

Access detailed property tax data for Waypark Realty - Waypark Realty - 1850 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: $309,448
Estimated property tax: $324,628
Tax assessor's market value: $6,151,000
Assessed value: $2,767,950

Assessment History for 1850 Ocean Parkway, Brooklyn

Here's the assessment & property tax history for 1850 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 $6,151,000 $2,767,950 $2,582,010 12.439% $321,176 $309,448 +2.14%
2024/25 $5,958,000 $2,681,100 $2,517,660 12.5% $314,708 $302,980 +4.35%
2023/24 $5,900,000 $2,655,000 $2,416,140 12.502% $302,066 $290,338 +4.22%
2022/23 $5,850,000 $2,632,500 $2,270,970 12.267% $278,580 $278,580 +8.33%
2021/22 $4,830,000 $2,173,500 $2,101,860 12.235% $257,163 $257,163 +3.59%

Permits for 1850 Ocean Parkway, Brooklyn

The complete history of permits filed for 1850 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
09/10/2020 Alteration
04/22/2020 Alteration type 2
06/15/2010 Alteration type 3
06/14/2010 Alteration type 3
04/20/2010 Alteration type 2
03/18/2010 Alteration type 2
09/05/1991 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: 4 (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Kings Hwy at SE Corner
Station lines F
Distance (miles) 0.26
View subway map
Bus Routes
Name Kings Hy/Ocean Py
Line B82
Distance (miles) 0.13

Neighbors for 1850 Ocean Parkway, Brooklyn

Here are the neighbors for Waypark Realty - Waypark Realty - 1850 Ocean Parkway, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
1818 Ocean Pkwy, Brooklyn 5,184 02/03/2015 $2,500,000
1895 E 4th St, Brooklyn 2,212 02/01/2012
1955 E 5th St, Brooklyn 3,375 02/28/1986
1800 Ocean Pkwy, Brooklyn 76,000 01/02/1990
1872 Ocean Pkwy, Brooklyn 5,600 09/20/2012
1939 E 5th St, Brooklyn 4,450 09/23/1985
1836 Ocean Pkwy, Brooklyn 4,660 12/31/2012 $3,000,000
1824 Ocean Pkwy, Brooklyn 02/03/2015 $8,250,000
509 Avenue S, Brooklyn 4,296 06/29/2023 $12,000,000
1945 E 5th St, Brooklyn 2,311 08/28/2018 $4,500,500
1933 E 5th St, Brooklyn 2,286 06/21/2016 $4,600,000
1860 Ocean Pkwy, Brooklyn 60,000 06/07/1996
1888 Ocean Pkwy, Brooklyn 3,156 08/18/2000
1959 E 5th St, Brooklyn 2,925 12/20/2012 $1,661,536
1816 Ocean Pkwy, Brooklyn 5,184 02/03/2015 $2,500,000
501 Avenue R, Brooklyn 25,800 03/31/1982
1899 E 4th St, Brooklyn 1,958 03/20/2017
1951 E 5th St, Brooklyn 4,048 12/19/2017 $3,700,000
1830 Ocean Pkwy, Brooklyn 02/03/2015 $8,250,000
1802 Ocean Pkwy, Brooklyn 105,000 11/01/1989
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