Kings  »  11230  »  Ocean Ave  »  1554 Ocean Ave

1554 Ocean Avenue, Brooklyn, NY 11230 - Property report

Also known as: 1554 Ocean Ave

Property image for 1554 Ocean Avenue, Brooklyn, NY 11230
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1926

Lot sq. ft.

24,400

Sale price

$5,475,679

General information

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Address
Primary address
1554 Ocean Avenue
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06721-0070

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
65,980
Building dimensions
160.92 ft x 140.5 ft
Buildings on lot
1
Stories
4
Year built
1926
Last altered
1981
Building material
Sales
Sale date
03/31/2026
Sale price
$5,475,679
Tax
Tax year
2026-2027
Property tax
$221,428
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
73
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
160.92 ft x 151.5 ft
Lot sq. ft.
24,400

Area overview

Walk score
82 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
64 /100.  Bikeable
School district
22
Community district
14
Closest police station
0.80 Miles
Closest fire station
0.87 Miles

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Ownership information for 1554 Ocean Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1554 Ocean Avenue, Brooklyn, NY 11230

Sale date Sale price Buyer name Seller name
03/31/2026 $5,475,679 XXXXX XXXX XXXXX XXX XXX XXXX XXXXX XXX
06/26/2008 $5,284,149 XXXX XXXXX XXX XXXXXXXX XXXXXXXX XXX
05/29/2003 $4,585,000 XXXXXXXX XXXXXXXX XXX XXXXX XXXXXXXXXXX XXXXXXXX XX, X. X. X.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/23/2026 - R UCC3 Termination
(2026042300219004)
XXXX XXXXX XXX XXXXXXXX XXXX X X XXXXXXXXX XX XXXXXX
04/23/2026 - R Initial UCC1
(2026042300219003)
XXXXX XXXX XXXXX XXX XXX XXXXXXXX XXXX X X
04/23/2026 - R
03/31/2026 - D
Agreement
(2026042300219002)
XXXXX XXXX XXXXX XXX XXX XXXXXXXX XXXX X X
04/23/2026 - R
03/31/2026 - D
Deed
(2026042300219001)
XXXX XXXXX XXX XXXXX XXXX XXXXX XXX XXX
04/13/2026 - R
03/26/2026 - D
Termination of Assign of L&R
(2026040600850004)
XXX XXXX XXXXXXXXX XXXX XXXX XXXXXX XXX
07/24/2018 - R Initial UCC1
(2018071600208004)
XXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/24/2018 - R
06/20/2018 - D
Assignment of Leases and Rents
(2018071600208003)
XXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/24/2018 - R
06/20/2018 - D
Agreement
(2018071600208002)
XXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/24/2018 - R
06/20/2018 - D
Mortgage
(2018071600208001)
XXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX
03/19/2014 - R Initial UCC1
(2014031100010003)
XXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1554 Ocean Avenue, 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
$221,428
Municipal exemptions
Recent tax assessments
Market value
$4,026,000
Assessed value
$1,811,700

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 $3,995,000 $1,797,750 $1,737,270 12.439% $216,099 $216,099 +1.21%
2024/25 $3,796,000 $1,708,200 $1,708,200 12.5% $213,525 $213,525 +0.97%
2023/24 $3,759,000 $1,691,550 $1,691,550 12.502% $211,478 $211,478 -6.73%
2022/23 $4,203,000 $1,891,350 $1,863,600 12.267% $228,608 $226,732 +17.13%
2021/22 $3,550,000 $1,597,500 $1,597,500 12.235% $195,454 $193,579 -14.81%
2020/21 $4,430,000 $1,993,500 $1,852,470 12.267% $227,242 $227,242 +3.32%
2019/20 $4,407,000 $1,983,150 $1,763,370 12.473% $219,945 $219,945 +6.05%
2018/19 $4,357,000 $1,960,650 $1,644,480 12.612% $207,402 $207,402 +8.90%
2017/18 $3,743,000 $1,684,350 $1,497,420 12.719% $190,457 $190,457 +11.59%
2016/17 $3,646,000 $1,640,700 $1,323,900 12.892% $170,677 $170,677 +15.78%

Permit information for 1554 Ocean Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/05/1995 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
09/02/2020 Aeuhaz1-fail to certify class 1

*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
East 16 St & Avenue J at NW Corner
Station lines
B-Q
Distance (miles)
0.227

Access the detailed traffic volume map for 1554 Ocean Avenue, 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 1554 Ocean Avenue, Brooklyn, NY 11230?

The development at 1554 Ocean Avenue, Brooklyn, NY 11230 was built in 1926.

What is the total square footage of 1554 Ocean Avenue, Brooklyn, NY 11230?

1554 Ocean Avenue, Brooklyn, NY 11230 has a total of 65,980 square feet.

When was 1554 Ocean Avenue, Brooklyn, NY 11230 last sold and what was the sale price?

1554 Ocean Avenue, Brooklyn, NY 11230 was last sold on 03/31/2026 for $5,475,679.

What is the assessed value of 1554 Ocean Avenue, Brooklyn, NY 11230?

1554 Ocean Avenue, Brooklyn, NY 11230 is currently assessed at $1,811,700.

What are the property taxes for 1554 Ocean Avenue, Brooklyn, NY 11230?

The property taxes for 1554 Ocean Avenue, Brooklyn, NY 11230 total $221,427.

How many residential units does this building have?

This building has 73 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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