New York City » 11224 » Ocean View Ave » 5020 Ocean View Ave

5020 Ocean View Avenue, Brooklyn, NY 11224 - Property report

Also known as: 5020 Ocean View Ave

Property image for 5020 Ocean View Avenue, Brooklyn, NY 11224

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1960

Lot sq. ft.

15,578

Sale price

$1,700,000

General information

Address

Primary address

5020 Ocean View Avenue

Alternate address(es)

5020 Rear Ocean View Ave

ZIP code

11224

Neighborhood

Sea Gate

Borough

Brooklyn

Block & lot

07033-0078

Building

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Building sq. ft.

3,287

Building dimensions

22 ft x 54 ft

Buildings on lot

Stories

Year built

1960

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Garage type

Basement Garage

Sales

Sale date

08/15/2006

Sale price

$1,700,000

Tax

Tax year

2026-2027

Property tax

$8,958

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Ocean View Avenue (narrow)
Beach 51 Street (narrow)

Nearest wide street

Surf Avenue

Distance to wide street

Lot dimensions

60.17 ft x 258.92 ft

Lot sq. ft.

15,578

Area overview

Walk score

22 /100. Car-Dependent

Transit score

44 /100. Some Transit

Bike score

31 /100. Somewhat Bikeable

School district

Community district

Closest police station

1.60 Miles

Closest fire station

0.94 Miles

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

Ownership

Ownership information for 5020 Ocean View Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5020 Ocean View Avenue, Brooklyn, NY 11224

Sale date	Sale price	Buyer name	Seller name
08/15/2006	$1,700,000	XXXX XXX, XXX.	XXXXXXX, XXXXXXX X XXX XXXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/14/2006 - R 08/29/2006 - D	Satisfaction of Mortgage (2006090800686003)	XXXXXXX XXXXX	XXXXXXXXX XXXXXX XXXX XX
08/23/2006 - R 08/15/2006 - D	Deed (2006081801843001)	XXXXXXX XXXXXXX X	XXXX XXX XXX
07/30/2002 - R	Satisfaction of Mortgage (3970008787797)		XXXXXXXX XX
10/03/1996 - R	Mortgage (3730005368773)	XXXXXXX XXXXX
03/05/1992 - R	Mortgage (3620001672862)	XXXXXXX XXXXX	XXXXXXXX XX
03/05/1992 - R	Deed (3610001672861)	XXXXXXX XXXXX	XXXXXXX XXXXX
02/20/1985 - R	Satisfaction of Mortgage (3910001070791)	XXXXXXX XXXXX	XXXXXX XXXXXX
08/27/1976 - R	Mortgage (37630086800347)	XXXXXXX XXXXXX	XXXXXX XXXXXX
09/14/1973 - R	Deed (37330065900306)	XXXXXXX XXXXXX X	XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5020 Ocean View 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

$8,958

Municipal exemptions

Recent tax assessments

Market value

$943,000

Assessed value

$56,580

More about New York City property taxes

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	$1,083,000	$64,980	$45,145	19.843%	$8,958	$8,958	-0.45%
2024/25	$1,014,000	$60,840	$44,803	20.085%	$8,999	$8,999	+5.99%
2023/24	$1,210,000	$72,600	$42,269	20.085%	$8,490	$8,490	+4.83%
2022/23	$1,326,000	$79,560	$39,877	20.309%	$8,099	$8,099	+7.84%
2021/22	$1,200,000	$72,000	$37,621	19.963%	$7,510	$7,510	-5.14%
2020/21	$1,184,000	$71,040	$37,621	21.045%	$7,917	$7,917	+0.18%
2019/20	$1,038,000	$62,280	$37,336	21.167%	$7,903	$7,903	+7.25%
2018/19	$872,000	$52,320	$35,224	20.919%	$7,369	$7,369	+8.77%
2017/18	$1,081,000	$64,860	$33,231	20.385%	$6,774	$6,774	+8.09%
2016/17	$1,224,000	$73,440	$31,351	19.991%	$6,267	$6,267	+2.23%

Permits

Permit information for 5020 Ocean View Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Seagate, Coney Island residential market stats

Access a detailed real estate market overview of Seagate, Coney Island so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Seagate, Coney Island 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

FEMA flood zones

0.2,AE,VE

Hurricane evacuation zones

Subway & traffic

Closest station

Stillwell Ave & Bay 50th St at SW Corner

Station lines

Distance (miles)

1.558

View subway map

Access the detailed traffic volume map for 5020 Ocean View Avenue, Brooklyn, NY 11224 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. 188 Michael E Berdy	3	Yes	Public	PK, K-5	256	0.60
P.S. 188 Michael E Berdy	3	Yes	Public	PK, K-5	256	0.60
P.S. 329 Surfside	3	No	Public	PK, K-5	313	0.89
P.S. 329 Surfside	3	No	Public	PK, K-5	313	0.89
Block Institute	NR	No	Private	PK, K-2	252	1.06
Block Institute	NR	No	Private	PK, K-2	252	1.06
Block Institute School	NR	No	Private	PK, K-2	217	1.06
Block Institute School	NR	No	Private	PK, K-2	217	1.06
Block Institute School	NR	No	Private	PK, K-2	252	1.06
P.S. 288 The Shirley Tanyhill	3	No	Public	PK, K-8	518	1.06

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Mark Twain is 239 for the Gifted and Talented	9	No	Public	6-8	1,207	0.99
P.S. 288 The Shirley Tanyhill	3	No	Public	PK, K-8	518	1.06
Is 281 Joseph B Cavallaro	7	No	Public	6-8	1,164	1.36
Kingsborough Early College School	7	No	Public	6-12	743	1.63
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	1.74
St Peter Catholic Academy	NR	No	Private	PK-8	219	1.86
P.S. 163 Bath Beach	7	No	Public	K-8	607	1.88
Brooklyn Studio Secondary School	5	No	Public	6-12	876	1.94
Gesher Yehuda	NR	No	Private	K-12	67	1.97
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	1.97

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Liberation Diploma Plus	2	No	Public	9-12	175	1.36
International High School At Lafayette	2	No	Public	9-12	353	1.63
Leaders High School	6	No	Public	9-12	372	1.63
High School Of Sports Management	2	No	Public	9-12	338	1.63
Life Academy High School For Film And Music	4	No	Public	9-12	251	1.63
Kingsborough Early College School	7	No	Public	6-12	743	1.63
John Dewey High School	4	No	Public	9-12	2,150	1.67
East Academy of Science & Technology	NR	No	Private	9-12	34	1.68
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	1.74
Brooklyn Studio Secondary School	5	No	Public	6-12	876	1.94

Nearby ZIP codes for 5020 Ocean View Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 5020 Ocean View Avenue, Brooklyn, NY 11224?

The development at 5020 Ocean View Avenue, Brooklyn, NY 11224 was built in 1960.

What is the total square footage of 5020 Ocean View Avenue, Brooklyn, NY 11224?

5020 Ocean View Avenue, Brooklyn, NY 11224 has a total of 3,287 square feet.

When was 5020 Ocean View Avenue, Brooklyn, NY 11224 last sold and what was the sale price?

5020 Ocean View Avenue, Brooklyn, NY 11224 was last sold on 08/15/2006 for $1,700,000.

What is the assessed value of 5020 Ocean View Avenue, Brooklyn, NY 11224?

5020 Ocean View Avenue, Brooklyn, NY 11224 is currently assessed at $56,580.

What are the property taxes for 5020 Ocean View Avenue, Brooklyn, NY 11224?

The property taxes for 5020 Ocean View Avenue, Brooklyn, NY 11224 total $8,958.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.