New York City  »  11224  »  W 24th St  »  2970 W 24th St

Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224 - Property report

Also known as: 2916-2986 W 24th St

Property image for Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1972

Lot sq. ft.

153,383

Sale price

$35,600,000

General information

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Address
Building name
Ocean Towers
Primary address
Ocean Towers - 2970 West 24th Street
Alternate address(es)
2401-2429 Surf Ave
2915-2991 W 25th St
2916-2986 W 24th St
ZIP code
11224
Neighborhood
Coney Island
Borough
Brooklyn
Block & lot
07055-0013

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
380,000
Building dimensions
95 ft x 200 ft
Buildings on lot
1
Stories
19
Year built
1972
Building material
Sales
Sale date
05/17/2013
Sale price
$35,600,000
Tax
Tax year
2026-2027
Property tax
$1,408,512
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
360
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
237.83 ft x 670.83 ft
Lot sq. ft.
153,383

Area overview

Walk score
80 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
57 /100.  Bikeable
School district
21
Community district
13
Closest police station
0.77 Miles
Closest fire station
0.16 Miles

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

Building Description

The Ocean Towers at 2950 West 24 Street in Coney Island were constructed in 1972 using federal dollars provided by New York City's Mitchell-Lama Housing Program. The property was seriously damaged by Superstorm Sandy in 2012, and the Community Development Trust, in concert with Proto Property Services, acquired the apartment building. The subsequent makeover of the 19-story tower was the private real estate investment trust's first project in New York City. The $50 million renovation brought significant upgrades in both the 360 apartments and the common areas.

Ocean Towers is one block from the Atlantic Ocean and Coney Island beaches, and less than two blocks from Kaiser Park. Part of School District 21, 2950 West 24 Street is zoned for P.S. 288, I.S. 96 and Abraham Lincoln High School. Additional area schools include The Brooklyn School of Inquiry, Coney Island Preparatory Charter School, I.S. 239, Yeshivat Magen Abraham, and Liberation Diploma Plus High School. The nearest subway station serves the D, F, N and Q lines half a mile away at Stillwell and Surf Avenue, and bus service is steps away, including the B36, X28 and X38 lines.

Ownership information for Ocean Towers - 2970 West 24th Street, Brooklyn, NY

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

Sales history for Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224

Title documents

Date Type Amount Party 1 Party 2
05/20/2025 - R Initial UCC1
(2025051900773001)
XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
03/27/2024 - R
03/20/2024 - D
Agreement
(2024032700332001)
XXXXX XXXXXX XXXXXXXX XXX XXXXXXXXXX XX XXXXXXX XXXXXXXXXXXX XXX XXXXXXXXXXX
06/25/2021 - R UCC3 Assignment
(2021062101138002)
XXXXX XXXXXX XXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
06/25/2021 - R
09/25/2020 - D
Assignment, Mortgage
(2021062101138001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/26/2020 - R Initial UCC1
(2020062600167009)
XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
06/26/2020 - R UCC3 Termination
(2020062600167002)
XXXXX XXXXXX XXXXXXXX XXX XXXX XX X X X
06/26/2020 - R
06/18/2020 - D
Subordination of Mortgage
(2020062600167008)
XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
06/26/2020 - R
06/18/2020 - D
Subordination of Mortgage
(2020062600167007)
XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
06/26/2020 - R
06/18/2020 - D
Assignment, Mortgage
(2020062600167006)
XXX XXXXXXXX XXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
06/26/2020 - R
06/18/2020 - D
Agreement
(2020062600167005)
XXXXX XXXXXX XXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Ocean Towers - 2970 West 24th Street, 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
$1,408,512
Municipal exemptions
Recent tax assessments
Market value
$29,542,000
Assessed value
$13,293,900

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 $29,457,000 $13,255,650 $11,323,350 12.439% $1,648,870 $1,314,089 +37.57%
2024/25 $26,755,000 $12,039,750 $10,663,100 12.5% $1,504,969 $955,196 +1.15%
2023/24 $26,558,000 $11,951,100 $10,574,450 12.502% $1,494,127 $944,327 -6.63%
2022/23 $37,463,000 $16,858,350 $11,323,350 12.267% $1,943,932 $1,011,344 +0.36%
2021/22 $31,567,000 $14,205,150 $11,323,350 12.235% $1,738,000 $1,007,721 -26.87%
2020/21 $36,416,000 $16,387,200 $11,233,510 12.267% $1,861,436 $1,378,015 +0.05%
2019/20 $35,649,000 $16,042,050 $11,042,730 12.473% $1,800,715 $1,377,360 +12.31%
2018/19 $34,981,000 $15,741,450 $9,724,047 12.612% $1,686,661 $1,226,397 -0.84%
2017/18 $31,780,000 $14,301,000 $9,724,050 12.719% $1,573,360 $1,236,802 -17.85%
2016/17 $30,776,000 $13,849,200 $11,678,500 12.892% $1,505,592 $1,505,592 +4.55%

Permit information for Ocean Towers - 2970 West 24th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/28/2026 Alteration
07/02/2026 Alteration
07/02/2026 Alteration
02/20/2026 Alteration
07/07/2025 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
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required

*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

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

Property location map
FEMA flood zones
0.2,AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Stillwell Ave & Surf Ave at NE Corner
Station lines
D-F-N-Q
Distance (miles)
0.556

Access the detailed traffic volume map for Ocean Towers - 2970 West 24th Street, 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

Frequently asked questions

What is the year built for Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224?

The development at Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224 was built in 1972.

What is the total square footage of Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224?

Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224 has a total of 380,000 square feet.

When was Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224 last sold and what was the sale price?

Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224 was last sold on 05/17/2013 for $35,600,000.

What is the assessed value of Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224?

Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224 is currently assessed at $13,293,900.

What are the property taxes for Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224?

The property taxes for Ocean Towers - 2970 West 24th Street, Brooklyn, NY 11224 total $1,408,511.

How many residential units does this building have?

This building has 360 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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