New York City  »  11223  »  Ocean Pkwy  »  1987 Ocean Pkwy

1987 Ocean Parkway, Brooklyn, NY 11223 - Property report

Also known as: 1987 Garage Ocean Pkwy

Property image for 1987 Ocean Parkway, Brooklyn, NY 11223
static Mapbox map

Property type

Two Family Brick (B1)

Year built

1930

Lot sq. ft.

4,950

Sale price

$1,500,000

General information

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Address
Primary address
1987 Ocean Parkway
Alternate address(es)
1987 Garage Ocean Pkwy
ZIP code
11223
Neighborhood
Homecrest
Borough
Brooklyn
Block & lot
07088-0061

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
3,450
Building dimensions
23 ft x 75 ft
Buildings on lot
2
Stories
2
Year built
1930
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
02/25/2014
Sale price
$1,500,000
Tax
Tax year
2026-2027
Property tax
$14,599
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Ocean Parkway (wide)
Distance to wide street
Lot dimensions
33 ft x 150 ft
Lot sq. ft.
4,950

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.48 Miles
Closest fire station
0.20 Miles

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

Ownership

Ownership information for 1987 Ocean Parkway, Brooklyn, NY

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

Sales history for 1987 Ocean Parkway, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
02/25/2014 $1,500,000 XXXXXX, XXXXXX XXX XXXXXX, XXXXXXXXX XXXX, XXXXXX XXX XXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/04/2022 - R
01/19/2022 - D		 Agreement
(2022012700158003)		 XXXXXX XXXXXX XXXXXXXX XXXXX XXXX XX
02/04/2022 - R
01/19/2022 - D		 Mortgage
(2022012700158002)		 XXXXXX XXXXXX XXXXXXXX XXXXX XXXX XX
02/04/2022 - R
01/03/2022 - D		 Assignment, Mortgage
(2022012700158001)		 XXXX XXXX XXX XX XXXXXXXX XXXXX XXXX XX
03/10/2014 - R
02/25/2014 - D		 Mortgage
(2014022500001002)		 XXXXXX XXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/10/2014 - R
02/25/2014 - D		 Deed
(2014022500001001)		 XXXX XXXXXX XXXXXX XXXXXX
02/17/2012 - R
01/27/2012 - D		 Satisfaction of Mortgage
(2012012700575001)		 XXXX XXXX XXX XXXX
02/09/2012 - R
01/18/2012 - D		 Agreement
(2012012600445003)		 XXXX XXXXXX XXXX
02/09/2012 - R
01/18/2012 - D		 Mortgage
(2012012600445002)		 XXXX XXXXXX XXXX
02/09/2012 - R
12/30/2011 - D		 Assignment, Mortgage
(2012012600445001)		 XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXX XX X
07/09/2003 - R
01/10/2003 - D		 Assignment, Mortgage
(2003050100899004)		 XXX XXXXXXXX XX XXX XXXXX XXXXXXXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1987 Ocean Parkway, 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
$14,599
Municipal exemptions
Recent tax assessments
Market value
$4,174,000
Assessed value
$250,440

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 $4,249,000 $254,940 $70,452 19.843% $13,980 $13,980 +4.72%
2024/25 $4,443,000 $266,580 $66,464 20.085% $13,349 $13,349 +5.99%
2023/24 $3,918,000 $235,080 $62,705 20.085% $12,594 $12,594 +1.15%
2022/23 $3,207,000 $192,420 $61,310 20.309% $12,451 $12,451 +1.74%
2021/22 $2,648,000 $158,880 $61,310 19.963% $12,239 $12,239 -0.94%
2020/21 $2,295,000 $137,700 $58,710 21.045% $12,356 $12,356 +5.39%
2019/20 $2,103,000 $126,180 $55,387 21.167% $11,724 $11,724 +7.25%
2018/19 $1,741,000 $104,460 $52,254 20.919% $10,931 $10,931 +4.95%
2017/18 $2,073,000 $124,380 $51,092 20.385% $10,415 $10,415 +1.97%
2016/17 $1,863,000 $111,780 $51,092 19.991% $10,214 $10,214 +6.76%
Permits

Permit information for 1987 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/18/2024 Alteration

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Homecrest residential market stats

Access a detailed real estate market overview of Homecrest so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Homecrest and compare it to other neighborhoods in Brooklyn.

Median sale price

$655,000

-11.1% Y-o-Y

Median price/sq. ft.

$654

-5% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
4

Subway & traffic

Closest station
McDonald Ave & Avenue S at NE Corner
Station lines
F
Distance (miles)
0.389
View subway map

Access the detailed traffic volume map for 1987 Ocean Parkway, Brooklyn, NY 11223 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. 153 Homecrest 6 Yes Public PK, K-5 486 0.28
P.S. 153 Homecrest 6 Yes Public PK, K-5 486 0.28
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.10
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.10
Ahaba Ve Ahava NR No Private PK, K-10 93 0.10
Ahaba Ve Ahava NR No Private PK, K-10 93 0.10
Yeshiva Darchei Aliya NR No Private K-6 76 0.10
P.S. 215 Morris H Weiss 5 No Public PK, K-5 707 0.28
P.S. 215 Morris H Weiss 5 No Public PK, K-5 707 0.28
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 234 Arthur W Cunningham 8 Yes Public 6-8 1,342 0.60
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.10
Ahaba Ve Ahava NR No Private PK, K-10 93 0.10
Mirrer Yeshiva Educational Institute NR No Private PK-8 360 0.33
Mirrer Yeshiva High School NR No Private PK-12 359 0.33
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.38
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Abraham Lincoln High School 4 Yes Public 9-12 2,129 1.23
Ahaba Ve Ahava NR No Private PK, K-10 93 0.10
B'not Rachel High School For Girls NR No Private 9-12 80 0.18
Torah Academy High School NR No Private 9-12 16 0.19
Torah Academy High School NR No Private 9-12 12 0.20
Yeshive Ateret Tech Girls High School NR No Private 9-12 0 0.32

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1987 Ocean Parkway, Brooklyn, NY

2038 E 7th St, Brooklyn 619 Avenue T, Brooklyn 623 Avenue T, Brooklyn 629 Avenue T, Brooklyn 1983 Ocean Pkwy, Brooklyn 1969 Ocean Pkwy, Brooklyn 1975 Ocean Pkwy, Brooklyn 2044 E 7th St, Brooklyn 1971 Ocean Pkwy, Brooklyn 1961 Ocean Pkwy, Brooklyn 1953 Ocean Pkwy, Brooklyn 1991 Ocean Pkwy, Brooklyn 1995 Ocean Pkwy, Brooklyn 1979 Ocean Pkwy, Brooklyn 1965 Ocean Pkwy, Brooklyn 1957 Ocean Pkwy, Brooklyn 1949 Ocean Pkwy, Brooklyn 625 Avenue T, Brooklyn 2048 E 7th St, Brooklyn 2042 E 7th St, Brooklyn

Nearby ZIP codes for 1987 Ocean Parkway, 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 11224, 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 1987 Ocean Parkway, Brooklyn, NY 11223?

The development at 1987 Ocean Parkway, Brooklyn, NY 11223 was built in 1930.

What is the total square footage of 1987 Ocean Parkway, Brooklyn, NY 11223?

1987 Ocean Parkway, Brooklyn, NY 11223 has a total of 3,450 square feet.

When was 1987 Ocean Parkway, Brooklyn, NY 11223 last sold and what was the sale price?

1987 Ocean Parkway, Brooklyn, NY 11223 was last sold on 02/25/2014 for $1,500,000.

What is the assessed value of 1987 Ocean Parkway, Brooklyn, NY 11223?

1987 Ocean Parkway, Brooklyn, NY 11223 is currently assessed at $250,440.

What are the property taxes for 1987 Ocean Parkway, Brooklyn, NY 11223?

The property taxes for 1987 Ocean Parkway, Brooklyn, NY 11223 total $14,598.

How many residential units does this building have?

This building has 2 residential unit(s).

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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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