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1987 Ocean Parkway, Brooklyn, NY 11223 Property Information

1987 Ocean Parkway, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1987 Ocean Parkway, Brooklyn, NY 11223 1
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Address

Primary address 1987 Ocean Parkway
Secondary address 1987 Garage Ocean Pkwy
Neighborhood Homecrest
Zip code 11223
Borough Brooklyn
Block & lot 07088-0061

Sales & Tax Overview for 1987 Ocean Parkway, Brooklyn

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

Purchase date 02/25/2014
Purchase price $1,500,000
Tax class
Estimated property tax $14,598

Lot & Building Information for 1987 Ocean Parkway, Brooklyn

Lot sq. ft. 4,950
Lot dimensions 33 ft x 150 ft
Property type Two Family Brick (B1)
Building sqft 3,450
Building dimensions 23 ft x 75 ft
Buildings on lot 2
Stories 2
Structure type Old style
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Garage type Detached, frame garage
Year built 1930
Frontage(s) Ocean Parkway (narrow)
Nearest wide street Avenue T
Distance to wide street
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Zoning & Use for 1987 Ocean Parkway, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 0.48 Miles
Closest fire station 0.20 Miles

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

Other Property Data for 1987 Ocean Parkway, Brooklyn

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Floor area ratio (FAR) for 1987 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 1987 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.

  • 1987 Garage Ocean Pkwy, Brooklyn, NY 11223

About 1987 Ocean Parkway, Brooklyn

What is the year built & the total sq. ft. for 1987 Ocean Parkway, Brooklyn, NY 11223?

1987 Ocean Parkway, Brooklyn, NY 11223 was built in 1930 and has a total of 3,450 square feet.

What is the assessed value of 1987 Ocean Parkway, Brooklyn, NY 11223 and the property tax paid?

Assessed at $254,940, the tax amount paid for 1987 Ocean Parkway, Brooklyn, NY 11223 is $13,979. For the next year, the tax amount for 1987 Ocean Parkway, Brooklyn, NY 11223 is estimated at $14,598.

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

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

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 1987 Ocean Parkway, Brooklyn

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Property owner name for 1987 Ocean Parkway, Brooklyn, NY 11223
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Building contacts for 1987 Ocean Parkway, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 1987 Ocean Parkway, Brooklyn

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Purchase date Purchase price Buyer name Seller name
02/25/2014 $1,500,000

Title Documents for 1987 Ocean Parkway, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
01/19/2022 - D
02/04/2022 - R
Agreement
(2022012700158003)
01/19/2022 - D
02/04/2022 - R
Mortgage
(2022012700158002)
01/03/2022 - D
02/04/2022 - R
Assignment, Mortgage
(2022012700158001)
02/25/2014 - D
03/10/2014 - R
Mortgage
(2014022500001002)
02/25/2014 - D
03/10/2014 - R
Deed
(2014022500001001)
01/27/2012 - D
02/17/2012 - R
Satisfaction of Mortgage
(2012012700575001)
01/18/2012 - D
02/09/2012 - R
Agreement
(2012012600445003)
01/18/2012 - D
02/09/2012 - R
Mortgage
(2012012600445002)
12/30/2011 - D
02/09/2012 - R
Assignment, Mortgage
(2012012600445001)
01/10/2003 - D
07/09/2003 - R
Assignment, Mortgage
(2003050100899004)
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R: Recorded date
D: Document date

Property Taxes for 1987 Ocean Parkway, Brooklyn

Access detailed property tax data for 1987 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: $13,980
Estimated property tax: $14,598
Tax assessor's market value: $4,249,000
Assessed value: $254,940

Assessment History for 1987 Ocean Parkway, Brooklyn

Here's the assessment & property tax history for 1987 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 $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%

Permits for 1987 Ocean Parkway, Brooklyn

The complete history of permits filed for 1987 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
06/18/2024 Alteration
         
         
         
         
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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
$705,000
-1.7% YoY
Median Price/Sqft
$897
-0.6% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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 & Avenue S at NE Corner
Station lines F
Distance (miles) 0.389
View subway map
Bus Routes
Name Av U/Ocean Py
Line B3
Distance (miles) 0.175

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 1987 Ocean Parkway, Brooklyn

Here are the neighbors for 1987 Ocean Parkway, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
2038 E 7th St, Brooklyn 2,680 06/29/2022 $1,650,000
619 Avenue T, Brooklyn 3,066 01/11/2019 $10
623 Avenue T, Brooklyn 3,066 08/24/2018
629 Avenue T, Brooklyn 3,463 10/28/2021 $2,400,000
1983 Ocean Pkwy, Brooklyn 3,450 06/25/2004
1969 Ocean Pkwy, Brooklyn 2,892 02/08/1982
1975 Ocean Pkwy, Brooklyn 2,720 12/12/2018 $10
2044 E 7th St, Brooklyn 3,518 03/21/2025 $10
1971 Ocean Pkwy, Brooklyn 5,000 07/29/1992
1961 Ocean Pkwy, Brooklyn 3,018 08/29/2003 $900,000
1953 Ocean Pkwy, Brooklyn 2,304 04/16/1999
1991 Ocean Pkwy, Brooklyn 3,450 12/26/2023 $5,800,000
1995 Ocean Pkwy, Brooklyn 3,450 05/06/2013 $2,972,000
1979 Ocean Pkwy, Brooklyn 3,450 02/22/1991
1965 Ocean Pkwy, Brooklyn 2,720 03/16/1999
1957 Ocean Pkwy, Brooklyn 3,623 02/21/2023 $6,300,000
1949 Ocean Pkwy, Brooklyn 2,392 05/13/2005
625 Avenue T, Brooklyn 3,066 10/14/2018
2048 E 7th St, Brooklyn 3,066 03/21/2025 $10
2042 E 7th St, Brooklyn 2,680 10/07/1997
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