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1950 Ocean Parkway, Brooklyn, NY 11223 Property Information

1950 Ocean Parkway, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1950 Ocean Parkway, Brooklyn, NY 11223 1
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Address

Primary address 1950 Ocean Parkway
Secondary address 1950 Garage Ocean Pkwy
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 07108-0157

Sales & Tax Overview for 1950 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 12/27/2005
Purchase price $10
Tax class
Estimated property tax $20,381

Lot & Building Information for 1950 Ocean Parkway, Brooklyn

Lot sq. ft. 7,500
Lot dimensions 50 ft x 150 ft
Property type Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sqft 3,221
Building dimensions 22 ft x 60 ft
Buildings on lot 2
Stories 2
Structure type Old style
Building material Frame
Exterior wall Stucco
Basement type Full
Garage type Detached, frame garage
Year built 1925
Frontage(s) Ocean Parkway (narrow)
Nearest wide street Ocean Parkway
Distance to wide street
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Zoning & Use for 1950 Ocean Parkway, Brooklyn

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 0.56 Miles
Closest fire station 0.29 Miles

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

Other Property Data for 1950 Ocean Parkway, Brooklyn

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Floor area ratio (FAR) for 1950 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 1950 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.

  • 1950 Garage Ocean Pkwy, Brooklyn, NY 11223

About 1950 Ocean Parkway, Brooklyn

What is the year built & the total sq. ft. for 1950 Ocean Parkway, Brooklyn, NY 11223?

1950 Ocean Parkway, Brooklyn, NY 11223 was built in 1925 and has a total of 3,221 square feet.

What is the assessed value of 1950 Ocean Parkway, Brooklyn, NY 11223 and the property tax paid?

Assessed at $331,860, the tax amount paid for 1950 Ocean Parkway, Brooklyn, NY 11223 is $19,261. For the next year, the tax amount for 1950 Ocean Parkway, Brooklyn, NY 11223 is estimated at $20,381.

When was 1950 Ocean Parkway, Brooklyn, NY 11223 last sold and what was the last sale price?

1950 Ocean Parkway, Brooklyn, NY 11223 was last sold in 12/27/2005 for $10.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 1950 Ocean Parkway, Brooklyn

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Property owner name for 1950 Ocean Parkway, Brooklyn, NY 11223
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Building contacts for 1950 Ocean Parkway, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 1950 Ocean Parkway, Brooklyn

Create a free account to view the complete sales history for 1950 Ocean Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/27/2005 $10

Title Documents for 1950 Ocean Parkway, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
12/27/2005 - D
01/10/2006 - R
Deed
(2006010301591001)
08/23/2005 - D
10/28/2005 - R
Satisfaction of Mortgage
(2005082401917001)
06/11/2004 - D
11/15/2004 - R
Agreement
(2004062800860002)
06/11/2004 - D
11/15/2004 - R
Mortgage
(2004062800860001)
05/17/2002 - R Satisfaction of Mortgage
(3240008424424)
05/17/2002 - R Mortgage
(3500008424350)
04/16/2002 - D
08/12/2004 - R
Agreement
(2004080600302001)
04/13/1988 - R Mortgage
(3850001358785)
10/21/1974 - D
10/21/1974 - R
Deed
(BK_7430074200635)
10/21/1974 - R Mortgage
(37430074200637)
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R: Recorded date
D: Document date

Property Taxes for 1950 Ocean Parkway, Brooklyn

Access detailed property tax data for 1950 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: $19,261
Estimated property tax: $20,381
Tax assessor's market value: $5,531,000
Assessed value: $331,860

Assessment History for 1950 Ocean Parkway, Brooklyn

Here's the assessment & property tax history for 1950 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 $5,531,000 $331,860 $97,068 19.843% $19,261 $19,261 +4.72%
2024/25 $4,917,000 $295,020 $91,574 20.085% $18,393 $18,393 +6.00%
2023/24 $4,337,000 $260,220 $86,393 20.085% $17,352 $17,352 -1.10%
2022/23 $3,550,000 $213,000 $86,393 20.309% $17,546 $17,546 +2.68%
2021/22 $2,741,000 $164,460 $85,597 19.963% $17,088 $17,088 +0.38%

Permits for 1950 Ocean Parkway, Brooklyn

The complete history of permits filed for 1950 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.

No recorded permits for this property.

Gravesend Residential Market Stats

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

Median Sale Price
$670,000
26.1% YoY
Median Price/Sqft
$761
15.6% 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) 0.303
View subway map
Bus Routes
Name Av U/E 5 St
Line B3
Distance (miles) 0.241

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.19
P.S. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.19
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.11
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.11
Ahaba Ve Ahava NR No Private PK, K-10 93 0.12

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Is 228 David A Boody 7 Yes Public 6-8 1,551 0.54
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.11
Ahaba Ve Ahava NR No Private PK, K-10 93 0.12
Mirrer Yeshiva Educational Institute NR No Private PK-8 360 0.28
Mirrer Yeshiva High School NR No Private PK-12 359 0.28

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Ahaba Ve Ahava NR No Private PK, K-10 93 0.12
B'not Rachel High School For Girls NR No Private 9-12 80 0.15
Mirrer Yeshiva High School NR No Private PK-12 359 0.28
Torah Academy High School NR No Private 9-12 16 0.28
Torah Academy High School NR No Private 9-12 12 0.29

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

Neighbors for 1950 Ocean Parkway, Brooklyn

Here are the neighbors for 1950 Ocean Parkway, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
1970 Ocean Pkwy, Brooklyn 2,540 11/03/2022
1926 Ocean Pkwy, Brooklyn 6,980 06/30/2016 $4,000,000
1980 Ocean Pkwy, Brooklyn 7,087 01/18/2002
1930 Ocean Pkwy, Brooklyn 3,476 08/30/2016
1956 Ocean Pkwy, Brooklyn 8,437 12/13/2005 $1,400,000
1912 Ocean Pkwy, Brooklyn 2,920 06/14/2023
514 Avenue S, Brooklyn 2,292 12/13/2012
1974 Ocean Pkwy, Brooklyn 9,000 10/10/2012
602 Avenue T, Brooklyn 79,920 08/24/2004 $195,000
1902 Ocean Pkwy, Brooklyn 10,200 05/20/2004 $1,500,000
1988 Ocean Pkwy, Brooklyn 5,460 11/30/2018 $3,750,000
501 Avenue T, Brooklyn 3,720 04/24/2023
1946 Ocean Pkwy, Brooklyn 6,443 07/20/2016 $5,350,000
1938 Ocean Pkwy, Brooklyn 3,388 08/16/2017 $2,000,000
1966 Ocean Pkwy, Brooklyn 3,834 02/24/2010 $1,500,000
1992 Ocean Pkwy, Brooklyn 01/30/2018 $7,500,000
511 Avenue T, Brooklyn 2,951 07/28/2015 $5,750,000
1920 Ocean Pkwy, Brooklyn 6,256 06/02/2016 $4,000,000
1916 Ocean Pkwy, Brooklyn 5,670 07/10/1998
1934 Ocean Pkwy, Brooklyn 3,476 10/02/1969
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