New York City  »  11235  »  Ocean Pkwy  »  2940 Ocean Pkwy

2940 Ocean Parkway, Brooklyn, NY 11235 - Property report

Also known as: 2940 Ocean Pkwy

Property image for 2940 Ocean Parkway, Brooklyn, NY 11235
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Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1964

Lot sq. ft.

143,800

Sale price

$40,302,500

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
2940 Ocean Parkway
Alternate address(es)
2940-2960 Ocean Pkwy
ZIP code
11235
Neighborhood
Coney Island
Borough
Brooklyn
Block & lot
07274-0020

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
470,000
Building dimensions
291.5 ft x 145.67 ft
Buildings on lot
1
Stories
23
Year built
1964
Building material
Sales
Sale date
05/04/2004
Sale price
$40,302,500
Tax
Tax year
2026-2027
Property tax
$2,499,810
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
441
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
435.08 ft x 446.58 ft
Lot sq. ft.
143,800

Area overview

Walk score
84 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
21
Community district
13
Closest police station
0.36 Miles
Closest fire station
0.52 Miles

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

Building Description

Located in Brooklyn's iconic Coney Island neighborhood, the 23-story 2940 Ocean Parkway features 445 residential units. Of this, 22 are free-market apartments, while 408 units are regulated. The 470,000-square-foot property is just one block from the beach and boasts amenities like a children's playground, onsite parking, a recently updated lobby, valet services, and a party lounge complete with commercial kitchen. There's also a state-of-the art fitness center, a resident lounge complete with fire place, as well as 24-hour doorman, maintenance, and superintendent services.

Part of School District 21, 2940 Ocean Parkway is zoned for P.S. 100 The Coney Island School, Abraham Lincoln High School, and I.S. 303 Hebert S. Eisenberg. The apartment tower is a block from the Ocean Parkway and Brighton Beach Road Station, which serves the Q train, while the F, B, D, and N lines can be boarded within half a mile of the property.

Ownership information for 2940 Ocean Parkway, Brooklyn, NY

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

Sales history for 2940 Ocean Parkway, Brooklyn, NY 11235

Sale date Sale price Buyer name Seller name
05/04/2004 $40,302,500 XXXXX XXXXXXX XXXXXXXXXX XXX XXX XXXXX XXXXXXX XXXXXXXXXXXX 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
12/22/2023 - R UCC3 Continuation
(2023122200013001)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
06/06/2019 - R UCC3 Assignment
(2019060501224002)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
06/06/2019 - R
05/14/2019 - D
Assignment, Mortgage
(2019060501224001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX X X XX XXXXXXX
05/22/2019 - R
05/10/2019 - D
Satisfaction of Mortgage
(2019051701095001)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXX XXXXXXXXXX XXX
03/06/2019 - R Initial UCC1
(2019030500752008)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
03/06/2019 - R UCC3 Termination
(2019030500752004)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX XXXXXXXX X X XX XXXXXXX
03/06/2019 - R UCC3 Termination
(2019030500752003)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
03/06/2019 - R
03/01/2019 - D
Assignment, Mortgage
(2019030500752007)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
03/06/2019 - R
03/01/2019 - D
Agreement
(2019030500752006)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
03/06/2019 - R
03/01/2019 - D
Mortgage
(2019030500752005)
XXXXX XXXXXXX XXXXXXXXXX XXX XXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2940 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
$2,499,810
Municipal exemptions
Recent tax assessments
Market value
$44,659,000
Assessed value
$20,096,550

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 $46,384,000 $20,872,800 $20,476,620 12.439% $2,547,087 $2,547,087 +2.34%
2024/25 $46,211,000 $20,794,950 $19,910,700 12.5% $2,488,838 $2,488,838 +4.62%
2023/24 $48,221,000 $21,699,450 $19,027,980 12.502% $2,378,878 $2,378,878 +8.33%
2022/23 $48,037,000 $21,616,650 $17,901,810 12.267% $2,196,015 $2,196,015 +8.64%
2021/22 $38,665,000 $17,399,250 $16,520,670 12.235% $2,021,304 $2,021,304 +4.16%
2020/21 $40,096,000 $18,043,200 $15,819,750 12.267% $1,940,609 $1,940,609 +7.29%
2019/20 $36,403,000 $16,381,350 $14,500,890 12.473% $1,808,696 $1,808,696 +7.76%
2018/19 $35,708,000 $16,068,600 $13,308,120 12.612% $1,678,420 $1,678,420 +8.36%
2017/18 $32,691,000 $14,710,950 $12,177,900 12.719% $1,548,907 $1,548,907 +3.30%
2016/17 $30,877,000 $13,894,650 $11,631,060 12.892% $1,499,476 $1,499,476 +7.13%

Permit information for 2940 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/27/2026 Alteration
01/21/2026 Alteration
08/11/2025 Alteration
05/09/2025 Alteration
04/11/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/23/2026 C-construction other optional
01/23/2026 C-construction other optional
10/17/2025 C-construction other optional

*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
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Ocean Pkwy & Brighton Beach Rd at NW Corner
Station lines
Q
Distance (miles)
0.21

Access the detailed traffic volume map for 2940 Ocean Parkway, Brooklyn, NY 11235 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 2940 Ocean Parkway, Brooklyn, NY 11235?

The development at 2940 Ocean Parkway, Brooklyn, NY 11235 was built in 1964.

What is the market value of 2940 Ocean Parkway, Brooklyn, NY 11235?

The current market value of 2940 Ocean Parkway, Brooklyn, NY 11235 is $44,659,000.

What is the total square footage of 2940 Ocean Parkway, Brooklyn, NY 11235?

2940 Ocean Parkway, Brooklyn, NY 11235 has a total of 470,000 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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