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2940 Ocean Parkway, Brooklyn, NY 11235 Property Information

2940 Ocean Parkway, Brooklyn, NY 11235 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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2940 Ocean Parkway, Brooklyn, NY 11235 1
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Address

Primary address 2940 Ocean Parkway
Secondary address 2940-2960 Ocean Pkwy
Neighborhood Coney Island
Zip code 11235
Borough Brooklyn
Block & lot 07274-0020

Sales & Tax Overview for 2940 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 05/04/2004
Purchase price $40,302,500
Tax class
Estimated property tax $2,499,809

Lot & Building Information for 2940 Ocean Parkway, Brooklyn

Lot sq. ft. 143,800
Lot dimensions 435.08 ft x 446.58 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 470,000
Building dimensions 291.5 ft x 145.67 ft
Buildings on lot 1
Stories 23
Year built 1964
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Zoning & Use for 2940 Ocean Parkway, Brooklyn

Zoning
Residential units (DOF) 441
Regulated units
Commercial units 3
Residential sqft
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 13
Closest police station 0.36 Miles
Closest fire station 0.52 Miles

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

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.

Other Property Data for 2940 Ocean Parkway, Brooklyn

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Floor area ratio (FAR) for 2940 Ocean Parkway, Brooklyn, NY 11235, 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 2940 Ocean Parkway, Brooklyn, NY 11235, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 2940-2960 Ocean Pkwy, Brooklyn, NY 11235

About 2940 Ocean Parkway, Brooklyn

How many square feet does 2940 Ocean Parkway, Brooklyn, NY 11235 have?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 2940 Ocean Parkway, Brooklyn, NY 11235 has a total of 470,000 square feet.

What is the year built & the current market value of 2940 Ocean Parkway, Brooklyn, NY 11235?

2940 Ocean Parkway, Brooklyn, NY 11235 was built in 1964 and has a current tax assessor's market value of $46,384,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 2940 Ocean Parkway, Brooklyn

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Property owner name for 2940 Ocean Parkway, Brooklyn, NY 11235
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Building contacts for 2940 Ocean Parkway, Brooklyn, NY 11235
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Representatives (from permits):
Tenants:
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Past Sales & Property History for 2940 Ocean Parkway, Brooklyn

Create a free account to view the complete sales history for 2940 Ocean Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/04/2004 $40,302,500

Title Documents for 2940 Ocean Parkway, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/22/2023 - R UCC3 Continuation
(2023122200013001)
06/06/2019 - R UCC3 Assignment
(2019060501224002)
05/14/2019 - D
06/06/2019 - R
Assignment, Mortgage
(2019060501224001)
05/10/2019 - D
05/22/2019 - R
Satisfaction of Mortgage
(2019051701095001)
03/06/2019 - R Initial UCC1
(2019030500752008)
03/06/2019 - R UCC3 Termination
(2019030500752004)
03/06/2019 - R UCC3 Termination
(2019030500752003)
03/01/2019 - D
03/06/2019 - R
Assignment, Mortgage
(2019030500752007)
03/01/2019 - D
03/06/2019 - R
Agreement
(2019030500752006)
03/01/2019 - D
03/06/2019 - R
Mortgage
(2019030500752005)
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R: Recorded date
D: Document date

Property Taxes for 2940 Ocean Parkway, Brooklyn

Access detailed property tax data for 2940 Ocean Parkway, Brooklyn, NY 11235. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $2,547,087
Estimated property tax: $2,499,809
Tax assessor's market value: $46,384,000
Assessed value: $20,872,800

Assessment History for 2940 Ocean Parkway, Brooklyn

Here's the assessment & property tax history for 2940 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 $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%

Permits for 2940 Ocean Parkway, Brooklyn

The complete history of permits filed for 2940 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
02/27/2026 Alteration
01/21/2026 Alteration
08/11/2025 Alteration
05/09/2025 Alteration
04/11/2024 Alteration
04/05/2024 Alteration
01/25/2024 Alteration
01/22/2024 Alteration
01/10/2024 Alteration
09/27/2023 Alteration
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): AE (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Ocean Pkwy & Brighton Beach Rd at NW Corner
Station lines Q
Distance (miles) 0.21
View subway map
Bus Routes
Name Neptune Av/Ocean Py
Line B36
Distance (miles) 0.058

Neighbors for 2940 Ocean Parkway, Brooklyn

Here are the neighbors for 2940 Ocean Parkway, Brooklyn, NY 11235.

Address Square feet Purchase date Purchase price
2928 W 5th St, Brooklyn 623,806 11/01/2023 $425,000
2801 W 8th St, Brooklyn 6,900 05/10/2024
458 Neptune Ave, Brooklyn 623,800 07/07/1986
606 Neptune Ave, Brooklyn 6,820 09/20/2002
2915 W 5th St, Brooklyn 491,050
608 Sheepshead Bay Rd, Brooklyn 21,156 05/10/2005 $3,040,000
606 Sheepshead Bay Rd, Brooklyn 06/07/1967
2875 W 8th St, Brooklyn 50,000 09/01/2015
2857 W 8th St, Brooklyn 86,160 03/29/2018 $23,000,000
448 Neptune Ave, Brooklyn 623,806
2978 Ocean Pkwy, Brooklyn 2,814 01/30/2024
3000 Ocean Pkwy, Brooklyn 470,000 12/16/2010
2831 W 8th St, Brooklyn 10,340 09/09/2013 $1,025,000
626 Sheepshead Bay Rd, Brooklyn 138,806 01/06/2015 $18,080,000
2944 W 5th St, Brooklyn 623,806
2957 Shell Rd, Brooklyn 220,730 05/12/2022
1047 Surf Ave, Brooklyn 7,200 10/02/2007 $2,400,000
1019 Surf Ave, Brooklyn 11,466 08/03/2021 $5,500,000
2968 Ocean Pkwy, Brooklyn 10,200 01/30/2024
2955 Shell Rd, Brooklyn 195,018
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