New York City  »  11235  »  Ocean View Ave  »  506 Ocean View Ave

506 Ocean View Avenue, Brooklyn, NY 11235 - Property report

Also known as: 506 Ocean View Ave

Property image for 506 Ocean View Avenue, Brooklyn, NY 11235
static Mapbox map

Property type

SRO - 1 or 2 People Housed in Individual Rooms in Multiple Dwelling Affordable Housing (HR)

Year built

1931

Lot sq. ft.

2,400

Sale price

$484,100

General information

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Address
Primary address
506 Ocean View Avenue
ZIP code
11235
Neighborhood
Brighton Beach
Borough
Brooklyn
Block & lot
08675-0069

Owner

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Building
Property type
SRO - 1 or 2 People Housed in Individual Rooms in Multiple Dwelling Affordable Housing (HR)
Building sq. ft.
3,060
Building dimensions
17 ft x 60 ft
Buildings on lot
2
Stories
2
Year built
1931
Building material
Sales
Sale date
06/12/2003
Sale price
$484,100
Tax
Tax year
2026-2027
Property tax
$12,926
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
20
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
24 ft x 100 ft
Lot sq. ft.
2,400

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
91 /100.  Rider's Paradise
Bike score
74 /100.  Very Bikeable
School district
21
Community district
13
Closest police station
0.70 Miles
Closest fire station
0.37 Miles

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

Ownership

Ownership information for 506 Ocean View Avenue, Brooklyn, NY

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

Sales history for 506 Ocean View Avenue, Brooklyn, NY 11235

Sale date Sale price Buyer name Seller name
06/12/2003 $484,100 XXXXXXXX, XXXXXXX XXXXXXXXXX, XXXXX XXX XXXXXXXXXX, XXXXXXXXXXXXX XXX XXXXXXXXXX, XXXXXXXXX XXX XXXXXX, XXXXXXXX XXX XXXXXXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/25/2022 - R
05/16/2022 - D		 Satisfaction of Mortgage
(2022051700930001)		 XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX XXX
06/25/2019 - R
06/21/2019 - D		 Satisfaction of Mortgage
(2019062101249001)		 XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX XXX
08/13/2004 - R
01/16/2004 - D		 Mortgage
(2004020300935002)		 XXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX XXX
08/13/2004 - R
01/16/2004 - D		 Agreement
(2004020300935001)		 XXXXXXXX XXXXXXX XXXX
09/08/2003 - R
07/11/2003 - D		 Satisfaction of Mortgage
(2003071501511001)		 XXXXXXXXXX XXXXX
09/12/2003 - R
06/12/2003 - D		 Deed, Other
(2003062701292001)		 XXXXXXXXXX XXXXX XXXXXXXX XXXXXXX
09/12/2003 - R
05/21/2003 - D		 Mortgage
(2003062701292002)		 XXXXXXXX XXXXXXX XXXXXXXX XXXXXXXX XXXXXX
08/29/2001 - R Satisfaction of Mortgage
(3650007793965)		 XXXXXXXXXX XXXXXXXXXXX XXXXXXXX XX
05/23/1997 - R Assignment, Mortgage
(3240005630224)		 XXXXXXXX XXXXXXXX XX XXX XXXXXX XXXX
11/15/1996 - R Satisfaction of Mortgage
(3580005428558)		 XXXXXXXXXX XXXXXXXXXXXXX XXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 506 Ocean View Avenue, 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
$12,926
Municipal exemptions
Recent tax assessments
Market value
$312,000
Assessed value
$140,400

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 $277,000 $124,650 $110,790 10.848% $12,018 $12,018 -1.75%
2024/25 $263,000 $118,350 $113,670 10.762% $12,233 $12,233 +6.06%
2023/24 $242,000 $108,900 $108,900 10.592% $11,535 $11,535 +4.68%
2022/23 $230,000 $103,500 $103,500 10.646% $11,019 $11,019 +3.96%
2021/22 $219,000 $98,550 $98,550 10.755% $10,599 $10,599 -14.68%
2020/21 $309,000 $139,050 $116,171 10.694% $12,423 $12,423 +24.58%
2019/20 $309,000 $139,050 $94,639 10.537% $9,972 $9,972 +29.73%
2018/19 $309,000 $139,050 $73,112 10.514% $7,687 $7,687 +41.73%
2017/18 $294,000 $132,300 $51,585 10.514% $5,424 $5,424 -13.62%
2016/17 $738,000 $44,280 $31,408 19.991% $6,279 $6,279 +8.37%
Permits

Permit information for 506 Ocean View Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/06/2026 Alteration
07/09/2025 Full demolition
06/18/2025 Alteration
06/18/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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
0.2

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Branch 6 St & Brighton Beach Rd at NW Corner
Station lines
B-Q
Distance (miles)
0.118
View subway map

Access the detailed traffic volume map for 506 Ocean View Avenue, 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

Neighbors for 506 Ocean View Avenue, Brooklyn, NY

3016 Brighton 6 St, Brooklyn 3020 Brighton 6 St, Brooklyn 3022 Brighton 6 St, Brooklyn 3013 Brighton 5 St, Brooklyn 3039 Brighton 5 St, Brooklyn 510 Ocean View Ave, Brooklyn 3017 Brighton 5 St, Brooklyn 524 Ocean View Ave, Brooklyn 3026 Brighton 6 St, Brooklyn 3024 Brighton 6 St, Brooklyn 502 Ocean View Ave, Brooklyn 512 Ocean View Ave, Brooklyn 3023 Brighton 5 St, Brooklyn 3029 Brighton 5 St, Brooklyn 3014 Brighton 6 St, Brooklyn 3019 Brighton 5 St, Brooklyn 3027 Brighton 5 St, Brooklyn 3043 Brighton 5 St, Brooklyn

Nearby ZIP codes for 506 Ocean View Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, 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 11234, New York City, NY 11236, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 506 Ocean View Avenue, Brooklyn, NY 11235?

The development at 506 Ocean View Avenue, Brooklyn, NY 11235 was built in 1931.

What is the total square footage of 506 Ocean View Avenue, Brooklyn, NY 11235?

506 Ocean View Avenue, Brooklyn, NY 11235 has a total of 3,060 square feet.

When was 506 Ocean View Avenue, Brooklyn, NY 11235 last sold and what was the sale price?

506 Ocean View Avenue, Brooklyn, NY 11235 was last sold on 06/12/2003 for $484,100.

What is the assessed value of 506 Ocean View Avenue, Brooklyn, NY 11235?

506 Ocean View Avenue, Brooklyn, NY 11235 is currently assessed at $140,400.

What are the property taxes for 506 Ocean View Avenue, Brooklyn, NY 11235?

The property taxes for 506 Ocean View Avenue, Brooklyn, NY 11235 total $12,926.

How many residential units does this building have?

This building has 20 residential unit(s).

Disclaimer

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