487 Ocean Parkway, Brooklyn, NY 11218 Property Information
487 Ocean Parkway, Brooklyn, NY 11218 Property Information
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- Owner
- Documents
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- Permits
- Neighborhood
Address
| Primary address | 487 Ocean Parkway |
| Neighborhood | Kensington |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05390-0060 |
Sales & Tax Overview for 487 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 | 08/30/2014 |
| Purchase price | $2,360,000 |
| Tax class | Register |
| Estimated property tax | $6,164 |
Lot & Building Information for 487 Ocean Parkway, Brooklyn
| Lot sq. ft. | 4,500 |
| Lot dimensions | |
| Property type | Zoned Residential - Not Manhattan (V0)
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| Frontage(s) | Ocean Parkway (narrow) |
| Nearest wide street | Ocean Parkway |
| Distance to wide street | Register |
Zoning & Use for 487 Ocean Parkway, Brooklyn
| Zoning | Register |
Area Overview
| School district | 20 |
| Community district | 12 |
| Closest police station | 0.42 Miles |
| Closest fire station | 0.35 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 487 Ocean Parkway, Brooklyn
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About 487 Ocean Parkway, Brooklyn
The current market value is $1,254,000.
Ownership Information for 487 Ocean Parkway, Brooklyn
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Past Sales & Property History for 487 Ocean Parkway, Brooklyn
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*Here are the three most recent sales for this property.
Title Documents for 487 Ocean Parkway, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 487 Ocean Parkway, Brooklyn
Access detailed property tax data for 487 Ocean Parkway, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $5,815 |
| Estimated property tax: | $6,164 |
| Tax assessor's market value: | $1,254,000 |
| Assessed value: | $75,240 |
Assessment History for 487 Ocean Parkway, Brooklyn
Here's the assessment & property tax history for 487 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 | $1,254,000 | $75,240 | $29,306 | 19.843% | $5,815 | $5,815 | +4.72% |
| 2024/25 | $987,000 | $59,220 | $27,648 | 20.085% | $5,553 | $5,553 | 0.00% |
| 2023/24 | $759,000 | $45,540 | $27,648 | 20.085% | $5,553 | $5,553 | -0.35% |
| 2022/23 | $584,000 | $35,040 | $27,440 | 20.309% | $5,573 | $5,573 | +7.83% |
| 2021/22 | $508,000 | $30,480 | $25,887 | 19.963% | $5,168 | $5,168 | +0.55% |
Permits for 487 Ocean Parkway, Brooklyn
The complete history of permits filed for 487 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.
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Kensington Residential Market Stats
Access a detailed real estate market overview of Kensington so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Kensington and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | McDonald Ave & Ditmas Ave at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.314 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 18 Av/E 8 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.202 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schools
Nearest elementary schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 179 Kensington | 5 | Yes | Public | PK, K-5 | 668 | 0.36 |
| P.S. 179 Kensington | 5 | Yes | Public | PK, K-5 | 668 | 0.36 |
| Yeshiva & Mesivta Torah Temimah | NR | No | Private | PK, K-12 | 622 | 0.12 |
| Yeshiva & Mesivta Torah Temimah | NR | No | Private | PK, K-12 | 622 | 0.12 |
| Mevakshai Hashem | NR | No | Private | PK-8 | 572 | 0.15 |
Nearest middle schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Jhs 62 Ditmas | 7 | Yes | Public | 6-8 | 900 | 0.12 |
| Yeshiva & Mesivta Torah Temimah | NR | No | Private | PK, K-12 | 622 | 0.12 |
| Mevakshai Hashem | NR | No | Private | PK-8 | 572 | 0.15 |
| Mavakshai Hashem | NR | No | Private | PK-8 | 475 | 0.15 |
| Yeshiva Torah Vodaath | NR | No | Private | K-8 | 0 | 0.17 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Yeshiva & Mesivta Torah Temimah | NR | No | Private | PK, K-12 | 622 | 0.12 |
| Torah Vodaath High School | NR | No | Private | 9-12 | 0 | 0.17 |
| Bonim Lamokom | NR | No | Private | 35 | 0.18 | |
| Yeshiva Nesivas Chaim | NR | No | Private | 9-12 | 0 | 0.30 |
| Yeshiva Gedolah of Midwood | NR | No | Private | 9-12 | 0 | 0.32 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 487 Ocean Parkway, Brooklyn
Here are the neighbors for 487 Ocean Parkway, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 815 McDonald Ave, Brooklyn | 1,160 | 01/19/2005 | $450,000 |
| 633 Dahill Rd, Brooklyn | 3,300 | 03/07/2002 | |
| 1656 42nd St, Brooklyn | 4,290 | 05/12/2022 | $1,615,000 |
| 369 E 9th St, Brooklyn | 10/26/1980 | ||
| 813 McDonald Ave, Brooklyn | 1,212 | 07/30/2013 | $200,000 |
| 814 E 3rd St, Brooklyn | 2,046 | 09/21/1989 | |
| 1723 43rd St, Brooklyn | 2,100 | 02/07/2002 | |
| 406 Ditmas Ave, Brooklyn | 3,972 | 09/13/2017 | |
| 629 E 8th St, Brooklyn | 3,144 | 09/04/2015 | $805,000 |
| 502 Cortelyou Rd, Brooklyn | 2,880 | 07/12/2022 | |
| 909 Cortelyou Rd, Brooklyn | 3,174 | 06/06/2023 | $10 |
| 511 E 5th St, Brooklyn | 1,553 | 03/26/2007 | $575,000 |
| 705 E 2nd St, Brooklyn | 3,867 | 07/03/2025 | $2,850,000 |
| 4321 17th Ave, Brooklyn | 1,886 | 04/22/2012 | |
| 340 E 9th St, Brooklyn | 06/06/2022 | ||
| 622 Avenue C, Brooklyn | 3,457 | 04/27/2017 | $919,000 |
| 507 E 5th St, Brooklyn | 1,282 | 05/28/2013 | $640,000 |
| 531 E 9th St, Brooklyn | 4,968 | 02/18/1999 | |
| 549 E 4th St, Brooklyn | 3,144 | 07/11/2019 |