New York City  »  11218  »  Ocean Pkwy  »  487 Ocean Pkwy

487 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 487 Ocean Pkwy

Property image for 487 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Zoned Residential - Not Manhattan (V0)

Lot sq. ft.

4,500

Sale price

$2,360,000

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
487 Ocean Parkway
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05390-0060

Owner

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Building
Property type
Zoned Residential - Not Manhattan (V0)
Sales
Sale date
08/30/2014
Sale price
$2,360,000
Tax
Tax year
2026-2027
Property tax
$6,164
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Ocean Parkway (wide)
Distance to wide street
Lot dimensions
30 ft x 150 ft
Lot sq. ft.
4,500

Area overview

Walk score
86 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.42 Miles
Closest fire station
0.35 Miles

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

Ownership

Ownership information for 487 Ocean Parkway, Brooklyn, NY

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

Sales history for 487 Ocean Parkway, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
08/30/2014 $2,360,000 XXX XXXXX XXXXXXX XXXXXXXXXXX XXX XXXXXX XXXXXX XXX XXX XXX XXXXXX XXX XXX XXX XXXXXX XXXX.
01/23/2014 $50,000 XXX XXXXXX XXXX. XXXX, XXXXXX
08/29/2013 $300,000 XXX XXXXXX XXXXXX XXX XXXXXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/12/2025 - R
03/05/2025 - D		 Deed
(2025030600101001)		 XXX XXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXX XXXX
03/01/2019 - R
02/26/2019 - D		 Satisfaction of Mortgage
(2019022800913001)		 XXXXXXXXX XXXXXX XXXXX XXXX XXXXXXXXX XXX
12/31/2018 - R
12/26/2018 - D		 Certificate
(2018122800327002)		 XXX XXXXXXXX XXX
12/31/2018 - R
12/21/2018 - D		 Zoning Lot Description
(2018122800327001)		 XXX XXXXX XXXXXXX XXXXXXXXXXX
11/28/2017 - R
11/20/2017 - D		 Certificate
(2017112001109001)		 XXXXXXXXX XXXXXXXX XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXXXXXXXX
10/11/2017 - R
09/07/2017 - D		 Zoning Lot Description
(2017091400566001)		 XXX XXXXX XXXXXXX XXXXXXXXXXX
09/24/2014 - R
08/30/2014 - D		 Deed
(2014090900378001)		 XXX XXXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXXXXXXXXXX
02/10/2014 - R
01/23/2014 - D		 Deed
(2014012301122001)		 XXXX XXXXXX XXX XXXXXX XXXX
09/18/2013 - R
08/29/2013 - D		 Deed
(2013083000212001)		 XXXXXXXXX XXXXXX XXX XXXXXX XXXXXX XXX
03/05/2019 - R
07/26/2012 - D		 Power of Attorney
(2019030401098001)		 XXXX XX XXXXXXX XXXXX XXXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 487 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
$6,164
Municipal exemptions
Recent tax assessments
Market value
$1,229,000
Assessed value
$73,740

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 $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%
2020/21 $442,000 $26,520 $24,422 21.045% $5,140 $5,140 +5.39%
2019/20 $384,000 $23,040 $23,040 21.167% $4,877 $4,877 -19.05%
2018/19 $480,000 $28,800 $28,800 20.919% $6,025 $6,025 -12.38%
2017/18 $600,000 $36,000 $33,729 20.385% $6,876 $6,876 +8.09%
2016/17 $560,000 $33,600 $31,820 19.991% $6,361 $6,361 +8.37%
Permits

Permit information for 487 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/13/2019 Alteration
04/29/2019 Alteration type 3
11/15/2018 Alteration type 3
11/13/2018 New building
11/12/2018 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Ditmas Ave at SE Corner
Station lines
F
Distance (miles)
0.314
View subway map

Access the detailed traffic volume map for 487 Ocean Parkway, Brooklyn, NY 11218 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
Mavakshai Hashem NR No Private PK-8 475 0.15
Mavakshai Hashem NR No Private PK-8 475 0.15
Mevakshai Hashem NR No Private PK-8 572 0.15
P.S. 134 9 No Public K-5 493 0.31
Brooklyn Dreams Charter School 6 No Charter K-8 616 0.34
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.12
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.12
Mavakshai Hashem NR No Private PK-8 475 0.15
Mevakshai Hashem NR No Private PK-8 572 0.15
Yeshiva Torah Vodaath NR No Private K-8 0 0.17
Bonim Lamokom NR No Private 35 0.18
Brooklyn Dreams Charter School 6 No Charter K-8 616 0.34
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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 © 2026. All rights reserved.

Neighbors for 487 Ocean Parkway, Brooklyn, NY

815 McDonald Ave, Brooklyn 633 Dahill Rd, Brooklyn 1656 42nd St, Brooklyn 369 E 9th St, Brooklyn 813 McDonald Ave, Brooklyn 814 E 3rd St, Brooklyn 1723 43rd St, Brooklyn 406 Ditmas Ave, Brooklyn 629 E 8th St, Brooklyn 502 Cortelyou Rd, Brooklyn 909 Cortelyou Rd, Brooklyn 511 E 5th St, Brooklyn 705 E 2nd St, Brooklyn 4321 17th Ave, Brooklyn 340 E 9th St, Brooklyn 622 Avenue C, Brooklyn 507 E 5th St, Brooklyn 531 E 9th St, Brooklyn 549 E 4th St, Brooklyn

Nearby ZIP codes for 487 Ocean Parkway, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the market value of 487 Ocean Parkway, Brooklyn, NY 11218?

The current market value of 487 Ocean Parkway, Brooklyn, NY 11218 is $1,229,000.

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