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535 Ocean Parkway, Brooklyn, NY 11218 - Property report

Also known as: 535 Ocean Pkwy

Property image for 535 Ocean Parkway, Brooklyn, NY 11218
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1963

Lot sq. ft.

24,780

General information

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Address
Primary address
535 Ocean Parkway
Alternate address(es)
545 Ocean Pkwy
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05400-0083

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
93,142
Building dimensions
177 ft x 89.33 ft
Buildings on lot
1
Stories
6
Year built
1963
Building material
Tax
Tax year
2026-2027
Property tax
$331,890
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
89
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
177 ft x 140 ft
Lot sq. ft.
24,780

Area overview

Walk score
86 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
22
Community district
12
Closest police station
0.32 Miles
Closest fire station
0.40 Miles

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

Ownership information for 535 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 535 Ocean Parkway, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/28/2017 - R Initial UCC1
(2017072700703002)
XXXXXXXXX XXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/28/2017 - R UCC3 Termination
(2017072700703001)
XXXXXXXXX XXXXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
07/31/2017 - R
07/20/2017 - D
Assignment of Leases and Rents
(2017072900028005)
XXXXXXXXX XXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/31/2017 - R
07/20/2017 - D
Agreement
(2017072900028004)
XXXXXXXXX XXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/31/2017 - R
07/20/2017 - D
Mortgage
(2017072900028003)
XXXXXXXXX XXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/31/2017 - R
07/20/2017 - D
Assignment, Mortgage
(2017072900028002)
XXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
07/31/2017 - R
07/20/2017 - D
Termination of Assign of L&R
(2017072900028001)
XXXXXXXXX XXXXX XXXXXX XXX XXXX XXXXXXXXX XXXX
09/21/2007 - R
09/14/2007 - D
Termination of Assign of L&R
(2007091900634005)
XXXXXXXXXXXX XXXXXXXXX XXXX XXXXXXXXX XXXXX XXXXXX XXX
09/21/2007 - R
09/14/2007 - D
Assignment of Leases and Rents
(2007091900634004)
XXXXXXXXX XXXXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
09/21/2007 - R
09/14/2007 - D
Agreement
(2007091900634003)
XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX XXXXXXXXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 535 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
$331,890
Municipal exemptions
Recent tax assessments
Market value
$6,539,000
Assessed value
$2,942,550

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 $6,480,000 $2,916,000 $2,556,180 12.439% $317,963 $317,963 +1.51%
2024/25 $5,719,000 $2,573,550 $2,505,780 12.5% $313,223 $313,223 -0.03%
2023/24 $5,569,000 $2,506,050 $2,506,050 12.502% $313,306 $313,306 +6.31%
2022/23 $5,339,000 $2,402,550 $2,402,550 12.267% $294,721 $294,721 +1.09%
2021/22 $5,295,000 $2,382,750 $2,382,750 12.235% $291,529 $291,529 +1.93%
2020/21 $5,920,000 $2,664,000 $2,331,630 12.267% $286,021 $286,021 +5.72%
2019/20 $5,803,000 $2,611,350 $2,169,000 12.473% $270,539 $270,539 +8.06%
2018/19 $5,373,000 $2,417,850 $1,985,130 12.612% $250,365 $250,365 +8.80%
2017/18 $4,691,000 $2,110,950 $1,809,270 12.719% $230,121 $230,121 +7.58%
2016/17 $4,120,000 $1,854,000 $1,659,240 12.892% $213,909 $213,909 +6.59%

Permit information for 535 Ocean Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/04/2025 Alteration
11/08/2022 Alteration
09/13/2022 Alteration
09/12/2022 Alteration
06/13/2018 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/05/2025 Aeuhaz1-fail to certify class 1 none
05/27/2021 E-elevator elevatorrequired
05/27/2021 E-elevator elevatorrequired

*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

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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)
0.315

Access the detailed traffic volume map for 535 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

Frequently asked questions

What is the year built for 535 Ocean Parkway, Brooklyn, NY 11218?

The development at 535 Ocean Parkway, Brooklyn, NY 11218 was built in 1963.

What is the market value of 535 Ocean Parkway, Brooklyn, NY 11218?

The current market value of 535 Ocean Parkway, Brooklyn, NY 11218 is $6,539,000.

What is the total square footage of 535 Ocean Parkway, Brooklyn, NY 11218?

535 Ocean Parkway, Brooklyn, NY 11218 has a total of 93,142 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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