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Brooklyn / Flatbush (West)-Ditmas Park-Parkville / 11226

1038 OCEAN AVENUE

Boro3
Block5219
Lot22
BBL3052190022
Class D7
Residential units
57
Units in total
58
Storeys
6
Year built
1931
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 21,000 SQ FT6
Drawn from PLUTO: 6 storeys, 96,300 sq ft of building on 21,000 sq ft of lot, an average floor plate covering 76% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
21,000 sq ft
Building area
96,300 sq ft
Residential area
94,050 sq ft
Commercial area
2,250 sq ft
Office area
2,250 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.59
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$258,300
Assessed total value
$1,883,250
Exempt value
$0
Assessed per residential unit
$33,039

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11226
Community district
Brooklyn 14
Council district
45
Coordinates
40.636749, -73.958929
05

Other buildings in Flatbush (West)-Ditmas Park-Parkville

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
570 WESTMINSTER ROADD41851935135$549k
870 OCEAN PARKWAYD118319750-
345 WEBSTER AVENUED4145195979$345k
400 ARGYLE ROADD113819591-
405 WESTMINSTER ROADD113819601-
1802 NEWKIRK AVENUED41341958175$495k
820 OCEAN PARKWAYD41321961113$370k
855 EAST 7 STREETD41311963121$280k
60 TURNER PLACED113019610-
435 CONEY ISLAND AVENUED612820230-
763 OCEAN PARKWAYD4124193776$333k
1326 OCEAN AVENUED311620170-

Every building on file in Flatbush (West)-Ditmas Park-Parkville