Brooklyn / Flatbush (West)-Ditmas Park-Parkville / 11230
1138 OCEAN AVENUE
Recorded on the Digital Tax Map as WATERFALLS ON OCEAN CONDOMINIUM.
Boro3
Block5240
Lot7501
BBL3052407501
Residential units
68
Units in total
119
Storeys
8
Year built
2008
Last alteration on file
2007
Recorded transfers
112 since 2003
01
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 30 Jul 2025 | $840,000 | 4B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 18 Sep 2024 | $885,000 | 6A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 3 Jul 2023 | $895,000 | 5E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 28 Jun 2023 | $850,000 | 8E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 9 Jun 2023 | $825,000 | 2E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 6 Mar 2023 | $835,000 | 5G | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 10 Feb 2023 | $1,080,000 | 6C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 31 Aug 2022 | $828,000 | 8H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 24 Aug 2022 | $910,000 | 7E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 Aug 2022 | $830,000 | 2H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 3 Aug 2022 | $900,000 | 3B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 Mar 2022 | $899,000 | 7D | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 Mar 2021 | $775,000 | 4B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 2 Feb 2021 | $582,500 | C1 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 28 Aug 2020 | $990,000 | 6E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 22 Jun 2020 | $1,040,000 | 5C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 5 Mar 2020 | $816,000 | 2H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 8 Jan 2020 | $500,000 | C2 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Aug 2019 | $990,000 | 8A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 21 May 2019 | $950,000 | 7H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Oct 2018 | $900,000 | 5B | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Aug 2018 | $903,000 | 6A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 14 Aug 2018 | $915,000 | 4A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 5 Jul 2018 | $679,000 | 3I | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 16 Jan 2018 | $923,000 | 4D | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 30 Nov 2017 | $490,000 | 1E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 Aug 2017 | $850,000 | 1A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 2 Aug 2017 | $859,000 | 5E | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 2 May 2017 | $845,500 | 5A | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 Mar 2017 | $929,000 | 5C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 27 Feb 2017 | $840,000 | 7C | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 Feb 2017 | $922,500 | 4F | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 Jan 2017 | $599,000 | 6I | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 30 Nov 2016 | $842,500 | 5G | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Oct 2016 | $825,000 | 5D | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Oct 2016 | $949,000 | 6F | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Oct 2016 | $835,000 | 6H | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 18 Apr 2016 | $683,000 | 8G | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 12 Jun 2015 | $543,180 | 5I | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 6 Mar 2015 | $860,000 | 8F | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 112 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them. | ||||
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2025 | 1 | $840,000 | - | - |
| 2024 | 1 | $885,000 | - | - |
| 2023 | 5 | $850,000 | $825,000 | $1,080,000 |
| 2022 | 5 | $899,000 | $828,000 | $910,000 |
| 2021 | 2 | $678,750 | $582,500 | $775,000 |
| 2020 | 4 | $903,000 | $500,000 | $1,040,000 |
| 2019 | 2 | $970,000 | $950,000 | $990,000 |
| 2018 | 5 | $903,000 | $679,000 | $923,000 |
| 2017 | 8 | $847,750 | $490,000 | $929,000 |
| 2016 | 5 | $835,000 | $683,000 | $949,000 |
| 2015 | 2 | $701,590 | $543,180 | $860,000 |
| 2014 | 5 | $475,000 | $409,000 | $781,500 |
| 2013 | 5 | $470,000 | $335,000 | $504,000 |
| 2012 | 32 | $472,500 | $375,000 | $550,000 |
| 2011 | 30 | $447,500 | $275,000 | $510,000 |
02
The building on the lot
Section through the lot
Lot area
21,562 sq ft
Building area
87,233 sq ft
Residential area
79,430 sq ft
Commercial area
7,803 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.05
Residential FAR permitted
4
Zoning district
R7A
03
Assessment
Assessed land value
$485,090
Assessed total value
$7,249,486
Exempt value
$7,147,552
Assessed per residential unit
$106,610
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
R4CONDO; RESIDENTIAL UNIT IN ELEVATOR BLDG.
Neighbourhood
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11230
Community district
Brooklyn 14
Council district
45
Coordinates
40.634518, -73.95848
05
Other buildings in Flatbush (West)-Ditmas Park-Parkville
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 570 WESTMINSTER ROAD | D4 | 185 | 1935 | 135 | $549k |
| 870 OCEAN PARKWAY | D1 | 183 | 1975 | 0 | - |
| 345 WEBSTER AVENUE | D4 | 145 | 1959 | 79 | $345k |
| 400 ARGYLE ROAD | D1 | 138 | 1959 | 1 | - |
| 405 WESTMINSTER ROAD | D1 | 138 | 1960 | 1 | - |
| 1802 NEWKIRK AVENUE | D4 | 134 | 1958 | 175 | $495k |
| 820 OCEAN PARKWAY | D4 | 132 | 1961 | 113 | $370k |
| 855 EAST 7 STREET | D4 | 131 | 1963 | 121 | $280k |
| 60 TURNER PLACE | D1 | 130 | 1961 | 0 | - |
| 435 CONEY ISLAND AVENUE | D6 | 128 | 2023 | 0 | - |
| 763 OCEAN PARKWAY | D4 | 124 | 1937 | 76 | $333k |
| 1326 OCEAN AVENUE | D3 | 116 | 2017 | 0 | - |
Every building on file in Flatbush (West)-Ditmas Park-Parkville