Brooklyn / Kensington / 11218

305 OCEAN PARKWAY

Boro3

Block5358

Lot71

BBL3053580071

Class D1

Residential units

Units in total

Storeys

Year built

1941

Last alteration on file

Recorded transfers

None

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.

The building on the lot

Section through the lot

Drawn from PLUTO: 6 storeys, 62,400 sq ft of building on 18,000 sq ft of lot, an average floor plate covering 58% of it. The dashed outline is the difference between the floor area ratio already built (3.47) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.

Lot area

18,000 sq ft

Building area

62,400 sq ft

Residential area

62,400 sq ft

Commercial area

Office area

Retail area

Buildings on the lot

Built floor area ratio

3.47

Residential FAR permitted

Zoning district

R7A

Assessment

Assessed land value

$237,600

Assessed total value

$1,133,550

Exempt value

Assessed per residential unit

$18,893

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.

Classification and location

Building class

D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES

Neighbourhood

Kensington

ZIP code

11218

Community district

Brooklyn 12

Council district

Coordinates

40.64207, -73.973213

Other buildings in Kensington

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
135 OCEAN PARKWAY	D4	286	1965	347	$521k
333 MCDONALD AVENUE	D1	268	1960	0	-
217 EAST 7 STREET	D1	174	1951	0	-
303 BEVERLEY ROAD	D4	150	1956	85	$520k
455 OCEAN PARKWAY	D6	147	1964	0	-
370 OCEAN PARKWAY	D4	133	1961	118	$622k
415 BEVERLEY ROAD	D4	130	1963	78	$520k
465 EAST 7 STREET	D4	125	1963	0	-
515 EAST 7 STREET	D4	123	1961	122	$465k
70 DAHILL ROAD	D1	122	1934	2	-
280 OCEAN PARKWAY	D4	114	1941	86	$445k
540 OCEAN PARKWAY	D4	114	1962	45	$385k

Every building on file in Kensington