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Brooklyn / Kensington / 11218

340 OCEAN PARKWAY

Boro3
Block5374
Lot10
BBL3053740010
Class D4
Residential units
77
Units in total
77
Storeys
6
Year built
1962
Last alteration on file
-
Recorded transfers
82 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.

RecordedConsiderationUnitWhat transferredInstrument
30 Jul 2025$440,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jan 2025$487,0004MSINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Jan 2025$545,0003MSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Nov 2024$740,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Nov 2024$510,0003ASINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Sep 2023$475,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jul 2023$415,000LBSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Sep 2022$557,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jul 2022$625,0001GSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Nov 2021$483,5002MSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Oct 2021$264,0004FSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Apr 2021$352,0002LSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Feb 2021$630,000LCSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Oct 2020$560,0005JSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Oct 2020$615,0005GSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Jul 2020$480,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Dec 2019$517,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Oct 2019$450,0005DSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Oct 2019$300,0001GSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Sep 2019$530,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Jun 2019$674,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
7 May 2019$446,1604CSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Feb 2019$110,0004MSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Feb 2019$780,0005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Oct 2018$470,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Aug 2018$653,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jun 2018$250,0002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 May 2018$472,5005JSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 May 2018$766,0006ASINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Feb 2018$611,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Feb 2018$460,0005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Nov 2017$710,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Oct 2017$525,0005KSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Sep 2017$445,0185GSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Sep 2017$375,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 May 2017$425,0005MSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Mar 2017$440,0001KSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jan 2017$395,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Aug 2016$440,0003MSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jul 2016$290,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
82 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20253$487,000$440,000$545,000
20242$625,000$510,000$740,000
20232$445,000$415,000$475,000
20222$591,000$557,000$625,000
20214$417,750$264,000$630,000
20203$560,000$480,000$615,000
20198$483,500$110,000$780,000
20187$472,500$250,000$766,000
20177$440,000$375,000$710,000
20164$432,500$290,000$480,000
20152$395,000$350,000$440,000
20149$299,000$250,000$415,000
20134$269,750$145,500$405,000
20124$260,000$150,000$315,000
20111$205,000--
20102$267,500$240,000$295,000
20095$239,000$221,000$270,000
20082$164,000$96,000$232,000
20071$310,000--
20061$362,500--
20055$212,000$125,000$286,000
20044$165,000$85,000$175,000
02

The building on the lot

Section through the lot

LOT 20,000 SQ FT6
Drawn from PLUTO: 6 storeys, 73,026 sq ft of building on 20,000 sq ft of lot, an average floor plate covering 61% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. It is a diagram of recorded figures, not a picture of the building.
Lot area
20,000 sq ft
Building area
73,026 sq ft
Residential area
73,026 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
3.65
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$360,000
Assessed total value
$2,646,900
Exempt value
$146,203
Assessed per residential unit
$34,375

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
D4ELEVATOR COOPERATIVE
Neighbourhood
Kensington
ZIP code
11218
Community district
Brooklyn 12
Council district
39
Coordinates
40.640531, -73.974197
05

Other buildings in Kensington

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
135 OCEAN PARKWAYD42861965347$521k
333 MCDONALD AVENUED126819600-
217 EAST 7 STREETD117419510-
303 BEVERLEY ROADD4150195685$520k
455 OCEAN PARKWAYD614719640-
370 OCEAN PARKWAYD41331961118$622k
415 BEVERLEY ROADD4130196378$520k
465 EAST 7 STREETD412519630-
515 EAST 7 STREETD41231961122$465k
70 DAHILL ROADD112219342-
280 OCEAN PARKWAYD4114194186$445k
540 OCEAN PARKWAYD4114196245$385k

Every building on file in Kensington