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Brooklyn / Flatbush / 11226

416 OCEAN AVENUE

Boro3
Block5061
Lot40
BBL3050610040
Class D4
Residential units
90
Units in total
90
Storeys
10
Year built
1924
Last alteration on file
2019
Recorded transfers
76 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
20 Jan 2026$675,00015SINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Oct 2025$600,00087SINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Sep 2025$800,00063SINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Sep 2025$925,00095SINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Aug 2025$750,00058SINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jul 2025$635,00048SINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jun 2025$1,160,00074SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 May 2025$699,50059SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Apr 2025$109,67929SINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Oct 2024$805,00039SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Sep 2024$860,00076SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Aug 2024$705,00041SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Mar 2024$970,00011226SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Nov 2023$555,00018SINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Oct 2023$835,00042SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Aug 2023$800,00079SINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jun 2023$1,100,00074SINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Mar 2023$449,00040SINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Feb 2023$625,00031SINGLE RESIDENTIAL COOP UNITRPTT&RET
9 May 2022$1,225,00012SINGLE RESIDENTIAL COOP UNITRPTT&RET
5 May 2022$1,150,00044SINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jan 2022$770,00038SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Sep 2021$675,00011SINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Aug 2021$959,50066SINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Jul 2021$545,00030SINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jul 2021$1,320,00014SINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Jun 2021$725,00037SINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Mar 2021$950,00075SINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Mar 2020$450,00050SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Feb 2020$650,00041SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Dec 2019$620,00029SINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Aug 2019$1,100,00034SINGLE RESIDENTIAL COOP UNITRPTT&RET
21 May 2019$1,230,00043SINGLE RESIDENTIAL COOP UNITRPTT&RET
3 May 2019$1,075,00017SINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Oct 2018$715,00038SINGLE RESIDENTIAL COOP UNITRPTT&RET
22 May 2018$1,155,00054SINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Apr 2018$450,00010SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Dec 2017$555,00051SINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Dec 2017$550,00011SINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jun 2017$725,00039SINGLE RESIDENTIAL COOP UNITRPTT&RET
76 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
20261$675,000--
20258$724,750$109,679$1,160,000
20244$832,500$705,000$970,000
20236$712,500$449,000$1,100,000
20223$1,150,000$770,000$1,225,000
20216$837,500$545,000$1,320,000
20202$550,000$450,000$650,000
20194$1,087,500$620,000$1,230,000
20183$715,000$450,000$1,155,000
20173$555,000$550,000$725,000
20163$692,500$445,000$815,000
20152$587,000$374,000$800,000
20142$362,500$175,000$550,000
20133$392,000$362,500$572,500
20123$610,000$420,000$650,000
20113$235,000$225,000$315,000
20094$382,500$300,000$428,000
20082$565,000$555,000$575,000
20072$334,500$294,000$375,000
20066$325,000$250,000$395,000
20055$190,500$20,603$345,000
20041$110,000--
02

The building on the lot

Section through the lot

LOT 17,700 SQ FT10
Drawn from PLUTO: 10 storeys, 131,355 sq ft of building on 17,700 sq ft of lot, an average floor plate covering 74% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
17,700 sq ft
Building area
131,355 sq ft
Residential area
131,355 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
7.42
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$358,650
Assessed total value
$4,643,100
Exempt value
$178,199
Assessed per residential unit
$51,590

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
Flatbush
ZIP code
11226
Community district
Brooklyn 14
Council district
40
Coordinates
40.652371, -73.96181
05

Other buildings in Flatbush

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
BEDFORD AVENUED635420240-
BEVERLY ROADD629620240-
800 FLATBUSH AVENUERM25520190-
1640 FLATBUSH AVENUED717120230-
2255 NOSTRAND AVENUED616320240-
18 WOODRUFF AVENUED116119550-
160 PARKSIDE AVENUED315819641-
21 LENOX ROADD615020250-
765 FLATBUSH AVENUED615020250-
1710 CORTELYOU ROADD713119601-
45 WOODRUFF AVENUED313120150-
777 EAST 31 STREETD112519610-

Every building on file in Flatbush