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Brooklyn / Kensington / 11218

525 OCEAN PARKWAY

Boro3
Block5400
Lot91
BBL3054000091
Class D4
Residential units
62
Units in total
62
Storeys
6
Year built
1963
Last alteration on file
2019
Recorded transfers
56 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
16 Jun 2026$680,0005KSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jul 2025$325,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Jul 2025$895,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Aug 2024$830,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jul 2024$265,0002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jan 2024$280,0001DSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jan 2024$770,0002JSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Jul 2023$572,5005ASINGLE RESIDENTIAL COOP UNITRPTT&RET
17 May 2022$685,0005JSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Mar 2022$775,0006JSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Oct 2021$865,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Aug 2021$650,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Aug 2021$325,0003FSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Apr 2021$700,0006KSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Feb 2021$240,0004HSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Aug 2018$725,0002JSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Aug 2018$800,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jun 2018$760,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Jun 2018$200,0006HSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Apr 2018$650,0006KSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2017$699,5001JSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Apr 2017$329,0005GSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Sep 2016$450,0001JSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jun 2016$310,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Mar 2016$575,0006JSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Dec 2015$225,0004GSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Oct 2014$500,0002JSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Oct 2014$495,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Mar 2014$182,5005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Feb 2014$395,0001KSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Feb 2014$395,0001KSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Nov 2013$490,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Sep 2013$137,5005HSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Mar 2013$179,0006GSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Sep 2012$173,0006FSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Aug 2012$14BSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Aug 2011$200,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Apr 2011$275,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Jun 2010$180,0002GSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Apr 2010$128,0006HSINGLE RESIDENTIAL COOP UNITRPTT&RET
56 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$680,000--
20252$610,000$325,000$895,000
20244$525,000$265,000$830,000
20231$572,500--
20222$730,000$685,000$775,000
20215$650,000$240,000$865,000
20185$725,000$200,000$800,000
20172$514,250$329,000$699,500
20163$450,000$310,000$575,000
20151$225,000--
20145$395,000$182,500$500,000
20133$179,000$137,500$490,000
20122$86,501$1$173,000
20112$237,500$200,000$275,000
20102$154,000$128,000$180,000
20092$220,000$150,000$290,000
20081$324,000--
20074$205,000$90,000$310,000
20063$200,000$170,000$270,000
20055$246,500$170,000$269,000
20041$165,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 17,920 SQ FT6
Drawn from PLUTO: 6 storeys, 62,226 sq ft of building on 17,920 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
17,920 sq ft
Building area
62,226 sq ft
Residential area
62,226 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.47
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$236,700
Assessed total value
$2,223,000
Exempt value
$62,736
Assessed per residential unit
$35,855

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
40
Coordinates
40.635647, -73.972005
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