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Brooklyn / Kensington / 11218

581 OCEAN PARKWAY

Boro3
Block5400
Lot68
BBL3054000068
Class D3
Residential units
60
Units in total
60
Storeys
8
Year built
2016
Last alteration on file
-
Recorded transfers
None
01

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.

02

The building on the lot

Section through the lot

LOT 11,200 SQ FT8
Drawn from PLUTO: 8 storeys, 41,445 sq ft of building on 11,200 sq ft of lot, an average floor plate covering 46% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
11,200 sq ft
Building area
41,445 sq ft
Residential area
41,445 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.7
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$252,000
Assessed total value
$3,854,700
Exempt value
$3,617,848
Assessed per residential unit
$64,245

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Kensington
ZIP code
11218
Community district
Brooklyn 12
Council district
40
Coordinates
40.634297, -73.97175
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