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Brooklyn / Flatbush (West)-Ditmas Park-Parkville / 11230

706 OCEAN PARKWAY

Boro3
Block5423
Lot47
BBL3054230047
Class D3
Residential units
24
Units in total
24
Storeys
8
Year built
2016
Last alteration on file
2004
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 4,059 SQ FT8
Drawn from PLUTO: 8 storeys, 22,640 sq ft of building on 4,059 sq ft of lot, an average floor plate covering 70% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
4,059 sq ft
Building area
22,640 sq ft
Residential area
22,640 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
5.58
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$173,700
Assessed total value
$2,011,050
Exempt value
$2,003,269
Assessed per residential unit
$83,794

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
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11230
Community district
Brooklyn 14
Council district
40
Coordinates
40.630945, -73.972291
05

Other buildings in Flatbush (West)-Ditmas Park-Parkville

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
570 WESTMINSTER ROADD41851935135$549k
870 OCEAN PARKWAYD118319750-
345 WEBSTER AVENUED4145195979$345k
400 ARGYLE ROADD113819591-
405 WESTMINSTER ROADD113819601-
1802 NEWKIRK AVENUED41341958175$495k
820 OCEAN PARKWAYD41321961113$370k
855 EAST 7 STREETD41311963121$280k
60 TURNER PLACED113019610-
435 CONEY ISLAND AVENUED612820230-
763 OCEAN PARKWAYD4124193776$333k
1326 OCEAN AVENUED311620170-

Every building on file in Flatbush (West)-Ditmas Park-Parkville