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

870 OCEAN PARKWAY

Boro3
Block6508
Lot6
BBL3065080006
Class D1
Residential units
183
Units in total
183
Storeys
13
Year built
1975
Last alteration on file
2016
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 31,500 SQ FT13
Drawn from PLUTO: 13 storeys, 127,000 sq ft of building on 31,500 sq ft of lot, an average floor plate covering 31% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
31,500 sq ft
Building area
127,000 sq ft
Residential area
127,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.03
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$652,050
Assessed total value
$5,006,250
Exempt value
$5,006,250
Assessed per residential unit
$27,357

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Flatbush (West)-Ditmas Park-Parkville
ZIP code
11230
Community district
Brooklyn 12
Council district
40
Coordinates
40.627155, -73.971691
05

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

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
570 WESTMINSTER ROADD41851935135$549k
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-
646 ARGYLE ROADD711619281-

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