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609 Ocean Pkwy, Brooklyn, NY, 11218

$5,000,000

$1,286/SqFt
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
Year Built1925
MLS #480168
StatusActive

About 609 Ocean Pkwy

This exceptional development lot, strategically positioned in the heart of Kensington along Ocean Parkway and 18th Avenue offers a prime opportunity for prospective builders and investors. Boasting R7A zoning ON 7100 Sq Ft corner lot, this property allows for the construction of over 28,000 square feet. With its strategic location and versatile zoning, this property is a compelling prospect for those seeking to embark on a development venture in a coveted Brooklyn neighborhood. Currently gracing the premises is a large two-family house boasting almost 4000 Sq Ft.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,888 SqFt

Listing Office:

  • Office Name: RE/MAX Edge

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
  • Price Per SqFt: $1,286/SqFt

Tax Information:

  • Annual Amount: $13,783
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

609 Ocean Pkwy vs Brooklyn

58 DAYS ON ROCKET

-39 Days

$5,000,000

+$4.0M More

$1,286/SqFt

+$602 More

KEY TAKEAWAY

This property is $4.0M more than the Median Sold Price and $602/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480168

Listing Office:

  • Office Name: RE/MAX Edge

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 2:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 30, 2005Home Sold
$1,900,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,783$124,020
2019$13,783$124,020
2018$12,312$63,368
2017$11,400$63,368

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2324048
10
/10
  • PS 134

  • 4001 18th Ave

  • 0.12 miles

  • Public District Grades PK-5

school-card-donut-2324049
5
/10
  • Brooklyn Dreams Charter School

  • 259 Parkville Ave

  • 0.13 miles

  • Public Charter Grades KG-6

school-card-donut-2324050
6
/10
  • PS 217 Colonel David Marcus School

  • 1100 Newkirk Ave

  • 0.28 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,888. The majority of Brooklyn, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 609 Ocean Pkwy

What is the listing price of this property?

The listing price of 609 Ocean Pkwy property is $5,000,000.

What type of property is this?

The property 609 Ocean Pkwy is land located in Brooklyn, New York, 11218.

Is this property for sale now?

Active Listing: 609 Ocean Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,783 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 30, 2005 for $1,900,000. (source: MLS/tax record).
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Rocket HomesNew YorkKings CountyBrooklyn11218609 Ocean Pkwy

This home is located at 609 Ocean Pkwy in Brooklyn, NY and zip code 11218 in the Kensington neighborhood. This 3,888 square foot home was built in 1925. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $5,000,000.

While more than 39 listings in Brooklyn, NY in March 2024 were sold above asking price, there were more than 179 listings sold at asking price, and more than 151 were sold below. The number of homes for sale in Brooklyn, NY increased by 0.8% between February 2024 and March 2024. In March 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $957,365.

From Rocket Homes Real Estate and based on county public records data.

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