2068 Ocean Avenue, Brooklyn, NY 11230

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Building

Building size23,769 sq ft
Building dimensions40 × 80 ft
Stories8
Sq ft per floor2,971 sq ft
Year built2015

Lot

Lot dimensions40 × 125 ft
Lot area5,000 sq ft
FEMA flood zoneX — minimal risk

Details

Units28
ZoningR7A
Building classR0
OwnershipCondominium
Block / lotBlock 6766 / Lot 7503

Floor Area Ratio (FAR)

Built FAR3.78
Max residential FAR4.00
Max facility FAR4.00

Taxes

Tax class2
Rent regulatedUnknown

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About this property

2068 Ocean Avenue was built in 2015 — roughly 11 years old. This is a condominium of 28 units — each unit is its own tax lot with its own bill. Search with a unit number for unit-level figures. For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value.

The building is built out to essentially the full residential density its zoning allows (3.78 of 4.00 FAR), so there is little room to expand under current rules.

Recent sales in Brooklyn

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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.