505 Ocean Avenue, Brooklyn

Apartment building · 52 units · built c. 1931 · Block 5081, Lot 48.

Building permits

Property taxes

Assessment
$1,702,350
2026–27 tax
$182,883
Market value (city estimate)
$3,783,000
Taxable value
$1,470,240
Assessed land
$386,550
Assessed improvements
$1,315,800

Zoning

R7A: floor area ratio 3.99 built, 4.00 allowed by base zoning.

Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

More construction in Flatbush

Every lot on block 5081

Umarelli: construction in New York City and Jersey City