# 505 Ocean Avenue, Brooklyn

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

On Umarelli: https://umarelli.org/nyc/3050810048/505-ocean-avenue

More construction in Flatbush: https://umarelli.org/nyc/brooklyn/flatbush.md

Every lot on block 5081: https://umarelli.org/nyc/brooklyn/5081.md

## Building permits

- Alteration, filed Nov 4, 2021, estimated cost $22K, described as “Carrier: Dish Wireless. New Antenna Installation. Install (2) exterior cabinets on a new platform on the building wall. Install (3) new antennas, (3) new OVP devices, and (6) new RRH units on a new antenna frame. In conformance w/ TPPN…”

## 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.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology