1187 Ocean Avenue, Brooklyn
Single family · built c. 1910 · Block 5241, Lot 15.
Building permits
- New Building — Multi-Family, filed Dec 31, 2025, 26 units, 7 stories, described as “Proposed new 7 story building with 26 residential units. (please assign to devhub)”
- Demolition, filed Jan 22, 2026, estimated cost $10K, described as “Full Demolition of existing Building.”
- Demolition, filed Jan 22, 2026, estimated cost $15K, described as “Full Demolition of the existing Building”
- Alteration, filed Jan 21, 2026, estimated cost $3K, described as “Installtion of 8 ft construction fence.”
Property taxes
- Assessment
- $99,600
- 2026–27 tax
- $9,385
- Market value (city estimate)
- $1,660,000
- Taxable value
- $47,296
- Assessed land
- $40,980
- Assessed improvements
- $58,620
Zoning
R7A: floor area ratio 0.56 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 30, 2026: $2,850,000, 2,606 sq ft ($1,094 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
New Permits Filed for 1187 Ocean Avenue in Midwood, Brooklyn, New York YIMBY, Jan 3, 2026.