# 11 Ocean Parkway, Brooklyn

Apartment building · 375 units · built 2022 · Block 5322, Lot 10.

On Umarelli: https://umarelli.org/nyc/3053220010/11-ocean-parkway

More construction in Kensington: https://umarelli.org/nyc/brooklyn/kensington.md

## Building permits

- New Building — Mid-Rise, filed Sep 16, 2021, estimated cost $20.0M, 375 units, 13 stories, described as “Development hub project - consultation accepted on 6/3/2021 - new building residential mixed-use 13 story building.”
- Alteration, filed Jun 11, 2026, estimated cost $58K, described as “The scope of work consists of interior remodeling, including new finishes, new plumbing fixtures, and minor modification to the sprinkler system. Also installing new ductwork to connect to the existing air handling unit.”
- No Work, filed Feb 20, 2025
- Alteration, filed Jun 20, 2024, estimated cost $150, described as “Illuminated non-advertising accessory sign on existing sun control device - 1 park point. No change of use, egress or occupancy.”
- Alteration, filed Jun 20, 2024, estimated cost $150, described as “Illuminated non-advertising accessory sign on existing sun control device - 1 park point. No change of use, egress or occupancy.”
- Alteration, filed Apr 11, 2024, estimated cost $1K, described as “This application is filed for a temporary use permit for a sales office including model apartments pursuant to section ac-28-111 and building bulletin 2010-002”
- Alteration, filed Dec 28, 2023, described as “Facade Restoration | New Drops Added | New Configurations Added”
- Alteration, filed Jan 4, 2023, estimated cost $20K, described as “Installation of 6,924 lb dual personnel/material hoist @ north side as per plans during construction. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 4, 2023, estimated cost $20K, described as “Installation of 7,000 lb dual personnel/material hoist @ south side as per plans during construction. No change in use, egress or occupancy under this application.”
- Alteration, filed Dec 7, 2022, estimated cost $12K, described as “Installation of concrete pump in conjunction with NB B00520132. This application involves no change in use, occupancy or egress.”
- Alteration, filed Oct 18, 2022, estimated cost $5K, described as “Installation of 300PSF sidewalk shed, roof protection and construction fence as per plans. All equipment shall comply with the chapter # 33 of the code, no changes in use in egress or occupancy under this application.”
- Alteration, filed Jul 22, 2022, estimated cost $6K, described as “Installation of temporary easy scale suspended scaffolding as per drawings during NB const (B00520132) filed, sep. Suspended scaffold shall comply with ch 33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Jun 6, 2022, estimated cost $1K, described as “Construction fence filed as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed May 24, 2022, estimated cost $1K, described as “Filing for temporary standpipe in conjunction with new building.”
- Alteration, filed May 4, 2022, estimated cost $1K, described as “Filing for underground plumbing below grade in conjunction with mixed use 11 story new building #B00520132-I1”
- Alteration, filed Apr 8, 2022, estimated cost $2K, described as “Sprinklers/standpipe application in conjunction with new building# B00520132”
- Alteration, filed Feb 18, 2022, estimated cost $1K, described as “Construction fence filed as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 14, 2022, estimated cost $5K, described as “Installation of temporary construction plywood fence as per plans during construction. No change in use, egress or occupancy. Fence shall comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Oct 22, 2021, estimated cost $1K, described as “Filing for curb cut application in conjuction with new building# B00520132”
- Alteration, filed Oct 20, 2021, estimated cost $3K, described as “Installation of a temporarily supported scaffold per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 18, 2021, estimated cost $3K, described as “Installation of a temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”

## Property taxes

- Assessment: $52,401,150
- 2026–27 tax: $296,390
- Market value (city estimate): $116,447,000
- Taxable value: $2,382,750
- Assessed land: $965,250
- Assessed improvements: $51,435,900

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $6,221,789 a year below the full tax.

## Zoning

R8A: floor area ratio 8.45 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## Board and land use applications

- 312 Coney Island Ave-Caton Place (City Planning P2018K0303): Zoning map change, Zoning text change, Special permit, Completed, decided Feb 18, 2021. A zoning map amendment, zoning text amendment, and special permit to facilitate a new, 13 story, 312,754 square foot mixed-use development, including 277,848 square feet of residential use, 5,000 square feet of commercial use, and 29,906…

## In the news

[Housing Lottery Launches for 1 Park Point at 11 Ocean Parkway in Windsor Terrace, Brooklyn](https://newyorkyimby.com/2024/04/housing-lottery-launches-for-1-park-point-at-11-ocean-parkway-in-windsor-terrace-brooklyn.html), New York YIMBY, Apr 13, 2024.

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
