Exclusive development opportunity awaits on one of the most desirable stretches of Ocean Parkway. Currently, a 2 family, being used as 1 family. Excellent R7A zoning allows for 11,280 buildable Sq. Ft, with 120 feet of frontage on Ocean Parkway and Parkville Ave. Just a few blocks from the F, and Q subway lines, makes the location easily accessible for commuters. Right next to Supermarkets, banks, restaurants, and houses of worship. The area's growing housing demand make this an ideal location for your next development project.
Sold for $1,600,000
$1,600,000
725 Ocean Parkway, Brooklyn, NY 11230
4beds
--sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$1,633,500 Zestimate®
$--/sqft
$3,935 Estimated rent
Home value
$1,633,500
$1.49M - $1.80M
$3,935/mo
Zestimate® history
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$9,674/mo
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Zillow last checked:
Listing updated:
Listed by:
Rene Attias 646-644-5487,
EXP Realty 888-276-0630,
Ernst Achildiyev 646-698-3098,
EXP Realty
Bought with:
Ernst Achildiyev, 10401277829
EXP Realty
Rene Attias, 10301220261
EXP Realty
Source: OneKey® MLS as distributed by MLS GRID,MLS#: L3517894
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Other
- Description: 2 Family property.
Heating
- Steam
Features
- Basement: Full
- Attic: None
- Common walls with other units/homes: 1 Common Wall
Property
Parking
- Parking features: Detached, Garage, Private
- Has garage: Yes
Features
- Levels: Two
Lot
- Size: 2,733 Square Feet
- Dimensions: 31 x 88.17
- Features: Corner Lot
Details
- Parcel number: 054280010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1925
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $943,000
- Annual tax amount: $7,928
- Date on market: 11/20/2024
- Cumulative days on market: 457 days
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $1,600,000-27.3% |
Source:  OneKey® MLS as distributed by MLS GRID #L3517894 Report a problem | ||
| 11/20/2024 | Pending sale | $2,200,000 |
Source: OneKey® MLS as distributed by MLS GRID #3517894 Report a problem | ||
| 8/23/2024 | Price change | $2,200,000-26.7% |
Source: OneKey® MLS as distributed by MLS GRID #3517894 Report a problem | ||
| 11/22/2023 | Listed for sale | $3,000,000 |
Source: OneKey® MLS as distributed by MLS GRID #3517894 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,702 +4.7% | $56,580 -15% |
| 2024 | $8,310 | $66,540 +13.6% |
| 2023 | -- | $58,560 +4.4% |
| 2022 | -- | $56,100 -7.9% |
| 2021 | -- | $60,900 -3.4% |
| 2020 | $7,736 +6% | $63,060 |
| 2019 | $7,298 +7.2% | $63,060 +93.9% |
| 2018 | $6,805 +8.8% | $32,529 +6% |
| 2017 | $6,256 +4.2% | $30,688 |
| 2016 | $6,001 | $30,688 +0.8% |
| 2015 | $6,001 +71.9% | $30,455 +6% |
| 2014 | $3,492 | $28,732 +6% |
| 2013 | -- | $27,108 +6% |
| 2012 | -- | $25,574 |
| 2011 | -- | $25,574 +0.8% |
| 2010 | -- | $25,380 +6% |
| 2009 | -- | $23,944 +6% |
| 2008 | -- | $22,590 +6% |
| 2007 | -- | $21,312 |
| 2006 | -- | $21,312 +0.8% |
| 2005 | -- | $21,151 +6% |
| 2004 | -- | $19,954 +6% |
| 2003 | -- | $18,825 +6% |
| 2002 | -- | $17,760 |
| 2001 | -- | $17,760 +0.8% |
| 2000 | -- | $17,626 |
Find assessor info on the county website
Neighborhood: Kensington
Nearby homes
- $--2 bd1 ba-- sqft725 Ocean Pkwy #1, Brooklyn, NY 11230Off Market
- $--2 bd1 ba-- sqft725 Ocean Pkwy FLOOR 2, Brooklyn, NY 11230Off Market
- $1,500,0005 bd3 ba-- sqft729 Ocean Pkwy, Brooklyn, NY 11230Sold
- $904,000-- bd-- ba1.6k sqft200 Parkville Ave, Brooklyn, NY 11230Off Market
- $2,259,1004 bd3 ba3k sqft212 Parkville Avenue, Brooklyn, NY 11230Off Market
- $238,000-- bd-- ba1.3k sqft206 Parkville Ave, Brooklyn, NY 11230Off Market
- $1,452,700-- bd-- ba1.8k sqft739 Ocean Pkwy, Brooklyn, NY 11230Off Market
- $687,2002 bd2 ba846 sqft215 Parkville Ave APT 4A, Brooklyn, NY 11230Off Market
Nearby schools
GreatSchools rating
- 8/10Ps 134Grades: K-5Distance: 0.1 mi
- 9/10Middle 890Grades: 6-8Distance: 1 mi
- 6/10Midwood High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Middle: Jhs 62 Ditmas
- High: Brooklyn High School Of The Arts
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Kings County
- New York
- 11230
- Brooklyn
- Kensington
- 725 Ocean Parkway
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