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NYC Building Records · BBL 3054000001

507 OCEAN PARKWAY

Brooklyn · Block 5400 · Lot 1 · Educational building (Class W2)

507 OCEAN PARKWAY is a Class W2 (educational building) building in Brooklyn (BBL 3054000001) built in 1930, with 39 residential units across 5 floors.

The building is in NYC community district 312, council district 40, zoning district R7A, on a 14,000-square-foot lot with a building footprint of 34,800 square feet.

The current registered owner of record per NYC PLUTO is MOSDOS SATMAR BP, INC..

The most recent ACRIS deed transfer for this BBL was recorded on October 26, 2023 when TALMUDICAL MOSDOS TEMIMA INC. conveyed the property to MOSDOS SATMAR BP, INC. for $20.00M. The transaction was financed with a $11.60M mortgage from Bankunited, N.a..

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

MOSDOS SATMAR BP, INC.

Most recent deed

Last transferred on Oct 26, 2023 for $20.0M to MOSDOS SATMAR BP, INC..
Previous owner: TALMUDICAL MOSDOS TEMIMA INC.
Mortgage: $11.6M recorded Oct 26, 2023 with Bankunited, N.a.. Loan-to-value: 58%.
🔒 See all transfers before the 2023 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Oct 26, 2023DEED$20.0MParties redacted — full names in MetroDeeds Scout+
Oct 26, 2023MTGE$8.0MParties redacted — full names in MetroDeeds Scout+
Oct 26, 2023AGMT$11.6MParties redacted — full names in MetroDeeds Scout+
Apr 29, 2021AGMT$3.8MParties redacted — full names in MetroDeeds Scout+
Apr 29, 2021MTGE$781KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
39
Year built
1930
Class
W2
Borough
Brooklyn
Zoning:
R7A
Lot size:
14,000 sqft
Building area:
34,800 sqft
Floors:
5
Assessed value:
$5.6M
Community district:
312
Council district:
40

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Oct 26, 2023).

Frequently asked questions about 507 OCEAN PARKWAY

Who owns 507 OCEAN PARKWAY?

The current registered owner of record for 507 OCEAN PARKWAY per NYC PLUTO is MOSDOS SATMAR BP, INC.. The most recent ACRIS deed transfer for this BBL was recorded on October 26, 2023 when the property was conveyed to MOSDOS SATMAR BP, INC.. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 507 OCEAN PARKWAY last sold?

The most recent ACRIS deed transfer for 507 OCEAN PARKWAY was recorded on October 26, 2023, when TALMUDICAL MOSDOS TEMIMA INC. conveyed the property to MOSDOS SATMAR BP, INC. for $20.00M. The transaction was financed with a $11.60M mortgage from Bankunited, N.a..

How many HPD violations does 507 OCEAN PARKWAY have?

No open HPD housing-maintenance code violations are on record for 507 OCEAN PARKWAY. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 507 OCEAN PARKWAY?

NYC Department of Finance assesses 507 OCEAN PARKWAY at $5.60M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 507 OCEAN PARKWAY and what does that mean?

507 OCEAN PARKWAY is NYC building class W2 — Educational building. Educational building. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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