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700 Ocean Avenue

3,104Records
20City systems
12Open violations
33.5Penalty rate
Brooklyn · ZIP 11226 · Neighborhood: Flatbush
Open in the map

3,104 recorded events, 1900–2026, from 20 city data systems. The city's paper trail here is mostly 977 HPD housing violations, 966 HPD complaints, 789 311 service requests.

BoroughBrooklyn 11226
Built1924
Floors6
Res. units66
ClassD4
Owner (PLUTO)700 BKLYN REALTY LLC
BBL3051230025
BIN3117613

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. More recorded distress than 56% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 33.5. In ZIP 11226, 60% of residential buildings hold an A and 10% grade D or F. How grades work

this building
A
B
C

Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations12 total — 11 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2019-12-11.
Pending HPD litigation1 case(s) pending in housing court

status snapshot refreshed weekly from HPD records

Patterns

22 heat or hot-water complaints in the last three years (winter 2023–24: 2 · winter 2024–25: 4 · winter 2025–26: 16). Repeated winter clusters suggest a chronic heating problem.

2
’23–24
4
’24–25
16
’25–26

1 bedbug-infested unit(s) reported in filings over the last three years.

What 311 hears from this address

45 service requests in the last three years. Most common: Noise (25) · HEAT/HOT WATER (11) · UNSANITARY CONDITION (5) · Illegal Parking (1) · PAINT/PLASTER (1) · Rodent (1).

Filed construction activity

$628,798 in permitted construction work filed since 2016 (9 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1924)
YesSix or more residential units (66)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)700 BKLYN REALTY LLC
Head officerKRISTEN RAY
Managing agentBrooklyn Equities 11 LLC
Last registered2026-06-25

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$4,018,000 $1,808,100
2026$4,172,000 $1,877,400
2027$4,374,000 $1,968,300

The city's market estimate has risen 9% between tax years 2025 and 2027.

For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2021 estimate: gross income $1,101,778 a year ($13.55 per sq ft), operating expenses $558,613 ($6.87 per sq ft), net operating income $543,164. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)B — ENERGY STAR score 71/100 (2022 disclosure cycle)
Heating fuelNATURALGAS

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Not in a hurricane evacuation zone.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

1 street-flooding or sewer-backup complaints at this address since 2016 (0 in the last three years).

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayBeverley Rd — Q · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
Church Av — B Q · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: full
BusNearest boarding stop: Flatbush Av / Beverly Rd — B41 · 850 ft
Citi BikeE 19 St & Beverley Rd · 400 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 245
Middle: M.S. 246 Walt Whitman. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

700 Ocean Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

45 311 service requests from this address in the last three years — 11 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by BROOKLYN EQUITIES 11 LLC — 6 buildings, 516 units. Grades across the portfolio: A3 · B1 · C2. See the whole portfolio

BuildingBoroughUnitsGrade
486 Brooklyn Avenue BK107 C
901 Washington Avenue BK102 C
699 Ocean Avenue BK95 A
348-376 Sterling Street BK90 A
700 Ocean Avenue BK66 A
645 Ocean Avenue BK56 B

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,873,518 on 2012-09-28 (lender: Capital One, National Association). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2021-04-16Agreement $10,165,179 — from NEW YORK COMMUNITY BANK to 780 BKLYN REALTY LLC; 700 BKLYN 12 REALTY LLC; MINNETONKA BKLYN REALTY LLC; OCEANWALK COND $10,165,179
2021-04-16AL&R $10,165,179 — from MINNETONKA V BKLYN REALTY LLC; MINNETONKA III BKLYN REALTY LLC; OCEANWALK CONDO BKLYN REAL to NEW YORK COMMUNITY BANK $10,165,179
2019-03-07Agreement $867,034 — from 780 BKLYN REALTY LLC; 700 BKLYN REALTY LLC; OCEANWALK BEACH BKLYN REALTY LLC; MINNETONKA I to NEW YORK COMMUNITY BANK $867,034
2019-03-07Agreement $9,898,145 — from 700 BKLYN REALTY LLC; OCEANWALK BEACH BKLYN REALTY LLC; OCEANWALK CONDO BKLYN REALTY LLC; to NEW YORK COMMUNITY BANK $9,898,145
2015-05-26AL&R $10,035,000 — from MINNETONKA V BKLYN REALTY LLC; 780 BKLYN REALTY LLC; OCEANWALK CONDO BKLYN REALTY LLC; OCE to NEW YORK COMMUNITY BANK $10,035,000
2015-05-26Mortgage $4,296,709 — from MINNETONKA III BKLYN REALTY LLC; OCEANWALK BEACH BKLYN REALTY LLC; OCEANWALK CONDO BKLYN R to NEW YORK COMMUNITY BANK $4,296,709
2015-05-26Agreement $10,035,000 — from NEW YORK COMMUNITY BANK to MINNETONKA V BKLYN REALTY LLC; OCEANWALK BEACH BKLYN REALTY LLC; MINNETONKA III BKLYN REAL $10,035,000
2015-05-26Mortgage $925,000 — from OCEANWALK BEACH BKLYN REALTY LLC; MINNETONKA III BKLYN REALTY LLC; 700 BKLYN 12 REALTY LLC to NEW YORK COMMUNITY BANK $925,000
2015-03-17Deed $18,000,000 — from 700 OCEAN, LLC to MINNETONKA V BKLYN REALTY LLC; OCEANWALK CONDO BKLYN REALTY LLC; OCEANWALK BEACH BKLYN REA $18,000,000
2012-09-28AL&R $5,900,000 — from 700 OCEAN, LLC to CAPITAL ONE, NATIONAL ASSOCIATION $5,900,000
2012-09-28Mortgage $1,873,519 — from 700 OCEAN, LLC to CAPITAL ONE, NATIONAL ASSOCIATION $1,873,519
2012-09-28Deed $9,075,000 — from OMEGA GINOBLI PARTNERS, LLC to 700 OCEAN, LLC $9,075,000
2012-09-28Agreement $5,900,000 — from 700 OCEAN, LLC to CAPITAL ONE, NATIONAL ASSOCIATION $5,900,000
2011-07-07Agreement $41,000,000 — from OMEGA GINOBLI PARTNERS, LLC to CAPITAL ONE, NATIONAL ASSOCIATION $41,000,000
2011-07-07Mortgage $726,489 — from OMEGA GINOBLI PARTNERS, LLC to CAPITAL ONE, NATIONAL ASSOCIATION $726,489

Ten-year activity

2001000
2017
150
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20171447708103
20180414006150
20193512028138
20208711502132
202125412151
20224111001116
202303740178
202400540256
202500210122
202600290433
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The full timeline

Construction 39Enforcement 139Housing & tenants 2,808Ownership & money 80Health & systems 38

Every one of the 3,104 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 11226 · Landlord rankings · How grades work · The map · The Mice Map