Shopping center · Sheepshead Bay, Brooklyn

3078 Ocean Avenue

Brooklyn, NY 11235

3078 Ocean Avenue is a 1-floor shopping center in Sheepshead Bay, Brooklyn, built in 1971, with about 47,000 square feet of retail space according to city records.

Also at 2701 East 19th Street, 3074-3124 Ocean Avenue, 3439 Shore Parkway and 1902-1930 Voorhies Avenue.

Retail space
47K SF
Floors
1
Year built
1971
Zoning
R4

Retail space next to its nearest neighbors

  1. 2027 Emmons Avenue3 min walk62K SF
  2. 1702 Avenue Y6 min walk58K SF
  3. 3078 Ocean AvenueThis building47K SF
  4. F.W.I.L. Lundy Brothers Restaurant Building2 min walk47K SF

The 4th largest of the 6 retail buildings we track in Sheepshead Bay. Compare it with 5 neighbors

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Compared with its neighbors

How 3078 Ocean Avenue compares

Next to the 5 nearest large retail buildings, all within a 13 minute walk, 3078 Ocean Avenue ranks 4th of 6 by retail floor area. It went up in 1971; the median neighbor dates from 1960. Its estimated property tax, about $10.59 a square foot of floor area before abatements, is close to the neighbors' median of $10.40.

3078 Ocean Avenue and the 5 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingRetail spaceFloorsBuiltTax / SFLast sale
3078 Ocean AvenueThis building47K SF11971$10.59May 2010, $10M
F.W.I.L. Lundy Brothers Restaurant Building, 1901 Emmons Avenue2 min walk47K SF31934$8.60n/a
2027 Emmons Avenue3 min walk62K SF21996$5.73n/a
1702 Avenue Y6 min walk58K SF11992$10.40Dec 2011, $28.5M
3860 Nostrand Avenue12 min walk37K SF21959$11.09Aug 2019, $27.6M
3861 Nostrand Avenue13 min walk81K SF11960$11.55Dec 2018, $38.3M
The 4th largest of the 6 retail buildings we track in Sheepshead Bay: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
2701 East 19th Street; 3074-3124 Ocean Avenue; 3439 Shore Parkway; 1902-1930 Voorhies Avenue
ZIP code
11235
Building type
Shopping center (city class K6)
Total floor area
47,320 SF
Commercial floor area
47,320 SF
Retail
47,320 SF
Height
1 floor
Year built
1971
Last major alteration
1993
Lot area
107,360 SF
Zoning district
R4
Built FAR
0.44
Tax lot (BBL)
3087740006

Nearest subway

  • Sheepshead Bay5 min walk · Accessible station
  • Neck Rd15 min walk · Not accessible

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 2 storefronts at 3078 Ocean Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
2
Vacant that day
0
Share vacant across Sheepshead Bay
9.9%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 3
  • 20200 of 3
  • 20210 of 3
  • 20220 of 2
  • 20230 of 2
  • 20240 of 2
  • 20250 of 2

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists OCEAN NORSE REALTY, LLC as the owner of record. For tax year 2026/27 the city values 3078 Ocean Avenue at $11.8 million and assesses it at $5.31 million. After phase-ins and exemptions its taxable value is $4.62 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $501,264 a year before abatements, roughly $10.59 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record
OCEAN NORSE REALTY, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$11,789,000
Land market value
$2,898,000
Assessed value
$5,305,050
Taxable value (phased in)
$4,620,800
Estimated yearly tax
About $501,264
Tax per SF of floor area
About $10.59

City market value by tax year

  • 2022/23$9.05 million
  • 2023/24$9.84 million
  • 2024/25$10 million
  • 2025/26$11.7 million
  • 2026/27$11.8 million

Market value rose 30% from 2022/23 ($9.05 million) to 2026/27.

How Sheepshead Bay compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

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NYC property records (ACRIS)

Sales history

3078 Ocean Avenue last sold in May 2010 for $10 million, according to the deed recorded with the city. 3090 OCEAN AVENUE REALTY CORP. sold it to OCEAN NORSE REALTY, LLC. That comes to about $211 per square foot of floor area.

Last sale (deed date)
May 6, 2010
Price
$10,000,000
Price per SF of floor area
About $211
Seller
3090 OCEAN AVENUE REALTY CORP.
Buyer
OCEAN NORSE REALTY, LLC
Deed recorded
May 19, 2010
ACRIS document
2010051000899001
All 2 building sales in Sheepshead Bay since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

3078 Ocean Avenue reported an ENERGY STAR score of 64 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 230.1 kBtu per square foot, 15% below the national median of 269.4 for a similar property. Its greenhouse gas emissions were about 1,012 metric tons of CO2e (21.38 kg per square foot).

ENERGY STAR score (2024)
64 of 100
Grade this score earns (Local Law 33)
C (55 to 69)
Property type (Portfolio Manager)
Supermarket/Grocery Store
Site energy use intensity
230.1 kBtu/SF
National median for the type
269.4 kBtu/SF
Greenhouse gas emissions
1,012 t CO2e
Emissions per SF
21.38 kg CO2e
Floor area in the filing
47,320 SF

ENERGY STAR score by year

  • 202268 (C)
  • 202378 (B)
  • 202464 (C)

Energy sources in 2024

  • Electricity64%
  • Natural gas36%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 3078 Ocean Avenue comes to about 799 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 933 tons for 2024 to 2029 (86% of the limit), so it would owe no penalty. From 2030 the limit drops to 272 tons and the same energy use counts as about 504 tons, about 232 tons over, or an estimated $62,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
933 t CO2e
Estimated emissions
799 t CO2e
Under the limit by
133 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
272 t CO2e
Estimated emissions
504 t CO2e
Over the limit by
232 t CO2e
Estimated penalty a year
$62,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Supermarket/Grocery Store 34,520 SF; Bank Branch 6,000 SF; Retail Store 6,800 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 3078 Ocean Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 3078 Ocean Avenue. In the last two years, interior work was permitted on the underground. The newest build-out, on the open space and the underground, was first permitted in July 2025 (construction, structural, construction fence, earth work, foundation; filed cost estimate $300,000).

New jobs, last 12 months
4
Initial permits, last 12 months
8
Newest job first permitted
January 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
Underground

Recent build-outs

  • Open space, undergroundJuly 2025Construction, Structural, Construction fence, Earth Work, Foundation; est. $300,000

New jobs by year

  • 20211
  • 20220
  • 20235
  • 20242
  • 20251
  • 2026 to date4

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

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Questions about 3078 Ocean Avenue

How big is 3078 Ocean Avenue?

3078 Ocean Avenue has about 47,000 square feet of floor area in total, including 47,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 3078 Ocean Avenue built?

City records list 1971 as the year built, with a major alteration recorded in 1993. The building is 1 floor tall.

What other addresses does 3078 Ocean Avenue have?

City records list 2701 East 19th Street, 3074-3124 Ocean Avenue, 3439 Shore Parkway and 1902-1930 Voorhies Avenue on the same tax lot (BBL 3087740006) as 3078 Ocean Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 3078 Ocean Avenue?

3078 Ocean Avenue is in ZIP code 11235, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 3078 Ocean Avenue, Brooklyn, NY 11235, in Sheepshead Bay.

What is the zoning at 3078 Ocean Avenue?

The lot is in the R4 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.44 for this lot.

What subway station is closest to 3078 Ocean Avenue?

The closest subway station to 3078 Ocean Avenue is Sheepshead Bay (the B and Q trains), about 0.3 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: Neck Rd (the Q train), 15 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 3078 Ocean Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists OCEAN NORSE REALTY, LLC as the owner of record of 3078 Ocean Avenue (BBL 3087740006). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 3078 Ocean Avenue last sold?

3078 Ocean Avenue last sold in May 2010 for $10 million, according to the deed recorded with the city. 3090 OCEAN AVENUE REALTY CORP. sold it to OCEAN NORSE REALTY, LLC. That comes to about $211 per square foot of floor area. The deed is ACRIS document 2010051000899001 (BBL 3087740006) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

What is the energy grade of 3078 Ocean Avenue?

3078 Ocean Avenue reported an ENERGY STAR score of 64 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 64 earns a C. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 230.1 kBtu per square foot, 15% below the national median of 269.4 for a similar property. Its greenhouse gas emissions were about 1,012 metric tons of CO2e (21.38 kg per square foot).

Does 3078 Ocean Avenue meet Local Law 97?

At its 2024 energy use, 3078 Ocean Avenue comes to about 799 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 933 tons for 2024 to 2029 (86% of the limit), so it would owe no penalty. From 2030 the limit drops to 272 tons and the same energy use counts as about 504 tons, about 232 tons over, or an estimated $62,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

Is there construction at 3078 Ocean Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 3078 Ocean Avenue. In the last two years, interior work was permitted on the underground. The newest build-out, on the open space and the underground, was first permitted in July 2025 (construction, structural, construction fence, earth work, foundation; filed cost estimate $300,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3087740006. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 3078 Ocean Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.62 million for 3078 Ocean Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $501,264 a year, roughly $10.59 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3087740006 show the actual bill.

What is the assessed value of 3078 Ocean Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 3078 Ocean Avenue at $11.8 million ($2.9 million of it land) and its assessed value at $5.31 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 30% from 2022/23 ($9.05 million) to 2026/27.

Are there vacant storefronts at 3078 Ocean Avenue?

Owners registered 2 storefronts at 3078 Ocean Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there retail space for lease at 3078 Ocean Avenue?

No space at 3078 Ocean Avenue is listed on Leasemark right now. Nearby on Leasemark: retail space for lease at 1605 McDonald Ave in Midwood (1,000 SF, $48/SF/yr). Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

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