Is 505 Ocean Ave rent stabilized?
505 Ocean Ave is a registered NYC rent-stabilized building in Flatbush, Brooklyn (11226). It has about 52 apartments, built in 1931.
Also written as 505 Ocean Avenue — or 505 Ocean Ave, Brooklyn, NY 11226.
How this building compares
With about 52 apartments it is larger than 69% of the 564 rent-stabilized buildings this site tracks in Flatbush. HPD lists 34 open violations here, about 0.7 per apartment — below the 0.9 per apartment median for tracked buildings in the neighborhood. Of the 123 violations on record at the address, 44 are class C — HPD's immediately hazardous grade, and 11 of them are still open. HPD issued 13 new violations at the address in the last twelve months. Tenants have filed 231 HPD complaints at the address, 14 of them in the last twelve months.
Building details
| Borough | Brooklyn |
| Neighborhood | Flatbush |
| ZIP | 11226 |
| Year built | 1931 |
| Apartments | 52 |
| Rent-stabilized | Yes — DHCR registered |
| Stabilization code | MULTIPLE DWELLING A |
| BBL | 3050810048 |
Owner & management
| Owner | OCEAN505 LLC 4711 12TH AVENUE #A8 · BROOKLYN, NY 11219 |
| Managing agent | MARGARETA MILLER |
Building conditions
| HPD violations | 34 open / 123 total · 13 in last 12 mo |
| HPD complaints | 0 open / 231 total |
| HPD registration last filed | July 30, 2025 |
Full building report — $9
Frequently asked questions
Is 505 Ocean Ave rent stabilized?
505 Ocean Ave in Flatbush, Brooklyn is registered as rent stabilized in the New York State DHCR 2024 rent-stabilized building files, where its stabilization code is MULTIPLE DWELLING A. Registration is recorded for the building, not for each apartment in it, so an individual unit here can still have been deregulated — ask the landlord or DHCR for that apartment's rent history before relying on it.
How many apartments are at 505 Ocean Ave?
505 Ocean Ave (BBL 3050810048) has about 52 residential apartments and was built in 1931, from NYC PLUTO. PLUTO counts the building's units; it does not say how many of them are rent stabilized.