apartmentsforsalenyc
SourcesAdvertise

Publisher, not broker. A publisher of public records. Not a broker, no commission, no per-transaction fee. Advertising is flat fee and labelled. How this site makes money

Brooklyn / Coney Island-Sea Gate / 11224

1 OCEAN DRIVE

Recorded on the Digital Tax Map as 1 AND 2 OCEAN DRIVE CONDOMINIUM.

Boro3
Block7065
Lot7501
BBL3070657501
Class RM
Residential units
425
Units in total
428
Storeys
21
Year built
2018
Last alteration on file
-
Recorded transfers
None
01

What has sold here

No transfer with a recorded consideration has been attached to this lot for 2003 onwards. That is common and it is not evidence that nothing changed hands. A building held by one owner since before 2003, a building transferred for no stated consideration, and a rental building that has simply never been sold all produce an empty record here. See how to read a sale history.

02

The building on the lot

Section through the lot

LOT 69,848 SQ FT21
Drawn from PLUTO: 21 storeys, 451,637 sq ft of building on 69,848 sq ft of lot, an average floor plate covering 31% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
69,848 sq ft
Building area
451,637 sq ft
Residential area
409,919 sq ft
Commercial area
41,718 sq ft
Office area
-
Retail area
20,532 sq ft
Buildings on the lot
1
Built floor area ratio
6.47
Residential FAR permitted
5
Zoning district
R7-3
03

Assessment

Assessed land value
$2,514,600
Assessed total value
$42,373,350
Exempt value
$36,511,345
Assessed per residential unit
$99,702

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
47
Coordinates
40.572471, -74.000759

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Coney Island-Sea Gate

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2885 WEST 12 STREETD41,57819600-
501 SURF AVENUERM7351964580$590k
2928 WEST 5 STREETD45721964438$371k
2940 WEST 5 STREETD45721964434$350k
440 NEPTUNE AVENUED45721964308$430k
460 NEPTUNE AVENUED45721964300$400k
2915 WEST 5 STREETD45281964260$378k
486 NEPTUNE AVENUERM49919640-
1912 MERMAID AVENUERM44520190-
2940 OCEAN PARKWAYD744119641-
3000 OCEAN PARKWAYD344119641-
1709 SURF AVENUED642020250-

Every building on file in Coney Island-Sea Gate