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Brooklyn / Coney Island-Sea Gate / 11224

1622 MERMAID AVENUE

Boro3
Block7062
Lot1
BBL3070620001
Class D3
Residential units
77
Units in total
77
Storeys
8
Year built
2024
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 15,393 SQ FT8
Drawn from PLUTO: 8 storeys, 95,886 sq ft of building on 15,393 sq ft of lot, an average floor plate covering 78% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
15,393 sq ft
Building area
95,886 sq ft
Residential area
95,886 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
6.23
Residential FAR permitted
5
Zoning district
R7X
03

Assessment

Assessed land value
$335,700
Assessed total value
$2,744,100
Exempt value
$0
Assessed per residential unit
$35,638

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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
47
Coordinates
40.576337, -73.983862
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-
1 OCEAN DRIVERM42520180-

Every building on file in Coney Island-Sea Gate