Residential units
259
Units in total
264
Storeys
20
Year built
1979
Last alteration on file
-
Recorded transfers
2 since 2003
01
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 30 Jul 2018 | $50,000,000 | - | APARTMENT BUILDING | DEED |
| 24 Jan 2014 | $34,000,000 | - | APARTMENT BUILDING | RPTT |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
- RPTT
- NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2018 | 1 | $50,000,000 | - | - |
| 2014 | 1 | $34,000,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
71,286 sq ft
Building area
229,865 sq ft
Residential area
222,000 sq ft
Commercial area
7,865 sq ft
Office area
7,865 sq ft
Retail area
-
Buildings on the lot
2
Built floor area ratio
3.22
Residential FAR permitted
2.43
Zoning district
R6
03
Assessment
Assessed land value
$962,550
Assessed total value
$11,641,500
Exempt value
$11,641,500
Assessed per residential unit
$44,948
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
D7ELEVATOR APT; SEMI-FIREPROOF WITH STORES
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
47
Coordinates
40.574307, -74.001127
05
Other buildings in Coney Island-Sea Gate
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 2885 WEST 12 STREET | D4 | 1,578 | 1960 | 0 | - |
| 501 SURF AVENUE | RM | 735 | 1964 | 580 | $590k |
| 2928 WEST 5 STREET | D4 | 572 | 1964 | 438 | $371k |
| 2940 WEST 5 STREET | D4 | 572 | 1964 | 434 | $350k |
| 440 NEPTUNE AVENUE | D4 | 572 | 1964 | 308 | $430k |
| 460 NEPTUNE AVENUE | D4 | 572 | 1964 | 300 | $400k |
| 2915 WEST 5 STREET | D4 | 528 | 1964 | 260 | $378k |
| 486 NEPTUNE AVENUE | RM | 499 | 1964 | 0 | - |
| 1912 MERMAID AVENUE | RM | 445 | 2019 | 0 | - |
| 2940 OCEAN PARKWAY | D7 | 441 | 1964 | 1 | - |
| 3000 OCEAN PARKWAY | D3 | 441 | 1964 | 1 | - |
| 1 OCEAN DRIVE | RM | 425 | 2018 | 0 | - |