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Brooklyn / Coney Island-Sea Gate / 11224

2914 WEST 31 STREET

Boro3
Block7049
Lot15
BBL3070490015
Class D1
Residential units
385
Units in total
385
Storeys
15
Year built
1968
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

PERMITTED, NOT BUILTLOT 175,063 SQ FT15
Drawn from PLUTO: 15 storeys, 300,245 sq ft of building on 175,063 sq ft of lot, an average floor plate covering 11% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (1.72) and the residential floor area ratio of the zoning district (2.43). It is a diagram of recorded figures, not a picture of the building.
Lot area
175,063 sq ft
Building area
300,245 sq ft
Residential area
295,684 sq ft
Commercial area
4,561 sq ft
Office area
-
Retail area
-
Buildings on the lot
3
Built floor area ratio
1.72
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$2,363,400
Assessed total value
$11,947,500
Exempt value
$11,947,500
Assessed per residential unit
$31,032

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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
47
Coordinates
40.573942, -73.997855
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