Residential units
362
Units in total
371
Storeys
19
Year built
1972
Last alteration on file
1995
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 |
|---|---|---|---|---|
| 24 May 2023 | $61,400,000 | - | APARTMENT BUILDING | DEED |
| 22 Sep 2004 | $12,650,000 | 362 | APARTMENT BUILDING | DEED |
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2023 | 1 | $61,400,000 | - | - |
| 2004 | 1 | $12,650,000 | - | - |
02
The building on the lot
Section through the lot
Lot area
199,206 sq ft
Building area
386,700 sq ft
Residential area
363,000 sq ft
Commercial area
23,700 sq ft
Office area
-
Retail area
23,700 sq ft
Buildings on the lot
1
Built floor area ratio
1.94
Residential FAR permitted
2.43
Zoning district
R6
03
Assessment
Assessed land value
$1,530,000
Assessed total value
$11,521,800
Exempt value
$11,521,800
Assessed per residential unit
$31,828
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
D6ELEVATOR APT; FIREPROOF WITH STORES
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
47
Coordinates
40.573829, -73.996685
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 | - |