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Brooklyn / Coney Island-Sea Gate / 11235

2940 OCEAN PARKWAY

Boro3
Block7274
Lot20
BBL3072740020
Class D7
Residential units
441
Units in total
444
Storeys
23
Year built
1964
Last alteration on file
-
Recorded transfers
1 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.

RecordedConsiderationUnitWhat transferredInstrument
4 May 2004$40,302,500-APARTMENT BUILDINGDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
02

The building on the lot

Section through the lot

LOT 143,800 SQ FT23
Drawn from PLUTO: 23 storeys, 470,000 sq ft of building on 143,800 sq ft of lot, an average floor plate covering 14% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
143,800 sq ft
Building area
470,000 sq ft
Residential area
460,000 sq ft
Commercial area
10,000 sq ft
Office area
10,000 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.27
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$1,916,550
Assessed total value
$20,096,550
Exempt value
$0
Assessed per residential unit
$45,570

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
11235
Community district
Brooklyn 13
Council district
48
Coordinates
40.579507, -73.968792
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-
3000 OCEAN PARKWAYD344119641-
1 OCEAN DRIVERM42520180-
1709 SURF AVENUED642020250-

Every building on file in Coney Island-Sea Gate