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Brooklyn / Coney Island-Sea Gate / 11224

2954 WEST 29 STREET

Boro3
Block7051
Lot33
BBL3070510033
Class D9
Residential units
195
Units in total
196
Storeys
12
Year built
2011
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
11 Jul 2013$34,218,261-APARTMENT BUILDINGRPTT
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.
02

The building on the lot

Section through the lot

LOT 29,151 SQ FT12
Drawn from PLUTO: 12 storeys, 217,140 sq ft of building on 29,151 sq ft of lot, an average floor plate covering 62% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
29,151 sq ft
Building area
217,140 sq ft
Residential area
184,413 sq ft
Commercial area
32,727 sq ft
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
7.45
Residential FAR permitted
3.44
Zoning district
R7-2
03

Assessment

Assessed land value
$656,100
Assessed total value
$13,523,400
Exempt value
$13,523,400
Assessed per residential unit
$69,351

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
D9ELEVATOR APT; MISCELLANEOUS
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
47
Coordinates
40.573871, -73.995623
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