Residential units
441
Units in total
441
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.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 4 May 2004 | $40,302,500 | - | APARTMENT BUILDING | DEED |
- 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 area
147,864 sq ft
Building area
470,000 sq ft
Residential area
470,000 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
3.18
Residential FAR permitted
2.43
Zoning district
R6
03
Assessment
Assessed land value
$1,958,850
Assessed total value
$22,941,000
Exempt value
$0
Assessed per residential unit
$52,020
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
D3ELEVATOR APT; FIREPROOF WITHOUT STORES
Neighbourhood
Coney Island-Sea Gate
ZIP code
11235
Community district
Brooklyn 13
Council district
48
Coordinates
40.577361, -73.969124
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 | - |
| 1 OCEAN DRIVE | RM | 425 | 2018 | 0 | - |
| 1709 SURF AVENUE | D6 | 420 | 2025 | 0 | - |