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Brooklyn / Coney Island-Sea Gate / 11224

3385 NEPTUNE AVENUE

Boro3
Block6979
Lot200
BBL3069790200
Class D6
Residential units
338
Units in total
339
Storeys
24
Year built
1975
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 Jun 2015$67,716,996338APARTMENT 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

PERMITTED, NOT BUILTLOT 235,000 SQ FT24
Drawn from PLUTO: 24 storeys, 334,000 sq ft of building on 235,000 sq ft of lot, an average floor plate covering 6% of it. The dashed outline is the difference between the floor area ratio already built (1.42) 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
235,000 sq ft
Building area
334,000 sq ft
Residential area
322,610 sq ft
Commercial area
11,390 sq ft
Office area
-
Retail area
11,390 sq ft
Buildings on the lot
1
Built floor area ratio
1.42
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$4,230,000
Assessed total value
$18,729,000
Exempt value
$18,729,000
Assessed per residential unit
$55,411

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
40.577991, -74.002423
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