Residential units
75
Units in total
75
Storeys
4
Year built
1920
Last alteration on file
1964
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 |
|---|---|---|---|---|
| 1 Jun 2009 | $46,209 | - | APARTMENT BUILDING | RPTT&RET |
| 29 May 2009 | $2,479,076 | - | APARTMENT BUILDING | RPTT&RET |
- RPTT&RET
- BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
02
The building on the lot
Section through the lot
Lot area
17,700 sq ft
Building area
25,600 sq ft
Residential area
25,600 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
1.45
Residential FAR permitted
0.75
Zoning district
R3-1
03
Assessment
Assessed land value
$212,850
Assessed total value
$1,242,450
Exempt value
$1,242,450
Assessed per residential unit
$16,566
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
D1ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
47
Coordinates
40.57653, -74.008549
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 | - |