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Brooklyn / Coney Island-Sea Gate / 11224

501 SURF AVENUE

Boro3
Block7279
Lot7501
BBL3072797501
Class RM
Residential units
735
Units in total
1,287
Storeys
24
Year built
1964
Last alteration on file
1992
Recorded transfers
580 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
25 Jun 2026$700,0005JSINGLE RESIDENTIAL CONDO UNITDEED
17 Jun 2026$575,00018BSINGLE RESIDENTIAL CONDO UNITDEED
10 Jun 2026$294,00011SSINGLE RESIDENTIAL CONDO UNITDEED
8 Jun 2026$874,0007LSINGLE RESIDENTIAL CONDO UNITDEED
4 Jun 2026$816,00019FSINGLE RESIDENTIAL CONDO UNITDEED
28 May 2026$675,0006RSINGLE RESIDENTIAL CONDO UNITDEED
11 May 2026$674,00020JSINGLE RESIDENTIAL CONDO UNITDEED
6 May 2026$760,00022KSINGLE RESIDENTIAL CONDO UNITDEED
5 May 2026$665,00011BSINGLE RESIDENTIAL CONDO UNITDEED
27 Apr 2026$475,00014SSINGLE RESIDENTIAL CONDO UNITDEED
22 Apr 2026$675,00023MSINGLE RESIDENTIAL CONDO UNITDEED
16 Apr 2026$510,00011SSINGLE RESIDENTIAL CONDO UNITDEED
14 Jan 2026$630,00019HSINGLE RESIDENTIAL CONDO UNITDEED
18 Dec 2025$445,0009ASINGLE RESIDENTIAL CONDO UNITDEED
5 Dec 2025$610,00016MSINGLE RESIDENTIAL CONDO UNITDEED
23 Oct 2025$690,00023BSINGLE RESIDENTIAL CONDO UNITDEED
22 Jul 2025$635,0007FSINGLE RESIDENTIAL CONDO UNITDEED
10 May 2025$590,0005PSINGLE RESIDENTIAL CONDO UNITDEED
7 May 2025$455,0001HSINGLE RESIDENTIAL CONDO UNITDEED
5 May 2025$578,00023PSINGLE RESIDENTIAL CONDO UNITDEED
28 Apr 2025$684,00022LSINGLE RESIDENTIAL CONDO UNITDEED
22 Apr 2025$700,00022GSINGLE RESIDENTIAL CONDO UNITDEED
15 Apr 2025$550,00022ESINGLE RESIDENTIAL CONDO UNITDEED
11 Apr 2025$696,6674FSINGLE RESIDENTIAL CONDO UNITDEED
3 Apr 2025$512,00021SSINGLE RESIDENTIAL CONDO UNITDEED
11 Mar 2025$625,0007HSINGLE RESIDENTIAL CONDO UNITDEED
3 Feb 2025$750,00018GSINGLE RESIDENTIAL CONDO UNITDEED
9 Jan 2025$655,00016LSINGLE RESIDENTIAL CONDO UNITDEED
12 Dec 2024$535,00016RSINGLE RESIDENTIAL CONDO UNITDEED
9 Dec 2024$520,0006SSINGLE RESIDENTIAL CONDO UNITDEED
18 Nov 2024$615,00016CSINGLE RESIDENTIAL CONDO UNITDEED
18 Oct 2024$460,00011SSINGLE RESIDENTIAL CONDO UNITDEED
26 Sep 2024$595,00019RSINGLE RESIDENTIAL CONDO UNITDEED
23 Sep 2024$625,0006ESINGLE RESIDENTIAL CONDO UNITDEED
20 Sep 2024$625,00020PSINGLE RESIDENTIAL CONDO UNITDEED
30 Aug 2024$500,0006ESINGLE RESIDENTIAL CONDO UNITDEED
28 Aug 2024$480,00019DSINGLE RESIDENTIAL CONDO UNITDEED
7 Aug 2024$670,00016BSINGLE RESIDENTIAL CONDO UNITDEED
25 Jul 2024$600,00020NSINGLE RESIDENTIAL CONDO UNITDEED
10 Jun 2024$597,50018FSINGLE RESIDENTIAL CONDO UNITDEED
580 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
202613$674,000$294,000$874,000
202515$625,000$445,000$750,000
202422$532,500$420,000$675,000
202319$530,000$400,000$864,000
202233$600,000$10$905,000
202125$510,000$405,600$770,000
202016$585,000$420,000$800,000
201926$579,500$500$860,000
201830$519,500$80,000$755,000
201734$517,500$21,000$775,000
201628$480,000$1$715,000
201519$495,000$60,000$675,000
201418$401,000$260,000$750,000
201315$475,000$295,000$730,000
201219$400,000$48,000$550,000
201128$432,500$10$575,000
201020$432,003$101,420$640,000
200923$422,000$10$640,000
200823$385,000$10$560,000
200723$448,695$10$636,406
200629$483,220$263,640$671,000
200545$430,000$223,080$22,500,000
200428$377,000$10$540,000
200329$283,920$32,500$525,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 335,533 SQ FT24
Drawn from PLUTO: 24 storeys, 686,208 sq ft of building on 335,533 sq ft of lot, an average floor plate covering 9% of it. PLUTO records 3 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (2.05) 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
335,533 sq ft
Building area
686,208 sq ft
Residential area
685,258 sq ft
Commercial area
950 sq ft
Office area
950 sq ft
Retail area
-
Buildings on the lot
3
Built floor area ratio
2.05
Residential FAR permitted
2.43
Zoning district
R6
03

Assessment

Assessed land value
$1,505,825
Assessed total value
$40,134,874
Exempt value
$16,727,676
Assessed per residential unit
$54,605

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
RM
Neighbourhood
Coney Island-Sea Gate
ZIP code
11224
Community district
Brooklyn 13
Council district
48
Coordinates
40.575833, -73.97451

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Coney Island-Sea Gate

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
2885 WEST 12 STREETD41,57819600-
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-
1709 SURF AVENUED642020250-

Every building on file in Coney Island-Sea Gate