Kings  »  11218  »  Coney Island Ave  »  425 Coney Island Ave

425 Coney Island Avenue, Brooklyn, NY 11218 - Property report

Also known as: 38-60 E 10th St

Property image for 425 Coney Island Avenue, Brooklyn, NY 11218
static Mapbox map

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2023

Lot sq. ft.

21,390

Sale price

$16M

General information

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Address
Primary address
425 Coney Island Avenue
Alternate address(es)
38-60 E 10th St
435 Coney Island Ave
ZIP code
11218
Neighborhood
Prospect Park South
Borough
Brooklyn
Block & lot
05070-0019

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
110,375
Buildings on lot
1
Stories
8
Year built
2023
Building material
Sales
Sale date
12/16/2019
Sale price
$16,000,000
Tax
Tax year
2026-2027
Property tax
$1,363,239
Tax class
Zoning & Use
Zoning
Residential units
128
Residential sq. ft.
Commercial units
1
Retail sq. ft.
Lot
Lot dimensions
200.58 ft x 105.17 ft
Lot sq. ft.
21,390
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
110,372 sq. ft.
Buildable area

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise

Data provided by: Walk Score®

School district
17
Community district
14
Closest police station
1.14 Miles
Closest fire station
0.34 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 425 Coney Island Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 425 Coney Island Avenue, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
12/16/2019 $16,000,000 XXX XXXXX XXXXXX XXXXXX XXX XXX XXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/26/2026 - R
10/22/2026 - D
Sundry Miscellaneous
(2026102300517001)
XXX XXXXX XXXXXX XXXXXX XXX
10/26/2026 - R
10/22/2026 - D
Sundry Miscellaneous
(2026102200683001)
XXX XXXXX XXXXXX XXXXXX XXX
08/18/2026 - R
08/12/2026 - D
Declaration
(2026081300001001)
XXX XXXXX XXXXXX XXXXXX XXX
03/16/2026 - R
01/28/2026 - D
Termination of Assign of L&R
(2026031600244003)
XXXXXX XXXXXXXX XXXX X X XXX XXXXX XXXXXX XXXXXX XXX
03/16/2026 - R
01/28/2026 - D
Termination of Assign of L&R
(2026031600244002)
XXXXXX XXXXXXXX XXXX X X XXX XXXXX XXXXXX XXXXXX XXX
03/16/2026 - R
01/28/2026 - D
Termination of Assign of L&R
(2026031600244001)
XXXXXX XXXXXXXX XXXX X X XXX XXXXX XXXXXX XXXXXX XXX
05/11/2026 - R
12/19/2025 - D
Declaration
(2026050600967001)
XXX XXXXX XXXXXX XXX
09/19/2025 - R Initial UCC1
(2025091801020001)
XXX XXXXX XXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX
09/05/2025 - R
08/27/2025 - D
Sundry Agreement
(2025090200703004)
XXXXXX XXXXXXXX XXXX XXX XXXX XX XXX XXXX
09/05/2025 - R
08/27/2025 - D
Assignment of Leases and Rents
(2025090200703003)
XXX XXXXX XXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 425 Coney Island Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$1,363,239
Municipal exemptions
Recent tax assessments
Market value
$24,997,000
Assessed value
$11,248,650

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $5,121,000 $2,304,450 $1,888,650 12.439% $234,929 $234,929 +274.86%
2024/25 $2,139,000 $962,550 $501,370 12.5% $62,671 $62,671 -37.63%
2023/24 $2,256,000 $1,015,200 $948,600 10.592% $100,476 $100,476 +0.52%
2022/23 $2,112,000 $950,400 $938,880 10.646% $99,953 $99,953 +20.49%
2021/22 $1,714,000 $771,300 $771,300 10.755% $82,953 $82,953 +23.06%
2020/21 $2,273,000 $1,022,850 $630,315 10.694% $103,955 $67,406 +20.27%
2019/20 $2,185,000 $983,250 $531,901 10.537% $99,262 $56,046 +18.68%
2018/19 $2,148,000 $966,600 $449,146 10.514% $97,531 $47,223 +25.11%
2017/18 $2,105,000 $947,250 $359,011 10.514% $95,241 $37,746 +27.43%
2016/17 $2,090,000 $940,500 $280,126 10.574% $94,671 $29,621 +47.07%

Permit information for 425 Coney Island Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/21/2026 Alteration
07/29/2026 Alteration
07/30/2025 New building
06/04/2025 New building
04/08/2025 Alteration

*Most recent permits on record for this property.

DOB Violations

Violation ID Issue date Type Status
03/28/2013 Aeuhaz1-fail to certify class 1
03/28/2013 Aeuhaz1-fail to certify class 1
03/28/2013 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q3 2026 median price/sq. ft.

$554

5.5% Y-o-Y

Q2 2026 median price/sq. ft.

$525

2025 median price/sq. ft.

$521

5.5% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Prospect Expwy & Fort Hamilton Pkwy at NW Corner
Station lines
F
Distance (miles)
0.322

Access the detailed traffic volume map for 425 Coney Island Avenue, Brooklyn, NY 11218 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 425 Coney Island Avenue, Brooklyn, NY 11218?

The development at 425 Coney Island Avenue, Brooklyn, NY 11218 was built in 2023.

What is the market value of 425 Coney Island Avenue, Brooklyn, NY 11218?

The current market value of 425 Coney Island Avenue, Brooklyn, NY 11218 is $24,997,000.

What is the total square footage of 425 Coney Island Avenue, Brooklyn, NY 11218?

425 Coney Island Avenue, Brooklyn, NY 11218 has a total of 110,375 square feet.

What is the price per square foot for this property?

$144 per square foot is the price for 425 Coney Island Avenue, Brooklyn, NY 11218.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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