New York City  »  11223  »  Coney Island Ave  »  2525 Coney Island Ave

Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 - Property report

Also known as: 2525 Coney Island Ave

Property image for Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223
static Mapbox map

Property type

Library (P8)

Year built

1920

Lot sq. ft.

11,850

Sale price

$4,550,000

General information

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Address
Building name
Homecrest Branch Library
Primary address
Homecrest Branch Library - 2525 Coney Island Avenue
ZIP code
11223
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07371-0080

Owner

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Building
Property type
Library (P8)
Building sq. ft.
6,175
Building dimensions
65 ft x 95 ft
Buildings on lot
1
Stories
1
Year built
1920
Last altered
1998
Building material
Sales
Sale date
12/20/2016
Sale price
$4,550,000 - M
Tax
Tax year
2026-2027
Property tax
$74,005
Tax class
Zoning & Use
Zoning
Commercial units
1
Lot
Lot dimensions
78 ft x 156.5 ft
Lot sq. ft.
11,850
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
6,162 sq. ft.
Buildable area

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
87 /100.  Excellent Transit
Bike score
72 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.04 Miles
Closest fire station
0.22 Miles

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Ownership information for Homecrest Branch Library - 2525 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 Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
12/20/2016 $4,550,000 XXXXXXXX XXXXXX XXXX, XXX. XXXXXXXX XXXXX XXXX X X. , XXXXXXXX XXX XXX XXXXXX XX XXXXXXX XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/03/2017 - R Initial UCC1
(2016122800251001)
XXXXXXXX XXXXXX XXXX XXX XXX XXXX XX XXX XXXX XXXXXX XX XXXXXXX
12/29/2016 - R
12/20/2016 - D
Deed
(2016122300175001)
XXXXXXXX XXXXX XXXX X X XXXXXXXX XXXXXXXX XXXXXX XXXX XXX
12/29/2016 - R
12/01/2016 - D
Mortgage
(2016122300175002)
XXXXXXXX XXXXXX XXXX XXX XXX XXXX XX XXX XXXX XXXXXX
01/12/2015 - R
01/05/2015 - D
Zoning Lot Description
(2015010501024002)
XXXXXXXX XXXXXX XXXX XXX
01/12/2015 - R
01/05/2015 - D
Certificate
(2015010501024001)
XXXXX XXXXXXXX XXXX
11/03/1993 - R Satisfaction of Mortgage
(3380001812438)
XXXXX XXXXXXXX XXXX XXXX XXXXX XXXX XX
01/09/1989 - R Agreement
(3630001423063)
XXXX XXXXX XXXX XXXX XXXXXX XXXXXXX
06/15/1983 - R Uniform Commercial Code 1
(3600001829860)
XXXXX XXXXXXXX XXXX
06/15/1983 - R Deed
(3850000963785)
XXXXX XXXXXXXX XXXX XXXXXX XXXXXXX
06/15/1983 - R Agreement
(3840000963784)
XXXX XXXXX XXXXXXX XXXX XXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Homecrest Branch Library - 2525 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
$74,005
Municipal exemptions
Recent tax assessments
Market value
$1,594,000
Assessed value
$717,300

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 $1,557,000 $700,650 $653,130 10.848% $70,852 $70,852 +0.67%
2024/25 $1,523,000 $685,350 $653,940 10.762% $70,377 $70,377 +1.40%
2023/24 $1,488,000 $669,600 $655,290 10.592% $69,408 $69,408 +2.17%
2022/23 $1,418,000 $638,100 $638,100 10.646% $67,932 $67,932 +10.44%
2021/22 $1,271,000 $571,950 $571,950 10.755% $61,513 $61,513 -12.39%
2020/21 $1,566,000 $704,700 $656,550 10.694% $70,211 $70,211 +6.09%
2019/20 $1,538,000 $692,100 $628,107 10.537% $66,184 $66,184 +6.17%
2018/19 $1,472,000 $662,400 $592,917 10.514% $62,339 $62,339 +5.19%
2017/18 $1,396,000 $628,200 $563,667 10.514% $59,264 $59,264 +3.02%
2016/17 $1,323,000 $595,350 $544,027 10.574% $57,525 $57,525 +4.65%

Permit information for Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/12/2024 Alteration
05/30/1991 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/04/1998 Ll6291-local law 62/91 - boilers

*Most recent DOB violation 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.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
15th St & Gravesend Neck Rd at NE Corner
Station lines
B-Q
Distance (miles)
0.283

Access the detailed traffic volume map for Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 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 Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223?

The development at Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 was built in 1920.

What is the total square footage of Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223?

Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 has a total of 6,175 square feet.

When was Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 last sold and what was the sale price?

Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 was last sold on 12/20/2016 for $4,550,000.

What is the assessed value of Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223?

Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 is currently assessed at $717,300.

What are the property taxes for Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223?

The property taxes for Homecrest Branch Library - 2525 Coney Island Avenue, Brooklyn, NY 11223 total $74,005.

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