545 Coney Island Avenue, Brooklyn
Vacant land · Block 5114, Lot 1.
Building permits
- New Building — Large Residential, filed Mar 28, 2022, 97 units, 7 stories, described as “Proposed seven (7) story mixed-use development.”
- Alteration, filed Jul 31, 2026, estimated cost $1K, described as “Proposed construction fence. No change to use, egress or occupancy under this application”
- Alteration, filed Nov 10, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Oct 27, 2022, estimated cost $1K, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
Property taxes
- Assessment
- $118,800
- 2026–27 tax
- $11,286
- Market value (city estimate)
- $264,000
- Taxable value
- $104,040
- Assessed land
- $118,800
Zoning
R6A: floor area ratio 0.00 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 24, 2024: $2,000,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Excavation Underway For 545 Coney Island Avenue In Kensington, Brooklyn, New York YIMBY, Jul 30, 2026.