# 545 Coney Island Avenue, Brooklyn

Vacant land · Block 5114, Lot 1.

On Umarelli: https://umarelli.org/nyc/3051140001/545-coney-island-avenue

More construction in Flatbush: https://umarelli.org/nyc/brooklyn/flatbush.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Excavation Underway For 545 Coney Island Avenue In Kensington, Brooklyn](https://newyorkyimby.com/2026/07/excavation-underway-for-545-coney-island-avenue-in-kensington-brooklyn.html), New York YIMBY, Jul 30, 2026.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology