486 Neptune Avenue, Brooklyn
Condominium · 499 units · built 1964 · Block 7273, Lot 7501.
Building permits
- Alteration, filed Oct 27, 2026, estimated cost $50K, described as “Interior fitout of office space. No change in egress, use or occupancy.”
- Alteration, filed Oct 2, 2026, estimated cost $5K, described as “Erect accessory business wall sign for planet fitness. No change in use, egress, or occupancy.”
- Alteration, filed Sep 15, 2026, estimated cost $774K, described as “Proposed tenant layout only. Work to include new interior partitions, finishes and fixtures for a fitness center. Electrical, plumbing, mechanical, sprinkler, sign, and structural to be filed separate. No change to occupancy use or egress.”
- Alteration, filed Jul 21, 2026, estimated cost $50K, described as “Plumbing and sprinkler modification for nail salon. No change in egress, use or occupancy.”
- Alteration, filed Jul 21, 2026, estimated cost $20K, described as “Plumbing installation for retail space. No change in egress, use or occupancy.”
- Alteration, filed Jun 25, 2026, estimated cost $575K, described as “Proposed interior renovation for the restaurant Sora By Masuta . new partitions, kitchen equipment, lightings, interior finishes, millwork and bathroom within a fully demised fire rated tenant space .No change in use, egress or occupancy”
- Alteration, filed Apr 26, 2026, estimated cost $150K, described as “Interior modification of pharmacy department. Non-load bearing metal stud gyp bd walls. Relo/new floor finishes, wall finishes, pharmacy millwork/equipment, ceiling lights.”
- Alteration, filed Apr 9, 2026, estimated cost $43K, described as “Plumbing and sprinkler modification in conjunction with interior retail fitout under NB#320622714. No change in egress, use or occupancy.”
- Alteration, filed Mar 18, 2026, estimated cost $65K, described as “Sprinkler and plumbing installation in retail space. General Construction filed under NB# 320622714. No change in egress, use or occupancy.”
- No Work, filed Mar 3, 2026
- Alteration, filed Feb 20, 2026, estimated cost $41K, described as “Plumbing and sprinkler modification for retail fit-out. General Construction filed under NB# 320622714. No change in egress, use or occupancy.”
- Alteration, filed Feb 18, 2026, estimated cost $209K, described as “Proposed interior renovation to existing commercial space tenant#20 , no proposed changes to occupancy, use or egress. In conjunction with NB# 320622714”
- Alteration, filed Feb 4, 2026, estimated cost $1.8M, described as “Interior renovation of existing community facility school for grades 9 thru 12 (UG 3, Occupancy Group E). No change in egress, use or occupancy. In conjunction with NB# 320622714.”
- Alteration, filed Feb 4, 2026, estimated cost $400K, described as “Interior renovation for eating and drinking establishment that was approved under 320622714. Including new partitions, new plumbing fixtures, and mechanical system. No change in use and occupancy, bulk, far, or egress.”
- Alteration, filed Jan 28, 2026, estimated cost $25K, described as “Structural work for retail mezzanines. In conjunction with NB# 320622714. No change in egress, use or occupancy.”
- Alteration, filed Jan 21, 2026, estimated cost $61K, described as “Plumbing and Sprinkler modification for retail space. General Construction filed under NB# 320622714. No change in egress, use or occupancy.”
- Alteration, filed Jan 9, 2026, estimated cost $43K, described as “Plumbing and sprinkler modification in conjunction with interior retail fitout under NB#320622714. No change in egress, use or occupancy.”
- Alteration, filed Dec 17, 2025, estimated cost $10K, described as “New 12 ft curb cut (with splays) on West 6th Street in conjunction with NB #320622714.”
- Alteration, filed Nov 19, 2025, estimated cost $359K, described as “Proposed interior renovation to existing commercial space, no proposed changes to occupancy, use or egress. In conjunction with NB# 320622714.”
- Alteration, filed Oct 30, 2025, estimated cost $260K, described as “Proposed Interior renovation to existing Commercial space , no changes in occupancy, use or egress”
- No Work, filed Sep 2, 2025
- Alteration, filed Mar 27, 2025, estimated cost $1K, described as “Tenant Protection Plan in conjunction with NB #320622714.”
- Alteration, filed Sep 9, 2024, estimated cost $26K, described as “Application is filed for general construction at subject premises.”
- Alteration, filed Jul 31, 2024, estimated cost $546K, described as “Installation of solar panels on existing roof. No change in use, occupancy, or egress. No change in bulk”
- Alteration, filed Feb 6, 2024, estimated cost $1K, described as “This application is filed for a Temporary Use Permit for model apartment and sales office pursuant to Section AC 28-111 and Buildings Bulletin 2010-002. Filed in conjunction with NB# 340255752.”
44 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $74,308,971
- 2026–27 tax
- $8,279,844
- Market value (city estimate)
- $165,131,048
- Taxable value
- $70,975,957
- Assessed land
- $2,971,804
- Assessed improvements
- $71,337,167
- Condo units with their own tax lots
- 5
Zoning
R6: floor area ratio 4.42 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29). FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NAVD88).
Board and land use applications
- Appeal (Board of Standards and Appeals 2023-01-A): Appeal, Withdrawn, filed Jan 8, 2023, decided Mar 17, 2023. Appeal seeking the revocation of work permits issued by the New York City Department of Buildings. The appeal argues that the permits were improperly issued. C1-2/R5 Special Ocean Parkway District
In the news
Affordable Housing Launches for 532 Neptune Avenue in Coney Island, Brooklyn, New York YIMBY, Aug 13, 2025.