2505 Coney Island Avenue, Brooklyn
School · built 2021 · Block 7371, Lot 83.
Building permits
- New Building — Non-residential, filed Jul 1, 2022, 5 stories, described as “Filing for 4-story plus penthouse new building, UG 3A School. See Comments section, requesting abbreviated review to issue zoning objection for BSA variance.”
- Alteration, filed Nov 10, 2025, estimated cost $20K, described as “Install one temporary classroom structure # 3”
- Alteration, filed Aug 11, 2021, estimated cost $41K, described as “Filing for temporary trailer for classrooms to be used in conjunction with school located at 2533 coney island ave for a time limit no more than 90 days with extensions approved by the commissioner only”
- Alteration, filed May 16, 2018, estimated cost $5K, described as “Curb cut application filed in conjunction with the NB application”
- Alteration, filed Dec 20, 2017, estimated cost $15K, described as “Temporary construction fence”
Property taxes
- Assessment
- $740,250
- Market value (city estimate)
- $1,645,000
- Taxable value
- $0
- Assessed land
- $402,750
- Assessed improvements
- $337,500
Tax breaks
- Nonprofit exemption (religious school), with no end date, about $80,302 a year below the full tax.
Zoning
C8-1 (part of the lot is R4): floor area ratio 0.33 built, 1.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- Jul 7, 2021: $7,200,000
- Feb 27, 2019: $2,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.