NOT LISTED FOR SALE

2837-2859 Coney Island Ave Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated Value: $15,681,632

-- Bed
-- Bath
10,000 Sq Ft
$1,568/Sq Ft Est. Value

About This Home

This home is located at 2837-2859 Coney Island Ave, Brooklyn, NY 11235 and is currently estimated at $15,681,632, approximately $1,568 per square foot. 2837-2859 Coney Island Ave is a home located in Kings County with nearby schools including P.S. 209 Margaret Mead, P.S. K225 - The Eileen E. Zaglin School, and Ahi Ezer Yeshiva School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Med Partners Llc
Bought by
2845 Coney Island Llc
Current Estimated Value
$15,681,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Outstanding Balance
$8,896,161
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,785,471

Purchase Details

Closed on
Aug 7, 2017
Sold by
Cb-Infinity Coney Llc
Bought by
Med Partners Llc

Purchase Details

Closed on
Jul 10, 2014
Sold by
2845 Coney Island Ave Llc
Bought by
Cb-Infinity Coney Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,932,855
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2012
Sold by
2845 Coney Island Avenue Llc
Bought by
2845 Coney Island Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,368
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2001
Sold by
Webb Naomi and Levy Irving
Bought by
2845 Coney Island Avenue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
7.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2845 Coney Island Llc $16,000,000 --
Med Partners Llc $12,200,000 --
Med Partners Llc $12,200,000 --
Cb-Infinity Coney Llc $9,600,000 --
Cb-Infinity Coney Llc $9,600,000 --
2845 Coney Island Ave Llc -- --
2845 Coney Island Ave Llc -- --
2845 Coney Island Avenue -- --
2845 Coney Island Avenue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2845 Coney Island Llc $9,000,000
Previous Owner Med Partners Llc $5,500,000
Previous Owner Cb-Infinity Coney Llc $2,932,855
Previous Owner 2845 Coney Island Ave Llc $880,368
Previous Owner 2845 Coney Island Ave Llc $1,890,089
Previous Owner 2845 Coney Island Avenue $1,450,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $188,192 $2,047,050 $413,550 $1,633,500
2024 $188,192 $1,976,850 $413,550 $1,563,300
2023 $194,768 $1,905,300 $413,550 $1,491,750
2022 $207,832 $1,954,800 $413,550 $1,541,250
2021 $177,718 $1,661,850 $413,550 $1,248,300
2020 $107,606 $2,167,650 $413,550 $1,754,100
2019 $194,296 $1,995,300 $254,250 $1,741,050
2018 $178,162 $2,169,450 $254,250 $1,915,200
2017 $158,366 $1,890,000 $254,250 $1,635,750
2016 $141,521 $1,694,250 $254,250 $1,440,000
2015 $53,336 $1,490,850 $254,250 $1,236,600
2014 $53,336 $1,228,050 $254,250 $973,800
Source: Public Records

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