Retail building · Coney Island, Brooklyn
Coney Island Theater Building
1301 Surf Avenue, Brooklyn, NY 11224
The Coney Island Theater Building (1301 Surf Avenue) is a 7-floor retail building in Coney Island, Brooklyn, built in 1925, with about 116,000 square feet of retail space according to city records.
Also at 2932-2952 Stillwell Avenue.
- Retail space
- 116K SF
- Floors
- 7
- Year built
- 1925
- Zoning
- R7X
The 2nd largest of the 6 retail buildings we track in Coney Island. Compare it with 5 neighbors
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Compared with its neighbors
How the Coney Island Theater Building compares
Next to the 5 nearest large retail buildings, all within a 10 minute walk, the Coney Island Theater Building ranks 2nd of 6 by retail floor area. It went up in 1925; the median neighbor dates from 1961. Its estimated property tax, about $0.33 a square foot of floor area before abatements, is below the neighbors' median of $11.82.
| Building | Retail space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| Coney Island Theater Building, 1301 Surf Avenue | 116K SF | 7 | 1925 | $0.33 | Dec 2015, $14M |
| 1204 Neptune Avenue | 37K SF | 1 | 1961 | $8.11 | n/a |
| Child's Restaurant Building, 3052 West 21st Street | 56K SF | 3 | 1923 | Exempt | n/a |
| 1509 Hart Place | 39K SF | 1 | 1959 | $15.16 | Jun 2020, $18.3M |
| 2965 Cropsey Avenue | 46K SF | 1 | 1970 | $12.49 | n/a |
| 2970 Cropsey Avenue | 149K SF | 1 | 2002 | $11.16 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Building name
- Coney Island Theater Building
- Other address
- 2932-2952 Stillwell Avenue
- ZIP code
- 11224
- Building type
- Retail building (city class K4)
- Total floor area
- 115,667 SF
- Commercial floor area
- 115,667 SF
- Retail
- 115,667 SF
- Height
- 7 floors
- Average floor
- About 16,500 SF (floor area divided by floors)
- Year built
- 1925
- Last major alteration
- 2020
- Lot area
- 18,873 SF
- Zoning district
- R7X
- Built FAR
- 6.13
- Landmark status
- Individual landmark
- Tax lot (BBL)
- 3070640016
Nearest subway
- Coney Island-Stillwell Av
- W 8 St-NY Aquarium
- Neptune Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists SHORE TOWER GROUP LLC as the owner of record. For tax year 2026/27 the city values the Coney Island Theater Building at $792,000 and assesses it at $356,400. After phase-ins and exemptions its taxable value is $356,400; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $38,662 a year before abatements, roughly $0.33 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- SHORE TOWER GROUP LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $792,000
- Land market value
- $566,000
- Assessed value
- $356,400
- Estimated yearly tax
- About $38,662
- Tax per SF of floor area
- About $0.33
City market value by tax year
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How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
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NYC property records (ACRIS)
Sales history
The Coney Island Theater Building last sold in December 2015 for $14 million, according to the deed recorded with the city. KANSAS FRIED CHICKEN, INC. and SURF CONEY ISLAND, INC. sold it to SHORE TOWER GROUP LLC.
- Last sale (deed date)
- December 29, 2015
- Price
- $14,000,000
- Seller
- KANSAS FRIED CHICKEN, INC. and SURF CONEY ISLAND, INC.
- Buyer
- SHORE TOWER GROUP LLC
- Deed recorded
- January 26, 2016
- ACRIS document
- 2016011500181001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at the Coney Island Theater Building in the 12 months to October 2026; the last one was first permitted in May 2025. A sidewalk shed permit here is active until December 19, 2026.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- May 2025
- Interior build-outs, last 24 months
- 0
- Sidewalk shed permit
- Active until Dec 19, 2026
New jobs by year
Build-outs across Coney IslandWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Landmarks Preservation Commission records
Architecture and history
The Coney Island Theater Building was designed by Reilly & Hall and built in 1925 in the neo-Renaissance Revival style. The Landmarks Preservation Commission designated it a New York City landmark on December 14, 2010.
- Architect
- Reilly & Hall
- Constructed
- 1925
- Style
- neo-Renaissance Revival
- Primary material
- Limestone
- Built as
- Theater
- City landmark
- Coney Island Theater Building: individual landmark, designated December 14, 2010 (LP-02408)
Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.
No retail space listed in Coney Island yet
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Questions about Coney Island Theater Building
How big is the Coney Island Theater Building?
The Coney Island Theater Building has about 116,000 square feet of floor area in total, including 116,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was the Coney Island Theater Building built?
The Landmarks Preservation Commission's building records date the Coney Island Theater Building to 1925, designed by Reilly & Hall. The building is 7 floors tall.
Who designed the Coney Island Theater Building?
Reilly & Hall, according to the Landmarks Preservation Commission's building records, which list the style as neo-Renaissance Revival and its original use as a theater.
Is the Coney Island Theater Building a New York City landmark?
Yes. The Landmarks Preservation Commission designated the Coney Island Theater Building an individual landmark on December 14, 2010 (LP-02408). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.
What is the address of the Coney Island Theater Building?
The Coney Island Theater Building is at 1301 Surf Avenue in Coney Island, Brooklyn. City records list 2932-2952 Stillwell Avenue on the same tax lot (BBL 3070640016). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1301 Surf Avenue?
1301 Surf Avenue is in ZIP code 11224, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Coney Island Theater Building is at 1301 Surf Avenue, Brooklyn, NY 11224, in Coney Island.
What is the zoning at the Coney Island Theater Building?
The lot is in the R7X zoning district. PLUTO lists a built floor area ratio (FAR) of 6.13 for this lot.
What subway station is closest to the Coney Island Theater Building?
The closest subway station to the Coney Island Theater Building is Coney Island-Stillwell Av (the D, F, N and Q trains), about 550 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: W 8 St-NY Aquarium (the F and Q trains), 6 min walk; Neptune Av (the F train), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the Coney Island Theater Building?
The NYC Department of Finance's 2026/27 assessment roll lists SHORE TOWER GROUP LLC as the owner of record of the Coney Island Theater Building (BBL 3070640016). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was the Coney Island Theater Building last sold?
The Coney Island Theater Building last sold in December 2015 for $14 million, according to the deed recorded with the city. KANSAS FRIED CHICKEN, INC. and SURF CONEY ISLAND, INC. sold it to SHORE TOWER GROUP LLC. The deed is ACRIS document 2016011500181001 (BBL 3070640016) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
Is there construction at the Coney Island Theater Building?
The Department of Buildings issued no permits for new jobs at the Coney Island Theater Building in the 12 months to October 2026; the last one was first permitted in May 2025. A sidewalk shed permit here is active until December 19, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 3070640016. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at the Coney Island Theater Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $356,400 for the Coney Island Theater Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $38,662 a year, roughly $0.33 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3070640016 show the actual bill.
What is the assessed value of the Coney Island Theater Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the Coney Island Theater Building at $792,000 ($566,000 of it land) and its assessed value at $356,400, the 45% of market value the city assesses for Class 4 property. The city's market value held steady from 2022/23 to 2026/27.
Is there retail space for lease at the Coney Island Theater Building?
No space at 1301 Surf Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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Coney Island
Transit hubs in Coney Island
- D F N Q at Coney Island-Stillwell Av
- F Q at W 8 St-NY Aquarium
- F at Neptune Av