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

Retail space next to its nearest neighbors

  1. Coney Island Theater BuildingThis building116K SF
  2. Child's Restaurant Building8 min walk56K SF
  3. 1509 Hart Place9 min walk39K SF
  4. 1204 Neptune Avenue4 min walk37K SF

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.

The Coney Island Theater Building and the 5 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingRetail spaceFloorsBuiltTax / SFLast sale
Coney Island Theater Building, 1301 Surf AvenueThis building116K SF71925$0.33Dec 2015, $14M
1204 Neptune Avenue4 min walk37K SF11961$8.11n/a
Child's Restaurant Building, 3052 West 21st Street8 min walk56K SF31923Exemptn/a
1509 Hart Place9 min walk39K SF11959$15.16Jun 2020, $18.3M
2965 Cropsey Avenue10 min walk46K SF11970$12.49n/a
2970 Cropsey Avenue10 min walk149K SF12002$11.16n/a
The 2nd largest of the 6 retail buildings we track in Coney Island: see the full list

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 Av2 min walk · Accessible station
  • W 8 St-NY Aquarium6 min walk · Not accessible
  • Neptune Av10 min walk · Not accessible

Nearby large buildings

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

  • 2022/23$792,000
  • 2023/24$792,000
  • 2024/25$792,000
  • 2025/26$792,000
  • 2026/27$792,000

Market value held steady from 2022/23 to 2026/27.

How Coney Island compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

Source: 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
All 2 building sales in Coney Island since 2016

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

  • 20213
  • 20220
  • 20230
  • 20240
  • 20251
  • 2026 to date0

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.

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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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