Office building with commercial space · Midwood, Brooklyn
1538 Coney Island Avenue
Brooklyn, NY 11230
1538 Coney Island Avenue is a 10-floor office building with commercial space in Midwood, Brooklyn, built in 2017, with about 84,000 square feet of office space according to city records.
- Office space
- 84K SF
- Floors
- 10
- Year built
- 2017
- Zoning
- C8-2
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Compared with its neighbors
How 1538 Coney Island Avenue compares
Next to the 2 nearest large commercial buildings, all within a 10 minute walk, 1538 Coney Island Avenue is the largest by commercial floor area.
| Building | Commercial space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 1538 Coney Island Avenue | 181K SF | 10 | 2017 | $11.02 |
| 1296 East 14th Street | 97K SF | 4 | 1934 | $7.35 |
| 1249 Coney Island Avenue | 52K SF | 4 | 2019 | $7.34 |
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). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- ZIP code
- 11230
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 215,379 SF
- Commercial floor area
- 180,806 SF
- Office
- 83,850 SF
- Retail
- 62,964 SF
- Height
- 10 floors
- Year built
- 2017
- Lot area
- 34,000 SF
- Zoning district
- C8-2
- Built FAR
- 6.33
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3065360045
Nearest subway
- Avenue M
- Avenue J
- Bay Pkwy
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 TRIANGLE 613, LLC as the owner of record. For tax year 2026/27 the city values 1538 Coney Island Avenue at $48.6 million and assesses it at $21.9 million. After phase-ins and exemptions its taxable value is $21.9 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $2.37 million a year before abatements, roughly $11.02 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
- TRIANGLE 613, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $48,604,400
- Land market value
- $2,123,000
- Assessed value
- $21,871,980
- Estimated yearly tax
- About $2.37 million
- Tax per SF of floor area
- About $11.02
City market value by tax year
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 2026-10-05; 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 Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 1538 Coney Island Avenue in the 12 months to October 2026; the last one was first permitted in February 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- February 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across MidwoodWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-05 (permits issued through 2026-10-02). 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.
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Questions about 1538 Coney Island Avenue
How big is 1538 Coney Island Avenue?
1538 Coney Island Avenue has about 215,000 square feet of floor area in total, including 84,000 square feet of office and 63,000 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 1538 Coney Island Avenue built?
City records list 2017 as the year built. The building is 10 floors tall.
What is the ZIP code of 1538 Coney Island Avenue?
1538 Coney Island Avenue is in ZIP code 11230, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1538 Coney Island Avenue, Brooklyn, NY 11230, in Midwood.
What is the zoning at 1538 Coney Island Avenue?
The lot is in the C8-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 6.33 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 1538 Coney Island Avenue?
The closest subway station to 1538 Coney Island Avenue is Avenue M (the Q train), about 0.3 miles away in a straight line, roughly 7 minutes on foot. Also nearby: Avenue J (the Q train), 8 min walk; Bay Pkwy (the F train), 11 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 1538 Coney Island Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists TRIANGLE 613, LLC as the owner of record of 1538 Coney Island Avenue (BBL 3065360045). 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.
Is there construction at 1538 Coney Island Avenue?
The Department of Buildings issued no permits for new jobs at 1538 Coney Island Avenue in the 12 months to October 2026; the last one was first permitted in February 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 3065360045. 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 1538 Coney Island Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $21.9 million for 1538 Coney Island Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.37 million a year, roughly $11.02 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3065360045 show the actual bill.
What is the assessed value of 1538 Coney Island Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1538 Coney Island Avenue at $48.6 million ($2.12 million of it land) and its assessed value at $21.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 1000% from 2022/23 ($4.42 million) to 2026/27.
Is there office space for lease at 1538 Coney Island Avenue?
No space at 1538 Coney Island 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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Transit hubs in Midwood
- Q at Avenue J
- Q at Avenue H
- Q at Avenue M