Office building with commercial space · Midwood, Brooklyn
1651 Coney Island Avenue
Brooklyn, NY 11230
1651 Coney Island Avenue is a 5-floor office building with commercial space in Midwood, Brooklyn, built in 1991, with about 46,000 square feet of office space according to city records.
Also at 1651-1655 Coney Island Avenue.
- Office space
- 46K SF
- Floors
- 5
- Year built
- 1991
- Zoning
- R7A
The 3rd largest of the 3 office buildings we track in Midwood. Compare it with 3 neighbors
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Compared with its neighbors
How 1651 Coney Island Avenue compares
Next to the 3 nearest large commercial buildings, all within a 15 minute walk, 1651 Coney Island Avenue is the smallest by commercial floor area. It went up in 1991; the median neighbor dates from 2017. Its estimated property tax, about $6.11 a square foot of floor area before abatements, is below the neighbors' median of $7.35.
| Building | Commercial space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1651 Coney Island Avenue | 47K SF | 5 | 1991 | $6.11 | Dec 2005, $7.7M |
| 1296 East 14th Street | 97K SF | 4 | 1934 | $7.35 | Feb 2024, $46.9M |
| 1538 Coney Island Avenue | 181K SF | 10 | 2017 | $11.02 | n/a |
| 1249 Coney Island Avenue | 52K SF | 4 | 2019 | $7.34 | 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
- Other address
- 1651-1655 Coney Island Avenue
- ZIP code
- 11230
- Building type
- Office building with commercial space (city class O5)
- Total floor area
- 46,700 SF
- Commercial floor area
- 46,700 SF
- Office
- 46,000 SF
- Retail
- 700 SF
- Height
- 5 floors
- Average floor
- About 9,300 SF (floor area divided by floors)
- Year built
- 1991
- Last major alteration
- 2005
- Lot area
- 7,500 SF
- Zoning district
- R7A
- Built FAR
- 6.23
- Tax lot (BBL)
- 3067400085
Nearest subway
- Avenue M
- Avenue J
- Avenue N
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 1651 Coney Island Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across Midwood
- 3.9%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Midwood? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-09. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists MB OFFICE LLC as the owner of record. For tax year 2026/27 the city values 1651 Coney Island Avenue at $6.04 million and assesses it at $2.72 million. After phase-ins and exemptions its taxable value is $2.63 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 $285,134 a year before abatements, roughly $6.11 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
- MB OFFICE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $6,035,000
- Land market value
- $563,000
- Assessed value
- $2,715,750
- Taxable value (phased in)
- $2,628,450
- Estimated yearly tax
- About $285,134
- Tax per SF of floor area
- About $6.11
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 2026-10-09; 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
1651 Coney Island Avenue last sold in December 2005 for $7.65 million, according to the deed recorded with the city. 1651 CONEY ISLAND ASSOCIATES LLC sold it to MB OFFICE LLC. That comes to about $164 per square foot of floor area.
- Last sale (deed date)
- December 13, 2005
- Price
- $7,650,000
- Price per SF of floor area
- About $164
- Seller
- 1651 CONEY ISLAND ASSOCIATES LLC
- Buyer
- MB OFFICE LLC
- Deed recorded
- March 9, 2006
- ACRIS document
- 2005122200907001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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 energy benchmarking (Local Law 84)
Energy score, grade and emissions
1651 Coney Island Avenue reported an ENERGY STAR score of 88 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 53 kBtu per square foot, 40% below the national median of 87.9 for a similar property. Its greenhouse gas emissions were about 196 metric tons of CO2e (4.53 kg per square foot).
- ENERGY STAR score (2024)
- 88 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Mixed Use Property
- Site energy use intensity
- 53 kBtu/SF
- National median for the type
- 87.9 kBtu/SF
- Greenhouse gas emissions
- 196 t CO2e
- Emissions per SF
- 4.53 kg CO2e
- Floor area in the filing
- 43,220 SF
ENERGY STAR score by year
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 1651 Coney Island Avenue. A sidewalk shed permit here is active until December 29, 2026.
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 0
- Facade and sidewalk jobs, last 24 months
- 1
- Sidewalk shed permit
- Active until Dec 29, 2026
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 2026-10-09 (permits issued through 2026-10-06). 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 1651 Coney Island Avenue
How big is 1651 Coney Island Avenue?
1651 Coney Island Avenue has about 47,000 square feet of floor area in total, including 46,000 square feet of office and 1,000 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 1651 Coney Island Avenue built?
City records list 1991 as the year built, with a major alteration recorded in 2005. The building is 5 floors tall.
What other addresses does 1651 Coney Island Avenue have?
City records list 1651-1655 Coney Island Avenue on the same tax lot (BBL 3067400085) as 1651 Coney Island Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1651 Coney Island Avenue?
1651 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 1651 Coney Island Avenue, Brooklyn, NY 11230, in Midwood.
What is the zoning at 1651 Coney Island Avenue?
The lot is in the R7A zoning district. PLUTO lists a built floor area ratio (FAR) of 6.23 for this lot.
What subway station is closest to 1651 Coney Island Avenue?
The closest subway station to 1651 Coney Island Avenue is Avenue M (the Q train), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: Avenue J (the Q train), 11 min walk; Avenue N (the F train), 12 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 1651 Coney Island Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists MB OFFICE LLC as the owner of record of 1651 Coney Island Avenue (BBL 3067400085). 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 1651 Coney Island Avenue last sold?
1651 Coney Island Avenue last sold in December 2005 for $7.65 million, according to the deed recorded with the city. 1651 CONEY ISLAND ASSOCIATES LLC sold it to MB OFFICE LLC. That comes to about $164 per square foot of floor area. The deed is ACRIS document 2005122200907001 (BBL 3067400085) 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.
What is the energy grade of 1651 Coney Island Avenue?
1651 Coney Island Avenue reported an ENERGY STAR score of 88 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 88 earns an A. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 53 kBtu per square foot, 40% below the national median of 87.9 for a similar property. Its greenhouse gas emissions were about 196 metric tons of CO2e (4.53 kg per square foot).
Is there construction at 1651 Coney Island Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 1651 Coney Island Avenue. A sidewalk shed permit here is active until December 29, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 3067400085. 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 1651 Coney Island Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.63 million for 1651 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 $285,134 a year, roughly $6.11 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3067400085 show the actual bill.
What is the assessed value of 1651 Coney Island Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1651 Coney Island Avenue at $6.04 million ($563,000 of it land) and its assessed value at $2.72 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 35% from 2022/23 ($4.46 million) to 2026/27.
Are there vacant storefronts at 1651 Coney Island Avenue?
Owners registered one storefront at 1651 Coney Island Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 1651 Coney Island Avenue?
No space at 1651 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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