Self-storage building · Coney Island, Brooklyn

2964 Shell Road

Brooklyn, NY 11224

2964 Shell Road is a 7-floor self-storage building in Coney Island, Brooklyn, built in 2015, with about 141,000 square feet of industrial and storage space according to city records.

Industrial and storage space
141K SF
Floors
7
Year built
2015
Zoning
M1-2

Industrial and storage space next to its nearest neighbors

  1. 1739 Neptune Avenue10 min walk160K SF
  2. 2964 Shell RoadThis building141K SF
  3. 2400 Cropsey Avenue12 min walk96K SF
  4. 2829 West 21st Street12 min walk70K SF

The 2nd largest of the 4 industrial and storage buildings we track in Coney Island. Compare it with 3 neighbors

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Compared with its neighbors

How 2964 Shell Road compares

Next to the 3 nearest large industrial and storage buildings, all within a 12 minute walk, 2964 Shell Road ranks 2nd of 4 by industrial and storage floor area. It went up in 2015; the median neighbor dates from 2006. Its estimated property tax, about $5.62 a square foot of floor area before abatements, is above the neighbors' median of $3.12.

2964 Shell Road and the 3 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
2964 Shell RoadThis building141K SF72015$5.62Jan 2016, $48.5M
1739 Neptune Avenue10 min walk160K SF72016$5.42n/a
2400 Cropsey Avenue12 min walk96K SF52006$3.12Nov 2011, $40.8M
2829 West 21st Street12 min walk70K SF21960$2.31Jun 2008, $7M
The 2nd largest of the 4 industrial and storage 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

ZIP code
11224
Building type
Self-storage building (city class E7)
Total floor area
140,805 SF
Commercial floor area
140,805 SF
Industrial and storage
140,805 SF
Height
7 floors
Average floor
About 20,100 SF (floor area divided by floors)
Year built
2015
Lot area
46,978 SF
Zoning district
M1-2
Built FAR
3
Max commercial FAR
2
Tax lot (BBL)
3072470105

Nearest subway

  • Neptune Av2 min walk · Not accessible
  • W 8 St-NY Aquarium6 min walk · Not accessible
  • Coney Island-Stillwell Av6 min walk · Accessible station

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered one storefront at 2964 Shell Road for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2025
1
Vacant that day
0
Share vacant across Coney Island
16.9%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 1
  • 2020None registered
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1
  • 20250 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 CUBESMART, L.P. as the owner of record. For tax year 2026/27 the city values 2964 Shell Road at $26 million and assesses it at $11.7 million. After phase-ins and exemptions its taxable value is $7.29 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 $790,790 a year before abatements, roughly $5.62 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
CUBESMART, L.P.
Tax class
Class 4 (commercial and industrial)
City market value
$25,990,000
Land market value
$2,430,000
Assessed value
$11,695,500
Taxable value (phased in)
$7,289,730
Estimated yearly tax
About $790,790
Tax per SF of floor area
About $5.62

City market value by tax year

  • 2022/23$12 million
  • 2023/24$13.5 million
  • 2024/25$14.1 million
  • 2025/26$15.4 million
  • 2026/27$26 million

Market value rose 117% from 2022/23 ($12 million) 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

2964 Shell Road last sold in January 2016 for $48.5 million, according to the deed recorded with the city. 809 NEPTUNE AVE LLC sold it to CUBESMART, L.P.. That comes to about $344 per square foot of floor area.

Last sale (deed date)
January 8, 2016
Price
$48,500,000
Price per SF of floor area
About $344
Seller
809 NEPTUNE AVE LLC
Buyer
CUBESMART, L.P.
Deed recorded
February 3, 2016
ACRIS document
2016010800732002
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 energy benchmarking (Local Law 84)

Energy use and emissions

2964 Shell Road's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 6.1 kBtu per square foot, less than half the national median of 18.5 for a similar property. Its greenhouse gas emissions were about 92.2 metric tons of CO2e (0.65 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Self-Storage Facility
Site energy use intensity
6.1 kBtu/SF
National median for the type
18.5 kBtu/SF
Greenhouse gas emissions
92.2 t CO2e
Emissions per SF
0.65 kg CO2e
Floor area in the filing
140,805 SF

Energy sources in 2024

  • Electricity88%
  • Natural gas12%

Share of the energy used on site, as filed.

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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 2964 Shell Road comes to about 69 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 600 tons for 2024 to 2029 (12% of the limit), so it would owe no penalty. From 2030 the limit drops to 86 tons and the same energy use counts as about 37 tons, still under the limit.

Period
2024 to 2029
Emissions limit
600 t CO2e
Estimated emissions
69 t CO2e
Under the limit by
531 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
86 t CO2e
Estimated emissions
37 t CO2e
Under the limit by
49 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Self-Storage Facility 140,805 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

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No industrial and storage space listed in Coney Island yet

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Before you sign

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Questions about 2964 Shell Road

How big is 2964 Shell Road?

2964 Shell Road has about 141,000 square feet of floor area in total, including 141,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 2964 Shell Road built?

City records list 2015 as the year built. The building is 7 floors tall.

What is the ZIP code of 2964 Shell Road?

2964 Shell Road 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 full mailing address is 2964 Shell Road, Brooklyn, NY 11224, in Coney Island.

What is the zoning at 2964 Shell Road?

The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 3 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 2964 Shell Road?

The closest subway station to 2964 Shell Road is Neptune Av (the F train), about 650 feet away in a straight line, roughly 2 minutes on foot. Also nearby: W 8 St-NY Aquarium (the F and Q trains), 6 min walk; Coney Island-Stillwell Av (the D, F, N and Q trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 2964 Shell Road?

The NYC Department of Finance's 2026/27 assessment roll lists CUBESMART, L.P. as the owner of record of 2964 Shell Road (BBL 3072470105). 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 2964 Shell Road last sold?

2964 Shell Road last sold in January 2016 for $48.5 million, according to the deed recorded with the city. 809 NEPTUNE AVE LLC sold it to CUBESMART, L.P.. That comes to about $344 per square foot of floor area. The deed is ACRIS document 2016010800732002 (BBL 3072470105) 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.

Does 2964 Shell Road have an energy grade?

2964 Shell Road's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 6.1 kBtu per square foot, less than half the national median of 18.5 for a similar property. Its greenhouse gas emissions were about 92.2 metric tons of CO2e (0.65 kg per square foot).

Does 2964 Shell Road meet Local Law 97?

At its 2024 energy use, 2964 Shell Road comes to about 69 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 600 tons for 2024 to 2029 (12% of the limit), so it would owe no penalty. From 2030 the limit drops to 86 tons and the same energy use counts as about 37 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

What are the property taxes at 2964 Shell Road?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.29 million for 2964 Shell Road. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $790,790 a year, roughly $5.62 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3072470105 show the actual bill.

What is the assessed value of 2964 Shell Road?

For tax year 2026/27, the NYC Department of Finance puts the market value of 2964 Shell Road at $26 million ($2.43 million of it land) and its assessed value at $11.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 117% from 2022/23 ($12 million) to 2026/27.

Are there vacant storefronts at 2964 Shell Road?

Owners registered one storefront at 2964 Shell Road for December 31, 2025, 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 industrial and storage space for lease at 2964 Shell Road?

No space at 2964 Shell Road 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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