Retail building · Coney Island, Brooklyn

2965 Cropsey Avenue

Brooklyn, NY 11214

2965 Cropsey Avenue is a 1-floor retail building in Coney Island, Brooklyn, built in 1970, with about 46,000 square feet of retail space according to city records.

Also at 2965-2997 Cropsey Avenue.

Retail space
46K SF
Floors
1
Year built
1970
Zoning
M2-1

Retail space next to its nearest neighbors

  1. 2970 Cropsey Avenue3 min walk149K SF
  2. 2965 Cropsey AvenueThis building46K SF
  3. 1509 Hart Place1 min walk39K SF
  4. 1204 Neptune Avenue7 min walk37K SF

The 4th 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 2965 Cropsey Avenue compares

Next to the 5 nearest large retail buildings, all within a 14 minute walk, 2965 Cropsey Avenue ranks 4th of 6 by retail floor area. It went up in 1970; the median neighbor dates from 1959. Its estimated property tax, about $12.49 a square foot of floor area before abatements, is above the neighbors' median of $9.64.

2965 Cropsey Avenue and the 5 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingRetail spaceFloorsBuiltTax / SFLast sale
2965 Cropsey AvenueThis building46K SF11970$12.49n/a
1509 Hart Place1 min walk39K SF11959$15.16Jun 2020, $18.3M
2970 Cropsey Avenue3 min walk149K SF12002$11.16n/a
1204 Neptune Avenue7 min walk37K SF11961$8.11n/a
Coney Island Theater Building, 1301 Surf Avenue10 min walk116K SF71925$0.33Dec 2015, $14M
Child's Restaurant Building, 3052 West 21st Street14 min walk56K SF31923Exemptn/a
The 4th 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

Other address
2965-2997 Cropsey Avenue
ZIP code
11214
Building type
Retail building (city class K1)
Total floor area
46,000 SF
Commercial floor area
46,000 SF
Retail
46,000 SF
Height
1 floor
Year built
1970
Lot area
112,220 SF
Zoning district
M2-1
Built FAR
0.41
Max commercial FAR
2
Tax lot (BBL)
3069970300

Nearest subway

  • Coney Island-Stillwell Av8 min walk · Accessible station
  • Bay 50 St9 min walk · Not accessible
  • Neptune Av12 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; 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 CROSS PATH RLTY as the owner of record. For tax year 2026/27 the city values 2965 Cropsey Avenue at $13.6 million and assesses it at $6.12 million. After phase-ins and exemptions its taxable value is $5.29 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 $574,330 a year before abatements, roughly $12.49 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
CROSS PATH RLTY
Tax class
Class 4 (commercial and industrial)
City market value
$13,606,000
Land market value
$2,782,000
Assessed value
$6,122,700
Taxable value (phased in)
$5,294,340
Estimated yearly tax
About $574,330
Tax per SF of floor area
About $12.49

City market value by tax year

  • 2022/23$10 million
  • 2023/24$11.3 million
  • 2024/25$11.5 million
  • 2025/26$12.4 million
  • 2026/27$13.6 million

Market value rose 36% from 2022/23 ($10 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 Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 2965 Cropsey Avenue in the 12 months to October 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in September 2025 (construction, plumbing; filed cost estimate $290,000).

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
September 2025
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
1

Recent build-outs

  • Floor 1September 2025Construction, Plumbing; est. $290,000

New jobs by year

  • 20210
  • 20222
  • 20230
  • 20240
  • 20254
  • 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.

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Questions about 2965 Cropsey Avenue

How big is 2965 Cropsey Avenue?

2965 Cropsey Avenue has about 46,000 square feet of floor area in total, including 46,000 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 2965 Cropsey Avenue built?

City records list 1970 as the year built. The building is 1 floor tall.

What other addresses does 2965 Cropsey Avenue have?

City records list 2965-2997 Cropsey Avenue on the same tax lot (BBL 3069970300) as 2965 Cropsey Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 2965 Cropsey Avenue?

2965 Cropsey Avenue is in ZIP code 11214, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 2965 Cropsey Avenue, Brooklyn, NY 11214, in Coney Island.

What is the zoning at 2965 Cropsey Avenue?

The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.41 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 2965 Cropsey Avenue?

The closest subway station to 2965 Cropsey Avenue is Coney Island-Stillwell Av (the D, F, N and Q trains), about 0.4 miles away in a straight line, roughly 8 minutes on foot. The MTA lists it as an accessible station. Also nearby: Bay 50 St (the D train), 9 min walk; Neptune Av (the F train), 12 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 2965 Cropsey Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists CROSS PATH RLTY as the owner of record of 2965 Cropsey Avenue (BBL 3069970300). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Is there construction at 2965 Cropsey Avenue?

The Department of Buildings issued no permits for new jobs at 2965 Cropsey Avenue in the 12 months to October 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in September 2025 (construction, plumbing; filed cost estimate $290,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3069970300. 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 2965 Cropsey Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.29 million for 2965 Cropsey Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $574,330 a year, roughly $12.49 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3069970300 show the actual bill.

What is the assessed value of 2965 Cropsey Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 2965 Cropsey Avenue at $13.6 million ($2.78 million of it land) and its assessed value at $6.12 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 36% from 2022/23 ($10 million) to 2026/27.

Is there retail space for lease at 2965 Cropsey Avenue?

No space at 2965 Cropsey 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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