486 Neptune Avenue
What the numbers say
Generated from this property's own figures using the rules set out in our methodology. Every statement below refers to a number shown on this page.
Already larger than residential zoning would allow
The building occupies a floor-area ratio of 4.42, against a residential limit of 2.43 — it is over that limit by 1.99. A building in this position almost always predates the current rules and is legally non-conforming: it may generally remain, but it typically cannot be enlarged for residential use, and it may not be rebuildable as it stands. A higher limit of 4.80 does apply to community-facility use, which produces an apparent 80,384 sq ft of headroom — but that is not residential floor area and is not interchangeable with it. Reading that number as room for more apartments is the most expensive mistake available in this data.
A material outstanding penalty balance
7 open violations carry an outstanding balance of $5,000.00. A balance at this level belongs in the price of any decision about this building. Note that this figure covers enforcement penalties only — it does not include unpaid property tax or water and sewer arrears, which are not shown anywhere on this page and are frequently the larger number.
Development & zoning
Floor-area ratio
| Built | 4.42 |
|---|---|
| Residential limit | 2.43 |
| Commercial limit | 0.00 |
| Community-facility limit | 4.80 |
Development headroom (calculated) calculated
| Highest permitted ratio | 4.80 |
|---|---|
| Unused ratio | 0.38 |
| Unused buildable area | 80,384 sq ft |
| Lot area | 211,538 sq ft |
Value & taxes
Assessment
| Assessed total | $74,308,971 |
|---|---|
| Assessed land | $2,971,804 |
| Assessed building | $71,337,167 |
| Market value on record | $0 |
| Assessed as % of market | — |
Tax
| Tax class | 2 |
|---|---|
| Taxable assessed | $0 |
| Tax rate | 12.502% |
| Estimated annual levy | — |
The levy is an estimate — taxable value × the published rate for the class. It does not account for exemptions or abatements the property may carry, and will not match an actual bill. It is not the property's total debt to the city: unpaid tax and water arrears are not shown anywhere on this page.
Assessed value by year
| Year | Assessed value | Change |
|---|---|---|
| 2027 | $0 | — |
| 2026 | $0 | — |
| 2025 | $0 | — |
| 2024 | $0 | — |
| 2023 | $0 | — |
Building & occupancy
Structure
| Year built | 1964 |
|---|---|
| Floors | 22 |
| Building area | 934,702 sq ft |
| Residential area | 562,706 sq ft |
| Commercial area | 371,996 sq ft |
Occupancy
| Ownership | Condominium |
|---|---|
| Total units | 503 |
| Residential units | 499 |
| Residential Avg unit size | 1,128 sq ft (calculated) |
| Commercial Avg unit size | 92,999 sq ft (calculated) |
| Building class | RM |
Neighborhood, risk & energy
Neighborhood & transit
| Nearest subway | Neptune Av (F) — 0.13 mi |
|---|---|
| School district | 21 |
| Police precinct | 60 |
| Nearest firehouse | Battalion 43/Engine 245/Ladder 161 — 2929 W. 8th Street |
Location risk
| Flood zone | High-risk (Zone AE) |
|---|---|
| Hurricane evacuation zone | Zone 1 |
| Projected floodplain | In the projected 2050s floodplain |
| City emergency repairs | 1 orders — $310 billed (through 2021) |
Energy & emissions
| Energy use intensity | 30.7 kBtu/ft² |
|---|---|
| Greenhouse-gas emissions | 2,399 metric tons/yr |
Comparable sales
| Address | Sale date | Price | Sq ft | $/sq ft |
|---|---|---|---|---|
| 2944 West 5 Street, 21c | 2026-06-10 | $460,000 | — | — |
| 2928 West 5 Street, 9g | 2026-05-27 | $335,000 | — | — |
| 2930 West 5th Street, 23k | 2026-05-20 | $480,000 | — | — |
| 2940 West 5th Street, 2a | 2026-05-20 | $240,000 | — | — |
| 2932 West 5th Stret, 4h | 2026-05-20 | $283,000 | — | — |
| 2932 West 5 Street, 15h | 2026-05-06 | $315,000 | — | — |
| 2940 West 5 Street, 5g | 2026-05-06 | $375,000 | — | — |
| 2942 West 5 Street, 8g | 2026-05-06 | $330,000 | — | — |
Record activity
Compliance calculated
| Open violations | 7 |
|---|---|
| Open per residential unit | 0.0 (calculated) |
| Enforcement penalties | $5,000.00 |
| Safety-violation penalties | Not available |
| Total penalties owed | $11,000.00 (calculated) |
| On tax-lien sale list | No |
Activity
| Complaints recorded | 665 |
|---|---|
| Permits / alterations | 125 |
| Recorded documents | 0 |
| Legal proceedings | 0 |
Total penalties owed combines two separate debts — enforcement penalties (from summonses) and safety-violation penalties (unfiled inspections and reports on boilers, elevators, facades and energy use). The second kind accrues quietly and is routinely missed; it is a standing debt on the building, not a fine someone can walk away from. The safety figure could not be retrieved for this property, so no total is shown — we would rather show nothing than a total that silently omits it. Neither figure includes unpaid property tax or water and sewer arrears, which are frequently the largest number of all and appear nowhere on this page. For a true payoff figure, go to the city directly.
Ownership & last recorded sale
Owner of record
| Owner | Unavailable Owner |
|---|---|
| Parcel | 3072737501 |
| Block | 7273 |
| Lot | 7501 |
Last recorded transfer
| Date | — |
|---|---|
| Recorded price | — |
| Price per unit | Not meaningful |
| Price vs assessed | Not meaningful |
Owner of record comes from the public land-use record and may lag a recent sale. It is frequently a holding company rather than an individual. If you own or manage this property and believe something here is wrong, tell us — we read and respond to every message of that kind.
Open violations
Open violations only. A violation that was raised and later corrected is not counted — an older building accumulates hundreds of those, and the number says more about its age than its condition.
| Issued | Category | Class | Status | Amount due | Description |
|---|---|---|---|---|---|
| 17 Mar 2026 | Building | AEUHAZ | Active | — | FTC-AEU-HAZ |
| 14 Nov 2025 | Building | Boiler | Active | — | VIOLATION ISSUED-FAILURE TO FILE 2024 EXTERNAL LOW PRESSURE INSPECTION |
| 22 Jan 2025 | Building | — | V-Building VIOLATION - ACTIVE | — | VIO25-50443 |
| 10 Jan 2025 | Enforcement | CLASS - 1 | ACTIVE | $5,000 | RESPONDING TO AN INCIDENT WORKER FELL FROM SCAFFOLD, INVESTIGATION REVEAL THAT WORKER WAS DISMANTLING SCAFFOLD, WHILE LOWERING METAL DECKING WITH PULLY FRAME GOT LOOSE AND THE WORKER FELL. UPON REQUEST FOR SITE |
| 22 Jul 2024 | Enforcement | CLASS - 2 | ACTIVE | — | WHILE CONDUCTING A PERIMETER INSPECTION OF AND ACTIVE JOB SITE, I OBSERVED THAT THE SIDEWALK SHED PARAPET PANELS HAD UNAUTHORIZED ADVERTISEMENTS HANGING ON EXPOSURES 1 AND 4 COMPLY WITH CODE |
| 3 Nov 2022 | Enforcement | CLASS - 1 | ACTIVE | — | OBSERVED ACTIVE CONSTRUCTION SITE WITH EXISTING OCCUPIED BUILDING ADJOINING SITE AT EXP 2. OBSERVED CONSTRUCTION FENCE IN PLACE BLOCKING THE EXISTING EGRESS FROM BACK DOOR AT CORNER OF EXP 2&3 AND AS PER PROVID |
| 28 Oct 2022 | Enforcement | CLASS - 2 | ACTIVE | — | FAILURE TO SAFE GUARD ALL PERSONS AFFECTED BY CONSTRUCTION OPERATIONS. AT TIME OF INSPECTION COMMERCIAL SPACE "NETCOST" REAR EXIT FOR WORKERS DISCHARGED INTO OPEN LOT AT EXPO#4, ONGOING CONSTRUCTION WORK ERECTE |
Complaints
A complaint is an allegation, not a finding — many are dismissed. A sustained pattern is nevertheless informative about how a building is run.
| Date | Problem | Type | Status | Closed |
|---|---|---|---|---|
| 5 Aug 2026 | Weeds or Grass | Obstruction | In Progress | — |
| 26 Jul 2026 | Blocked Hydrant | Illegal Parking | Closed | 26 Jul 2026 |
| 22 Jul 2026 | 1 or 2 | Food Poisoning | Closed | 23 Jul 2026 |
| 20 Jul 2026 | Noise, Barking Dog (NR5 | Noise | Closed | 22 Jul 2026 |
| 19 Jul 2026 | Loud Music/Party | Noise - Commercial | Closed | 19 Jul 2026 |
| 18 Jul 2026 | Parking Permit Improper Use | Illegal Parking | Closed | 18 Jul 2026 |
| 11 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 11 Jul 2026 |
| 10 Jul 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 10 Jul 2026 |
| 6 Jul 2026 | Building Shaking/Vibrating/Structural Stability | General Construction/Plumbing | Closed | 8 Jul 2026 |
| 5 Jul 2026 | Blocked Hydrant | Illegal Parking | Closed | 5 Jul 2026 |
| 5 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 5 Jul 2026 |
| 5 Jul 2026 | Elevator - Multiple Devices On Property | Elevator | Open | 5 Jul 2026 |
| 3 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 3 Jul 2026 |
| 3 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 3 Jul 2026 |
| 3 Jul 2026 | Blocked Bike Lane | Illegal Parking | Closed | 3 Jul 2026 |
| 30 Jun 2026 | Noise: air condition/ventilation equipment (NV1 | Noise | Closed | 13 Jul 2026 |
| 9 Jun 2026 | Pothole | Street Condition | Closed | 10 Jun 2026 |
| 8 Jun 2026 | Posted Parking Sign Violation | Illegal Parking | Closed | 9 Jun 2026 |
| 7 Jun 2026 | Blocked Bike Lane | Illegal Parking | Closed | 7 Jun 2026 |
| 7 Jun 2026 | Blocked Bike Lane | Illegal Parking | Closed | 7 Jun 2026 |
| 7 Jun 2026 | Blocked Bike Lane | Illegal Parking | Closed | 7 Jun 2026 |
| 1 Jun 2026 | Blocked Bike Lane | Illegal Parking | Closed | 2 Jun 2026 |
| 24 May 2026 | Neglected | Animal-Abuse | Closed | 24 May 2026 |
| 20 May 2026 | Merchandise | Obstruction | Closed | 22 May 2026 |
| 19 May 2026 | Noise: Jack Hammering (NC2 | Noise | Closed | 20 May 2026 |
| 19 May 2026 | Drug Store or Pharmacy | Consumer Complaint | Closed | 22 May 2026 |
| 19 May 2026 | Noise: Construction Before/After Hours (NM1 | Noise | Closed | 22 May 2026 |
| 19 May 2026 | Cons - Contrary/Beyond Approved Plans/Permits | General Construction/Plumbing | Closed | 30 Jun 2026 |
| 19 May 2026 | Banging/Pounding | Noise - Residential | Closed | 19 May 2026 |
| 19 May 2026 | SIGNAGE MISSING | GENERAL | Closed | 19 May 2026 |
| 18 May 2026 | Blocked Bike Lane | Illegal Parking | Closed | 19 May 2026 |
| 18 May 2026 | Noise: Construction Equipment (NC1 | Noise | Closed | 20 May 2026 |
| 9 May 2026 | Blocked Bike Lane | Illegal Parking | Closed | 9 May 2026 |
| 9 May 2026 | Double Parked Blocking Vehicle | Illegal Parking | Closed | 9 May 2026 |
| 9 May 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 9 May 2026 |
| 8 May 2026 | Blocked Sidewalk | Illegal Parking | Closed | 8 May 2026 |
| 6 May 2026 | 1 or 2 | Food Poisoning | Closed | 7 May 2026 |
| 28 Apr 2026 | Double Parked Blocking Traffic | Illegal Parking | Closed | 28 Apr 2026 |
| 26 Apr 2026 | Parking Permit Improper Use | Illegal Parking | Closed | 26 Apr 2026 |
| 25 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 25 Apr 2026 |
| 25 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 25 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Street/Sidewalk | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
| 16 Apr 2026 | Loud Music/Party | Noise - Residential | Closed | 16 Apr 2026 |
Showing the 50 most recent of 150. The full set is available in the interactive report.
Permits & alterations
The absence of a permit does not prove no work was done — it may equally mean work was done without one.
| Issued | Type | Status | Work |
|---|---|---|---|
| 16 Jun 2026 | Plumbing | Permit Issued | PLUMBING APPLICATION FILED IN CONJUNCTION WITH APPLICATION job # B01305717-I1 |
| 4 Jun 2026 | Plumbing | Permit Issued | SUBSEQUENT PLUMBING APPLICATION IN CONJUNCTION WITH GC #B01353208-I1 (RESTAURANT ). NEW COMMERCIAL KITCHEN WITH NEW COOKING EQUIPMENT IS PROPOSED. NEW ELECTRIC HOT WATER HEATER IS PROPOSED. NB APPLICATION APPROVED IN 2015 UNDER JOB NUMBER 320622714 |
| 7 May 2026 | General Construction | Permit Issued | proposed Interior renovation to existing Commercial space , no changes in occupancy, use or egress |
| 1 May 2026 | General Construction | Permit Issued | Proposed interior renovation to existing commercial space, no proposed changes to occupancy, use or egress. In conjunction with NB# 320622714 |
| 22 Apr 2026 | Mechanical Systems | Permit Issued | Mechanical system fit-out of retail space. General construction filed under NB# 320622714. No change in egress, use or occupancy |
| 10 Mar 2026 | Structural | Permit Issued | Structural work for retail mezzanines. In conjunction with NB# 320622714. No change in egress, use or occupancy |
| 15 Jan 2026 | Curb Cut | Permit Issued | New 12 ft curb cut (with splays) on West 6th Street in conjunction with NB #320622714 |
| 14 Nov 2024 | Sprinklers | Signed-off | Sprinkler application is filed to add 3 new sprinkler heads and relocate of 9 sprinkler heads |
| 12 Nov 2024 | Mechanical Systems | Signed-off | Application is filed for Mechanical system at subject premises |
| 6 Nov 2024 | Plumbing | Signed-off | Modification of Plumbing fixtures on 1st floor |
| 23 Oct 2024 | General Construction | Signed-off | Application is filed for general construction at subject premises |
| 10 Sep 2024 | Supported Scaffold | Signed-off | INSTALLATION OF TEMPORARY PIPE SCAFFOLD AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 5 Sep 2024 | Solar | Permit Issued | INSTALLATION OF SOLAR PANELS ON EXISTING ROOF. NO CHANGE IN USE, OCCUPANCY, OR EGRESS. NO CHANGE IN BULK |
| 15 Jul 2024 | Sidewalk Shed | Signed-off | INSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 23 Apr 2024 | Sprinklers | Signed-off | SPRINKLER AND STANDPIPE WORK FOR PHASE 2 IN CONJUNCTION WITH NB 320622714 |
| 8 Mar 2024 | General Construction | Permit Issued | This application is filed for a Temporary Use Permit for model apartment and sales office pursuant to Section AC 28-111 and Buildings Bulletin 2010-002. Filed in conjunction with NB# 340255752 |
| 10 Jan 2024 | Construction Fence | Signed-off | Proposed plywood construction fence complying with 2014 BC Chapter 33. No change in egress, use or occupancy |
| 13 Nov 2023 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF TEMPORARY NEEDLE BEAM AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 3 Oct 2023 | Protection and Mechanical Methods | Permit Issued | Installation and use of temporary construction shanty as per plans filed herewith. This application is filed in conjunction with NB-320622714 |
| 5 Jul 2023 | Curb Cut | Permit Issued | New 52 ft curb cut (with splays) on Sheepshead Bay Road in conjunction with NB #320622714 |
| 3 May 2023 | Protection and Mechanical Methods | Signed-off | INSTALLATINO AND USE OF TEMPORARY MATERIAL PLATFORM AS PER PLANS FILED HEREWITH. NO CHANGE TO USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 8 Apr 2023 | Protection and Mechanical Methods | Signed-off | Installation of concrete placing equipment in conjunction with NB 320622714 for Tower #1. This application involves no change in egress, use or occupancy |
| 8 Apr 2023 | Protection and Mechanical Methods | Signed-off | Installation of concrete placing equipment in conjunction with NB 320622714 for Tower #2. This application involves no change in egress, use or occupancy |
| 30 Mar 2023 | Protection and Mechanical Methods | Signed-off | INSTALLATINO AND USE OF TEMPORARY MATERIAL PLATFORM AS PER PLANS FILED HEREWITH. NO CHANGE TO USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 15 Mar 2023 | Protection and Mechanical Methods | Signed-off | Installation of concrete placing equipment in conjunction with NB 320622714 for Tower #3. This application involves no change in egress, use or occupancy |
| 10 Mar 2023 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF TEMPORARY ROOF PROTECTION AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 2 Feb 2023 | Protection and Mechanical Methods | Signed-off | INSTALLATION OF TEMPORARY PERSONNEL MATERIAL HOIST AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 30 Jan 2023 | Standpipe | Signed-off | Temporary Manual Dry Standpipe in conjunction with NB#320622714 for high-rise building portion only |
| 8 Jun 2022 | Construction Fence | Signed-off | PROPOSED CONSTRUCTION FENCE. NO CHANGE TO USE, EGRESS OR OCCUPANCY UNDER THIS APPLICATION |
| 14 Mar 2022 | Foundation | Signed-off | Index pile installation in conjunction with NB#320622714. No change in egress, use or occupancy |
| 5 Nov 2021 | DM | ISSUED | — |
| 5 Nov 2021 | DM | ISSUED | — |
| 5 Nov 2021 | DM | ISSUED | — |
| 27 Oct 2021 | Sign | Signed-off | INSTALL NON- ILLUMINATED WALL SIGN (NETCOST MARKET |
| 5 Oct 2021 | General Construction | Permit Issued | Interior Demolition to a three story building |
| 27 Sep 2021 | Sidewalk Shed | Signed-off | INSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLANS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 19 Aug 2021 | Sprinklers | Permit Issued | CAP AND REMOVAL OF WET SPRINKLER SYSTEM FROM 3RD TO 1ST LEVEL AT EXISTING3-STORY BUILDING. THIS JOB IS IN-CONJUNCTION WITH FULL DEMOLITION JOB#321989997. NO CHANGE OF USE, EGRESS, OR OCCUPANCY UNDER THIS APPLICATION |
| 17 Aug 2021 | Plumbing | Permit Issued | Plumbing/sprinkler application in conjunction with approved app B00445171-I1 |
| 26 Jul 2021 | Sign | Permit Issued | Propose to install sign. No change in use, egress, or occupancy |
| 23 Jul 2021 | General Construction | Signed-off | DECOMMISSION OF EXISTING SPRINT TELECOM SITE. REMOVE ALL ANTENNAS AND EQUIPMENT FROM THE ROOF. NO CHANGE IN USE, EGRESS OR OCCUPANCY. ORIGINAL INSTALLATION APPROVED UNDER APPLICATION #301329159 |
| 17 Jun 2021 | Sign | Permit Issued | Install illuminated non-advertising business accessory sign on the wall . Copy : kartina.tv |
| 21 Apr 2021 | General Construction | Permit Issued | ALTERATION TYPE II - INTERIOR RENOVATION OF AN EXISTING RETAIL STORE AS PER CERTIFICTE OF OCCUPANCY #320622714T010 DATED 10.30.20. NO CHANGE IN USE OR OCCUPANCY. NO INCREASE IN BULK OR FAR.EXISTING BUILDING COMPLIES WITH FLOOD ZONE REGULATIONS |
| 26 Jan 2021 | Sign | Signed-off | ILLUMINATED NON ADVERTISING ACCESSORY WALL SIGN - INSIDE PROEPRTY LINE - TRISTANOS - NO CHANGE TO USE, EGRESS, OR OCCUPANCY |
| 16 Dec 2020 | Plumbing | Signed-off | PLUMBING WORK TYPE IS FILED IN CONJUCTION WITH #340777403. NO CHANGE IN USE, EGRESSS OR OCCUPANCY |
| 18 Nov 2020 | A2 | ISSUED | — |
| 24 Jul 2020 | Sign | Signed-off | INSTALL ILLUMINATED WALL SIGN (NETCOST MARKET |
| 11 Dec 2019 | Sign | Signed-off | INSTALLATION OF AN ILLUMINATED CHANNEL LETTER SIGN WORDING BROTHERS BAGELS. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 22 Nov 2019 | Sprinklers | Signed-off | APPLICATION FILED TO MODIFICATION SPRINKLER HEADS ON THE FIRST FLOOR IN CONJUNCTION WITH ALT2 APPLICATION # 321903482. NO CHANGE IN USE, EGRESS OR OCCUPANCY |
| 22 Nov 2019 | A2 | ISSUED | — |
| 11 Oct 2019 | Sprinklers | Signed-off | MODIFY EXISTING SPRINKLER SYSTEM IN 1ST FLOOR AS PER PLANS |
Showing the 50 most recent of 125. The full set is available in the interactive report.
About this page
Compiled from New York City public records — data retrieved 6 days ago. Coverage on this parcel: 14 of 15 record groups populated. The derived figures — unused floor-area ratio, buildable area, the assessed-value trend and the per-unit ratios — are calculated by us and appear in no public dataset; the formulas are in the methodology.
This is a research tool, not advice. It is not a title search, a lien search, a survey or an inspection, and it does not replace any of them. If a figure here matters to a decision, verify it at the source. See Terms.