The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,498,000
1412 Neptune Ave
Brooklyn, NY, 11224
View more Brooklyn, NY property pages6Beds
2Baths
2,508Sqft
$996$/sqft
Listing Notes
2 Family Frame Home on a great location. House sits on a Development Site on Neptune Ave between West 15th St and Stillwell Ave. Lot Size 32x130, Building Size 22x38 with a great zoning R-6-C-8-1. Property is minutes away from the beach and all Coney Island has to offer with Shopping, Entertainment and an easy access to all transportation. This is a great opportunity for a developer or end user. All offers must be presented with pre-approval or proof of funds. WON'T LAST!!
Market Insights
Above nearby median+111%
$996/sqft vs a nearby median of $473/sqft.
Nearby median$473/sqft
Nearby properties8
Property size2,508 sqft
- +111% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,508 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.10M$1.01M – $1.20M · 58% confidence
vs ask $2.50M+$1.39M (+55.8%)
Asking price is about 55.8% above where comps + adjustments land — there is room to negotiate.
$456/sqft median across 4 tight comps × 2,508 sqft= $1.14M
- Days-on-market gravity−$34k −3.0%
- Transit access+$29k +2.5%
- Pre-war character+$29k +2.5%
- Visible condition issues−$23k −2.0%
- Special flood hazard zone−$23k −2.0%
- Open Class C HPD violations−$17k −1.5%
Cumulative NYC adjustments−$40k−3.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 770 days
- Last price change
- No change recorded
- Listed
- Apr 2, 2024
- Photos
- 5 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- May 14, 2002 · $138,000
Features & Amenities
Central AirHardwood FloorsTwo Or More StoriesShopping
Building Facts
- Year built
- 1930
- Stories
- 3
- Total units
- 2
- Residential units
- 2
- Building area
- 2,508 sqft
- Lot size
- 3,190 sqft
- Land use
- One and two family buildings
- Building class
- B2
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,498,000for sale
Public Records
DOB violations1 open
2 total recorded against the building
HPD violations27 open
1 class C (immediately hazardous)
ACRIS documents23
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)13,403
Top: illegal parking
Top complaint types in ZIP 11224
- Illegal Parking2,793
- Noise - Residential2,326
- HEAT/HOT WATER809
- UNSANITARY CONDITION608
- Noise - Street/Sidewalk604
Recent DOB
- Oct 17, 2012V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Oct 3, 2012V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Jul 17, 2014Class B · SECTION 27-2018 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1FL, 1st STORY, 1st APARTMENT FROM EAST AT SOUTH
- Jul 17, 2014Class B · SECTION 27-2005 ADMIN. CODE: PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD FLOOR IN THE KITCHEN LOCATED AT APT 1FL, 1st STORY, 1st APARTMENT FROM EAST AT SOUTH
- Jul 17, 2014Class B · SECTION 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE 2nd ROOM FROM NORTH AT WEST LOCATED AT APT 1FL, 1st STORY, 1st APA...
- Jul 17, 2014Class B · SECTION 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING IN THE KITCHEN LOCATED AT APT 1FL, 1st STORY, 1st APARTMENT FRO...
Recent Transfers (ACRIS)
- Jul 16, 1990DEED
- Oct 14, 1981DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.