Zoning Page

Coney Island Neptune Avenue Rezoning from M1-2 to M1-5/R7-3 with MX-26 Special Mixed-Use District

  • When: 2025/05/28
  • Address: 2201-2227 Neptune Avenue, Brooklyn, New York
  • City: New York
  • State: NY
  • Category: Spot Rezoning
  • Subcategory: Mixed-Use Rezoning
  • Asset Class: Multifamily
  • Property Type: Affordable Housing
  • Size: Approximately 161,500 square feet; 145 dwelling units (37 income-restricted); 20,100 square feet commercial

The New York City Council approved a zoning map amendment to change the property at 2201-2227 Neptune Avenue in Coney Island from an M1-2 District to an M1-5/R7-3 District and to establish a Special Mixed Use District (MX-26). This rezoning enables the development of an 18-story, approximately 161,500-square-foot mixed-use building with 145 dwelling units—including 37 permanently income-restricted under the Mandatory Inclusionary Housing program—and 20,100 square feet of ground-floor commercial space. The action also designates the site as a Mandatory Inclusionary Housing area with Options 1 and 2, accommodating both market-rate and affordable units, and facilitates commercial uses consistent with the underlying industrial and residential zoning. The project supports Coney Island’s revitalization by introducing significant residential and commercial capacity, addressing housing needs, and promoting mixed-use urban development. Environmental safeguards were established through CEQR Declaration E-816, addressing potential hazardous materials and air quality impacts.

Source

Applicant - Neptune Avenue Commercial, LLC


Ownership - Neptune Avenue Commercial, LLC


Developer - Neptune Avenue Commercial, LLC


City Representative - Eric Palatnik


Density: 4.88 FAR