405 ATLANTIC STREET #ASCAI-2
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Location
405 ATLANTIC STREET #ASCAI-2
Mblu
004/ 5815/ / ASCAI-2/
Acct#
004-5815
Owner
RXR ATLANTIC STATION II OWNER LLC
Total Market Value
$90,686,310
Appraisal
$129,551,880
PID
189918
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$129,551,880$0$129,551,880
Assessment
Valuation YearImprovementsLandTotal
2025$90,686,310$0$90,686,310

Owner of Record
OwnerRXR ATLANTIC STATION II OWNER LLC
Co-Owner
Address625 RXR PLAZA
UNIONDALE, NY 11556-3815
Sale Price$6,000,000
Book & Page 12128/0089
Sale Date04/22/2019
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
RXR ATLANTIC STATION II OWNER LLC$6,000,00012128/00890004/22/2019
CAPPELLI LOUIS R FAMILY LTD PRTNRSHIP II$011389/02832512/23/2015
CAPPELLI LOUIS R FAMILY LTD PRTNSHIP II$4,300,00011138/00472512/05/2014

Building Information
Building 1 : Section 1
Year Built: 2016
Living Area: 358,662
Building Attributes
FieldDescription
Style:Apartment CND
ModelCom Condo
Stories: 
GradeA+
Occupancy325
Interior Wall 1:Drywall
Interior Wall 2: 
Interior Floor 1Hardwood
Interior Floor 2Carpet
Heat Fuel:Gas/LP
Heat Type:Forced Air-Duc
AC Type:Central
Ttl Bedrms:0 Bedrooms
Ttl Bathrms:0
Ttl Half Bths:0
Xtra Fixtres 
Total Rooms:0
Bath Style:Modern
Kitchen Style:Modern
GradeA
Stories:16
Residential Units:120
Exterior Wall 1:Concr/Cinder
Exterior Wall 2: 
Roof StructureFlat
Roof CoverT&G/Rubber
Cmrcl Units:0
Res/Com Units:0
Section #: 
Parking Spaces 
Section Style: 
Foundation 
Security: 
Cmplx Cnd 
Xtra Field 1: 
Remodel Ext: 
Super 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 349,141 349,141
FUSUpper Story, Finished 9,521 9,521
UBMBasement, Unfinished 33,708 0
   392,370 358,662

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
PGAParking Garage Abov197278.00 S.F$18,938,6901
SPR1Sprinklers - Wet349141.00 S.F.$1,809,9501
SPR1Sprinklers - Wet197278.00 S.F.$1,022,6901
LS2Pool Indoor684.00 S.F.$141,8301

Land
Land Use
Use Code805
DescriptionApartment PUD 06  
ZoneCC
Neighborhood1000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0
Depth
Total Market Land$0
Appraised Value$0

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$129,551,880$0$129,551,880
2023$129,551,880$0$129,551,880
2022$129,551,880$0$129,551,880

Assessment
Valuation YearImprovementsLandTotal
2024$90,686,310$0$90,686,310
2023$90,686,310$0$90,686,310
2022$90,686,310$0$90,686,310

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