421 ATLANTIC STREET #ASCAI-3
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Location
421 ATLANTIC STREET #ASCAI-3
Mblu
004/ 5816/ / ASCAI-3/
Acct#
004-5816
Owner
RXR ATLANTIC STATION II OWNER LLC
Total Market Value
$4,701,080
Appraisal
$6,715,820
PID
189919
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$6,715,820$0$6,715,820
Assessment
Valuation YearImprovementsLandTotal
2025$4,701,080$0$4,701,080

Owner of Record
OwnerRXR ATLANTIC STATION II OWNER LLC
Co-Owner
Address625 RXR PLAZA
UNIONDALE, NY 11556-3815
Sale Price$11,693,993
Book & Page 12128/0095
Sale Date04/22/2019
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
RXR ATLANTIC STATION II OWNER LLC$11,693,99312128/00950004/22/2019
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: 1915
Living Area: 53,042
Building Attributes
FieldDescription
Style:Office Condo
ModelCom Condo
Stories:1 Story
GradeB++
Occupancy1
Interior Wall 1:Plaster
Interior Wall 2: 
Interior Floor 1Concrete Slab
Interior Floor 2Ceram Clay Til
Heat Fuel:Gas/LP
Heat Type:Steam
AC Type:Central
Ttl Bedrms:0 Bedrooms
Ttl Bathrms:0
Ttl Half Bths:0
Xtra Fixtres 
Total Rooms: 
Bath Style:Average
Kitchen Style:Typical
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 23,372 23,372
FB4Fin Raised Bsmt 22,112 22,112
MEZMezzanine 7,558 7,558
CLPLoading Platform 1,080 0
LP8Patio, Pavers 2,296 0
UBMBasement, Unfinished 22,112 0
   78,530 53,042

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
HL1Hydro Lift Com1.00 UNITS$6,3401
EL1Elev Frght2.00 STOPS$158,4001
BE2Bank Rcrd Vlt77.00 S.F$13,7201
BE1Bank Mny Vlt96.00 S.F$22,1801
H04Air Con/Sfla23372.00 S.F$55,5301
EL2Elev Pass2.00 STOPS$316,8001

Land
Land Use
Use Code205
DescriptionComm Condo MDL-06  
ZoneCC
Neighborhood1000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0
Depth
Total Market Land$0
Appraised Value$0

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LP8Patio Flg/Cn  2296.00 S.F$23,2501
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$3,860,720$0$3,860,720
2023$3,708,870$0$3,708,870
2022$2,900,470$0$2,900,470

Assessment
Valuation YearImprovementsLandTotal
2024$2,702,510$0$2,702,510
2023$2,596,200$0$2,596,200
2022$2,030,320$0$2,030,320

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