1200 Gravesend Neck Road

1200 Gravesend Neck Road is a Co-op located in Homecrest, Brooklyn. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 78 feet wide and 210 feet long. The official lot area is listed as 20,120 square feet. The building itself is 185 feet wide and 99 feet long. In total, 1200 Gravesend Neck Road has a total floor area of 70,710 square feet. Of that, 68,210 square feet are used for residential purposes. About 2,500 square feet of the building are used for commercial purposes. There are a total of 72 units. Of those, 69 are residential units. There are three commercial units. 1200 Gravesend Neck Road has a total of 6 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 44 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 196 days and tend to sell below the original asking price of $229,000 by 6.08%. Meaning, listings tend to sell at a median of $195 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Aug 06, 2020 for $109,000. This particular unit ultimately sold 237 days later for $97,000. The most recent transaction was for unit 6F, sold for $0 on Apr 27, 2023. Fun fact, the oldest transaction we have on record took place on May 18, 1966. See the full transaction history for 1200 Gravesend Neck Road below.

Homecrest, where 1200 Gravesend Neck Road is located, has a median asking price of $325,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $229,000. For interested buyers, that means the building's median asking price is around 0.30% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $299,000. It is a 950 sqft 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $285,000. It is a 950 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $292,000. Collectively, the median square footage of these active units for sale is 950 sqft. Active units for sale at 1200 Gravesend Neck Road are mostly 1.5-bedroom apartments Active units for sale at 1200 Gravesend Neck Road have a median count of 1.5 bedrooms and have a median count of 1 bathroom.