121-16 Ocean Prom

121-16 Ocean Prom is a Co-op located in Rockaway Beach, Rockaway Park. The building was first built in 1954 and is 70 years old. The lot that the building was built on is 170 feet wide and 100 feet long. The official lot area is listed as 16,850 square feet. The building itself is 170 feet wide and 92 feet long. In total, 121-16 Ocean Prom has a total floor area of 69,504 square feet. Of that, 69,504 square feet are used for residential purposes. There are a total of 65 units. Of those, 65 are residential units. 121-16 Ocean Prom 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. There are 81 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 101 days and tend to sell below the original asking price of $325,000 by 4.00%. The transaction that took the longest to complete was unit 1H, listed on Nov 04, 2019 for $325,000. This particular unit ultimately sold 275 days later for $290,000. The most recent transaction was for unit 5K, which was first advertised on Sep 01, 2023, sold for $240,000 on Dec 07, 2023. Fun fact, the oldest transaction we have on record took place on Jan 10, 1973. See the full transaction history for 121-16 Ocean Prom below.

Rockaway Beach, where 121-16 Ocean Prom is located, has a median asking price of $235,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $325,000. For interested buyers, that means the building's median asking price is around 0.38% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 3 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 $529,000. It is a 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $345,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $359,000. Active units for sale at 121-16 Ocean Prom have a median count of 1 bedrooms and have a median count of 1 bathroom.