123-10 Ocean Prom

123-10 Ocean Prom is a Co-op located in Rockaway Beach, Rockaway Park. The building was first built in 1961 and is 63 years old. The lot that the building was built on is 170 feet wide and 140 feet long. The official lot area is listed as 21,000 square feet. In total, 123-10 Ocean Prom has a total floor area of 82,555 square feet. Of that, 75,743 square feet are used for residential purposes. About 6,812 square feet of the building are used for commercial purposes. Additionally, the building has a 6,812 square feet garage. There are a total of 82 units. Of those, 81 are residential units. There is one commercial unit. 123-10 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. Both dogs and cats are allowed in the building! There are 42 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 146 days and tend to sell below the original asking price of $295,000 by 4.60%. Meaning, listings tend to sell at a median of $334 price per square foot. The transaction that took the longest to complete was unit 5C, listed on Jan 28, 2020 for $265,000. This particular unit ultimately sold 288 days later for $260,000. The most recent transaction was for unit 4D, sold for $260,000 on Dec 20, 2022. Fun fact, the oldest transaction we have on record took place on Dec 23, 1987. See the full transaction history for 123-10 Ocean Prom below.

Rockaway Beach, where 123-10 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 $295,000. For interested buyers, that means the building's median asking price is around 0.26% 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 is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $350,000. It is a 1-bedroom and 1-bathroom unit.