1238 63rd Street

1238 63rd Street is a condo located in Borough Park, Brooklyn. The building was first built in 2019 and is 5 years old. It was first renovated and altered in 2019. The lot that the building was built on is 277 feet wide and 176 feet long. The official lot area is listed as 66,121 square feet. The building itself is 361 feet wide and 176 feet long. In total, 1238 63rd Street has a total floor area of 226,429 square feet. Of that, 119,918 square feet are used for residential purposes. About 106,511 square feet of the building are used for commercial purposes. There are a total of 138 units. Of those, 138 are residential units. There are no commercial units in this building. 1238 63rd Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 90 closings on record, of which we have matching data for 19 listings. In the past 3 years, a listing in this building will typically remain on the market for about 248 days and tend to sell below the original asking price of $588,000 by 9.55%. Meaning, listings tend to sell at a median of $900 price per square foot. The transaction that took the longest to complete was unit D205, listed on Sep 24, 2021 for $493,000. This particular unit ultimately sold 329 days later for $580,402. The most recent transaction was for unit D227, sold for $566,638 on Feb 15, 2024. Fun fact, the oldest transaction we have on record took place on Aug 12, 2020. See the full transaction history for 1238 63rd Street below.

Borough Park, where 1238 63rd Street is located, has a median asking price of $699,000 for condo buildings. Meanwhile, the building itself has a median asking price of $588,000. For interested buyers, that means the building's median asking price is around 0.16% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 18 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 $2,479,000. It is a 4,512 sqft 0 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $529,000. It is a 625 sqft studio and 1 bathroom unit. A breakdown of active listings shows 2 studio, 8 one-bedroom, 6 two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $622,500. Collectively, the median square footage of these active units for sale is 723 sqft. Active units for sale at 1238 63rd Street have a median count of 1 bedrooms and have a median count of 1 bathroom.