1250 Ocean Parkway

1250 Ocean Parkway is a Co-op located 1250 Ocean Parkway, in Ocean Parkway, Brooklyn. The building was first built in 1956 and is 68 years old. The lot that the building was built on is 140 feet wide and 250 feet long. The official lot area is listed as 29,000 square feet. The building itself is 140 feet wide and 204 feet long. In total, 1250 Ocean Parkway has a total floor area of 102,924 square feet. Of that, 102,924 square feet are used for residential purposes. There are a total of 98 units. Of those, 95 are residential units. There are three commercial units. 1250 Ocean Parkway has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's patio. There are 66 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 188 days and tend to sell below the original asking price of $270,000 by 11.44%. Meaning, listings tend to sell at a median of $367 price per square foot. The transaction that took the longest to complete was unit 4N, listed on Oct 01, 2021 for $180,000. This particular unit ultimately sold 321 days later for $175,000. The most recent transaction was for unit 1L, which was first advertised on Jun 14, 2023, sold for $250,000 on Feb 13, 2024. Fun fact, the oldest transaction we have on record took place on Aug 02, 1972. See the full transaction history for 1250 Ocean Parkway below.

Ocean Parkway, where 1250 Ocean Parkway is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $270,000. For interested buyers, that means the building's median asking price is around 0.34% 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 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 $305,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $185,000. It is a 500 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 2 one-bedroom, units for sale! The median price of all the active units for sale in the building is $250,000. Collectively, the median square footage of these active units for sale is 500 sqft. Active units for sale at 1250 Ocean Parkway have a median count of 1 bedrooms and have a median count of 1 bathroom.