Kings Village

Kings Village is a Co-op located 1275 East 51st Street, in Flatlands, Brooklyn. The building was first built in 1965 and is 59 years old. The lot that the building was built on is 281 feet wide and 200 feet long. The official lot area is listed as 59,200 square feet. The building itself is 179 feet wide and 184 feet long. In total, 1275 East 51st Street has a total floor area of 149,520 square feet. Of that, 149,520 square feet are used for residential purposes. There are a total of 156 units. Of those, 156 are residential units. 1275 East 51st Street 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! Alternatively, take a stroll around the building's garden. There are 134 closings on record, of which we have matching data for 16 listings. In the past 3 years, a listing in this building will typically remain on the market for about 165 days and tend to sell below the original asking price of $225,000 by 0.88%. Meaning, listings tend to sell at a median of $267 price per square foot. The transaction that took the longest to complete was unit 2K, listed on Apr 16, 2022 for $325,000. This particular unit ultimately sold 235 days later for $335,000. The most recent transaction was for unit 6O, which was first advertised on May 13, 2023, sold for $282,500 on Dec 11, 2023. Fun fact, the oldest transaction we have on record took place on Feb 22, 1985. See the full transaction history for Kings Village below.

Flatlands, where 1275 East 51st Street is located, has a median asking price of $255,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $225,000. For interested buyers, that means the building's median asking price is around 0.12% 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 6 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 $330,000. It is a 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $155,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, 3 two-bedroom, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $282,500. Active units for sale at 1275 East 51st Street are mostly 2-bedroom apartments Active units for sale at 1275 East 51st Street have a median count of 2 bedrooms and have a median count of 1 bathroom.