Imperial Plaza

Imperial Plaza is a Co-op located 131 74th Street, in Bay Ridge, Brooklyn. The building was first built in 1957 and is 67 years old. The lot that the building was built on is 190 feet wide and 100 feet long. The official lot area is listed as 19,000 square feet. The building itself is 190 feet wide and 78 feet long. In total, 131 74th Street has a total floor area of 88,920 square feet. Of that, 88,920 square feet are used for residential purposes. There are a total of 73 units. Of those, 73 are residential units. 131 74th Street 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Only cats are allowed in the building. There are 84 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 187 days and tend to sell below the original asking price of $392,000 by 5.86%. Meaning, listings tend to sell at a median of $457 price per square foot. The transaction that took the longest to complete was unit 3L, listed on Aug 17, 2015 for $141,800. This particular unit ultimately sold 270 days later for $141,800. The most recent transaction was for unit 2C, which was first advertised on Mar 16, 2023, sold for $310,000 on Nov 13, 2023. Fun fact, the oldest transaction we have on record took place on Dec 09, 1971. See the full transaction history for Imperial Plaza below.

Bay Ridge, where 131 74th Street is located, has a median asking price of $359,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $392,000. For interested buyers, that means the building's median asking price is around 0.09% 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 $498,000. It is a 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $370,000. It is a 775 sqft 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 $385,888. Collectively, the median square footage of these active units for sale is 775 sqft. Active units for sale at 131 74th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.