1350 East 5th Street

1350 East 5th Street is a Co-op located 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 120 feet wide and 200 feet long. The official lot area is listed as 20,000 square feet. The building itself is 120 feet wide and 186 feet long. In total, 1350 East 5th Street has a total floor area of 87,860 square feet. Of that, 87,860 square feet are used for residential purposes. There are a total of 96 units. Of those, 96 are residential units. 1350 East 5th 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. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 81 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 193 days and tend to sell above the original asking price of $191,500 by 3.77%. Meaning, listings tend to sell at a median of $349 price per square foot. The transaction that took the longest to complete was unit 5K, listed on Sep 01, 2020 for $399,000. This particular unit ultimately sold 364 days later for $369,000. The most recent transaction was for unit 4C, sold for $265,000 on Dec 28, 2023. Fun fact, the oldest transaction we have on record took place on Jan 10, 1966. See the full transaction history for 1350 East 5th Street below.

Ocean Parkway, where 1350 East 5th Street is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $191,500. For interested buyers, that means the building's median asking price is around 0.53% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.