1500 Ocean Parkway

1500 Ocean Parkway is a Co-op located in Ocean Parkway, Brooklyn. The building was first built in 1940 and is 84 years old. The lot that the building was built on is 100 feet wide and 200 feet long. The official lot area is listed as 20,000 square feet. The building itself is 100 feet wide and 160 feet long. In total, 1500 Ocean Parkway has a total floor area of 72,000 square feet. Of that, 72,000 square feet are used for residential purposes. There are a total of 72 units. Of those, 72 are residential units. 1500 Ocean Parkway 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. Both dogs and cats are allowed in the building! There are 36 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 154 days and tend to sell below the original asking price of $330,888 by 10.96%. Meaning, listings tend to sell at a median of $347 price per square foot. The transaction that took the longest to complete was unit 2L, listed on Oct 05, 2022 for $550,000. This particular unit ultimately sold 239 days later for $515,000. The most recent transaction was for unit 1H, sold for $250,000 on Jan 25, 2024. Fun fact, the oldest transaction we have on record took place on Sep 30, 1981. See the full transaction history for 1500 Ocean Parkway below.

Ocean Parkway, where 1500 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 $330,888. For interested buyers, that means the building's median asking price is around 0.19% 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.