Independence Gardens

Independence Gardens is a Co-op located 1531 Independence Avenue, in Bath Beach, Brooklyn. The building was first built in 1950 and is 74 years old. The lot that the building was built on is 704 feet wide and 210 feet long. The official lot area is listed as 138,700 square feet. The building itself is 291 feet wide and 65 feet long. In total, 1531 Independence Avenue has a total floor area of 113,700 square feet. Of that, 113,700 square feet are used for residential purposes. There are a total of 134 units. Of those, 134 are residential units. 1531 Independence Avenue has a total of 2 floors.

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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Alternatively, take a stroll around the building's courtyard. Both dogs and cats are allowed in the building! There are 133 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 173 days and tend to sell below the original asking price of $364,250 by 0.24%. Meaning, listings tend to sell at a median of $568 price per square foot. The transaction that took the longest to complete was unit 2B, listed on Jun 03, 2022 for $375,000. This particular unit ultimately sold 213 days later for $415,000. The most recent transaction was for unit 1B, sold for $275,000 on Feb 21, 2024. Fun fact, the oldest transaction we have on record took place on Nov 14, 1980. See the full transaction history for Independence Gardens below.

Bath Beach, where 1531 Independence Avenue is located, has a median asking price of $358,444 for co-op buildings. Meanwhile, the building itself has a median asking price of $364,250. For interested buyers, that means the building's median asking price is around 0.02% 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.

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.