1615 Avenue I

1615 Avenue I is a Co-op located 1615 Avenue I, in Midwood, Brooklyn. The building was first built in 1941 and is 83 years old. It was first renovated and altered in 2011. The lot that the building was built on is 200 feet wide and 215 feet long. The official lot area is listed as 43,000 square feet. The building itself is 200 feet wide and 178 feet long. In total, 1615 Avenue I has a total floor area of 148,680 square feet. Of that, 148,680 square feet are used for residential purposes. There are a total of 132 units. Of those, 132 are residential units. 1615 Avenue I 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. 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! If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 141 closings on record, of which we have matching data for 50 listings. In the past 3 years, a listing in this building will typically remain on the market for about 160 days and tend to sell below the original asking price of $400,000 by 5.06%. Meaning, listings tend to sell at a median of $404 price per square foot. The transaction that took the longest to complete was unit 607, listed on Apr 14, 2014 for $246,000. This particular unit ultimately sold 367 days later for $220,000. The most recent transaction was for unit 616, which was first advertised on Jul 23, 2023, sold for $603,000 on Dec 21, 2023. Fun fact, the oldest transaction we have on record took place on Oct 13, 1967. See the full transaction history for 1615 Avenue I below.

Midwood, where 1615 Avenue I is located, has a median asking price of $415,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $400,000. For interested buyers, that means the building's median asking price is around 0.04% 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 4 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 $500,000. 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 $298,000. It is a 800 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, 2 two-bedroom, units for sale! The median price of all the active units for sale in the building is $344,000. Active units for sale at 1615 Avenue I are mostly 1.5-bedroom apartments Active units for sale at 1615 Avenue I have a median count of 1.5 bedrooms and have a median count of 1 bathroom.