1620 East 2nd Street

1620 East 2nd Street is a condo located in Ocean Parkway, Brooklyn. The building was first built in 1941 and is 83 years old. The lot that the building was built on is 120 feet wide and 124 feet long. The official lot area is listed as 14,932 square feet. The building itself is 118 feet wide and 124 feet long. In total, 1620 East 2nd Street has a total floor area of 50,266 square feet. Of that, 50,266 square feet are used for residential purposes. There are a total of 64 units. Of those, 64 are residential units. There are no commercial units in this building. 1620 East 2nd 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. There are 225 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 201 days and tend to sell below the original asking price of $424,000 by 4.91%. Meaning, listings tend to sell at a median of $626 price per square foot. The transaction that took the longest to complete was unit 2D, listed on Jul 31, 2019 for $595,000. This particular unit ultimately sold 329 days later for $515,000. The most recent transaction was for unit 4E, sold for $0 on Dec 24, 2023. Fun fact, the oldest transaction we have on record took place on Nov 01, 1985. See the full transaction history for 1620 East 2nd Street below.

Ocean Parkway, where 1620 East 2nd Street is located, has a median asking price of $645,000 for condo buildings. Meanwhile, the building itself has a median asking price of $424,000. For interested buyers, that means the building's median asking price is around 0.34% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $660,000. It is a 1,061 sqft 2-bedroom and 1-bathroom unit.