18 Lake Avenue

18 Lake Avenue is a condo located in Sheepshead Bay, Brooklyn. The building was first built in 2010 and is 14 years old. It was first renovated and altered in 2010. The lot that the building was built on is 44 feet wide and 111 feet long. The official lot area is listed as 4,620 square feet. The building itself is 38 feet wide and 56 feet long. In total, 18 Lake Avenue has a total floor area of 5,789 square feet. Of that, 5,024 square feet are used for residential purposes. About 765 square feet of the building are used for commercial purposes. Additionally, the building has a 765 square feet garage. There are a total of 10 units. Of those, 5 are residential units. There are 5 commercial units. 18 Lake Avenue has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 15 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 355 days and tend to sell below the original asking price of $791,000 by 14.83%. Meaning, listings tend to sell at a median of $552 price per square foot. The transaction that took the longest to complete was unit 3, listed on Jan 23, 2019 for $816,000. This particular unit ultimately sold 355 days later for $695,000. The most recent transaction was for unit 3, which was first advertised on Jan 23, 2019, sold for $695,000 on Jan 14, 2020. Fun fact, the oldest transaction we have on record took place on Mar 16, 1967. See the full transaction history for 18 Lake Avenue below.

Sheepshead Bay, where 18 Lake Avenue is located, has a median asking price of $575,000 for condo buildings. Meanwhile, the building itself has a median asking price of $791,000. For interested buyers, that means the building's median asking price is around 1.43% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo 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.