227 Ocean Parkway

227 Ocean Parkway is a Co-op located in Kensington, Brooklyn. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 120 feet wide and 150 feet long. The official lot area is listed as 17,200 square feet. The building itself is 119 feet wide and 119 feet long. In total, 227 Ocean Parkway has a total floor area of 61,920 square feet. Of that, 61,920 square feet are used for residential purposes. There are a total of 75 units. Of those, 75 are residential units. 227 Ocean Parkway has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. 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. Only cats are allowed in the building. There are 89 closings on record, of which we have matching data for 32 listings. In the past 3 years, a listing in this building will typically remain on the market for about 121 days Meaning, listings tend to sell at a median of $554 price per square foot. The transaction that took the longest to complete was unit 4A, listed on Nov 07, 2022 for $400,000. This particular unit ultimately sold 282 days later for $385,000. The most recent transaction was for unit 4A, which was first advertised on Nov 07, 2022, sold for $385,000 on Aug 16, 2023. Fun fact, the oldest transaction we have on record took place on Sep 21, 1972. See the full transaction history for 227 Ocean Parkway below.

Kensington, where 227 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 $389,000. For interested buyers, that means the building's median asking price is around 0.05% 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 3 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 $899,000. It is a 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $252,000. It is a studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $405,000. Active units for sale at 227 Ocean Parkway have a median count of 1 bedrooms and have a median count of 1 bathroom.