Ridge Terrace Condominium

Ridge Terrace Condominium is a condo located 228 74th Street, in Bay Ridge, Brooklyn. The building was first built in 0 and is 2024 years old. The official lot area is listed as 8,000 square feet. In total, 228 74th Street has a total floor area of 10,479 square feet. Of that, 10,479 square feet are used for residential purposes. There are a total of 14 units. Of those, 14 are residential units. There are no commercial units in this building. 228 74th Street has a total of 3 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. There are 44 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 76 days and tend to sell below the original asking price of $650,000 by 3.58%. Meaning, listings tend to sell at a median of $846 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Sep 14, 2023 for $698,000. This particular unit ultimately sold 84 days later for $673,000. The most recent transaction was for unit 1A, which was first advertised on Sep 14, 2023, sold for $673,000 on Dec 08, 2023. Fun fact, the oldest transaction we have on record took place on Feb 28, 1991. See the full transaction history for Ridge Terrace Condominium below.

Bay Ridge, where 228 74th Street is located, has a median asking price of $699,000 for condo buildings. Meanwhile, the building itself has a median asking price of $650,000. For interested buyers, that means the building's median asking price is around 0.07% 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.

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.