2375 Ocean Owners Inc

2375 Ocean Owners Inc is a Co-op located 2375 Ocean Avenue, in Madison, Brooklyn. The building was first built in 1941 and is 83 years old. The lot that the building was built on is 140 feet wide and 110 feet long. The official lot area is listed as 15,400 square feet. The building itself is 140 feet wide and 100 feet long. In total, 2375 Ocean Avenue has a total floor area of 73,800 square feet. Of that, 73,800 square feet are used for residential purposes. There are a total of 66 units. Of those, 66 are residential units. 2375 Ocean Avenue 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 70 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 279 days and tend to sell below the original asking price of $260,000 by 5.98%. Meaning, listings tend to sell at a median of $334 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Nov 05, 2020 for $267,000. This particular unit ultimately sold 343 days later for $250,000. The most recent transaction was for unit 1C, which was first advertised on Apr 08, 2022, sold for $165,000 on Jun 23, 2022. Fun fact, the oldest transaction we have on record took place on Jul 02, 1969. See the full transaction history for 2375 Ocean Owners Inc below.

Madison, where 2375 Ocean Avenue is located, has a median asking price of $325,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $260,000. For interested buyers, that means the building's median asking price is around 0.20% 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 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 $219,000. It is a 1-bedroom and 1-bathroom unit.