240 Ocean Parkway

240 Ocean Parkway is a Co-op located in Kensington, Brooklyn. The building was first built in 1938 and is 86 years old. The lot that the building was built on is 100 feet wide and 150 feet long. The official lot area is listed as 15,000 square feet. The building itself is 100 feet wide and 102 feet long. In total, 240 Ocean Parkway has a total floor area of 52,872 square feet. There are a total of 55 units. Of those, 55 are residential units. 240 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. There are 31 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 95 days Meaning, listings tend to sell at a median of $377 price per square foot. The transaction that took the longest to complete was unit 6J, listed on Nov 04, 2022 for $309,000. This particular unit ultimately sold 95 days later for $320,000. The most recent transaction was for unit 6B, sold for $150,000 on Aug 07, 2023. Fun fact, the oldest transaction we have on record took place on Jan 18, 1968. See the full transaction history for 240 Ocean Parkway below.

Kensington, where 240 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 $309,000. For interested buyers, that means the building's median asking price is around 0.25% 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 $399,000. It is a 850 sqft 2-bedroom and 1-bathroom unit.