Harway Terrace

Harway Terrace is a Co-op located 2483 West 16th Street, in Gravesend, Brooklyn. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 359 feet wide and 306 feet long. The official lot area is listed as 188,350 square feet. The building itself is 41 feet wide and 229 feet long. In total, 2483 West 16th Street has a total floor area of 421,800 square feet. Of that, 421,800 square feet are used for residential purposes. There are a total of 364 units. Of those, 364 are residential units. 2483 West 16th Street has a total of 19 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 173 closings on record, of which we have matching data for 24 listings. In the past 3 years, a listing in this building will typically remain on the market for about 245 days and tend to sell below the original asking price of $336,500 by 0.21%. Meaning, listings tend to sell at a median of $344 price per square foot. The transaction that took the longest to complete was unit 11D, listed on Aug 02, 2020 for $319,000. This particular unit ultimately sold 358 days later for $325,000. The most recent transaction was for unit 8E, which was first advertised on Mar 09, 2023, sold for $405,000 on Jan 12, 2024. Fun fact, the oldest transaction we have on record took place on Apr 20, 2017. See the full transaction history for Harway Terrace below.

Gravesend, where 2483 West 16th Street is located, has a median asking price of $324,970 for co-op buildings. Meanwhile, the building itself has a median asking price of $336,500. For interested buyers, that means the building's median asking price is around 0.04% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 6 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 $425,000. It is a 1,250 sqft 3 bedroom and 1.5 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $309,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 one-bedroom, 3 two-bedroom, 2 three-bedroom, units for sale! The median price of all the active units for sale in the building is $386,500. Collectively, the median square footage of these active units for sale is 1,000 sqft. Active units for sale at 2483 West 16th Street are mostly 2-bedroom apartments Active units for sale at 2483 West 16th Street have a median count of 2 bedrooms and have a median count of 1 bathroom.