2485 Ocean Avenue

2485 Ocean Avenue is a condo located in Madison, Brooklyn. The building was first built in 2016 and is 8 years old. It was first renovated and altered in 2005. The lot that the building was built on is 50 feet wide and 110 feet long. The official lot area is listed as 5,500 square feet. The building itself is 50 feet wide and 50 feet long. In total, 2485 Ocean Avenue has a total floor area of 14,872 square feet. Of that, 14,872 square feet are used for residential purposes. There are a total of 22 units. Of those, 12 are residential units. There are 10 commercial units. 2485 Ocean Avenue has a total of 7 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's patio. Both dogs and cats are allowed in the building! There are 24 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 135 days and tend to sell below the original asking price of $794,000 by 10.00%. Meaning, listings tend to sell at a median of $704 price per square foot. The transaction that took the longest to complete was unit 7A, listed on Jun 17, 2019 for $879,000. This particular unit ultimately sold 217 days later for $770,000. The most recent transaction was for unit 2A, sold for $0 on Nov 17, 2023. Fun fact, the oldest transaction we have on record took place on Oct 11, 1966. See the full transaction history for 2485 Ocean Avenue below.

Madison, where 2485 Ocean Avenue is located, has a median asking price of $579,000 for condo buildings. Meanwhile, the building itself has a median asking price of $794,000. For interested buyers, that means the building's median asking price is around 1.44% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit 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.