Ocean Terrace

Ocean Terrace is a Co-op located 2650 Ocean Parkway, in Gravesend, Brooklyn. The building was first built in 1962 and is 62 years old. It was first renovated and altered in 1994. But was most recently renovated and altered in 2017. The lot that the building was built on is 210 feet wide and 219 feet long. The official lot area is listed as 37,100 square feet. The building itself is 183 feet wide and 143 feet long. In total, 2650 Ocean Parkway has a total floor area of 186,630 square feet. Of that, 176,630 square feet are used for residential purposes. About 10,000 square feet of the building are used for commercial purposes. There are a total of 192 units. Of those, 190 are residential units. There are two commercial units. 2650 Ocean Parkway has a total of 12 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! Love to bike? Store your bike in the building's bike storage rather than your own apartment. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Both dogs and cats are allowed in the building! There are 202 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 305 days and tend to sell below the original asking price of $279,000 by 9.70%. Meaning, listings tend to sell at a median of $328 price per square foot. The transaction that took the longest to complete was unit 11B, listed on Jan 21, 2023 for $299,000. This particular unit ultimately sold 305 days later for $270,000. The most recent transaction was for unit 5L, sold for $250,000 on Jan 17, 2024. Fun fact, the oldest transaction we have on record took place on Mar 07, 1984. See the full transaction history for Ocean Terrace below.

Gravesend, where 2650 Ocean Parkway is located, has a median asking price of $325,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $279,000. For interested buyers, that means the building's median asking price is around 0.14% 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 are currently 2 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 $402,800. It is a 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $219,900. It is a 511 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $311,350. Collectively, the median square footage of these active units for sale is 256 sqft. Active units for sale at 2650 Ocean Parkway are mostly 1.5-bedroom apartments Active units for sale at 2650 Ocean Parkway have a median count of 1.5 bedrooms and have a median count of 1.5 bathrooms.