Montauk Terrace

Montauk Terrace is a Co-op located 2675 East 7th Street, in Sheepshead Bay, Brooklyn. The building was first built in 1956 and is 68 years old. The lot that the building was built on is 235 feet wide and 200 feet long. The official lot area is listed as 44,300 square feet. The building itself is 216 feet wide and 93 feet long. In total, 2675 East 7th Street has a total floor area of 120,269 square feet. Of that, 120,269 square feet are used for residential purposes. There are a total of 84 units. Of those, 84 are residential units. 2675 East 7th Street 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 73 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 180 days and tend to sell below the original asking price of $269,000 by 8.22%. Meaning, listings tend to sell at a median of $337 price per square foot. The transaction that took the longest to complete was unit 2F, listed on Nov 01, 2018 for $269,000. This particular unit ultimately sold 291 days later for $230,000. The most recent transaction was for unit 3G, sold for $0 on May 08, 2023. Fun fact, the oldest transaction we have on record took place on May 17, 1977. See the full transaction history for Montauk Terrace below.

Sheepshead Bay, where 2675 East 7th Street is located, has a median asking price of $325,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $269,000. For interested buyers, that means the building's median asking price is around 0.17% 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.

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.