28 Bay 50th Street

28 Bay 50th Street is a condo located in Gravesend, Brooklyn. The building was first built in 2008 and is 16 years old. It was first renovated and altered in 2007. The lot that the building was built on is 100 feet wide and 39 feet long. The official lot area is listed as 3,867 square feet. The building itself is 66 feet wide and 32 feet long. In total, 28 Bay 50th Street has a total floor area of 7,131 square feet. Of that, 6,366 square feet are used for residential purposes. About 765 square feet of the building are used for commercial purposes. Additionally, the building has a 765 square feet garage. There are a total of 10 units. Of those, 6 are residential units. There are 4 commercial units. 28 Bay 50th Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 11 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 181 days and tend to sell below the original asking price of $579,000 by 10.02%. Meaning, listings tend to sell at a median of $459 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Jun 30, 2021 for $599,000. This particular unit ultimately sold 181 days later for $539,000. The most recent transaction was for unit 1B, sold for $569,000 on May 03, 2022. Fun fact, the oldest transaction we have on record took place on Mar 13, 1974. See the full transaction history for 28 Bay 50th Street below.

Gravesend, where 28 Bay 50th Street is located, has a median asking price of $581,499 for condo buildings. Meanwhile, the building itself has a median asking price of $579,000. For interested buyers, that means the building's median asking price is around 0.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units 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.