280 Ocean Parkway

280 Ocean Parkway is a Co-op located in Kensington, Brooklyn. The building was first built in 1941 and is 83 years old. The lot that the building was built on is 250 feet wide and 150 feet long. The official lot area is listed as 37,500 square feet. The building itself is 250 feet wide and 102 feet long. In total, 280 Ocean Parkway has a total floor area of 132,200 square feet. Of that, 132,200 square feet are used for residential purposes. There are a total of 114 units. Of those, 114 are residential units. 280 Ocean Parkway has a total of 6 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 280 Ocean Parkway.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Alternatively, take a stroll around the building's courtyard and garden. Only cats are allowed in the building. There are 87 closings on record, of which we have matching data for 20 listings. In the past 3 years, a listing in this building will typically remain on the market for about 119 days and tend to sell below the original asking price of $392,000 by 22.85%. Meaning, listings tend to sell at a median of $514 price per square foot. The transaction that took the longest to complete was unit 3U, listed on Feb 17, 2020 for $299,000. This particular unit ultimately sold 297 days later for $295,000. The most recent transaction was for unit 6T, which was first advertised on May 15, 2023, sold for $720,000 on Aug 22, 2023. Fun fact, the oldest transaction we have on record took place on Sep 30, 1980. See the full transaction history for 280 Ocean Parkway below.

Kensington, where 280 Ocean Parkway is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $392,000. For interested buyers, that means the building's median asking price is around 0.04% 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 is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $685,000. It is a 1,113 sqft 2-bedroom and 1-bathroom unit.