Kingsway Gardens

Kingsway Gardens is a Co-op located 2821 Kings Highway, in Midwood, Brooklyn. The building was first built in 1950 and is 74 years old. The lot that the building was built on is 240 feet wide and 150 feet long. The official lot area is listed as 27,765 square feet. The building itself is 181 feet wide and 152 feet long. In total, 2821 Kings Highway has a total floor area of 65,500 square feet. Of that, 65,500 square feet are used for residential purposes. There are a total of 84 units. Of those, 84 are residential units. 2821 Kings Highway 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. There are 52 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 227 days and tend to sell below the original asking price of $227,000 by 8.03%. Meaning, listings tend to sell at a median of $322 price per square foot. The transaction that took the longest to complete was unit 6L, listed on Jul 19, 2022 for $249,000. This particular unit ultimately sold 336 days later for $229,000. The most recent transaction was for unit 1N, sold for $0 on Dec 15, 2023. Fun fact, the oldest transaction we have on record took place on Dec 31, 1979. See the full transaction history for Kingsway Gardens below.

Midwood, where 2821 Kings Highway is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $227,000. For interested buyers, that means the building's median asking price is around 0.45% 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 $175,000. It is a 680 sqft 1-bedroom and 1-bathroom unit.