287 Beach 16th Street

287 Beach 16th Street is a condo located in Far Rockaway, Far Rockaway. The building was first built in 1967 and is 57 years old. The lot that the building was built on is 282 feet wide and 275 feet long. The official lot area is listed as 82,530 square feet. The building itself is 18 feet wide and 34 feet long. In total, 287 Beach 16th Street has a total floor area of 41,616 square feet. Of that, 41,616 square feet are used for residential purposes. There are a total of 34 units. Of those, 34 are residential units. There are no commercial units in this building. 287 Beach 16th Street has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 7 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 348 days and tend to sell above the original asking price of $329,000 by 3.34%. Meaning, listings tend to sell at a median of $269 price per square foot. The transaction that took the longest to complete was listed on Jun 19, 2018 for $329,000. This particular unit ultimately sold 348 days later for $340,000. The most recent transaction was for unit NA, sold for $499,000 on Jul 21, 2021. Fun fact, the oldest transaction we have on record took place on Nov 07, 1966. See the full transaction history for 287 Beach 16th Street below.

Far Rockaway, where 287 Beach 16th Street is located, has a median asking price of $559,000 for condo buildings. Meanwhile, the building itself has a median asking price of $329,000. For interested buyers, that means the building's median asking price is around 0.41% 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.