Cromwell

Cromwell is a Co-op located 2901 Avenue I, in Midwood, Brooklyn. The building was first built in 1941 and is 83 years old. The lot that the building was built on is 109 feet wide and 100 feet long. The official lot area is listed as 11,330 square feet. The building itself is 100 feet wide and 90 feet long. In total, 2901 Avenue I has a total floor area of 54,000 square feet. Of that, 54,000 square feet are used for residential purposes. There are a total of 54 units. Of those, 54 are residential units. 2901 Avenue I 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. For your convenience, laundry is located in the building. Both dogs and cats are allowed in the building! There are 84 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 191 days and tend to sell below the original asking price of $342,000 by 2.03%. Meaning, listings tend to sell at a median of $408 price per square foot. The transaction that took the longest to complete was unit 2H, listed on Dec 13, 2021 for $409,000. This particular unit ultimately sold 294 days later for $365,000. The most recent transaction was for unit 1D, which was first advertised on Jun 02, 2023, sold for $338,000 on Feb 15, 2024. Fun fact, the oldest transaction we have on record took place on Jun 01, 1971. See the full transaction history for Cromwell below.

Midwood, where 2901 Avenue I is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $342,000. 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.

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 $228,000. It is a studio-bedroom and 1-bathroom unit.