Camelot Ii

Camelot Ii is a Co-op located 2950 Ocean Avenue, in Sheepshead Bay, Brooklyn. The building was first built in 1930 and is 94 years old. The lot that the building was built on is 150 feet wide and 126 feet long. The official lot area is listed as 18,750 square feet. The building itself is 150 feet wide and 110 feet long. In total, 2950 Ocean Avenue has a total floor area of 52,500 square feet. Of that, 52,500 square feet are used for residential purposes. There are a total of 63 units. Of those, 63 are residential units. 2950 Ocean Avenue has a total of 4 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 60 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 201 days and tend to sell below the original asking price of $262,500 by 6.82%. Meaning, listings tend to sell at a median of $319 price per square foot. The transaction that took the longest to complete was unit D16, listed on Aug 23, 2020 for $297,000. This particular unit ultimately sold 332 days later for $232,000. The most recent transaction was for unit D3, sold for $260,000 on Oct 24, 2023. Fun fact, the oldest transaction we have on record took place on Feb 02, 1967. See the full transaction history for Camelot Ii below.

Sheepshead Bay, where 2950 Ocean Avenue is located, has a median asking price of $325,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $262,500. For interested buyers, that means the building's median asking price is around 0.19% 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.

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.