351 Marine Avenue

351 Marine Avenue is a Co-op located in Bay Ridge, Brooklyn. The building was first built in 1931 and is 93 years old. The lot that the building was built on is 114 feet wide and 214 feet long. The official lot area is listed as 24,600 square feet. The building itself is 106 feet wide and 214 feet long. In total, 351 Marine Avenue has a total floor area of 112,829 square feet. Of that, 109,629 square feet are used for residential purposes. About 3,200 square feet of the building are used for commercial purposes. There are a total of 107 units. Of those, 104 are residential units. There are three commercial units. 351 Marine Avenue has a total of 6 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 61 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 235 days and tend to sell below the original asking price of $324,000 by 7.31%. Meaning, listings tend to sell at a median of $399 price per square foot. The transaction that took the longest to complete was unit F18, listed on Apr 25, 2016 for $299,000. This particular unit ultimately sold 338 days later for $280,000. The most recent transaction was for unit E7, which was first advertised on Sep 26, 2022, sold for $305,000 on May 03, 2023. Fun fact, the oldest transaction we have on record took place on Nov 27, 1970. See the full transaction history for 351 Marine Avenue below.

Bay Ridge, where 351 Marine Avenue is located, has a median asking price of $359,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $324,000. For interested buyers, that means the building's median asking price is around 0.10% 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.