The Dimora

The Dimora is a condo located 363 16th Street, in South Slope, Brooklyn. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,500 square feet. The building itself is 25 feet wide and 55 feet long. In total, 363 16th Street has a total floor area of 4,568 square feet. Of that, 4,568 square feet are used for residential purposes. There are a total of 7 units. Of those, 7 are residential units. There are no commercial units in this building. 363 16th Street 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. Better yet, washer and dryers are allowed in each unit. There are 20 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 110 days Meaning, listings tend to sell at a median of $1,100 price per square foot. The transaction that took the longest to complete was unit 1B, listed on Sep 29, 2021 for $1,100,000. This particular unit ultimately sold 263 days later for $1,150,000. The most recent transaction was for unit 2B, which was first advertised on Sep 02, 2023, sold for $495,000 on Nov 06, 2023. Fun fact, the oldest transaction we have on record took place on Aug 02, 1982. See the full transaction history for The Dimora below.

South Slope, where 363 16th Street is located, has a median asking price of $1,515,000 for condo buildings. Meanwhile, the building itself has a median asking price of $774,000. For interested buyers, that means the building's median asking price is around 0.49% 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.