Park Towers 370 Ocean Parkway, Brooklyn, NY 11218

Park Towers is a Co-op located 370 Ocean Parkway, in Kensington, Brooklyn. The building was first built in 1961 and is 62 years old. The lot that the building was built on is 180 feet wide and 150 feet long. The official lot area is listed as 33,000 square feet. The building itself is 175 feet wide and 53 feet long. In total, 370 Ocean Parkway has a total floor area of 111,861 square feet. Of that, 111,861 square feet are used for residential purposes. There are a total of 133 units. Of those, 133 are residential units. 370 Ocean Parkway has a total of 12.00000000000 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 115 closings on record, of which we have matching data for 44 listings. In the past 3 years, a listing in this building will typically remain on the market for about 140 days Meaning, listings tend to sell at a median of $526 price per square foot. The transaction that took the longest to complete was unit 4A, listed on Apr 15, 2019 for $699,999. This particular unit ultimately sold 298 days later for $647,000. The most recent transaction was for unit 4H, which was first advertised on Apr 22, 2022, sold for $825,000 on Sep 29, 2022. Fun fact, the oldest transaction we have on record took place on Dec 29, 1966. See the full transaction history for Park Towers below.

Kensington, where 370 Ocean Parkway is located, has a median asking price of $400,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $575,000. For interested buyers, that means the building's median asking price is around 0.44% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 4 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $685,000. It is a 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $379,000. It is a 700 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 2 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $474,500. Active units for sale at 370 Ocean Parkway have a median count of 1 bedrooms and have a median count of 1 bathroom.