385 East 18th Street

385 East 18th Street is a Co-op located in Flatbush, Brooklyn. The building was first built in 1940 and is 84 years old. The lot that the building was built on is 200 feet wide and 100 feet long. The official lot area is listed as 20,000 square feet. The building itself is 200 feet wide and 75 feet long. In total, 385 East 18th Street has a total floor area of 76,446 square feet. Of that, 76,446 square feet are used for residential purposes. There are a total of 71 units. Of those, 71 are residential units. 385 East 18th Street has a total of 6 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 385 East 18th Street.

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. Residents who own pets will be happy to hear that the building is pet-friendly. Only cats are allowed in the building. There are 64 closings on record, of which we have matching data for 32 listings. In the past 3 years, a listing in this building will typically remain on the market for about 121 days and tend to sell below the original asking price of $485,000 by 41.40%. Meaning, listings tend to sell at a median of $539 price per square foot. The transaction that took the longest to complete was unit 3L, listed on Aug 14, 2021 for $529,000. This particular unit ultimately sold 346 days later for $310,000. The most recent transaction was for unit 4C, which was first advertised on May 16, 2023, sold for $520,000 on Dec 19, 2023. Fun fact, the oldest transaction we have on record took place on Jul 29, 1971. See the full transaction history for 385 East 18th Street below.

Flatbush, where 385 East 18th Street is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $485,000. For interested buyers, that means the building's median asking price is around 0.18% 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 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 $775,000. It is a 2-bedroom and 2-bathroom unit.