40 89th Street

40 89th Street is a Co-op located in Bay Ridge, Brooklyn. The building was first built in 1950 and is 74 years old. It was first renovated and altered in 1989. The lot that the building was built on is 80 feet wide and 200 feet long. The official lot area is listed as 20,000 square feet. The building itself is 72 feet wide and 181 feet long. In total, 40 89th Street has a total floor area of 61,026 square feet. Of that, 61,026 square feet are used for residential purposes. There are a total of 72 units. Of those, 72 are residential units. 40 89th Street 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. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 46 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 229 days and tend to sell below the original asking price of $334,000 by 7.04%. Meaning, listings tend to sell at a median of $454 price per square foot. The transaction that took the longest to complete was unit 3B, listed on Sep 24, 2022 for $299,000. This particular unit ultimately sold 269 days later for $270,000. The most recent transaction was for unit 3B, which was first advertised on Sep 24, 2022, sold for $270,000 on Jun 21, 2023. Fun fact, the oldest transaction we have on record took place on Oct 10, 1972. See the full transaction history for 40 89th Street below.

Bay Ridge, where 40 89th Street is located, has a median asking price of $359,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $334,000. For interested buyers, that means the building's median asking price is around 0.07% 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.

There are currently 2 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 $379,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $339,000. It is a 725 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, units for sale! The median price of all the active units for sale in the building is $359,000. Collectively, the median square footage of these active units for sale is 363 sqft. Active units for sale at 40 89th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.