544 88th Street

544 88th Street is a condo located in Bay Ridge, Brooklyn. The building was first built in 1980 and is 44 years old. The lot that the building was built on is 40 feet wide and 100 feet long. The official lot area is listed as 4,000 square feet. The building itself is 32 feet wide and 55 feet long. In total, 544 88th Street has a total floor area of 5,280 square feet. Of that, 5,280 square feet are used for residential purposes. There are a total of 6 units. Of those, 6 are residential units. There are no commercial units in this building. 544 88th Street has a total of 3 floors.

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 15 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 156 days and tend to sell below the original asking price of $402,500 by 7.41%. Meaning, listings tend to sell at a median of $508 price per square foot. The transaction that took the longest to complete was unit 1F, listed on May 03, 2018 for $329,000. This particular unit ultimately sold 350 days later for $275,000. The most recent transaction was for unit 3R, which was first advertised on Sep 23, 2022, sold for $465,000 on Dec 14, 2022. Fun fact, the oldest transaction we have on record took place on Apr 10, 1979. See the full transaction history for 544 88th Street below.

Bay Ridge, where 544 88th Street is located, has a median asking price of $699,000 for condo buildings. Meanwhile, the building itself has a median asking price of $402,500. For interested buyers, that means the building's median asking price is around 0.42% 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.