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571 Ocean Parkway

571 Ocean Parkway, Brooklyn, NY 11218
Condo in Kensington
1 Units For Sale
Unit for sale at 571 Ocean Parkway, Brooklyn, NY 11218

$16,000,000

  • Loft
  • 20 Baths
  • 23,782 ft²
571 Ocean Parkway, Brooklyn, NY 11218 Listing by Michael Bushkanets

571 Ocean Parkway is a condo located in Kensington, Brooklyn. The building was first built in 0 and is 2024 years old. The lot that the building was built on is 40 feet wide and 140 feet long. The official lot area is listed as 5,600 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 11 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 194 days The transaction that took the longest to complete was listed on Jan 18, 2023 for $16,500,000. This particular unit ultimately sold 194 days later for $0. The most recent transaction which was first advertised on Jan 18, 2023, sold for $0 on Aug 01, 2023. Fun fact, the oldest transaction we have on record took place on May 31, 1974. See the full transaction history for 571 Ocean Parkway below.

Kensington, where 571 Ocean Parkway is located, has a median asking price of $645,000 for condo buildings. Meanwhile, the building itself has a median asking price of $16,500,000. For interested buyers, that means the building's median asking price is around 39.24% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo 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 $16,000,000. It is a 23,782 sqft and 20-bathroom unit.

Building Features

Parking

Garage Parking

Condition

New Construction

Accessibility

Elevators
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230118
01/18/2023
Studio
29 Bath
-
$16,500,000
bedrooms
Studio
bathrooms
29 Bath
-
08/01/2023
Igor Libo
Ilite Realty Inc

Building Info

Overview

    General

  • Year Built: 0
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 5,600
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 40

    Floor Area Ratio

  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: V0
  • Lot Type: 5
  • Land Use: 11
  • Irregular Lot Code: N

Neighborhood

  • Community District: 312
  • City Council District: 39
  • Police Precinct: 66
  • Fire Company: E250
  • Health Area: 7000
  • Sanitation District Borough: 3
  • Sanitation Subsection: 5D
  • School District: 22

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A
  • Special Purpose District 1: OP

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5400
  • Lot: 72
  • Borough Block Lot: 3054000072

    Address

  • Full Address: 571 Ocean Parkway
  • Zip Code: 11218

Valuation

    Assessments Valuation

  • Assessed Total Value: $48,900
  • Assessed Land Value: $48,900

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Central Brooklyn




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Frequently Asked Questions

What neighborhood is 571 Ocean Parkway located in?
The 571 Ocean Parkway is a condo located in the neighborhood of Kensington in Central Brooklyn, Brooklyn.
How many listings are currently for sale in 571 Ocean Parkway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 571 Ocean Parkway?
The average sales price for units in 571 Ocean Parkway is $16,500,000 , or $673/sqft. currently.

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