611 Banner Avenue

611 Banner Avenue is a Co-op located in Brighton Beach, Brooklyn. The building was first built in 1969 and is 55 years old. It was first renovated and altered in 1989. The official lot area is listed as 19,000 square feet. The building itself is 190 feet wide and 80 feet long. In total, 611 Banner Avenue has a total floor area of 92,400 square feet. Of that, 87,134 square feet are used for residential purposes. About 5,266 square feet of the building are used for commercial purposes. Additionally, the building has a 5,266 square feet garage. There are a total of 102 units. Of those, 101 are residential units. There is one commercial unit. 611 Banner Avenue has a total of 7 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 52 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 261 days and tend to sell below the original asking price of $302,450 by 9.72%. Meaning, listings tend to sell at a median of $362 price per square foot. The transaction that took the longest to complete was unit 6K, listed on Apr 03, 2021 for $245,000. This particular unit ultimately sold 317 days later for $275,000. The most recent transaction was for unit 6R, which was first advertised on Jan 06, 2023, sold for $240,000 on Oct 24, 2023. Fun fact, the oldest transaction we have on record took place on Jan 31, 1991. See the full transaction history for 611 Banner Avenue below.

Brighton Beach, where 611 Banner Avenue is located, has a median asking price of $325,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $302,450. 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.

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.