715 Ocean Parkway

715 Ocean Parkway is a Co-op located in Kensington, Brooklyn. The building was first built in 1954 and is 72 years old. The lot that the building was built on is 214 feet wide and 144 feet long. The official lot area is listed as 30,599 square feet. The building itself is 192 feet wide and 100 feet long. In total, 715 Ocean Parkway has a total floor area of 93,000 square feet. Of that, 93,000 square feet are used for residential purposes. There are a total of 90 units. Of those, 90 are residential units. 715 Ocean Parkway has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 92 closings on record, of which we have matching data for 18 listings. In the past 3 years, a listing in this building will typically remain on the market for about 157 days and tend to sell below the original asking price of $385,000 by 7.07%. Meaning, listings tend to sell at a median of $430 price per square foot. The transaction that took the longest to complete was unit 1F, listed on Jan 30, 2017 for $169,000. This particular unit ultimately sold 311 days later for $177,000. The most recent transaction was for unit 1N, which was first advertised on Dec 11, 2023, sold for $0 on Dec 27, 2023. Fun fact, the oldest transaction we have on record took place on Jun 23, 1981. See the full transaction history for 715 Ocean Parkway below.

Kensington, where 715 Ocean Parkway is located, has a median asking price of $438,500 for co-op buildings. Meanwhile, the building itself has a median asking price of $385,000. For interested buyers, that means the building's median asking price is around 0.12% 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 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 $234,000. It is a studio-bedroom and 1-bathroom unit.