Advance

Advance is a Co-op located 848 43rd Street, in Sunset Park, Brooklyn. The building was first built in 1922 and is 102 years old. The lot that the building was built on is 120 feet wide and 100 feet long. The official lot area is listed as 12,020 square feet. The building itself is 120 feet wide and 90 feet long. In total, 848 43rd Street has a total floor area of 36,980 square feet. Of that, 36,980 square feet are used for residential purposes. There are a total of 36 units. Of those, 36 are residential units. 848 43rd Street has a total of 4 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 31 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 127 days and tend to sell below the original asking price of $465,000 by 2.61%. Meaning, listings tend to sell at a median of $665 price per square foot. The transaction that took the longest to complete was unit 33, listed on Apr 26, 2023 for $479,000. This particular unit ultimately sold 154 days later for $465,000. The most recent transaction was for unit 33, which was first advertised on Apr 26, 2023, sold for $465,000 on Sep 27, 2023. Fun fact, the oldest transaction we have on record took place on Sep 14, 2005. See the full transaction history for Advance below.

Sunset Park, where 848 43rd Street is located, has a median asking price of $850,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $465,000. For interested buyers, that means the building's median asking price is around 0.45% 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 $449,000. It is a 2-bedroom and 1-bathroom unit.