8732 Bay 16th Street

8732 Bay 16th Street is a condo located in Bath Beach, Brooklyn. The building was first built in 2007 and is 17 years old. The lot that the building was built on is 100 feet wide and 97 feet long. The official lot area is listed as 9,667 square feet. The building itself is 84 feet wide and 49 feet long. In total, 8732 Bay 16th Street has a total floor area of 15,366 square feet. Of that, 15,366 square feet are used for residential purposes. There are a total of 24 units. Of those, 12 are residential units. There are 12 commercial units. 8732 Bay 16th 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. There are 30 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 111 days and tend to sell below the original asking price of $738,000 by 3.79%. Meaning, listings tend to sell at a median of $667 price per square foot. The transaction that took the longest to complete was unit 2D, listed on Apr 02, 2021 for $738,000. This particular unit ultimately sold 111 days later for $710,000. The most recent transaction was for unit 3C, sold for $750,000 on Aug 04, 2023. Fun fact, the oldest transaction we have on record took place on Mar 10, 1971. See the full transaction history for 8732 Bay 16th Street below.

Bath Beach, where 8732 Bay 16th Street is located, has a median asking price of $699,000 for condo buildings. Meanwhile, the building itself has a median asking price of $738,000. For interested buyers, that means the building's median asking price is around 1.06% 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.

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.