8753 Bay 16th Street

8753 Bay 16th Street is a condo located in Bath Beach, Brooklyn. The building was first built in 2012 and is 12 years old. The lot that the building was built on is 60 feet wide and 97 feet long. The official lot area is listed as 5,800 square feet. The building itself is 42 feet wide and 57 feet long. In total, 8753 Bay 16th Street has a total floor area of 9,351 square feet. Of that, 8,496 square feet are used for residential purposes. There are a total of 11 units. Of those, 6 are residential units. There are 5 commercial units. 8753 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 15 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 210 days and tend to sell below the original asking price of $697,000 by 12.02%. Meaning, listings tend to sell at a median of $611 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Jun 17, 2020 for $719,999. This particular unit ultimately sold 320 days later for $550,000. The most recent transaction was for unit 2A, which was first advertised on Jun 17, 2020, sold for $550,000 on May 04, 2021. Fun fact, the oldest transaction we have on record took place on Aug 22, 1969. See the full transaction history for 8753 Bay 16th Street below.

Bath Beach, where 8753 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 $697,000. For interested buyers, that means the building's median asking price is around 0.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units 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.