8853 Bay 16th Street

8853 Bay 16th Street is a Co-op located in Bath Beach, Brooklyn. The building was first built in 1949 and is 75 years old. The lot that the building was built on is 194 feet wide and 781 feet long. The official lot area is listed as 152,580 square feet. The building itself is 158 feet wide and 59 feet long. In total, 8853 Bay 16th Street has a total floor area of 159,454 square feet. Of that, 159,454 square feet are used for residential purposes. There are a total of 192 units. Of those, 192 are residential units. 8853 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. On weekends, residents can enjoy the building's patio. There are 79 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 222 days Meaning, listings tend to sell at a median of $363 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Nov 12, 2021 for $320,000. This particular unit ultimately sold 222 days later for $272,000. The most recent transaction was for unit 3C, sold for $102,000 on Oct 04, 2023. Fun fact, the oldest transaction we have on record took place on Nov 29, 1968. See the full transaction history for 8853 Bay 16th Street below.

Bath Beach, where 8853 Bay 16th Street is located, has a median asking price of $358,944 for co-op buildings. Meanwhile, the building itself has a median asking price of $272,000. For interested buyers, that means the building's median asking price is around 0.24% 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.