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242 Bay 17th Street

242 Bay 17th Street, Brooklyn, NY 11214
Co-op in Bath Beach
192 Units
242 Bay 17th 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, 242 Bay 17th 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. 242 Bay 17th 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 70 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 253 days and tend to sell below the original asking price of $360,500 by 2.03%. Meaning, listings tend to sell at a median of $434 price per square foot. The transaction that took the longest to complete was unit 3D, listed on Oct 07, 2019 for $423,000. This particular unit ultimately sold 368 days later for $420,000. The most recent transaction was for unit 2B, which was first advertised on Mar 29, 2023, sold for $288,000 on Aug 15, 2023. Fun fact, the oldest transaction we have on record took place on Nov 29, 1968. See the full transaction history for 242 Bay 17th Street below.

Bath Beach, where 242 Bay 17th Street is located, has a median asking price of $359,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $360,500. For interested buyers, that means the building's median asking price is around 0.00% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit 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.
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230329 Unit 2B
03/29/2023
2B
1 Bed
1 Bath
750 ft²
$298,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
750 ft²
$288,000 -3.36%
08/15/2023
Yau Yee (Billy)Yong
RE/MAX Edge
20190711 Unit 3D
07/11/2019
3D
2 Bed
1 Bath
-
$448,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
-
Shu Yu (Linda) Zeng
MOMENTUM REAL ESTATE LLC

Building Info

Overview

    General

  • Year Built: 1949
  • Building Count: 19
  • Floor Count: 3
  • Total Unit Count: 192
  • Residential Unit Count: 192
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 152,580
  • Lot Size Depth Feet: 781
  • Lot Size Frontage Feet: 194
  • Building Depth: 59
  • Building Frontage: 158
  • Gross Building Area: 159,454

    Building Floor Area

  • Residential Building Floor Area: 159,454

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: C6
  • Lot Type: 1
  • Land Use: 02
  • Irregular Lot Code: Y
  • Extension Code: N

Neighborhood

  • Community District: 311
  • City Council District: 43
  • Police Precinct: 62
  • Fire Company: E243
  • Health Area: 8200
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4D
  • School District: 20

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R5

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 6462
  • Lot: 40
  • Borough Block Lot: 3064620040

    Address

  • Full Address: 8847 Bay 16 Street
  • Zip Code: 11214

Valuation

    Assessments Valuation

  • Assessed Total Value: $4,932,450
  • Assessed Land Value: $1,036,800

    Exemptions

  • Exempt Total Value: $359,249
  • Exempt Land Value: $0

About Southwestern Brooklyn



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Frequently Asked Questions

What neighborhood is 242 Bay 17th Street located in?
The 242 Bay 17th Street is a Co-op located in the neighborhood of Bath Beach in Southwestern Brooklyn, Brooklyn.
What is the average sales price for listings in 242 Bay 17th Street?
The average sales price for units in 242 Bay 17th Street is $360,500 , or $434/sqft. currently.

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