Parkway Cooperative

Parkway Cooperative is a Co-op located 1811 Ocean Parkway, in Sheepshead Bay, Brooklyn. The building was first built in 1953 and is 71 years old. The lot that the building was built on is 125 feet wide and 250 feet long. The official lot area is listed as 31,250 square feet. The building itself is 95 feet wide and 210 feet long. In total, 1811 Ocean Parkway has a total floor area of 119,000 square feet. Of that, 119,000 square feet are used for residential purposes. There are a total of 82 units. Of those, 82 are residential units. 1811 Ocean Parkway has a total of 6 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 86 closings on record, of which we have matching data for 8 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 $444,450 by 10.17%. Meaning, listings tend to sell at a median of $392 price per square foot. The transaction that took the longest to complete was unit 2D, listed on Dec 09, 2020 for $265,000. This particular unit ultimately sold 321 days later for $225,000. The most recent transaction was for unit 1E, which was first advertised on May 27, 2023, sold for $520,000 on Feb 21, 2024. Fun fact, the oldest transaction we have on record took place on Aug 05, 1975. See the full transaction history for Parkway Cooperative below.

Sheepshead Bay, where 1811 Ocean Parkway is located, has a median asking price of $324,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $444,450. For interested buyers, that means the building's median asking price is around 0.37% 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.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $439,000. It is a 1,000 sqft 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $349,000. It is a 920 sqft 2 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 two-bedroom, units for sale! The median price of all the active units for sale in the building is $394,000. Collectively, the median square footage of these active units for sale is 960 sqft. Active units for sale at 1811 Ocean Parkway are mostly 2-bedroom apartments Active units for sale at 1811 Ocean Parkway have a median count of 2 bedrooms and have a median count of 1 bathroom.