Sheepshead Terrace

Sheepshead Terrace is a Co-op located 2461 East 29th Street, in Sheepshead Bay, Brooklyn. The building was first built in 1955 and is 69 years old. It was first renovated and altered in 2011. The lot that the building was built on is 600 feet wide and 105 feet long. The official lot area is listed as 64,500 square feet. The building itself is 260 feet wide and 86 feet long. In total, 2461 East 29th Street has a total floor area of 210,028 square feet. Of that, 210,028 square feet are used for residential purposes. There are a total of 169 units. Of those, 169 are residential units. 2461 East 29th Street 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 154 closings on record, of which we have matching data for 13 listings. In the past 3 years, a listing in this building will typically remain on the market for about 229 days and tend to sell below the original asking price of $264,000 by 7.68%. Meaning, listings tend to sell at a median of $288 price per square foot. The transaction that took the longest to complete was unit 1G, listed on Jul 15, 2020 for $320,000. This particular unit ultimately sold 369 days later for $300,000. The most recent transaction was for unit 6H, sold for $205,000 on Dec 13, 2023. Fun fact, the oldest transaction we have on record took place on Dec 09, 1975. See the full transaction history for Sheepshead Terrace below.

Sheepshead Bay, where 2461 East 29th Street is located, has a median asking price of $325,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $264,000. For interested buyers, that means the building's median asking price is around 0.19% 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.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $285,000. It is a 900 sqft 2-bedroom and 1-bathroom unit.