71 Ocean Parkway

71 Ocean Parkway is a Co-op located 71 Ocean Parkway, in Windsor Terrace, Brooklyn. The building was first built in 1936 and is 88 years old. The lot that the building was built on is 208 feet wide and 219 feet long. The official lot area is listed as 28,600 square feet. The building itself is 257 feet wide and 183 feet long. In total, 71 Ocean Parkway has a total floor area of 89,026 square feet. Of that, 89,026 square feet are used for residential purposes. There are a total of 76 units. Of those, 76 are residential units. 71 Ocean Parkway has a total of 6 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 71 Ocean Parkway.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Alternatively, take a stroll around the building's garden. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 58 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 127 days Meaning, listings tend to sell at a median of $656 price per square foot. The transaction that took the longest to complete was unit 5N, listed on Feb 27, 2020 for $895,000. This particular unit ultimately sold 246 days later for $872,500. The most recent transaction was for unit 3A, sold for $535,000 on May 17, 2023. Fun fact, the oldest transaction we have on record took place on Dec 19, 1973. See the full transaction history for 71 Ocean Parkway below.

Windsor Terrace, where 71 Ocean Parkway is located, has a median asking price of $850,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $699,000. For interested buyers, that means the building's median asking price is around 0.18% 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 $575,000. It is a 930 sqft 1-bedroom and 1-bathroom unit.