Terrace Tenants

Terrace Tenants is a Co-op located 7259 Shore Road, in Bay Ridge, Brooklyn. The building was first built in 1955 and is 69 years old. The lot that the building was built on is 156 feet wide and 351 feet long. The official lot area is listed as 40,300 square feet. The building itself is 117 feet wide and 268 feet long. In total, 7259 Shore Road has a total floor area of 152,604 square feet. Of that, 152,604 square feet are used for residential purposes. There are a total of 132 units. Of those, 132 are residential units. 7259 Shore Road 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! Residents who own pets will be happy to hear that the building is pet-friendly. There are 109 closings on record, of which we have matching data for 24 listings. In the past 3 years, a listing in this building will typically remain on the market for about 149 days and tend to sell below the original asking price of $329,000 by 7.34%. Meaning, listings tend to sell at a median of $507 price per square foot. The transaction that took the longest to complete was unit 1L, listed on Jul 24, 2021 for $374,900. This particular unit ultimately sold 319 days later for $300,000. The most recent transaction was for unit 2P, sold for $315,000 on Nov 28, 2023. Fun fact, the oldest transaction we have on record took place on Apr 23, 1970. See the full transaction history for Terrace Tenants below.

Bay Ridge, where 7259 Shore Road is located, has a median asking price of $359,500 for co-op buildings. Meanwhile, the building itself has a median asking price of $329,000. For interested buyers, that means the building's median asking price is around 0.08% 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 are currently 5 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 $369,000. It is a 710 sqft 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $299,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 5 one-bedroom, units for sale! The median price of all the active units for sale in the building is $329,999. Active units for sale at 7259 Shore Road have a median count of 1 bedrooms and have a median count of 1 bathroom.