The Venetian

The Venetian is a condo located 431 Avenue P, in Ocean Parkway, Brooklyn. The building was first built in 2011 and is 13 years old. The lot that the building was built on is 226 feet wide and 122 feet long. The official lot area is listed as 25,015 square feet. The building itself is 125 feet wide and 85 feet long. In total, 431 Avenue P has a total floor area of 75,054 square feet. Of that, 60,369 square feet are used for residential purposes. About 14,685 square feet of the building are used for commercial purposes. Additionally, the building has a 6,903 square feet garage. There are a total of 80 units. Of those, 32 are residential units. There are 48 commercial units. 431 Avenue P has a total of 6 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 5 elevators in 431 Avenue P.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Alternatively, take a stroll around the building's courtyard. Residents who own pets will be happy to hear that the building is pet-friendly. There are 26 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 143 days Meaning, listings tend to sell at a median of $743 price per square foot. The transaction that took the longest to complete was unit 301, listed on Jun 01, 2017 for $1,521,910. This particular unit ultimately sold 244 days later for $1,577,690. The most recent transaction was for unit 503, sold for $1,170,990 on Nov 28, 2023. Fun fact, the oldest transaction we have on record took place on Jan 29, 2018. See the full transaction history for The Venetian below.

Ocean Parkway, where 431 Avenue P is located, has a median asking price of $647,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,374,754. For interested buyers, that means the building's median asking price is around 2.35% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo 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.