Soaring Gravesend co-op complex with sweeping views and proximity to Coney Island
“Gravesend is becoming appealing to a lot of new buyers because nearby Bay Ridge has gotten more expensive," says Jerry Minsky, an agent with Douglas Elliman. Located on the south-western edge of Brooklyn, the neighborhood is defined by everything from large single-family homes and semi-detached dwellings to newer condo mid-rises and large postwar co-ops; one of the most prominent being Harway Terrace. Incorporating 364 well-sized residences, the two-building complex occupies a large, landscaped property near the waterfront, the 86-acre Calvert Vaux Park — replete with state-of-the-art sports facilities — many of Coney Island’s beachfront attractions and perhaps most importantly, the Bay 50th St. Subway station served by the D line. A trip to Midtown Manhattan takes just under an hour. For residents who keep their cars in the sizable on-site lot, the Belt Parkway is mere minutes away.
Diverse Layouts with Modern Touches
With most low-rises in the vicinity not climbing more than four floors, Harway Terrace’s 19-story residential blocks tower over the area. Most of the units here have unobstructed views; either of New York’s Lower Bay, the iconic Verrazzano Narrows Bridge, The Manhattan skyline, the wide expanse of Brooklyn toward the north and east, or all four. The competitively priced two- to three-bedroom residences here come with private balconies that make the most of the complex’s unique vistas-rich perch. Designed by prolific early to mid-20th-century area architects Dominick Salvati and John Tricarico in 1963, the two monolithic structures orient on a 45-degree angle to make the most of these views. The co-op is full-service and includes several amenity spaces.
Large one- to three-bedrooms with panoramic vistas and varying degrees of renovation
While one-bedrooms with at least 800 square feet of space sell for around $310,000, slightly larger two-bedrooms go for $450,000 on average. Triple exposure three-bedrooms on the northwestern and southeastern ends of each building sell for closer to $500,000. These 1,250 square feet residences feature large semi-enclosed kitchens and at least two bathrooms. Having sweeping views from almost any room is the real draw. There also tends to be plenty of closet space. As Minsky notes, one gets more bang for their buck here than in Bay Ridge. Comparably sized co-op units in that nearby neighborhood sell for $750,000.
Like with any building of this age, the state of renovation varies greatly from unit to unit and often reflects alterations made by previous owners. If a residence has newer stainless-steel appliances — like in one-bedroom unit A5, selling for $315,000 in winter 2025 — or new laminate flooring — two-bedroom unit 6F, selling for $419,000 at the same time — there’s a slight price increase. Low monthly maintenance fees cover everything: electricity, gas, heating, water and real estate taxes. Parking is included with each residence for a monthly fee of $60.
A sufficient suite of internal amenities and Coney Island a five-minute drive
Harway Terrace has 24/7 security, part-time door attendants and a concierge. There are large, well-equipped laundry rooms in each building’s basement as well as ample cage or locker storage units. Other than views and generous layouts, the main draws here are external. Calvert Vaux Park unfolds across the adjacent Belt Parkway with a comprehensive playground, soccer fields, baseball diamonds, and waterfront picnic lawns. Nearby is a sizable Home Depot and the long-established Parkview Diner, open 24/7. A well-stocked Food Bazaar grocery store is in this close-by strip mall.
While modern French bistro/nightclub-like Russian haunt Orange Grill joins low-key Italian eatery La Casa Bella as area favorites, Bread Plus is a locally beloved bakery right around the corner from Harway Terrace. It’s a great place for residents to grab their coffee and pastry on the way to the Bay 50 St. subway station. Grizzly Coffee is another option for those morning essentials. Niche-rated A- John Dewey High School is right across complex-adjacent Stillwell Avenue, which leads directly into Coney Island. A 15-minute walk and a slightly shorter ride on the B64 bus, this historic boardwalk-laden neighborhood abounds with iconic amusement venues like Luna Park and the New York Aquarium. It’s a popular spot for summertime beach days and New Year's Day polar plunges. Food options here include Nathan’s Famous hot dogs, and old Brooklyn Italian restaurant Gargiulo’s. Authentic Ukrainian and Russian food can be found in nearby Brighton Beach.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
2/ 10
Bikeable
Bike Score®
64/ 100
Very Walkable
Walk Score®
81/ 100
Rider's Paradise
Transit Score®
99/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Marlboro Playground
11 min walk
Basketball
Playground
Scarangella Park
12 min walk
Baseball/Softball
Basketball
Playground
Calvert Vaux Park
15 min walk
Baseball/Softball
Basketball
Soccer
Brighton Playground
2 min drive
Basketball
Playground
Luna Park Playground
2 min drive
Basketball
Playground
Kaiser Park
3 min drive
Baseball/Softball
Basketball
Fishing
Seaside Park
3 min drive
Picnic Area
Playground
Amphitheater
Century Playground
4 min drive
Basketball
Picnic Area
Soccer
Asser Levy Park
4 min drive
Dog Park
Picnic Area
Playground
Schools
Source:
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