Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $245,000

· Closed April 26, 2018

12399 Flatlands Avenue #7G
Closed For Sale Condo

$245,000

$368 per sq ft

12399 Flatlands Avenue #7G

East New York, Brooklyn

MeadowWood East at Gateway

MLS® #RLS10032426

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

666

Sq. Ft.

1990

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 666 sq ft
Year Built 1990
Ownership Condo
HOA/Common Charges $402.79/mo
Property Taxes $958.68/yr
Neighborhood East New York
Floor 7 of 1

Property Highlights

  • Exposure: West facing
  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 7 of 1
Exposure West
Cooling Wall Units
Pets Yes
Cross Street Jerome Street & Elton Street
Year Built 1990
Living Area 666 sq ft

Listing History

Event Date Price Change
Listed Nov 22, 2017 $245,000 -
Currently May 13, 2026 $245,000 -

Description

Skyrise Living.Claim your piece of paradise and live the life you deserve in this MeadowWood at Gateway 1-bed*/1-bath condo with a balcony. Why rent someone elses dream, when you can own the one youve worked for? 12399 Flatlands apt 7G is more than meets the eye. This 666 SF home with a 66 SF Balcony was designed to ensure your happiness and provide space to grow. Beautiful bamboo flooring meets you at the door and guides you through this spacious abode. As is, entertaining in this open floorplan is effortless. The kitchen is accentuated with black Ceasar stone counter tops, white frosted glass cabinets, strategically positioned appliances, and opens onto the living and dining areas. The windowed dining area could easily be converted into an additional bedroom, if more private space is needed. The large bedroom, with more than adequate storage, is spacious and easily allocates for large furniture. And when you need a little air, lounge on your private balcony with views of the Brooklyn and NYC skylines. Whats not to love? MeadowWood at Gateway is close to East New Yorks Gateway Mall, which features some of the largest retailers and restaurants. In the vicinity, are multiple bus lines, train lines [3, C, L] and the Long Island Railroad. Near some of the boroughs newest outdoor green spaces, like Penn & Fountain Parks, quick drives on the nearby Belt Parkway put you at JFK airport, multiple beaches, and Downtown Brooklyn in just minutes. And when you factor in a 10 20% down payment puts your mortgage under $1600, Real Estate Love is in the air. Find Your Sweet Spot. *The dining space is 6-6 x 9-10 and can be renovated into a junior bedroom because it is windowed. See alternative floor plan for coverting dining space into a 2nd bedroom.

Features & Amenities

Interior Features

Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Garden Balcony Balcony

Building Information

Financial Details

Common Charges $402.79/mo
RE Taxes $958.68/yr ($80/mo)
Sale Price $245,000

East New York offers a wide range of housing types including semi-detached homes, two-to-four-family houses, brick rowhouses, and new affordable construction developments along major corridors like Atlantic and Pennsylvania Avenues. The neighborhood has strong transit coverage with the 2, 3, 4, and 5 trains on the New Lots Line and the L train along the Canarsie Line, plus the major transfer hub at Broadway Junction. Shirley Chisholm State Park on Jamaica Bay and Spring Creek Park provide waterfront green space along the neighborhood's southern edge.

East New York Live Market Data

View Neighborhood

Active Listings

11

Median Asking Price

$975K

Median $/Sqft

$361

Avg Days on Market

N/A

New This Week

2

Price Reduced

27%

Sold (30 Days)

1

Median Sale Price

$815K

Live data from RLS at REBNY • Updated 5/13/26, 1:33 PM EST

Similar Listings in East New York

View All

Location

Loading map...

12399 Flatlands Avenue #7G, East New York, Kings County • Near Jerome Street & Elton Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

540
Residential Units
R5
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $21,449,841
Land Value: $5,992,011
Exemptions: $382,380

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 456,479 SF
Building Area: 423,957 SF
Built FAR: 0.93
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $402.79 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $958.68, or roughly $80 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 666 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1990, making it approximately 36 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $245,000 for 666 sq ft, the asking price per square foot is approximately $368. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10032426
First Listed: 11/22/2017
Closed: 4/26/2018
Contract Date: 11/22/2017

Listing Courtesy of The Corcoran Group - Toni Martin

Listing Contact: (718) 288-7703

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/13/2026 at 5:33 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton