Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $630,000

· Closed January 19, 2017

1240 BEDFORD Avenue #5H
Closed For Sale Condo

$630,000

1240 BEDFORD Avenue #5H

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10084753

RLS at REBNY

Listing by Highline Residential

2

Bedrooms

1

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built N/A
Ownership Condo
HOA/Common Charges $514/mo
Property Taxes $528/yr
Neighborhood Bedford-Stuyvesant

Property Highlights

  • Exposure: North facing
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths null Full
Exposure North
Pets Yes

Listing History

Event Date Price Change
Listed Sep 29, 2016 $630,000 -
Currently Apr 23, 2026 $630,000 -

Description

This beautiful, mint 2 bedroom, 1 bath apartment with a Juliet balcony is located on the 5th floor of the Bedford Place Condominium. The apartment has been gut renovated and features oak hardwood floors and a brand new kitchen with quartz countertops, subway backsplash, professional grade stainless steel appliances, and designer light fixtures. The bathroom is extremely large and depicts Brooklyn charm throughout with its subway tile and industrial fixtures. Both bedrooms fit a queen size bed and have plenty of storage space. The apartment faces East and has beautiful open view of the Brooklyn skyline! 1240 Bedford Avenue is one of the earliest new developments within the thriving Bedfrod-Stuyvesant neighborhood. The building offers a 24 hour security system, voice intercom, elevator, bike storage, storage rooms, laundry room, a picnic area, and car parking (based on availability). This location borders the affluent neighborhoods of Clinton Hill and Prospect heights. It's steps away from amazing local coffee shops and restaurants like The Daily Press, The Corner Grind, Do or Dine, Alice's Arbor, Berg'n, and plenty others. The A/C trains a literally a 5 minute walk away, and commuting to the city is a 20 minute ride. This apartment is a steal, with low monthly common charge of $514 and a tax abatement in place until 2030!

Features & Amenities

Interior Features

Common Area

Building Information

Total Units 43

Financial Details

Common Charges $514/mo
RE Taxes $528/yr ($44/mo)
Sale Price $630,000

Bedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.

Bedford-Stuyvesant Live Market Data

View Neighborhood

Active Listings

89

Median Asking Price

$1.25M

Median $/Sqft

$874

Avg Days on Market

N/A

New This Week

4

Price Reduced

18%

Sold (30 Days)

14

Median Sale Price

$1.90M

Live data from RLS at REBNY • Updated 4/23/26, 9:10 AM EST

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Location

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1240 BEDFORD Avenue #5H, Bedford-Stuyvesant, Kings County

Building Information

Official NYC property records for this building

2003
Year Built
23 years old
6
Floors
43
Residential Units
R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,605,481
Land Value: $135,000
Exemptions: $1,965,362

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

Lot Area: 11,960 SF
Building Area: 32,500 SF
Built FAR: 2.72
Allowed FAR: 3

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 $514 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $528, or roughly $44 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

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

Pet policy requires confirmation with the listing broker.

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: RLS10084753
First Listed: 9/29/2016
Closed: 1/19/2017
Contract Date: 9/29/2016

Listing Courtesy of Highline Residential - Sharon Raizer

Listing Contact: (212) 960-8740

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 4/23/2026 at 1:10 PM UTC

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