1
Bed
1
Bath
600
Sq Ft
$303/mo
HOA Fee
Highlights
- Laundry Facilities
- 3-minute walk to Franklin Avenue (A,C,S Line)
- 1-minute walk to John Hancock Playground
- Courtyard
- East Facing Home
About This Home
As of January 2020Priced to sell. Spacious 600 sq ft 1 bedroom, 1 bathroom condominium nestled in thriving Bedford-Stuyvesant; shopping, restaurants and transit options couldn?t be more conveniently located near this sought after location. This unit is a dynamic residential opportunity for 1st-time homebuyers!
The first-floor unit boasts an arched entryway leading into the living room, hardwood flooring throughout and natural light (East-facing). The charming galley kitchen is equipped with a dishwasher and ample cabinetry for storage space.
1240 Bedford Avenue offers the following:
Courtyard with Grilling Area, Elevator, Bicycle Storage and Parking, A Pet-Friendly Environment, On-Site Laundry, Superintendent, Video Security
Additionally, ownership at 1240 Bedford Avenue is a prime investment opportunity with 421A tax abatement until 2030 and low common charges.
Don?t miss your chance to call thriving Bedford-Stuyvesant home! Neighborhood staples include Basquiat?s, Pilar, Tilly?s, Metropolitan City Market and Planet Fitness. Transit: A (Nostrand Ave), C (Franklin Ave), G (Bedford-Nostrand), S shuttle and LIRR.
Last Agent to Sell the Property
Sothebys International Realty License #10301208698 Listed on: 05/09/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $296
Year Built
- Built in 2003
HOA Fees
- $303 Monthly HOA Fees
Home Design
- 600 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- East Facing Home
- Window Unit Cooling System
Listing and Financial Details
- Legal Lot and Block 7501 / 2000
Community Details
Overview
- Bedford Stuyvesant Subdivision
- 6-Story Property
Amenities
- Courtyard
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2018
Closed on
Jan 28, 2020
Sold by
Walters Phillip
Bought by
Tanaka Yukiko
Seller's Agent
Steve Sallion
Sothebys International Realty
List Price
$430,000
Sold Price
$430,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Purchase Details
Closed on
Mar 16, 2004
Sold by
1244 Bedford Avenue Llc
Bought by
Walters Phillip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
5.36%
Mortgage Type
Unknown
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $430,000 | -- | |
| Deed | $139,932 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $124,200 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 06/19/2025 06/19/25 | For Sale | $499,000 | +16.0% | $660 / Sq Ft |
| 01/28/2020 01/28/20 | Sold | $430,000 | 0.0% | $717 / Sq Ft |
| 12/24/2019 12/24/19 | Pending | -- | -- | -- |
| 05/10/2018 05/10/18 | For Sale | $430,000 | 0.0% | $717 / Sq Ft |
| 11/18/2014 11/18/14 | Rented | -- | -- | -- |
| 10/19/2014 10/19/14 | Under Contract | -- | -- | -- |
| 05/15/2014 05/15/14 | For Rent | -- | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $296 | $40,053 | $2,150 | $37,903 |
| 2024 | $296 | $40,934 | $2,150 | $38,784 |
| 2023 | $296 | $37,638 | $2,150 | $35,488 |
| 2022 | $290 | $35,839 | $2,150 | $33,689 |
| 2021 | $3,571 | $30,838 | $2,150 | $28,688 |
| 2020 | $2,678 | $35,481 | $2,150 | $33,331 |
| 2019 | $299 | $34,564 | $2,150 | $32,414 |
| 2018 | $301 | $28,961 | $2,150 | $26,811 |
| 2017 | $301 | $22,734 | $2,149 | $20,585 |
| 2016 | $305 | $22,563 | $2,150 | $20,413 |
| 2015 | $239 | $21,509 | $2,150 | $19,359 |
| 2014 | $239 | $19,818 | $2,150 | $17,668 |
Source: Public Records
Agents Affiliated with this Home
-
d
Seller's Agent in 2025
daniel varrella
Revived Residential
(929) 278-1874
4 Total Sales
-
Seller's Agent in 2020
Steve Sallion
Sothebys International Realty
(917) 482-4863
8 in this area
38 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10589768
APN: 02000-1007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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