NOT LISTED FOR SALE

1240 Bedford Ave Unit 5F Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $690,000 - $920,000

2 Beds
1 Bath
850 Sq Ft
2003 Built

Last Sold October 23, 2014

Last sale price $550,000 $647 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,515/month

Highlights

  • City View
  • 3-minute walk to Franklin Avenue (A,C,S Line)
  • Courtyard
  • Balcony
  • Entrance Foyer
  • 1-minute walk to John Hancock Playground

About This Home

As of June 2024

Welcome home to Unit 5F at 1240 Bedford Avenue! This pin drop quiet 2 bedroom 1 bathroom condo is a gorgeously renovated two-bedroom, one-bathroom condominium in prime Bed-Stuy. This unit features an open concept kitchen with a dishwasher, abundant cabinetry, and stainless steel appliances, making it perfect for those who love to cook and entertain. The kitchen seamlessly transitions into the bright living/dining area, enhanced by large windows and a lovely terrace. Both bedrooms are spacious, offering ample closet space and hardwood flooring throughout. Situated at the back of the building, this unit boasts a quiet and serene living experience. A newly installed washer/dryer makes this a perfect choice for your new home.
1240 Bedford Avenue provides an array of amenities, including a renovated lobby, laundry room, video intercom system, package delivery room, and shared rooftop. Additionally, parking is currently available for rent within the building.
The prime Bed-Stuy condo building is well located and close to all. Near the A/C/S/G trains you can get anywhere you need to go quickly. A quick 20-minute ride will take you to Manhattan. The neighborhood is teeming with fantastic restaurants, bars, cafes, shopping, and parks.
No smoking, pet’s upon approval, heat and hot water included.

Last Agent to Rent the Property

Melissa Bemis

The Agency Brokerage License #10301220835 Listed on: 06/24/2024

The Agency Brokerage

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $504

Year Built

  • Built in 2003

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 850 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Listing and Financial Details

  • Property Available on 6/24/24
  • Legal Lot and Block 7501 / 2000

Community Details

Overview

  • Bedford Stuyvesant Subdivision
  • 6-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$504

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-06-24

Listing Details

  • Cross Street: Hancock Street/Fulton Street
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 5
  • Structure Type: None
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 850.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Storage, Building Courtyard, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area, In Unit

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 6
  • Year Built: 2003

Tax Info

  • Tax Block: 2000
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Oct 23, 2014
Sold by
Bronzan James
Bought by
Tider Andrew
Seller's Agent
Sharon Burroughs-Clarke
Corcoran Group
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$839,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,419
Avg. Annual Appreciation
3.55%
Original Mortgage
$418,000
Outstanding Balance
$323,228
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$481,498

Purchase Details

Closed on
Apr 1, 2005
Sold by
Dunn Lillian
Bought by
Bronzan James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2004
Sold by
1244 Bedford Avenue Llc
Bought by
Dunn Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tider Andrew $550,000 --
Tider Andrew $550,000 --
Bronzan James $315,000 --
Bronzan James $315,000 --
Dunn Lillian $245,000 --
Dunn Lillian $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tider Andrew $191,368
Open Tider Andrew $418,000
Closed Tider Andrew $418,000
Previous Owner Bronzan James $252,000
Previous Owner Dunn Lillian $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Rented $3,800 0.0% --
06/24/2024 06/24/24 For Rent $3,800 +20.6% --
10/02/2021 10/02/21 For Rent $3,150 -99.4% --
10/02/2021 10/02/21 Rented -- -- --
10/23/2014 10/23/14 Sold $550,000 0.0% $647 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $550,000 -- $647 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $504 $68,180 $3,659 $64,521
2024 $504 $69,680 $3,659 $66,021
2023 $504 $64,070 $3,659 $60,411
2022 $495 $61,008 $3,659 $57,349
2021 $6,078 $52,495 $3,659 $48,836
2020 $2,818 $58,838 $3,659 $55,179
2019 $509 $58,838 $3,659 $55,179
2018 $513 $49,299 $3,659 $45,640
2017 $513 $38,700 $3,658 $35,042
2016 $520 $38,408 $3,659 $34,749
2015 $406 $36,615 $3,659 $32,956
2014 $406 $33,737 $3,659 $30,078
Source: Public Records

Agents Affiliated with this Home

  • Melissa Bemis

    Landlord's Agent in 2024

    Melissa Bemis

    The Agency Brokerage

    (908) 812-6831

    8 in this area

    19 Total Sales

    Melissa Bemis
    Section Image
  • Fumiko Akiyama

    Seller's Agent in 2021

    Fumiko Akiyama

    Corcoran Group

    (917) 607-4714

    9 Total Sales

    Fumiko Akiyama
    Section Image
  • Sharon Burroughs-Clarke

    Seller's Agent in 2014

    Sharon Burroughs-Clarke

    Corcoran Group

    (917) 940-2118

    2 in this area

    8 Total Sales

    Sharon Burroughs-Clarke
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10976036

Real Estate Board of New York (REBNY)

APN: 02000-1037

New York Kings County Brooklyn 11216 Bed-Stuy

1240 Bedford Ave Unit 5F, Brooklyn, NY

This home is located at 1240 Bedford Ave Unit 5F, Brooklyn, NY 11216 since 24 June 2024 and is currently priced at $839,419. This property was built in 2003. 1240 Bedford Ave Unit 5F is a home located in Kings County with nearby schools including P.S. 3 - The Bedford Village, Leadership Preparatory Bedford Stuyvesant Charter School, and The Co-op School.

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Real Estate Board of New York (REBNY) 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.

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