NOT LISTED FOR SALE

1240 Bedford Ave Unit 5G Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $690,000 - $865,000

2 Beds
1 Bath
850 Sq Ft
$490/mo HOA Fee

Last Sold May 05, 2017

Current estimated payment $4,892/month

124 Days on Market

Highlights

  • Terrace
  • 3-minute walk to Franklin Avenue (A,C,S Line)
  • East Facing Home
  • Laundry Facilities
  • Courtyard
  • 1-minute walk to John Hancock Playground

About This Home

As of May 2017

This large and sunny 2 bedroom apartment offers a great layout for entertaining, featuring oak floors, large ceramic-tiled kitchen w/dishwasher and counter-space galore, marble bathroom with Jacuzzi tub, washer and dryer in the building, and your own private terrace. In addition, this condominium is conveniently located close to public transportation access including the express A Train at Nostrand Avenue and the local C Train at Franklin Avenue just one block away on Fulton Street! Main bus routes including B45, B44, B25, B26 & B65 are all accessible within a few blocks of the building. Call today to view this truly lovely apartment

Last Agent to Sell the Property

Terrence Harding

Compass License #40GI1126630 Listed on: 10/03/2016

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $528

Year Built

  • Built in 2003

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • 850 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Terrace
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$528

Year Built

Built in 2003

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Cross Street: Hancock Street/Fulton Street
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Bedford Stuyvesant
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 850.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 490.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

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

Tax Info

  • Tax Block: 2000
  • Tax Lot: 7501
  • Tax Annual: 528.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
May 4, 2017
Sold by
Ghee Eugene
Bought by
Chan Richard and Chan Tsang Le-Anne
Seller's Agent
Terrence Harding
Compass
Current Estimated Value
$818,481

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bass Lisa and Bass Wilmer Ian
Bought by
Ghee Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.4%

Purchase Details

Closed on
Jan 12, 2005
Sold by
Husain S Shahid
Bought by
Bass Wilmer Ian and Simm Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.67%

Purchase Details

Closed on
Apr 8, 2004
Sold by
1244 Bedford Avenue Llc
Bought by
Husain S Shahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.4%
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
Chan Richard $605,000 --
Chan Richard $605,000 --
Ghee Eugene $385,000 --
Ghee Eugene $385,000 --
Bass Wilmer Ian $300,000 --
Bass Wilmer Ian $300,000 --
Husain S Shahid -- --
Husain S Shahid -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghee Eugene $77,000
Previous Owner Ghee Eugene $308,000
Previous Owner Bass Wilmer I $75,000
Previous Owner Bass Wilmer Ian $45,000
Previous Owner Bass Wilmer Ian $240,000
Previous Owner Husain S Shadid $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold -- -- --
02/04/2017 02/04/17 Pending -- -- --
10/03/2016 10/03/16 For Sale -- -- --
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 $60,399 $3,659 $56,740
2019 $504 $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

  • Terrence Harding

    Seller's Agent in 2017

    Terrence Harding

    Compass

    (212) 945-8769

    2 in this area

    42 Total Sales

    Terrence Harding
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10031863

Real Estate Board of New York (REBNY)

APN: 02000-1038

New York Kings County Brooklyn 11216 Bed-Stuy

1240 Bedford Ave Unit 5G, Brooklyn, NY

This home is located at 1240 Bedford Ave Unit 5G, Brooklyn, NY 11216 since 03 October 2016 and is currently estimated at $818,481, approximately $962 per square foot. This property was built in 2003. 1240 Bedford Ave Unit 5G 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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