$689,000 - $884,000
RENTED APR 18, 2025

1240 Bedford Ave Unit 5H Brooklyn, NY 11216

Bed-Stuy Neighborhood
2 Beds
1 Bath
850 Sq Ft
2003 Built

Last Sold January 19, 2017

Last sale price $630,000 $741 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,290/month

Highlights

  • Views
  • 3-minute walk to Franklin Avenue (A,C,S Line)
  • 1-minute walk to John Hancock Playground
  • Zoned Cooling
  • High-Rise Condominium

About This Home

As of April 2025

Available May 15th! First showing Saturday April 5th, by appointment only, 11-12:30.

Welcome home to this immaculate 2 bedroom/1 bathroom apartment located at 1240 Bedford Ave, in an elevator building in Bedstuy bordering Clinton Hill. Head up with me to the 5th floor to find peace, quiet and lots of light! As you enter into the open concept kitchen and living room, you are greeted with North/West light, hardwood floors, a chefs kitchen with dishwasher, and an XL spa like bathroom with dual shower heads. Down the hall you will find two generously sized bedrooms and four large closets (in total) throughout the home. Additional storage is available right outside your door. Each bedroom has a closet, and can fit a queen bed with room for a dresser and/or desk.

The building has wonderful amenities! Laundry in the basement, virtual doorman, parking (can vary on availability- inquire within), bike storage (additional), and a shared common area (coming soon).

The building is undergoing renovations expected to end Fall 2025; the owners have priced accordingly. Post renovation you will have brand new double paned windows, and split system for cooling. A solar canopy on the roof for lounging, a shared common courtyard, to reserve for guests, all while centered in a hub of transportation and neighborhood conveniences. The value goes on and on.

1240 Bedford is located within a block of John Hancock park, and a lot of transportation including: the A/C at Nostrand Ave and S at Franklin (shuttle to prospect park, and the botanical gardens) plus 3 very close citibike stations as well as ample bus lines: B25, B26, B44, B49, B52.

Nearby restaurants include: The Franklin, Glorietta Baldy, Harts, Breuklyn Tequila & Taco Bar, Bed Thai, Fulton Food Court, Shake Shack and more. There is a pharmacy within a 1/2 block and a grocery store across the street.

This unit is not to be missed! What a deal!

Please reach out if there are any questions. Hope to see you at the open house!

Last Agent to Rent the Property

Leigh Wallace

Brown Harris Stevens Brooklyn LLC License #10401278829 Listed on: 04/03/2025

Brown Harris Stevens Brooklyn LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $504

Year Built

  • 2003

Home Design

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • Zoned Cooling
  • Property Views

Community Details

  • High-Rise Condominium
  • Bedford Stuyvesant Subdivision
  • 5-Story Property

Listing and Financial Details

  • Property Available on 5/15/25
  • Legal Lot and Block 7501 / 02000

Condo Details

Home Type

Condominium

Est. Annual Taxes

$504

Year Built

2003

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-05-15

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: ask listing agent,Building Pets Allowed Comments:All pets allowed
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2003

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 850.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Elevator(s)
  • Cooling: Zoned
  • Cooling: No

Condo/Co-op/Association

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

Lot Info

  • Zoning Description: R6A

Building Info

  • New Construction: No
  • Total Stories: 5

Tax Info

  • Tax Block: 02000
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 14, 2016
Sold by
1240 Bedford Ave Llc
Bought by
Littman Desiree and Shah Amit
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$797,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,259
Avg. Annual Appreciation
2.91%
Original Mortgage
$520,000
Outstanding Balance
$429,692
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$377,630

Purchase Details

Closed on
Jun 20, 2014
Sold by
Raizer Sharon
Bought by
1240 Bedford Ave Llc

Purchase Details

Listed on
Sep 9, 2013
Closed on
Sep 5, 2013
Sold by
Chiweshe Phillip
Bought by
Raizer Sharon
Seller's Agent
Lois Thompson
Compass

Purchase Details

Closed on
Jun 18, 2004
Sold by
1244 Bedford Avenue Llc
Bought by
Chiweshe Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.3%
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
Littman Desiree $650,000 --
Littman Desiree $650,000 --
1240 Bedford Ave Llc -- --
Raizer Sharon $330,000 --
Raizer Sharon $330,000 --
Chiweshe Phillip $238,290 --
Chiweshe Phillip $238,290 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Littman Desiree $89,012
Open Littman Desiree $520,000
Closed Littman Desiree $520,000
Previous Owner Chiweshe Phillip $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Rented $4,000 +2.7% --
04/03/2025 04/03/25 For Rent $3,895 0.0% --
01/19/2017 01/19/17 Sold $630,000 0.0% $741 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $630,000 -- $741 / Sq Ft
09/09/2013 09/09/13 Sold -- -- --
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 $495 $64,070 $3,659 $60,411
2022 $493 $61,008 $3,659 $57,349
2021 $495 $52,495 $3,659 $48,836
2020 $243 $60,399 $3,659 $56,740
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

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20013919

Real Estate Board of New York (REBNY)

APN: 02000-1039