$1,562,000 - $1,908,000
RENTED FEB 26, 2025

240 Franklin Ave Unit 1A Brooklyn, NY 11205

Bed-Stuy Neighborhood
3 Beds
3 Baths
2,213 Sq Ft
2004 Built

Last Sold June 04, 2021

Last sale price $1,600,000 $723 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,027/month

Highlights

  • No HOA
  • 5-minute walk to Classon Avenue
  • Laundry Facilities
  • Patio
  • Central Air
  • 2-minute walk to Lafayette Gardens Playground

About This Home

As of February 2025

This massive 3BR (Convertible 4) / 3BA duplex with a private garden offers the space, layout, and feel of a house.

Located on the Clinton Hill border, this sunlit, oversized residence spans over 2,200 SF of interior living space plus 700 SF of private outdoor space, making it a true urban sanctuary.

-Chef’s Kitchen with stainless steel appliances

-Three Full Bathrooms

-Full-Size LG Washer/Dryer

-California Closets for ample storage

-Central AC

Top Floor Highlights:

-King-size primary bedroom with en suite bath

-Queen-size bedroom

-Full-size bedroom

-Eat-in kitchen and dining area

-Additional full bathroom

Lower Level Features:

-Expansive space perfect for an office, creative studio, gym, or play area

-Queen-size bedroom

-Full bathroom

-Laundry room with full-size washer/dryer

Step outside to your private garden, complete with a pergola, ideal for al fresco dining, BBQs, or relaxing with friends and family.

This home combines modern luxury, thoughtful design, and ample space—don’t miss it!

Neighborhood: The area is packed with a variety of restaurants and cafes, including the neighborhood staples like RUSTIK for a laid-back hangout or Bouchon for exceptional wines. Craving more? Head over to DeKalb’s famed Restaurant Row and indulge in some of the area’s finest dining options.

With increased G train service just two blocks away and a 10-minute ride to Downtown Brooklyn, this neighborhood is as convenient as it is vibrant. It really doesn’t get better than this!

Last Agent to Rent the Property

Sonia Hondraki

Compass License #10401314606 Listed on: 01/31/2025

Compass

Co-Listed By

Mia Rann

Compass License #10401360170

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63

Year Built

  • Built in 2004

Home Design

  • 2,213 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Property Available on 1/27/25
  • Tax Block 01926

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Bedford Stuyvesant Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$63

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-01-27

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Bedford-Stuyvesant
  • Entry Level: 1
  • Structure Type: Multi Family
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Fireplace: No
  • Living Area: 2213.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 25.000000x100.000000

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 5
  • Year Built: 2004

Tax Info

  • Tax Block: 01926
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 4, 2021
Sold by
Wirtzer Lauren
Bought by
Han Cheng Sheila Shih
Seller's Agent
Aaron Seawood
Compass
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,830,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,489
Avg. Annual Appreciation
-0.22%

Purchase Details

Closed on
Sep 19, 2006
Sold by
Paulin Georgine
Bought by
Wirtzer Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
24 Franklin Avenue Llc
Bought by
Paulin Georgine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.81%
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
Han Cheng Sheila Shih $1,600,000 --
Wirtzer Lauren $899,000 --
Paulin Georgine $560,038 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wirtzer Lauren $12,059
Previous Owner Wirtzer Lauren $600,000
Previous Owner Paulin Georgine $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Rented $7,800 0.0% --
02/11/2025 02/11/25 Price Changed $7,800 -4.9% $4 / Sq Ft
01/31/2025 01/31/25 For Rent $8,200 0.0% --
06/04/2021 06/04/21 Sold $1,600,000 0.0% $723 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $1,600,000 0.0% $723 / Sq Ft
10/31/2019 10/31/19 Rented -- -- --
10/01/2019 10/01/19 Under Contract -- -- --
09/21/2019 09/21/19 For Rent $7,000 -- --
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 $63 $171,781 $7,131 $164,650
2024 $63 $143,153 $7,131 $136,022
2023 $62 $119,294 $7,131 $112,163
2022 $62 $117,248 $7,131 $110,117
2021 $62 $93,810 $7,131 $86,679
2020 $30 $91,063 $7,131 $83,932
2019 $64 $75,890 $7,131 $68,759
2018 $64 $16,108 $1,816 $14,292
2017 $64 $15,608 $1,981 $13,627
2016 $65 $14,452 $2,022 $12,430
2015 $51 $13,382 $6,427 $6,955
2014 $51 $12,391 $7,130 $5,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11031868

Real Estate Board of New York (REBNY)

APN: 01926-1001