1 Montgomery Place

1 Montgomery Place is a condo located in North Slope, Brooklyn. The building was first built in 1910 and is 114 years old. The lot that the building was built on is 112 feet wide and 62 feet long. The official lot area is listed as 6,944 square feet. In total, 1 Montgomery Place has a total floor area of 18,581 square feet. Of that, 18,581 square feet are used for residential purposes. There are a total of 10 units. Of those, 10 are residential units. There are no commercial units in this building. 1 Montgomery Place has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 15 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 109 days Meaning, listings tend to sell at a median of $1,266 price per square foot. The transaction that took the longest to complete was unit 5, listed on Jan 16, 2018 for $2,995,000. This particular unit ultimately sold 140 days later for $2,725,000. The most recent transaction was for unit 5, which was first advertised on Jan 16, 2018, sold for $2,725,000 on Jun 06, 2018. Fun fact, the oldest transaction we have on record took place on Mar 17, 1977. See the full transaction history for 1 Montgomery Place below.

North Slope, where 1 Montgomery Place is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,950,000. For interested buyers, that means the building's median asking price is around 2.47% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,195,000. It is a 1,450 sqft 2-bedroom and 2-bathroom unit.