1069 New Jersey Avenue

1069 New Jersey Avenue is a condo located in East New York, Brooklyn. The building was first built in 1990 and is 34 years old. The lot that the building was built on is 200 feet wide and 485 feet long. The official lot area is listed as 915,855 square feet. In total, 1069 New Jersey Avenue has a total floor area of 52,920 square feet. Of that, 52,920 square feet are used for residential purposes. There are a total of 56 units. Of those, 56 are residential units. There are no commercial units in this building.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 90 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 124 days Meaning, listings tend to sell at a median of $380 price per square foot. The transaction that took the longest to complete was unit 2BB, listed on Jun 26, 2020 for $400,000. This particular unit ultimately sold 124 days later for $400,000. The most recent transaction was for unit 3AC, sold for $0 on Jun 15, 2023. Fun fact, the oldest transaction we have on record took place on Jun 11, 1994. See the full transaction history for 1069 New Jersey Avenue below.

East New York, where 1069 New Jersey Avenue is located, has a median asking price of $389,000 for condo buildings. Meanwhile, the building itself has a median asking price of $400,000. For interested buyers, that means the building's median asking price is around 0.78% 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 $396,999. It is a 2-bedroom and 2-bathroom unit.