118 Sterling Place

118 Sterling Place is a condo located in North Slope, Brooklyn. The building was first built in 1920 and is 104 years old. It was first renovated and altered in 1984. The lot that the building was built on is 42 feet wide and 100 feet long. The official lot area is listed as 4,167 square feet. The building itself is 42 feet wide and 89 feet long. In total, 118 Sterling Place has a total floor area of 9,111 square feet. Of that, 9,111 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. There are no commercial units in this building. 118 Sterling Place has a total of 4 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. On weekends, residents can enjoy the building's deck. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 33 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 114 days Meaning, listings tend to sell at a median of $1,275 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Nov 02, 2020 for $750,000. This particular unit ultimately sold 149 days later for $770,000. The most recent transaction was for unit 2B, sold for $0 on Jan 31, 2023. Fun fact, the oldest transaction we have on record took place on Jan 12, 1970. See the full transaction history for 118 Sterling Place below.

North Slope, where 118 Sterling 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 $750,000. For interested buyers, that means the building's median asking price is around 0.51% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units 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 $979,000. It is a 670 sqft 2-bedroom and 1-bathroom unit.