1240 Bedford Ave

1240 Bedford Ave is a condo located 1240 Bedford Avenue, in Bedford-Stuyvesant, Brooklyn. The building was first built in 2003 and is 21 years old. The lot that the building was built on is 120 feet wide and 100 feet long. The official lot area is listed as 11,960 square feet. The building itself is 62 feet wide and 119 feet long. In total, 1240 Bedford Avenue has a total floor area of 32,500 square feet. Of that, 32,500 square feet are used for residential purposes. There are a total of 43 units. Of those, 43 are residential units. There are no commercial units in this building. 1240 Bedford Avenue has a total of 6 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. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Alternatively, take a stroll around the building's courtyard. Both dogs and cats are allowed in the building! There are 108 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 162 days and tend to sell below the original asking price of $569,000 by 6.64%. Meaning, listings tend to sell at a median of $705 price per square foot. The transaction that took the longest to complete was unit 1D, listed on Oct 04, 2018 for $590,000. This particular unit ultimately sold 276 days later for $550,000. The most recent transaction was for unit 2F, sold for $10 on Nov 27, 2023. Fun fact, the oldest transaction we have on record took place on Sep 17, 1971. See the full transaction history for 1240 Bedford Ave below.

Bedford-Stuyvesant, where 1240 Bedford Avenue is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $569,000. For interested buyers, that means the building's median asking price is around 0.48% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.