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1275 East 5th Street

1275 East 5th Street, Brooklyn, NY 11230
Co-op in Midwood
120 Units
1275 East 5th Street is a Co-op located in Midwood, Brooklyn. The building was first built in 1952 and is 72 years old. The lot that the building was built on is 168 feet wide and 140 feet long. The official lot area is listed as 39,351 square feet. The building itself is 149 feet wide and 116 feet long. In total, 1275 East 5th Street has a total floor area of 92,250 square feet. Of that, 92,250 square feet are used for residential purposes. There are a total of 120 units. Of those, 120 are residential units. 1275 East 5th Street has a total of 6 floors.

Interested in learning more about the building? 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! There are 66 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 168 days and tend to sell below the original asking price of $309,500 by 2.01%. Meaning, listings tend to sell at a median of $333 price per square foot. The transaction that took the longest to complete was unit 2E, listed on Jun 05, 2023 for $398,000. This particular unit ultimately sold 244 days later for $390,000. The most recent transaction was for unit 2E, which was first advertised on Jun 05, 2023, sold for $390,000 on Feb 05, 2024. Fun fact, the oldest transaction we have on record took place on May 03, 1972. See the full transaction history for 1275 East 5th Street below.

Midwood, where 1275 East 5th Street is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $309,500. For interested buyers, that means the building's median asking price is around 0.25% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op 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.

Building Features

Condition

New Construction

Parking

Garage Parking
Off Street Parking
Parking Waitlist

Facilities

Laundry Room
This property description is generated based on publicly available data.

9 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240105 Unit 6A
01/05/2024
6A
2 Bed
1 Bath
700 ft²
$295,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
700 ft²
-
-
-
ChaoHui Andrew Chen
RE/MAX Edge
20230922 Unit 2D
09/22/2023
2D
2 Bed
1 Bath
1300 ft²
$430,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1300 ft²
-
-
-
Svetlana Shushkovsky
EXP REALTY BKNY
20230605 Unit 2E
06/05/2023
2E
2 Bed
1 Bath
1100 ft²
$398,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1100 ft²
$390,000 -2.01%
02/05/2024
Svetlana Shushkovsky
eXp Realty BKNY
20221124 Unit 1D
11/24/2022
1D
2 Bed
1 Bath
1000 ft²
$299,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1000 ft²
-
-
-
Alexey Kogan
Keller Williams Realty Empire
20220705 Unit 1G
07/05/2022
1G
2 Bed
1 Bath
900 ft²
$274,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
900 ft²
$300,000 +9.13%
12/06/2022
Alexey Kogan
RE/MAX Edge
20210731 Unit 6C
07/31/2021
6C
Studio
1 Bath
-
$148,500
bedrooms
Studio
bathrooms
1 Bath
$140,000 -5.72%
11/19/2021
Marcia Clarke
Ann Gorg Realty Corp
20210707 Unit 1D
07/07/2021
1D
2 Bed
1 Bath
1100 ft²
$319,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1100 ft²
$230,000 -27.90%
01/05/2022
Gary Weiner
H P GREENFIELD REAL ESTATE LTD
20201110 Unit 6C
11/10/2020
6C
Loft
1 Bath
482 ft²
$140,000
bedrooms
Loft
bathrooms
1 Bath
square feet
482 ft²
-
-
-
marcia clarke
MC Realty Consulting & Mgt.Inc
20200713 Unit 1D
07/13/2020
1D
2 Bed
1 Bath
1100 ft²
$395,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1100 ft²
-
-
-
Gary Weiner
H P Greenfield Real Estate LTD

Building Info

Overview

    General

  • Year Built: 1952
  • Building Count: 1
  • Floor Count: 6
  • Total Unit Count: 120
  • Residential Unit Count: 120
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 39,351
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 168
  • Building Depth: 116
  • Building Frontage: 149
  • Gross Building Area: 92,250

    Building Floor Area

  • Residential Building Floor Area: 92,250

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: D4
  • Lot Type: 3
  • Land Use: 03
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 312
  • City Council District: 44
  • Police Precinct: 66
  • Fire Company: L156
  • Health Area: 7120
  • Sanitation District Borough: 3
  • Sanitation Subsection: 6D
  • School District: 21

Zoning

  • Split Boundary Zone Indicator: Y
  • Zoning: R5
  • Zoning District 2: R6A
  • Special Purpose District 1: OP

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5495
  • Lot: 1014
  • Borough Block Lot: 3054951014

    Address

  • Full Address: 1176 Ocean Parkway
  • Zip Code: 11230

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,954,700
  • Assessed Land Value: $950,850

    Exemptions

  • Exempt Total Value: $41,668
  • Exempt Land Value: $0

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 1275 East 5th Street located in?
The 1275 East 5th Street is a Co-op located in the neighborhood of Midwood in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 1275 East 5th Street?
The average sales price for units in 1275 East 5th Street is $309,500 , or $333/sqft. currently.

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