1489 STERLING PL #2A

Property in Weeksville
In Contract
 for Sale at 1489 Sterling Place, Brooklyn, NY 11213

8

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 for Sale at 1489 Sterling Place, Brooklyn, NY 11213
 for Sale at 1489 Sterling Place, Brooklyn, NY 11213
 for Sale at 1489 Sterling Place, Brooklyn, NY 11213
$489,000
1
Bed
1
Bath
–
Half Bath
591
Ft²
$827
$/ft²
–
Acres
Cap Rate
Est. Monthly
Cap Rate
5.04%
Est. Monthly
$2,744
Introducing 1489 Sterling Place, a brand-new collection of 8 spacious homes with unique details and high-end finishes. This pristine condominium is the latest project by the Katani Development Group, an experienced builder behind some of the most coveted boutiques in central Brooklyn. Residents enjoy some of the best price points in historic Crown Heights without sacrificing space or quality. The building has a lovely entryway with layered crown molding, a massive common roof deck, and easy access to lush parks, restaurants, grocery stores, and cafes.

Unit 2A is a spacious, south-facing 1-bedroom home with a massive walk-in closet with custom woodwork built-ins. Natural light pours through tall windows, accentuating beautiful hardwood floors...

Building Features

Ownership & Occupancy

Sublets Allowed

Outdoor Space

Roof DeckTerrace

Pet Policy

Dogs Allowed / Cats Allowed

Home Features

HVAC

Central A/C

Laundry

Washer / Dryer in UnitWasher / Dryer Allowed in Unit

Exposure

South Exposure

Price History

Date/EventEventPrice
Mar 10, 2023 In contractIn contract-
Jan 19, 2023 Listed by SerhantListed by Serhant$489,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$28,740
ExpensesPer Year
$4,116
Operating ProfitPer Year
$24,624
Cap rate
5.04%

Price Estimate

$570,000$488,774$407,549
20232024202520262027
Current Asking Price

$489,000

HopScore Market Price

$488,774

The current asking price is $225.67 above the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
1
1
613 ft²
$842/ft²
$516,000
$132/mo
Sold
Condo
1
1
755 ft²
$722/ft²
$545,000
$424/mo
Sold
Condo
1
1
465 ft²
$935/ft²
$435,000
$413.49/mo
Sold
Condo
1
1
483 ft²
$828/ft²
$400,000
$401.74/mo
Sold
Condo
1
1
823 ft²
$589/ft²
$485,000
$393/mo

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Building Info

1489 Sterling Place1489 Sterling Place, Brooklyn, NY 11213
  • 2 Units
  • 3 Units for Sale
More about this Building
1489 Sterling Place
Want to find out who owns 1489 Sterling Place, Brooklyn, NY 11213? Get detailed property transactions here .

Neighborhood

About Weeksville

Stats & Trends

The median asking price in Weeksville is $749,999.50.
  • Median Asking

    $749,999.50
  • Sale Price/ft²

    $673.62
  • Below Asking

    0.02%
  • Days on Market

    104

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
1
1
591
$519,000
-/mo
Mar 27, 2023
Active
-
-
-
-
Stu
1
451
$399,000
-/mo
Mar 27, 2023
Active
-
-
-
-
1
1
765
$699,000
-/mo
Mar 27, 2023
Active
-
-
-
-
2
2
914
$799,000
-/mo
Jan 19, 2023
Active
-
-
-
-
1
1
586
$509,000
-/mo
Jan 19, 2023
Active
-
-
-
-
1
1
591
$489,000
-/mo
Jan 19, 2023
In Contract
-
-
-
-
-
1
1
586
$540,000
-/mo
Dec 6, 2022
In Contract
-
-
-
-
-
–
–
-
-
-/mo
-
-
Jun 14, 2019
-
$775,000
-
–
–
-
-
-/mo
-
-
Oct 30, 2014
-
$200,000
-
–
–
-
-
-/mo
-
-
Aug 10, 1998
-
-
-

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Unit #2A, 1489 Sterling Place, Brooklyn, NY 11213


Frequently Asked Questions

What is the median home price in Central Brooklyn?
The median home price in Central Brooklyn is $749,000, or $589/sqft. When you buy a home in Central Brooklyn, you can expect to pay between $466,000 to $1,250,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Central Brooklyn?
The median home price for a studio in Central Brooklyn is $799,000, or $472/sqft.
What is the median home price for a One-Bedroom in Central Brooklyn?
The median home price for a one-bedroom home in Central Brooklyn is $432,450, or $701/sqft.
What is the median home price for a Two-Bedroom in Central Brooklyn?
The median home price for a two-bedroom home in Central Brooklyn is $622,000, or $655/sqft.
What is the median home price for a Three-Bedroom in Central Brooklyn?
The median home price for a three-bedroom home in Central Brooklyn is $750,000, or $616/sqft.
What is the median home price for a Four+ Bedroom in Central Brooklyn?
The median home price for a four+ bedroom home in Central Brooklyn is $1,335,000, or $513/sqft.
What is the breakdown of listings by bedroom count in Central Brooklyn?
There are currently 686 available properties for sale in Central Brooklyn. Of those, 12.39% are studio listings, 23.62% are one-bedroom listings, 20.41% are two-bedroom listings, 12.10% are three-bedroom listings, and 31.49% are four+ bedroom listings.
What is the breakdown of listings by property type in Central Brooklyn?
There are currently 191 condos, 77 houses, 127 townhouses, and 114 multifamilies located in Central Brooklyn. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Central Brooklyn?
The least expensive property sold in Central Brooklyn for $2,400.
Now, what is the most expensive property sold in the past 12 months in Central Brooklyn?
The most expensive property sold in Central Brooklyn for $55,000,000.
How long on average are properties in Central Brooklyn on the market?
Based on our collected data, properties in Central Brooklyn are on the market for a median time of 104 days.

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