1503 Royce Street

1503 Royce Street is a condo located in Georgetown, Brooklyn. The building was first built in 2005 and is 19 years old. The lot that the building was built on is 622 feet wide and 370 feet long. The official lot area is listed as 188,100 square feet. In total, 1503 Royce Street has a total floor area of 249,590 square feet. Of that, 248,979 square feet are used for residential purposes. About 611 square feet of the building are used for commercial purposes. Additionally, the building has a 611 square feet garage. There are a total of 212 units. Of those, 208 are residential units. There are 4 commercial units. 1503 Royce Street has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 131 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 108 days and tend to sell below the original asking price of $599,999 by 10.17%. Meaning, listings tend to sell at a median of $515 price per square foot. The transaction that took the longest to complete was unit 3C, listed on Dec 16, 2021 for $629,000. This particular unit ultimately sold 108 days later for $565,000. The most recent transaction was for unit 3D, sold for $594,500 on Oct 27, 2022. Fun fact, the oldest transaction we have on record took place on Jul 20, 2003. See the full transaction history for 1503 Royce Street below.

Georgetown, where 1503 Royce Street is located, has a median asking price of $569,000 for condo buildings. Meanwhile, the building itself has a median asking price of $599,999. For interested buyers, that means the building's median asking price is around 1.35% 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.

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.