1561 West 5th Street

1561 West 5th Street is a condo located in Bensonhurst, Brooklyn. The building was first built in 2003 and is 21 years old. The lot that the building was built on is 40 feet wide and 100 feet long. The official lot area is listed as 4,000 square feet. The building itself is 40 feet wide and 54 feet long. In total, 1561 West 5th Street has a total floor area of 5,920 square feet. Of that, 4,020 square feet are used for residential purposes. There are a total of 6 units. Of those, 6 are residential units. There are no commercial units in this building. 1561 West 5th Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 22 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 147 days and tend to sell below the original asking price of $674,450 by 4.83%. The transaction that took the longest to complete was unit 1A, listed on Aug 23, 2019 for $699,900. This particular unit ultimately sold 158 days later for $655,000. The most recent transaction was for unit 3A, sold for $699,000 on May 27, 2022. Fun fact, the oldest transaction we have on record took place on Feb 01, 1977. See the full transaction history for 1561 West 5th Street below.

Bensonhurst, where 1561 West 5th Street is located, has a median asking price of $699,000 for condo buildings. Meanwhile, the building itself has a median asking price of $674,450. For interested buyers, that means the building's median asking price is around 0.04% 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.