231 Norman Ave #406

Condo in Greenpoint
Active
 for Sale at 231 Norman Avenue, Brooklyn, NY 11222

11

 for Sale at 231 Norman Avenue, Brooklyn, NY 11222
 for Sale at 231 Norman Avenue, Brooklyn, NY 11222
 for Sale at 231 Norman Avenue, Brooklyn, NY 11222
$438,888
Stu
1
Bath
Half Bath
810
Ft²
$542
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
7.79%
Est. Monthly
$2,716
One of A Kind Commercial Condo Loft for SALE in Greenpoint, Brooklyn. Beautiful OPEN VIEWS of NYC from the Loft. High Floor. Excellent move-in Condition. Located on the 4th Floor, out of 5 floors. Open Space with Open Views.
This amazing opportunity To OWN a 231 Norman, condo converted m1-1 loft building in Greenpoint.
This LOFT is located steps away from Manhattan Avenue and 1 block from McGolrick Park and is 5 min walk to G stop on Nassau Avenue.
The building used to be a sponge factory but was converted into a building with 13.5 foot ceilings and huge oversized sun-drenched windows. This space is a Large 810-square-foot Loft with an abundance of of natural light which is...

LISTING AGENT


Building Features

Facilities

Bike RoomStorage Available

Outdoor Space

CourtyardRoof DeckTerrace

Building Style

Prewar

Services

Virtual DoormanDoorman

Home Features

View

City View

Exposure

South ExposureWest Exposure

Price History

Date/EventEventPrice
Jan 26, 2023 Listed by DGSIR RealtyListed by DGSIR Realty$438,888
Dec 22, 2008 SoldSold$26,446,300
Nov 20, 2008 SoldSold$283,583
Jan 11, 2030 Listed by EllimanListed by Elliman$353,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$40,932
ExpensesPer Year
$6,732
Operating ProfitPer Year
$34,200
Cap rate
7.79%

Price Estimate

$536,000$459,025$382,052
20232024202520262027
Current Asking Price

$438,888

HopScore Market Price

$459,025

The current asking price is $20,138 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
Stu
1
650 ft²
$646/ft²
$420,000
$645/mo
Sold
Condo
Stu
1
766 ft²
$548/ft²
$420,000
$362/mo
Sold
Condo
Stu
1
845 ft²
$533/ft²
$450,000
$636/mo
Sold
Condo
Stu
1
650 ft²
$700/ft²
$455,000
$402/mo
Sold
Condo
Stu
1
679 ft²
$523/ft²
$355,000
$379/mo

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Building Info

Greenpoint Lofts231 Norman Avenue, Brooklyn, NY 11222
  • 68 Units
  • 1 Unit for Sale
More about this Building
231 Norman Avenue
Want to find out who owns 231 Norman Avenue, Brooklyn, NY 11222? Get detailed property transactions here .

Neighborhood

About Greenpoint

Stats & Trends

The median asking price in Greenpoint is $1,300,000.
  • Median Asking

    $1,300,000
  • Sale Price/ft²

    $1,046.60
  • Above Asking

    -
  • Days on Market

    100

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
Stu
1
810
$438,888
-/mo
Jan 26, 2023
Active
-
-
-
-
Stu
1
766
$495,000
-/mo
Jan 17, 2023
Withdrawn
-
-
-
-
-
Stu
1
845
$600,000
-/mo
Aug 15, 2022
Withdrawn
-
-
-
-
-
Stu
1
689
$400,000
$322/mo
Mar 23, 2022
Off Market
-
-
-
-
Stu
1
650
$450,000
$645/mo
Oct 4, 2021
Sold
May 12, 2022
220 days
$420,000
-6.67%
Stu
1
725
$520,000
-/mo
Sep 14, 2021
Withdrawn
-
-
-
-
-
Loft
-
$390,000
-/mo
Aug 31, 2021
Sold
Mar 3, 2022
184 days
$430,000
+10.26%
Loft
-
$429,000
-/mo
Aug 31, 2021
Expired
-
-
-
-
-
Stu
1
650
$525,000
$402/mo
Aug 31, 2020
Sold
Sep 22, 2020
22 days
$63,702.50
-87.87%
Stu
1
714
$430,000
$453/mo
Aug 12, 2020
Withdrawn
-
-
-
-

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Unit #406, 231 Norman Avenue, Brooklyn, NY 11222


Frequently Asked Questions

What is the median home price in Northern Brooklyn?
The median home price in Northern Brooklyn is $1,450,000, or $958/sqft. When you buy a home in Northern Brooklyn, you can expect to pay between $945,000 to $2,137,500. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Northern Brooklyn?
The median home price for a studio in Northern Brooklyn is $1,200,000, or $906/sqft.
What is the median home price for a One-Bedroom in Northern Brooklyn?
The median home price for a one-bedroom home in Northern Brooklyn is $750,000, or $1,111/sqft.
What is the median home price for a Two-Bedroom in Northern Brooklyn?
The median home price for a two-bedroom home in Northern Brooklyn is $1,095,000, or $1,108/sqft.
What is the median home price for a Three-Bedroom in Northern Brooklyn?
The median home price for a three-bedroom home in Northern Brooklyn is $1,799,500, or $1,134/sqft.
What is the median home price for a Four+ Bedroom in Northern Brooklyn?
The median home price for a four+ bedroom home in Northern Brooklyn is $1,895,000, or $677/sqft.
What is the breakdown of listings by bedroom count in Northern Brooklyn?
There are currently 479 available properties for sale in Northern Brooklyn. Of those, 8.98% are studio listings, 15.24% are one-bedroom listings, 19.21% are two-bedroom listings, 7.93% are three-bedroom listings, and 48.64% are four+ bedroom listings.
What is the breakdown of listings by property type in Northern Brooklyn?
There are currently 216 condos, 7 houses, 124 townhouses, and 122 multifamilies located in Northern 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 Northern Brooklyn?
The least expensive property sold in Northern Brooklyn for $50,000.
Now, what is the most expensive property sold in the past 12 months in Northern Brooklyn?
The most expensive property sold in Northern Brooklyn for $14,180,000.
How long on average are properties in Northern Brooklyn on the market?
Based on our collected data, properties in Northern Brooklyn are on the market for a median time of 100 days.

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