240 Franklin Avenue

240 Franklin Avenue is a condo located in Bedford-Stuyvesant, Brooklyn. The building was first built in 2004 and is 20 years old. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,500 square feet. The building itself is 23 feet wide and 60 feet long. In total, 240 Franklin Avenue has a total floor area of 12,208 square feet. Of that, 12,208 square feet are used for residential purposes. There are a total of 8 units. Of those, 8 are residential units. There are no commercial units in this building. 240 Franklin Avenue has a total of 5 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's deck. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 7 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 78 days Meaning, listings tend to sell at a median of $723 price per square foot. The transaction that took the longest to complete was unit 1A, listed on Mar 18, 2021 for $1,500,000. This particular unit ultimately sold 78 days later for $1,600,000. The most recent transaction was for unit 1A, which was first advertised on Mar 18, 2021, sold for $1,600,000 on Jun 04, 2021. Fun fact, the oldest transaction we have on record took place on Aug 16, 2004. See the full transaction history for 240 Franklin Avenue below.

Bedford-Stuyvesant, where 240 Franklin Avenue is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,600,000. For interested buyers, that means the building's median asking price is around 2.30% 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.