Milk Factory

Milk Factory is a Co-op located 270 5th Street, in Central Slope, Brooklyn. The building was first built in 1911 and is 113 years old. It was first renovated and altered in 1989. The lot that the building was built on is 47 feet wide and 198 feet long. The official lot area is listed as 18,597 square feet. The building itself is 100 feet wide and 127 feet long. In total, 270 5th Street has a total floor area of 38,775 square feet. Of that, 38,775 square feet are used for residential purposes. There are a total of 35 units. Of those, 35 are residential units. 270 5th 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 44 closings on record, of which we have matching data for 16 listings. In the past 3 years, a listing in this building will typically remain on the market for about 122 days Meaning, listings tend to sell at a median of $1,126 price per square foot. The transaction that took the longest to complete was unit 2H, listed on Jul 27, 2016 for $1,295,000. This particular unit ultimately sold 254 days later for $1,275,000. The most recent transaction was for unit 2G, which was first advertised on Mar 17, 2023, sold for $1,100,000 on Jun 22, 2023. Fun fact, the oldest transaction we have on record took place on Jun 28, 1983. See the full transaction history for Milk Factory below.

Central Slope, where 270 5th Street is located, has a median asking price of $850,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,050,000. For interested buyers, that means the building's median asking price is around 0.24% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $999,000. It is a 860 sqft 2-bedroom and 1-bathroom unit.