279 1st Street

279 1st Street is a Co-op located in Central Slope, Brooklyn. The building was first built in 1921 and is 103 years old. It was first renovated and altered in 1987. The lot that the building was built on is 32 feet wide and 100 feet long. The official lot area is listed as 3,228 square feet. The building itself is 32 feet wide and 72 feet long. In total, 279 1st Street has a total floor area of 9,216 square feet. Of that, 9,216 square feet are used for residential purposes. There are a total of 12 units. Of those, 12 are residential units. 279 1st 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. Residents who own pets will be happy to hear that the building is pet-friendly. There are 36 closings on record, of which we have matching data for 12 listings. In the past 3 years, a listing in this building will typically remain on the market for about 115 days and tend to sell below the original asking price of $698,000 by 13.60%. Meaning, listings tend to sell at a median of $981 price per square foot. The transaction that took the longest to complete was unit 2C, listed on May 10, 2015 for $698,000. This particular unit ultimately sold 330 days later for $715,000. The most recent transaction was for unit 4B, which was first advertised on Oct 16, 2023, sold for $710,000 on Feb 08, 2024. Fun fact, the oldest transaction we have on record took place on Apr 06, 1977. See the full transaction history for 279 1st Street below.

Central Slope, where 279 1st 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 $698,000. For interested buyers, that means the building's median asking price is around 0.18% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units 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 $735,000. It is a 1-bedroom and 1-bathroom unit.