279 Sumpter Street

279 Sumpter Street is a condo located in Ocean Hill, Brooklyn. The building was first built in 2018 and is 6 years old. The lot that the building was built on is 75 feet wide and 75 feet long. The official lot area is listed as 5,625 square feet. The building itself is 64 feet wide and 64 feet long. In total, 279 Sumpter Street has a total floor area of 15,780 square feet. Of that, 12,340 square feet are used for residential purposes. About 3,440 square feet of the building are used for commercial purposes. There are a total of 18 units. Of those, 17 are residential units. There are 1 commercial units. 279 Sumpter Street has a total of 5 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! There are 25 closings on record, of which we have matching data for 13 listings. In the past 3 years, a listing in this building will typically remain on the market for about 295 days and tend to sell above the original asking price of $514,000 by 0.72%. Meaning, listings tend to sell at a median of $889 price per square foot. The transaction that took the longest to complete was unit 2E, listed on Mar 24, 2021 for $589,000. This particular unit ultimately sold 365 days later for $570,000. The most recent transaction was for unit 2B, which was first advertised on Sep 17, 2023, sold for $100,000 on Dec 19, 2023. Fun fact, the oldest transaction we have on record took place on Oct 16, 1968. See the full transaction history for 279 Sumpter Street below.

Ocean Hill, where 279 Sumpter Street is located, has a median asking price of $645,000 for condo buildings. Meanwhile, the building itself has a median asking price of $514,000. For interested buyers, that means the building's median asking price is around 0.20% 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.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,380,000. It is a 0 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $495,000. It is a 557 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $937,500. Collectively, the median square footage of these active units for sale is 279 sqft. Active units for sale at 279 Sumpter Street are mostly studio apartments