The Sterling Arms

The Sterling Arms is a Co-op located 296 Sterling Place, in Prospect Heights, Brooklyn. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1989. The lot that the building was built on is 128 feet wide and 119 feet long. The official lot area is listed as 6,871 square feet. The building itself is 128 feet wide and 119 feet long. In total, 296 Sterling Place has a total floor area of 29,724 square feet. Of that, 29,724 square feet are used for residential purposes. There are a total of 22 units. Of those, 22 are residential units. 296 Sterling Place has a total of 6 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. For your convenience, laundry is located in the building. 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 31 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 162 days Meaning, listings tend to sell at a median of $789 price per square foot. The transaction that took the longest to complete was unit 12, listed on Oct 08, 2020 for $1,550,000. This particular unit ultimately sold 273 days later for $1,450,000. The most recent transaction was for unit 6, sold for $0 on May 24, 2023. Fun fact, the oldest transaction we have on record took place on Dec 28, 1981. See the full transaction history for The Sterling Arms below.

Prospect Heights, where 296 Sterling Place is located, has a median asking price of $840,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,195,000. For interested buyers, that means the building's median asking price is around 0.42% 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.

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.