3031 Brighton 5th Street

3031 Brighton 5th Street is a condo located in Brighton Beach, Brooklyn. The building was first built in 2016 and is 8 years old. The lot that the building was built on is 28 feet wide and 100 feet long. The official lot area is listed as 5,500 square feet. The building itself is 55 feet wide and 59 feet long. In total, 3031 Brighton 5th Street has a total floor area of 18,825 square feet. Of that, 15,854 square feet are used for residential purposes. About 2,971 square feet of the building are used for commercial purposes. Additionally, the building has a 2,971 square feet garage. There are a total of 16 units. Of those, 16 are residential units. There are no commercial units in this building. 3031 Brighton 5th 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 11 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 128 days and tend to sell below the original asking price of $424,000 by 1.75%. Meaning, listings tend to sell at a median of $851 price per square foot. The transaction that took the longest to complete was unit 2D, listed on Mar 15, 2022 for $424,000. This particular unit ultimately sold 253 days later for $422,838. The most recent transaction was for unit 4C, sold for $438,270 on Sep 28, 2023. Fun fact, the oldest transaction we have on record took place on Dec 21, 1970. See the full transaction history for 3031 Brighton 5th Street below.

Brighton Beach, where 3031 Brighton 5th Street is located, has a median asking price of $579,000 for condo buildings. Meanwhile, the building itself has a median asking price of $424,000. For interested buyers, that means the building's median asking price is around 0.27% 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 4 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 $645,000. It is a 770 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $459,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 3 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 $640,000. Collectively, the median square footage of these active units for sale is 770 sqft. Active units for sale at 3031 Brighton 5th Street are mostly 2-bedroom apartments Active units for sale at 3031 Brighton 5th Street have a median count of 2 bedrooms and have a median count of 2 bathrooms.