306 Garfield Place

306 Garfield Place is a Co-op located in Central Slope, Brooklyn. The building was first built in 1899 and is 125 years old. The lot that the building was built on is 21 feet wide and 100 feet long. The official lot area is listed as 2,133 square feet. The building itself is 21 feet wide and 53 feet long. In total, 306 Garfield Place has a total floor area of 6,528 square feet. Of that, 6,528 square feet are used for residential purposes. There are a total of 10 units. Of those, 10 are residential units. 306 Garfield Place has a total of 4 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. 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 18 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 137 days and tend to sell above the original asking price of $474,000 by 4.21%. Meaning, listings tend to sell at a median of $998 price per square foot. The transaction that took the longest to complete was unit 5F, listed on Jun 15, 2017 for $499,000. This particular unit ultimately sold 312 days later for $520,000. The most recent transaction was for unit 1R, which was first advertised on Aug 19, 2021, sold for $725,000 on Dec 01, 2021. Fun fact, the oldest transaction we have on record took place on Feb 15, 1967. See the full transaction history for 306 Garfield Place below.

Central Slope, where 306 Garfield Place is located, has a median asking price of $850,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $474,000. For interested buyers, that means the building's median asking price is around 0.44% 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.

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.