427 Franklin Avenue

427 Franklin Avenue is a condo located in Bedford-Stuyvesant, Brooklyn. The building was first built in 1899 and is 125 years old. The lot that the building was built on is 20 feet wide and 85 feet long. The official lot area is listed as 1,658 square feet. The building itself is 20 feet wide and 35 feet long. In total, 427 Franklin Avenue has a total floor area of 2,223 square feet. Of that, 1,482 square feet are used for residential purposes. There are a total of 2 units. Of those, 2 are residential units. There are no commercial units in this building. 427 Franklin Avenue has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 7 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 153 days and tend to sell above the original asking price of $1,795,000 by 4.78%. Meaning, listings tend to sell at a median of $807 price per square foot. The transaction that took the longest to complete was listed on Feb 08, 2019 for $1,795,000. This particular unit ultimately sold 153 days later for $1,880,750. The most recent transaction which was first advertised on Feb 08, 2019, sold for $1,880,750 on Jul 11, 2019. Fun fact, the oldest transaction we have on record took place on Nov 22, 1968. See the full transaction history for 427 Franklin Avenue below.

Bedford-Stuyvesant, where 427 Franklin Avenue is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,795,000. For interested buyers, that means the building's median asking price is around 2.70% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo 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.