429 7th Avenue

429 7th Avenue is a condo located in South Slope, Brooklyn. The building was first built in 1894 and is 130 years old. The lot that the building was built on is 26 feet wide and 97 feet long. The official lot area is listed as 2,522 square feet. In total, 429 7th Avenue has a total floor area of 9,056 square feet. Of that, 8,034 square feet are used for residential purposes. About 1,022 square feet of the building are used for commercial purposes. There are a total of 9 units. Of those, 7 are residential units. There are 2 commercial units. 429 7th Avenue has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 17 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 137 days Meaning, listings tend to sell at a median of $1,059 price per square foot. The transaction that took the longest to complete was unit 4, listed on Apr 08, 2022 for $775,000. This particular unit ultimately sold 137 days later for $750,000. The most recent transaction was for unit 4, which was first advertised on Apr 08, 2022, sold for $750,000 on Aug 23, 2022. Fun fact, the oldest transaction we have on record took place on Aug 12, 1988. See the full transaction history for 429 7th Avenue below.

South Slope, where 429 7th Avenue is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $741,000. For interested buyers, that means the building's median asking price is around 0.51% 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 is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $799,000. It is a 1-bedroom and 2-bathroom unit.