475 Sterling

475 Sterling is a condo located 475 Sterling Place, in Prospect Heights, Brooklyn. The building was first built in 2006 and is 18 years old. The lot that the building was built on is 175 feet wide and 131 feet long. The official lot area is listed as 22,925 square feet. The building itself is 175 feet wide and 64 feet long. In total, 475 Sterling Place has a total floor area of 50,017 square feet. Of that, 50,017 square feet are used for residential purposes. There are a total of 68 units. Of those, 45 are residential units. There are 23 commercial units. 475 Sterling Place has a total of 5 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. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Alternatively, take a stroll around the building's garden. 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 92 closings on record, of which we have matching data for 31 listings. In the past 3 years, a listing in this building will typically remain on the market for about 108 days Meaning, listings tend to sell at a median of $1,004 price per square foot. The transaction that took the longest to complete was unit 4I, listed on Sep 16, 2021 for $1,250,000. This particular unit ultimately sold 256 days later for $1,350,000. The most recent transaction was for unit 4D, which was first advertised on May 15, 2023, sold for $1,322,500 on Jul 25, 2023. Fun fact, the oldest transaction we have on record took place on Dec 09, 2008. See the full transaction history for 475 Sterling below.

Prospect Heights, where 475 Sterling Place is located, has a median asking price of $1,599,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,190,000. For interested buyers, that means the building's median asking price is around 0.26% 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 3 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 $1,600,000. It is a 1,631 sqft 2 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,345,000. It is a 1,101 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,590,000. Collectively, the median square footage of these active units for sale is 1,631 sqft. Active units for sale at 475 Sterling Place are mostly 2-bedroom apartments Active units for sale at 475 Sterling Place have a median count of 2 bedrooms and have a median count of 3 bathrooms.