Atlantic State

Atlantic State is a condo located 489 Atlantic Avenue, in Boerum Hill, Brooklyn. The building was first built in 2005 and is 19 years old. The lot that the building was built on is 22 feet wide and 180 feet long. The official lot area is listed as 3,700 square feet. The building itself is 22 feet wide and 70 feet long. In total, 489 Atlantic Avenue has a total floor area of 11,923 square feet. Of that, 9,588 square feet are used for residential purposes. About 2,335 square feet of the building are used for commercial purposes. There are a total of 9 units. Of those, 8 are residential units. There are 1 commercial units. 489 Atlantic Avenue has a total of 6 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. Better yet, washer and dryers are allowed in each unit. 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 29 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 183 days Meaning, listings tend to sell at a median of $977 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Sep 30, 2015 for $1,100,000. This particular unit ultimately sold 349 days later for $1,100,000. The most recent transaction was for unit 4S, sold for $1,840,000 on Sep 07, 2023. Fun fact, the oldest transaction we have on record took place on Aug 08, 1967. See the full transaction history for Atlantic State below.

Boerum Hill, where 489 Atlantic 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 $1,162,500. For interested buyers, that means the building's median asking price is around 0.24% 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.

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.