502 New York Avenue

502 New York Avenue is a condo located in Prospect Lefferts Gardens, Brooklyn. The building was first built in 2004 and is 20 years old. The lot that the building was built on is 40 feet wide and 100 feet long. The official lot area is listed as 4,000 square feet. The building itself is 40 feet wide and 65 feet long. In total, 502 New York Avenue has a total floor area of 12,162 square feet. Of that, 12,162 square feet are used for residential purposes. There are a total of 10 units. Of those, 10 are residential units. There are no commercial units in this building. 502 New York Avenue has a total of 6 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. There are 36 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 158 days Meaning, listings tend to sell at a median of $760 price per square foot. The transaction that took the longest to complete was unit 5A, listed on Mar 27, 2021 for $950,000. This particular unit ultimately sold 158 days later for $930,000. The most recent transaction was for unit 5A, which was first advertised on Mar 27, 2021, sold for $930,000 on Sep 02, 2021. Fun fact, the oldest transaction we have on record took place on Feb 04, 1969. See the full transaction history for 502 New York Avenue below.

Prospect Lefferts Gardens, where 502 New York Avenue is located, has a median asking price of $645,000 for condo buildings. Meanwhile, the building itself has a median asking price of $950,000. For interested buyers, that means the building's median asking price is around 1.32% 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.