516 Classon Avenue

516 Classon Avenue is a condo located in Clinton Hill, Brooklyn. The building was first built in 2014 and is 10 years old. It was first renovated and altered in 2014. 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 57 feet long. In total, 516 Classon Avenue has a total floor area of 14,158 square feet. Of that, 14,158 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. There are no commercial units in this building. 516 Classon Avenue has a total of 7 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 31 closings on record, of which we have matching data for 12 listings. In the past 3 years, a listing in this building will typically remain on the market for about 202 days and tend to sell below the original asking price of $904,500 by 1.56%. Meaning, listings tend to sell at a median of $1,047 price per square foot. The transaction that took the longest to complete was unit 6A, listed on Mar 04, 2016 for $910,000. This particular unit ultimately sold 327 days later for $900,000. The most recent transaction was for unit 4C, sold for $699,000 on Oct 18, 2022. Fun fact, the oldest transaction we have on record took place on Apr 21, 1971. See the full transaction history for 516 Classon Avenue below.

Clinton Hill, where 516 Classon Avenue is located, has a median asking price of $1,599,000 for condo buildings. Meanwhile, the building itself has a median asking price of $904,500. For interested buyers, that means the building's median asking price is around 0.43% 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.