561 5th Street

561 5th Street is a condo located in Central Slope, Brooklyn. The building was first built in 1904 and is 120 years old. It was first renovated and altered in 2003. The lot that the building was built on is 20 feet wide and 100 feet long. The official lot area is listed as 2,000 square feet. The building itself is 20 feet wide and 45 feet long. In total, 561 5th Street has a total floor area of 4,766 square feet. Of that, 4,766 square feet are used for residential purposes. There are a total of 4 units. Of those, 4 are residential units. There are no commercial units in this building. 561 5th Street 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. Alternatively, take a stroll around the building's garden. Residents who own pets will be happy to hear that the building is pet-friendly. There are 8 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 59 days Meaning, listings tend to sell at a median of $1,037 price per square foot. The transaction that took the longest to complete was unit 2, listed on Oct 10, 2018 for $985,000. This particular unit ultimately sold 69 days later for $1,132,000. The most recent transaction was for unit 2, which was first advertised on Oct 10, 2018, sold for $1,132,000 on Dec 18, 2018. Fun fact, the oldest transaction we have on record took place on Aug 22, 2002. See the full transaction history for 561 5th Street below.

Central Slope, where 561 5th Street is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $917,000. For interested buyers, that means the building's median asking price is around 0.40% 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.