873 42nd Street

873 42nd Street is a condo located in Sunset Park, Brooklyn. The building was first built in 0 and is 2024 years old. It was first renovated and altered in 2006. The lot that the building was built on is 40 feet wide and 101 feet long. The official lot area is listed as 4,040 square feet. The building itself is 40 feet wide and 93 feet long. In total, 873 42nd Street has a total floor area of 12,582 square feet. Of that, 11,433 square feet are used for residential purposes. About 1,149 square feet of the building are used for commercial purposes. There are a total of 16 units. Of those, 16 are residential units. There are no commercial units in this building. 873 42nd 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. There are 36 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 99 days and tend to sell below the original asking price of $618,500 by 2.53%. Meaning, listings tend to sell at a median of $771 price per square foot. The transaction that took the longest to complete was unit 2B, listed on Apr 14, 2023 for $588,000. This particular unit ultimately sold 125 days later for $580,000. The most recent transaction was for unit 2D, which was first advertised on Jun 13, 2023, sold for $625,000 on Aug 25, 2023. Fun fact, the oldest transaction we have on record took place on Jun 15, 1971. See the full transaction history for 873 42nd Street below.

Sunset Park, where 873 42nd 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 $618,500. For interested buyers, that means the building's median asking price is around 0.59% 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 $838,000. It is a 1,214 sqft 5 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $625,000. It is a 791 sqft 2 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 1 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 $638,000. Collectively, the median square footage of these active units for sale is 805 sqft. Active units for sale at 873 42nd Street are mostly 3-bedroom apartments Active units for sale at 873 42nd Street have a median count of 3 bedrooms and have a median count of 1 bathroom.