The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$885,000
500 Waverly Ave Apt 3D
Brooklyn, NY, 11238
View more Brooklyn, NY property pages1Beds
1Baths
642Sqft
$1379$/sqft
Listing Notes
LOCATED IN A MODERN FULL-SERVICE BUILDING WITH EXCEPTIONALLY LOW MONTHLY TAXES OF JUST $45Welcome to Residence 3D at The Waverly Brooklyn, a bright and efficient 1BR / 1BA home at the meeting point of Fort Greene, Prospect Heights & Clinton Hill.The apartment offers:In-unit washer/dryerLarge windows, high ceilings & wide-plank oak floorsSleek chefs kitchen with paneled Bosch appliances and honed quartz countersKing-size bedroom with custom closetsPTAC heating/cooling and great storage throughoutBuilding HighlightsDesigned by renowned GKV Architects and inspired by Bauhaus modernism, this 48-unit condominium was completed in 2017 and benefits from a rare J-51 Tax Abatement through 2042. Amenities include:Landscaped rooftop terrace with skyline viewsResidents lounge with pantry kitchenSecond-floor terrace with grilling stationAttended lobby (7am11pm)Fitness centerChildrens playroomBicycle storagePrivate parking and storage may also be available (subject to availability).NeighborhoodLive moments from beloved local restaurants, cafes, boutiques, Fort Greene Park, Barclays Center, and an unbeatable selection of trains at Atlantic Center & Fulton Street (A/C/G/2/3/4/5/Q/R) for an easy commute to Manhattan.Pet-friendly and investor-friendly. Low monthlies + long tax abatement = excellent value. Some images are virtually staged
Market Insights
Above nearby median+18%
$1379/sqft vs a nearby median of $1167/sqft.
Nearby median$1167/sqft
Nearby properties12
Property size642 sqft
- +18% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 642 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$764k$705k – $823k · 63% confidence
vs ask $885k+$121k (+13.7%)
Asking price is about 13.7% above where comps + adjustments land — there is room to negotiate.
$1,167/sqft median across 7 tight comps × 642 sqft= $749k
- Transit access+$30k +4.0%
- AI-generated marketing photos−$15k −2.0%
- Modern construction+$11k +1.5%
- Visible condition issues−$11k −1.5%
Cumulative NYC adjustments+$15k+2.0%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 45 days
- Last price change
- No change recorded
- Listed
- Mar 28, 2026
- Photos
- 15 photos
- Property type
- condos
- Status
- for sale
- Last sold
- May 8, 2017 · $804,417
Features & Amenities
Laundry RoomGarage 1 Or MoreHigh CeilingPrivate ParkingOutbuildingEfficientViewsChefs KitchenDen
Photos
Building Facts
- Year built
- 2015
- Stories
- 7
- Total units
- 50
- Residential units
- 48
- Building area
- 1.37 ac
- Lot size
- 11,923 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$885,000for sale
Public Records
DOB violations0 open
14 total recorded against the building
HPD violations0 open
1 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,249
Top: illegal parking
Top complaint types in ZIP 11238
- Illegal Parking6,169
- HEAT/HOT WATER3,070
- Noise - Residential2,038
- Noise - Helicopter1,915
- Noise - Street/Sidewalk1,385
Recent DOB
- Jul 16, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Jul 16, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Nov 15, 2019V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
- Nov 15, 2019V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
Recent HPD
- Apr 20, 2021Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.