RealtyLens
for saleRealtyLens property overview
$285,000

1615 Avenue I Apt 511

Brooklyn, NY, 11230
View more Brooklyn, NY property pages
1Beds
1Baths
950Sqft
$300$/sqft

Listing Notes

Bright and Welcoming 1-Bedroom Co-op in Terrace Gardens - Midwood, Brooklyn Welcome you to a well-maintained 1-bedroom, 1-bathroom co-op in the highly desirable Terrace Gardens community. This inviting apartment offers a generous layout, ample storage, and great natural light, providing a comfortable and stylish home in the heart of Midwood, Brooklyn. Large living and dining area with a flexible layout, perfect for relaxation or entertaining. High ceilings and stylish architectural details, including elegant archways and built-in shelving. Eat-in kitchen with plenty of cabinetry, counter space, and a large window for natural light. Well-proportioned bedroom that easily fits a king-sized bed, with a big window that brings in great natural light. Multiple closets, offering excellent storage solutions. Well-maintained bathroom with classic finishes. Building Amenities: 24/7 security and doorman service for added peace of mind. Live-in superintendent ensuring a well-kept property. Laundry room, storage space, and parking garage (waitlist) for added convenience. Location Location Location Conveniently located near public transportation, shopping, schools, and houses of worship. Close to Avenue J's dining, retail stores, and Brooklyn College. This co-op is move-in ready with the potential for personal updates, making it a fantastic opportunity to create your ideal home in a prime Brooklyn neighborhood. Schedule your showing today!

Market Insights

Below nearby median-18%

$300/sqft vs a nearby median of $364/sqft.

Nearby median$364/sqft
Nearby properties8
Property size950 sqft
  • -18% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 950 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$312k$279k$345k · 33% confidence
vs ask $285k−$27k (−9.5%)

Asking price is about 9.5% below the fair value — likely to draw competing offers if it's still on market.

$355/sqft median across 4 tight comps × 950 sqft= $337k
  • Open Class C HPD violations−$20k −6.0%
  • Days-on-market gravity−$10k −3.0%
  • Transit access+$8k +2.5%
  • Pre-war character+$8k +2.5%
  • Visible condition issues−$7k −2.0%
  • Sparse street life−$5k −1.5%
Cumulative NYC adjustments−$25k−7.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-18% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
444 days
Last price change
No change recorded
Listed
Feb 23, 2025
Photos
26 photos
Property type
coop
Status
for sale

Features & Amenities

ElevatorHigh CeilingShopping

Photos

Building Facts

Year built
1941
Stories
6
Total units
132
Residential units
132
Building area
3.41 ac
Lot size
43,000 sqft
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

May 4, 2026Initial record
$285,000for sale

Public Records

DOB violations7 open

51 total recorded against the building

HPD violations39 open

15 class C (immediately hazardous)

ACRIS documents234

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)34,776

Top: illegal parking

Top complaint types in ZIP 11230

  • Illegal Parking7,634
  • HEAT/HOT WATER4,263
  • Blocked Driveway2,731
  • Noise - Residential2,594
  • UNSANITARY CONDITION1,237

Recent DOB

  • May 3, 2023V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
  • Nov 20, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Nov 20, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Feb 6, 2019V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE

Recent HPD

  • Dec 13, 2025Class B · § 27-2024 ADM CODE PROVIDE ADEQUATE SUPPLY OF HOT WATER FOR THE FIXTURES AT WASHBASIN IN THE BATHROOM LOCATED AT APT 603, 6th STORY, 2nd APARTMENT FROM EAST AT SOUTH , SECTION '...
  • Feb 1, 2025Class B · § 27-2024 ADM CODE PROVIDE ADEQUATE SUPPLY OF COLD WATER FOR THE FIXTURES ... IN THE KITCHEN LOCATED AT APT 604, 6th STORY, 1st APARTMENT FROM SOUTH AT WEST , SECTION ''WEST''
  • Feb 1, 2025Class C · § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE KITCHEN LOCATED AT APT 603, 6th STORY, 2nd APARTMENT FROM EAST AT SOUTH , SECTION ''WEST''
  • Feb 1, 2025Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES IN THE ENTRA...

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.