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for saleRealtyLens property overview
$579,000
49 Erasmus St Apt 1A
Brooklyn, NY, 11226
View more Brooklyn, NY property pages3Beds
1Baths
1,000Sqft
$579$/sqft
Listing Notes
Welcome to the Second Erasmus Place Condos... a beautiful condo development in the heart of the Flatbush/Lefferts Garden neighborhood! This solid brick condo was built in 1990 and has so much to offer! Unit #1A is on the first floor and is approximately 1000 sqft, featuring an "L" shaped living room and dining room, updated kitchen, 3 bedrooms, a modern ceramic tile bath, hardwood floors, in-unit washer and dryer, lots of big closets, plus the primary bedroom has sliding glass doors that lead to your own private outdoor backyard space! Plus, the entire apartment is in great condition and move-in ready! Great location close to shopping, eats and houses of worship. Also close to the famous Kings Theater and Prospect Park! Easy and close commute via the B35, B41 & B16 bus lines plus minutes to the "2" & "5" train and very close to the "B" & "Q" train as well! Very economical, common charges for the condo per month! Come take a look, this one will sell fast!
Market Insights
Below nearby median-19%
$579/sqft vs a nearby median of $714/sqft.
Nearby median$714/sqft
Nearby properties8
Property size1,000 sqft
- -19% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,000 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$675k$614k – $736k · 50% confidence
vs ask $579k−$96k (−16.6%)
Asking price is about 16.6% below the fair value — likely to draw competing offers if it's still on market.
$714/sqft median across 6 tight comps × 1,000 sqft= $714k
- Open Class C HPD violations−$43k −6.0%
- Transit access+$18k +2.5%
- Days-on-market gravity−$11k −1.5%
- Visible condition issues−$4k −0.5%
Cumulative NYC adjustments−$39k−5.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Listing Details
- Days on market
- 104 days
- Last price change
- No change recorded
- Listed
- Jan 28, 2026
- Photos
- 30 photos
- Property type
- condos
- Status
- for sale
- Last sold
- Aug 6, 1990 · $105,000
Features & Amenities
Central AirDining RoomHardwood FloorsPets AllowedUpdated KitchenPrivate BackyardDenShopping NearbyShopping
Photos
Building Facts
- Year built
- 1990
- Stories
- 2
- Total units
- 18
- Residential units
- 18
- Building area
- 17,216 sqft
- Lot size
- 8,932 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- R3
From NYC public records where available.
Price History
May 4, 2026Initial record
$579,000for sale
Public Records
DOB violations45 open
45 total recorded against the building
HPD violations65 open
16 class C (immediately hazardous)
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)59,932
Top: heat/hot water
Top complaint types in ZIP 11226
- HEAT/HOT WATER11,419
- Noise - Residential6,221
- Illegal Parking5,805
- UNSANITARY CONDITION4,038
- Noise - Street/Sidewalk3,173
Recent DOB
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- May 8, 2026Class 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...
- May 4, 2026Class 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...
- May 4, 2026Class 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...
- Apr 29, 2026Class B · § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE 1st ROOM FROM NORTH AT WEST LOCATED AT APT 2D, 2nd STORY, 1st APARTMENT ...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.