The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$420,000
1240 Bedford Ave Apt 3E
Brooklyn, NY, 11216
View more Brooklyn, NY property pagesStudioBeds
1Baths
455Sqft
$923$/sqft
Listing Notes
Back on the market Great opportunity to buy a large, renovated and quiet studio. Unit 3E is located on the 3rd floor with elevator offering abundant closet space and a spacious bathroom featuring a drop-in soaking jacuzzi bathtub.The building features a renovated lobby, on-site laundry, common courtyard with BBQ grills, security cameras, and a video intercom system. A 421-A tax abatement is in place through 2030. The building has recently undergone major renovations, including faade improvements and balcony structural upgrades. Heat, hot water, and cooking gas are included in the common charges. The monthly HOA fees are $530.84, which include a $197.28 capital assessment in place through November 2036. Conveniently located near the A (express) and C (local) subway lines-just a 20-minute ride to Manhattan-with several bus lines only minutes away. Ideally located near the A (express) and C (local) subway lines-just a 20-minute ride to Manhattan-with multiple bus lines nearby. Enjoy close proximity to BAM, the Brooklyn Museum, Brooklyn Botanic Garden, and Prospect Park. The vibrant neighborhood offers an excellent selection of restaurants, cafs, bars, grocery stores, and everyday conveniences.
Market Insights
Above nearby median+6.5%
$923/sqft vs a nearby median of $867/sqft.
Nearby median$867/sqft
Nearby properties8
Property size455 sqft
- +6.5% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 455 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$378k$344k – $412k · 50% confidence
vs ask $420k+$42k (+10.0%)
Asking price is about 10.0% above where comps + adjustments land — there is room to negotiate.
$867/sqft median across 6 tight comps × 455 sqft= $394k
- Open Class C HPD violations−$24k −6.0%
- Transit access+$16k +4.0%
- AI-generated marketing photos−$8k −2.0%
- Modern construction+$6k +1.5%
- Days-on-market gravity−$4k −1.0%
- Visible condition issues−$2k −0.5%
Cumulative NYC adjustments−$16k−4.0%
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.
Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 99 days
- Last price change
- No change recorded
- Listed
- Feb 2, 2026
- Photos
- 11 photos
- Property type
- condos
- Status
- for sale
- Last sold
- Oct 16, 2019 · $355,000
Features & Amenities
ElevatorHardwood FloorsBasementTwo Or More StoriesBig BathroomElevatorBalconyDenSoaking TubHoa
Photos
Building Facts
- Year built
- 2003
- Stories
- 6
- Total units
- 43
- Residential units
- 43
- Building area
- 32,500 sqft
- Lot size
- 11,960 sqft
- Land use
- Multi-family elevator buildings
- Building class
- R4
From NYC public records where available.
Price History
May 6, 2026Initial record
$420,000for sale
Public Records
DOB violations7 open
22 total recorded against the building
HPD violations58 open
6 class C (immediately hazardous)
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,983
Top: heat/hot water
Top complaint types in ZIP 11216
- HEAT/HOT WATER3,947
- Noise - Residential2,989
- Illegal Parking2,387
- UNSANITARY CONDITION1,649
- Noise - Street/Sidewalk1,418
Recent DOB
- Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 20, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Nov 16, 2021V-DOB VIOLATION - ACTIVE · E-ELEVATOR ELEVATORREQUIRED
- Dec 9, 2020V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Nov 4, 2024Class A · § 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM EDGE OF FRAME BETWEEN 48-62 INCHES A...
- Nov 4, 2024Class A · § 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND THE ADDRESS OF THE BUILDING., 1st STORY
- Nov 4, 2024Class A · § 27-2053 ADM CODE POST SIGN ON WALL OF ENTRANCE STORY BEARING NAME, ADDRESS INCLUDING APARTMENT NUMBER IF ANY, AND TELEPHONE NUMBER OF SUPERINTENDENT, JANITOR OR HOUSEKEEPER., ...
- Oct 18, 2024Class 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.