The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$1,400,000
470 Jefferson Ave
Brooklyn, NY, 11221
View more Brooklyn, NY property pages10Beds
4Baths
3,132Sqft
$447$/sqft
Listing Notes
THIS IS AN AS-IS SALE! Currently set up as a SRO. Seller will secure Certificate of Non-Harrassment. All-cash offers only.
Market Insights
Below nearby median-56%
$447/sqft vs a nearby median of $1016/sqft.
Nearby median$1016/sqft
Nearby properties8
Property size3,132 sqft
- -56% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,132 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.96M$2.64M – $3.27M · 33% confidence
vs ask $1.40M−$1.56M (−111.3%)
Asking price is about 111.3% below the fair value — likely to draw competing offers if it's still on market.
$1,016/sqft median across 4 tight comps × 3,132 sqft= $3.18M
- Open Class C HPD violations−$191k −6.0%
- Days-on-market gravity−$95k −3.0%
- Pre-war character+$80k +2.5%
- Visible condition issues−$32k −1.0%
- Transit access+$16k +0.5%
Cumulative NYC adjustments−$223k−7.0%
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
- 712 days
- Last price change
- No change recorded
- Listed
- May 30, 2024
- Photos
- 3 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Jun 14, 1989 · $120,000
Building Facts
- Year built
- 1899
- Stories
- 3
- Total units
- 2
- Residential units
- 2
- Building area
- 3,152 sqft
- Lot size
- 1,750 sqft
- Land use
- One and two family buildings
- Building class
- B3
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,400,000for sale
Public Records
DOB violations6 open
6 total recorded against the building
HPD violations75 open
22 class C (immediately hazardous)
ACRIS documents30
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)37,218
Top: noise - residential
Top complaint types in ZIP 11221
- Noise - Residential4,573
- HEAT/HOT WATER3,642
- Illegal Parking3,289
- UNSANITARY CONDITION1,850
- Noise - Street/Sidewalk1,741
Recent DOB
- Oct 31, 2025V-DOB VIOLATION - ACTIVE · UB-UNSAFE BUILDINGS NONE
- Feb 10, 1997V-DOB VIOLATION - ACTIVE · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Aug 29, 1995V-DOB VIOLATION - ACTIVE · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Jun 1, 1994V-DOB VIOLATION - ACTIVE · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Recent HPD
- May 5, 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...
- Jun 10, 2025Class 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 16, 2025Class C · HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1, 1st STORY, 1st APARTMENT FROM SOUTH AT WEST
- Nov 27, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.