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for saleRealtyLens property overview
$140,000
1275 E 51st St Apt 5M
Brooklyn, NY, 11234
View more Brooklyn, NY property pagesStudioBeds
1Baths
550Sqft
$255$/sqft
Comps
Listing Notes
Welcome home to this newly renovated studio coop apartment in the Flatlands neighborhood of Brooklyn. Located within the tree lined streets of the Kings Village development you'll find nearby shopping, playgrounds and a wide array of bus transit along Flatlands Ave and Kings Hwy. This coop apartment is a large studio, full kitchen, subway tiled bath and wooden floors in an elevator building. Seller is offering amazing purchase incentives. Come see it today. This is a Fannie Mae HomePath property.
Market Insights
Below nearby median-5.9%
$255/sqft vs a nearby median of $271/sqft.
Nearby median$271/sqft
Nearby properties8
Property size550 sqft
- -5.9% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 550 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$131k$118k – $144k · 42% confidence
vs ask $140k+$9k (+6.4%)
Asking price is about 6.4% above where comps + adjustments land — there is room to negotiate.
$276/sqft median across 5 tight comps × 550 sqft= $152k
- Open Class C HPD violations−$9k −6.0%
- Transit access−$5k −3.0%
- Days-on-market gravity−$5k −3.0%
- Mid-century building era−$2k −1.5%
Cumulative NYC adjustments−$21k−13.5%
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
- 265 days
- Last price change
- No change recorded
- Listed
- Aug 21, 2025
- Photos
- 14 photos
- Property type
- coop
- Status
- for sale
- Last sold
- Mar 10, 2005 · $58,000
Features & Amenities
City ViewSecurity FeaturesDishwasherHardwood FloorsViewElevatorPlaygroundDenShopping NearbyShopping
Photos
Building Facts
- Year built
- 1965
- Stories
- 6
- Total units
- 156
- Residential units
- 156
- Building area
- 3.43 ac
- Lot size
- 1.36 ac
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$140,000for sale
Public Records
DOB violations9 open
55 total recorded against the building
HPD violations249 open
69 class C (immediately hazardous)
ACRIS documents238
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)30,619
Top: illegal parking
Top complaint types in ZIP 11234
- Illegal Parking6,512
- Blocked Driveway2,786
- Noise - Residential2,279
- Abandoned Vehicle2,054
- Water System1,098
Recent DOB
- Apr 23, 2025V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Oct 29, 2024V-DOB VIOLATION - ACTIVE · C-CONSTRUCTION OTHER OPTIONAL
- Jun 30, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- Apr 29, 2026Class C · HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF ROACHES IN THE ENTIRE APARTMENT LOCATED AT CELLAR APT 1M, 1st CELLAR APT FROM EAST AT SOUTH , SECTION ''NORTH''
- Apr 29, 2026Class C · HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT CELLAR APT 1M, 1st CELLAR APT FROM EAST AT SOUTH , SECTION ''NORTH''
- Apr 29, 2026Class B · § 27-2045(B)(1)(B) HMC, § 12-06, § 12-07, § 12-09 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL CARBON MONOXIDE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH APPL...
- Apr 29, 2026Class B · § 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.