RealtyLens
for saleRealtyLens property overview
$649,000

1196 New York Ave

Brooklyn, NY, 11203
View more Brooklyn, NY property pages
4Beds
2Baths
1,620Sqft
$401$/sqft

Market Insights

Below nearby median-40%

$401/sqft vs a nearby median of $665/sqft.

Nearby median$665/sqft
Nearby properties8
Property size1,620 sqft
  • -40% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,620 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.05M$956k$1.15M · 46% confidence
vs ask $649k−$406k (−62.6%)

Asking price is about 62.6% below the fair value — likely to draw competing offers if it's still on market.

$665/sqft median across 5 tight comps × 1,620 sqft= $1.08M
  • Visible condition issues−$43k −4.0%
  • Days-on-market gravity−$32k −3.0%
  • Transit access+$27k +2.5%
  • Pre-war character+$27k +2.5%
Cumulative NYC adjustments−$22k−2.0%

Property Read

FreshnessVerification recommended

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

Market Position-40% 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 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
498 days
Last price change
No change recorded
Listed
Dec 30, 2024
Photos
6 photos
Property type
multi family
Status
for sale

Building Facts

Year built
1910
Stories
2
Total units
2
Residential units
2
Building area
1,620 sqft
Lot size
2,050 sqft
Land use
One and two family buildings
Building class
B3

From NYC public records where available.

Price History

May 4, 2026Initial record
$649,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents23

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

311 calls (12 mo)29,095

Top: heat/hot water

Top complaint types in ZIP 11203

  • HEAT/HOT WATER3,472
  • Illegal Parking2,928
  • Noise - Residential2,634
  • Blocked Driveway2,570
  • UNSANITARY CONDITION1,366

Recent Transfers (ACRIS)

  • Sep 30, 1969DEED

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.