RealtyLens
for saleRealtyLens property overview
$199,000

1620 Avenue I Apt 505

Brooklyn, NY, 11230
View more Brooklyn, NY property pages
StudioBeds
1Baths
700Sqft
$284$/sqft

Market Insights

Below nearby median-16%

$284/sqft vs a nearby median of $336/sqft.

Nearby median$336/sqft
Nearby properties12
Property size700 sqft
  • -16% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 700 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$249k$229k$269k · 58% confidence
vs ask $199k−$50k (−25.1%)

Asking price is about 25.1% below the fair value — likely to draw competing offers if it's still on market.

$368/sqft median across 3 tight comps × 700 sqft= $258k
  • Open Class C HPD violations−$15k −6.0%
  • Transit access+$6k +2.5%
  • Pre-war character+$6k +2.5%
  • Visible condition issues−$6k −2.5%
Cumulative NYC adjustments−$9k−3.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-16% 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 Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
6 days
Last price change
No change recorded
Listed
May 6, 2026
Photos
22 photos
Property type
coop
Status
for sale

Photos

Building Facts

Year built
1941
Stories
6
Total units
129
Residential units
129
Building area
3.43 ac
Lot size
1.63 ac
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

May 7, 2026Initial record
$199,000for sale

Public Records

DOB violations0 open

50 total recorded against the building

HPD violations276 open

22 class C (immediately hazardous)

ACRIS documents258

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

311 calls (12 mo)34,809

Top: illegal parking

Top complaint types in ZIP 11230

  • Illegal Parking7,642
  • HEAT/HOT WATER4,263
  • Blocked Driveway2,735
  • Noise - Residential2,601
  • UNSANITARY CONDITION1,238

Recent DOB

  • Apr 20, 2022V*-DOB VIOLATION - DISMISSED · FISPHAZ-HAZARDOUS CONDITION (FACADE) FACADE REQUIRED
  • Apr 20, 2022V*-DOB VIOLATION - DISMISSED · FISPHAZ-HAZARDOUS CONDITION (FACADE) FACADE REQUIRED
  • Feb 22, 2022V*-DOB VIOLATION - DISMISSED · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
  • Oct 10, 2021V*-DOB VIOLATION - DISMISSED · EARCX-FAILURE TO SUBMIT EER NONE

Recent HPD

  • Feb 4, 2026Class 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 ON FIRE DOOR...
  • Apr 22, 2025Class B · § 27-2005 HMC: PROPERLY REPAIR OR REPLACE THE BROKEN OR DEFECTIVE LATCH AT COMPACTOR DOOR AT COMPACTOR CLOSET, 1st STORY, SECTION AT NORTH
  • Apr 22, 2025Class 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 LATCH AT COMPACTOR ...
  • Apr 4, 2025Class C · § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING CONSISTING OF PERMANENTLY INSTALLED KICKDOWN DOOR STOPPER AT PUBLIC HALL SIDE AT ENTRANCE DOOR OF ...

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.