The listing facts are current enough for an initial property review.
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for saleRealtyLens property overview
$6,000,000
1397-1399 Fulton St Unit 1
Brooklyn, NY, 11216
View more Brooklyn, NY property pagesStudioBeds
N/ABaths
8,000Sqft
$750$/sqft
Market Insights
Below nearby median-16%
$750/sqft vs a nearby median of $888/sqft.
Nearby median$888/sqft
Nearby properties11
Property size8,000 sqft
- -16% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 8,000 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$6.86M$6.38M – $7.33M · 70% confidence
vs ask $6.00M−$855k (−14.2%)
Asking price is about 14.2% below the fair value — likely to draw competing offers if it's still on market.
$888/sqft median across 8 tight comps × 8,000 sqft= $7.10M
- Open Class C HPD violations−$426k −6.0%
- Transit access+$178k +2.5%
- Pre-war character+$178k +2.5%
- Days-on-market gravity−$178k −2.5%
Cumulative NYC adjustments−$249k−3.5%
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.
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Listing Details
- Days on market
- 132 days
- Last price change
- No change recorded
- Listed
- Dec 31, 2025
- Photos
- 0 photos
- Property type
- townhomes
- Status
- for sale
Building Facts
- Year built
- 1931
- Stories
- 4
- Total units
- 10
- Residential units
- 8
- Building area
- 8,000 sqft
- Lot size
- 2,527 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- C7
From NYC public records where available.
Price History
May 4, 2026Initial record
$6,000,000for sale
Public Records
DOB violations20 open
20 total recorded against the building
HPD violations14 open
7 class C (immediately hazardous)
ACRIS documents53
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)32,021
Top: heat/hot water
Top complaint types in ZIP 11216
- HEAT/HOT WATER3,947
- Noise - Residential2,989
- Illegal Parking2,387
- UNSANITARY CONDITION1,651
- Noise - Street/Sidewalk1,423
Recent DOB
- Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 20, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- May 4, 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 9, 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 10, 2024Class 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...
- Mar 22, 2023Class 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...
Recent Transfers (ACRIS)
- Apr 23, 2008DEED
- May 27, 1983DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.