The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$249,000
2942 W 5th St Apt 7M
Brooklyn, NY, 11224
View more Brooklyn, NY property pages1Beds
1Baths
700Sqft
$356$/sqft
Market Insights
Below nearby median-14%
$356/sqft vs a nearby median of $416/sqft.
Nearby median$416/sqft
Nearby properties8
Property size700 sqft
- -14% 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$276k$257k – $295k · 71% confidence
vs ask $249k−$27k (−10.8%)
Asking price is about 10.8% below the fair value — likely to draw competing offers if it's still on market.
$413/sqft median across 7 tight comps × 700 sqft= $289k
- Transit access+$12k +4.0%
- Open Class C HPD violations−$9k −3.0%
- Days-on-market gravity−$6k −2.0%
- Special flood hazard zone−$6k −2.0%
- Mid-century building era−$4k −1.5%
Cumulative NYC adjustments−$13k−4.5%
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
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
- 116 days
- Last price change
- No change recorded
- Listed
- Jan 16, 2026
- Photos
- 13 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1964
- Stories
- 23
- Total units
- 572
- Residential units
- 572
- Building area
- 14.32 ac
- Lot size
- 4.68 ac
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$249,000for sale
Public Records
DOB violations0 open
86 total recorded against the building
HPD violations28 open
2 class C (immediately hazardous)
ACRIS documents505
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)13,385
Top: illegal parking
Top complaint types in ZIP 11224
- Illegal Parking2,790
- Noise - Residential2,324
- HEAT/HOT WATER809
- UNSANITARY CONDITION608
- Noise - Street/Sidewalk603
Recent DOB
- Jan 6, 2021V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Feb 5, 2019V*-DOB VIOLATION - DISMISSED · FISP-FACADE SAFETY PROGRAM FACADE REQUIRED
- Jun 24, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Sep 15, 2017V*-DOB VIOLATION - DISMISSED · EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED
Recent HPD
- Sep 21, 2025Class B · HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF BEDBUGS IN THE ENTIRE APARTMENT LOCATED AT APT 21O, 21st STORY, 2nd APARTMENT FROM NORTH AT EAST , SECTION ''CENTER''
- Sep 21, 2025Class C · § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING KICK STAND AT LAUNDRY ROOM, 1st STORY, SECTION ''EAST''
- Sep 28, 2023Class B · § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING IN THE BATHROOM LOCATED AT APT 20A, 20th STORY, 3rd APARTMENT FROM SOUTH AT WEST
- Sep 28, 2023Class B · § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... APPROXIMATELY 28 SQUARE FEET AT CEILING IN THE BATHROOM LOCATED AT APT 20A, 20th STORY, 3rd ...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.