--- title: "1240 BEDFORD Avenue #1F, New York City, NY 11216" description: "1240 BEDFORD Avenue #1F, New York City, NY 11216 — Bedford-Stuyvesant, New York City, NY. Listing Price $670,000. Price Reduced: Reduced $29,000 (4.1%) from $699,000 on July 23, 2026. 2 bed, 1 bath, 850 sqft Illustrative Buyer Commission Share of $10,050 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/1240-bedford-avenue-1f-ny-11216" source: "Real Estate Rebate Team" dateModified: "2026-09-23T21:03:26.175Z" status: "Active" --- # 1240 BEDFORD Avenue #1F, New York City, NY 11216 Bedford-Stuyvesant, New York City, NY Courtesy of Brown Harris Stevens Residential Sales LLC Last updated: September 23, 2026, 5:03 PM ## At a Glance - **Listing Price**: $670,000 - **Price Reduced**: Reduced $29,000 (4.1%) from $699,000 on July 23, 2026 - **Beds**: 2 - **Baths**: 1 - **Sqft**: 850 - **Common Charges**: $829 / mo - **Price per Sqft**: $788 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $670,000 - **Illustrative Buyer Commission Share**: -$10,050* - **Illustrative Net Cost**: $659,950 *Illustrative Buyer Savings of $10,050 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cc80c64f-8432-46a1-80dd-84823d5160fc.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ceafc721-eacf-47f5-8bfa-0d4d7c94496e.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/19f818cf-8b4d-42d0-bcde-a2f28e7a4c48.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/04f0ff9b-4b27-457d-a08d-3ffc2f830515.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0c722423-1591-42c9-92a0-2b67be30c8a9.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/94824edf-e6a0-4b21-81c5-4e1939aca7cc.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9780116f-f18e-4c8c-955e-2c31a7f9c405.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/858a955f-46d0-4c64-8326-49ed83ce0596.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6d16b7f4-ab49-48aa-99ee-acee99a2a92c.jpg) ![1240 BEDFORD Avenue #1F, New York City, NY 11216 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/045f2364-ec32-44fa-a3cf-ee87eab2f3e1.jpg) ## Property Overview All showings are by appointment only. Welcome Home to this beautifully renovated, light filled, two-bedroom, one-bathroom approximately 850 square foot Condo that blends contemporary design with timeless character. Perfectly positioned Between Bedford-Stuyvesant & Clinton Hill neighborhoods enables this residence to truly capture the essence of Brooklyn living. Step inside to a thoughtfully reimagined interior where modern updates meet effortless functionality. The renovated vented kitchen features sleek cabinetry, stainless steel appliances, and generous counter space a perfect setting for both quick weekday breakfasts and intimate dinner gatherings. The spacious living and dining area enjoys abundant natural light throughout the day, creating a warm and inviting atmosphere. Both bedrooms are generously proportioned, the updated bathroom continues the home's refined aesthetic with elegant tile-work and contemporary fixtures. For added convenience this home also features full-size washer and dryer. This boutique elevator condominium offers a collection of coveted amenities, such as a common courtyard with BBQ grills, laundry facility, bike storage, parking lot, virtual doorman, super, and a pet-friendly policy. 421-A tax abatement through 2030 Heat, hot water, and cooking gas are included in the common charges This location is truly exceptional, just one block from the A & C trains at Nostrand Avenue for a quick Manhattan commute, and moments from Franklin Avenue and Fulton Street's thriving restaurant and café scene. Enjoy neighborhood favorites like Saraghina, Peaches, and Bar LunÀtico, with the LIRR, CitiBike stations, and multiple bus routes just steps away. Whether you're seeking your first Brooklyn home or a savvy investment in one of the borough's most vibrant neighborhoods, 1240 Bedford Avenue #1F offers an ideal blend of convenience, comfort and value. Please note that there are two monthly assessments. The first assessment is $490.49 per month and is scheduled to expire in 2036. The second is a special assessment of $545.28 per month, which is reviewed annually and evaluated on a year by year basis. Images have been digitally enhanced for illustrative purposes ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 850 sqft - **Stories**: 6 - **Year Built**: 2003 - **Price per Sqft**: $788 - **Common Charges**: $829 / Monthly - **Listed On**: Jun 26, 2026 - **Days on Market**: 97 Days ### Residence Features - Building Other - In Unit - Dining Area - Dishwasher ## Estimated Monthly Payment **$4,217 / month**, assuming a 20% down payment ($134,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,388 - **Common Charges**: $829 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 5 apartments at 1240 BEDFORD Avenue have recorded sales since September 2021, the most recent for $655,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 3H (Apartment) | 2 | 850 | $655,000 | $771/ft² | May 19, 2026 | City record · MLS | | 1D (Apartment) | 2 | 850 | $650,000 | $765/ft² | March 26, 2026 | City record · MLS | | 1H (Apartment) | 1 | 600 | $487,500 | $813/ft² | October 30, 2025 | City record | | 1G (Apartment) | 2 | 850 | $635,000 | $747/ft² | April 16, 2024 | City record · MLS | | 5A (Apartment) | 2 | 850 | $600,000 | $706/ft² | November 17, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $670,000 - **Median sold price**: $642,500 - **Difference**: +$27,500 (+4.3%) - **This home, $/ft²**: $788 - **Median $/ft²**: $756 - **Comparable sales**: 4 - **Sales from**: November 2022 – May 2026 - **Middle half of those sales**: $626,250 – $651,250 Based on two-bedroom sales at 1240 BEDFORD Avenue. ### How these sales were negotiated - **Sale-to-list price**: 97.8% (3 sales) - **Sold below asking**: 67% (3 sales) - **Typical time to find a buyer**: 22 days (3 sales) - **Typical time to close**: 60 days (3 sales) Based on two-bedroom sales at 1240 BEDFORD Avenue with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through May 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 1240 BEDFORD Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1240-bedford-avenue) ## Price and Property History for 1240 BEDFORD Avenue, Unit 1F Review the recorded listing activity for 1240 BEDFORD Avenue, Unit 1F, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $29,000, or 4.1%, on July 23, 2026 - **Originally listed**: June 26, 2026 at $699,000 - **Current asking price**: $670,000 | Date | Price | Listing event | | --- | --- | --- | | July 23, 2026 | $670,000 | Asking price reduced by $29,000, or 4.1% | | June 26, 2026 | $699,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | ## Property Tax History Taxes at 1240 BEDFORD Avenue #1F were $2,047 in 2026, up 306.2% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $70,619 | $3,659 | $66,960 | $65,760 | $2,047 | 12.5% (estimated) | | 2025 (FY 2025/26) | $68,180 | $3,659 | $64,521 | $68,180 | $504 | 12.5% (estimated) | | 2024 (FY 2024/25) | $69,680 | $3,659 | $66,021 | $69,680 | $504 | 12.5% | | 2023 (FY 2023/24) | $64,070 | $3,659 | $60,411 | $64,070 | $504 | 12.502% | | 2022 (FY 2022/23) | $61,008 | $3,659 | $57,349 | $61,008 | $495 | 12.267% | | 2021 (FY 2021/22) | $52,495 | $3,659 | $48,836 | $49,550 | $6,062 | 12.235% | | 2020 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2019 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2018 (FY 2018/19) | $49,299 | $3,659 | $45,640 | $39,347 | $509 | 12.612% | | 2017 (FY 2017/18) | $38,700 | $3,658 | $35,042 | $36,049 | $513 | 12.719% | | 2016 (FY 2016/17) | $38,408 | $3,659 | $34,749 | $34,265 | $520 | 12.892% | | 2015 (FY 2015/16) | $36,615 | $3,659 | $32,956 | $33,658 | $520 | 12.883% | | 2014 (FY 2014/15) | $33,737 | $3,659 | $30,078 | $32,839 | $518 | 12.855% | | 2013 (FY 2013/14) | $32,810 | $3,659 | $29,151 | $32,418 | $530 | 13.145% | | 2012 (FY 2012/13) | $29,772 | $3,658 | $26,114 | $29,854 | $532 | 13.181% | | 2011 (FY 2011/12) | $37,603 | $3,659 | $33,944 | $30,745 | $542 | 13.433% | | 2010 (FY 2010/11) | $35,127 | $3,659 | $31,468 | $28,760 | $539 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3020001005. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1240 BEDFORD Avenue 1240 BEDFORD Avenue, Brooklyn, NY 11216 A building in the neighborhood, currently featuring 2 active listings. - **Year Built**: 2003 - **Active Units**: 2 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1240-bedford-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1F](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/1240-bedford-avenue-1f-ny-11216) | 2 | 1 | 850 sqft | $788 | $670,000 (-4.1%) | Brown Harris Stevens Residential Sales LLC | Jun 26, 2026 | 97 days | | [4B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/1240-bedford-avenue-4b-ny-11216) | 2 | 1 | 850 sqft | $822 | $699,000 | Corcoran Group | Jun 2, 2026 | 121 days | ## Bedford-Stuyvesant Explore more real estate and insights about Bedford-Stuyvesant. [Explore Bedford-Stuyvesant](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Related Links - [1240 BEDFORD Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1240-bedford-avenue) - [Bedford-Stuyvesant neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/bedford-stuyvesant) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.