--- title: "1240 Bedford Avenue #4B, New York City, NY 11216" description: "1240 Bedford Avenue #4B, New York City, NY 11216 — Bedford-Stuyvesant, New York City, NY. Listing Price $699,000. 2 bed, 1 bath, 850 sqft Illustrative Buyer Commission Share of $10,485 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/1240-bedford-avenue-4b-ny-11216" source: "Real Estate Rebate Team" dateModified: "2026-09-29T02:11:05.344Z" status: "Active" --- # 1240 Bedford Avenue #4B, New York City, NY 11216 Bedford-Stuyvesant, New York City, NY Courtesy of Corcoran Group Last updated: September 28, 2026, 10:11 PM ## At a Glance - **Listing Price**: $699,000 - **Beds**: 2 - **Baths**: 1 - **Sqft**: 850 - **Common Charges**: $869 / mo - **Monthly Taxes**: $42 / mo - **Price per Sqft**: $822 - **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**: $699,000 - **Illustrative Buyer Commission Share**: -$10,485* - **Illustrative Net Cost**: $688,515 *Illustrative Buyer Savings of $10,485 — 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 (9) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/54a47a51-0aeb-4fc3-9f69-28019b94d17d.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a39646a7-2018-4a0c-affb-7d725ed9547b.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f8777c5-1f86-4560-91ef-e76dcf260990.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/619559a1-6c3e-4025-a80c-94698fa68188.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c66a3a8c-e974-4778-936d-c229d573aa9b.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e6b2c9b-3ebb-4e65-98ac-ff3efa0db413.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d48013e-257b-444e-b7bf-6b252b7a5d4d.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/96881876-bf55-4ddd-adab-cda1b1e67c65.jpg) ![1240 Bedford Avenue #4B, New York City, NY 11216 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0c095ee7-7ce7-4c57-8907-55ca0cd005a4.jpg) ## Property Overview Residence 4B at 1240 Bedford Avenue is a refined two-bedroom, one-bathroom condo in the heart of prime Bed-Stuy and one of only two units in the building with a rare parking space. The updated kitchen is sharp and well-appointed, with refreshed cabinetry opening into a bright, open living and dining area - comfortably sized for a full seating arrangement alongside a small dining table. A Juliet balcony and windows throughout keep the space airy and light-filled. The primary bedroom is scaled for a king, is back facing with southern light and carries a calm, settled quality ensuring a tranquil retreat at night. The second bedroom is also spacious offering room for king sized furniture. Ample storage can be found throughout the home. A tax abatement in place through 2030 meaningfully reduces carrying costs. The building facade and shared courtyard are currently being refreshed, with completion anticipated this April - an investment that will further elevate the building's presence and common spaces. Residents enjoy excellent amenities including laundry facilities, bike racks, a landscaped common courtyard, elevator access, and pet-friendly living. The recently renovated lobby is equipped with a video intercom and security system. One block from the A and C at Nostrand Avenue, with the S and G nearby. Franklin Avenue and Fulton Street are moments away: destination dining, cocktail bars, neighborhood cafés, gyms, grocers, and green space, all within a short distance. A conveniently located home that balances form and function, equipped with parking in one of the borough's most energized neighborhoods. Some photos are virtually staged. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 850 sqft - **Stories**: 6 - **Year Built**: 2003 - **Price per Sqft**: $822 - **Common Charges**: $869 / Monthly - **Monthly Taxes**: $42 / mo - **Listed On**: Jun 2, 2026 - **Days on Market**: 125 Days ### Residence Features - Common On Floor - Common Area - Assigned - Garage - Private Outdoor Space Under 60 Sqft ### Building Amenities - Assigned - Garage ## Estimated Monthly Payment **$4,446 / month**, assuming a 20% down payment ($139,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,535 - **Property Taxes**: $42 - **Common Charges**: $869 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 October 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**: $699,000 - **Median sold price**: $642,500 - **Difference**: +$56,500 (+8.8%) - **This home, $/ft²**: $822 - **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) ## Property Tax History Taxes at 1240 Bedford Avenue #4B 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 3020001025. 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 124 days | | [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 | 100 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.