19 days on rocket

231 Norman Ave Unit 502, New York City, NY, 11222

$495,000

Home List Price

$5,878*

Closing Credit

1 Partial Bath
750 SqFt
$660/SqFt
Condo
Schools Nearby

Location

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231 Norman Ave Unit 502, New York$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1913
MLS #COMP-1552329387078540345
StatusActive

About 231 Norman Ave Unit 502

Welcome to Unit 502 at 231 Norman Avenue aka the Greenpoint Lofts -- a commercial condo building in prime north Brooklyn with a recently redone exterior, a full-time super, low common charges, lower taxes, and a fantastic 10k SF roof deck with 360-degree views. Unit 502 was fully renovated less than five years ago and is currently utilized as a luxury photography studio and office. It features 13.5’ ceilings, large windows facing south that bring in tons of light with unobstructed and PROTECTED views, and a clean layout that could work for many different types of end-users – artist’s studio, creative office, showroom, etc. – or for investors looking at the long-term appreciation in the area. Financially, this condo presents a sensible investment with total expenses of ~$550/month between common charges and taxes, ensuring manageable overhead costs moving forward. Feel free to reach out with additional questions or to schedule a showing at your convenience.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Nathan Horne
  • Agent Phone: (706) 255-5657

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1

Exterior Features

Parking Information:

  • Attached Garage: No

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $660/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

231 Norman Ave Unit 502 vs New York

19 DAYS ON ROCKET

-77 Days

$495,000

-$354.1K Less

$660/SqFt

+$20 More

KEY TAKEAWAY

This property is $354.1K less than the Median Sold Price and $20/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1552329387078540345

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Nathan Horne
  • Agent Phone: (706) 255-5657

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/29/2024, 6:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,938

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4287085
4
/10

  • PS 110 The Monitor

  • 124 Monitor St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-4287086
9
/10

  • PS 34 Oliver H Perry

  • 131 Norman Ave

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-4287087
9
/10

  • PS 31 Samuel F Dupont

  • 75 Meserole Ave

  • 0.52 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,257. Residents of New York, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 231 Norman Ave Unit 502

What is the listing price of this property?

The listing price of 231 Norman Ave Unit 502 property is $495,000.

What type of property is this?

The property 231 Norman Ave Unit 502 is a condo located in New York City, New York, 11222.

Is this property for sale now?

Active Listing: 231 Norman Ave Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 231 Norman Ave Unit 502 has 1 bathroom..

What is the square footage of this property?

The property 231 Norman Ave Unit 502 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 231 Norman Ave Unit 502 is 1913.

Rocket Homes›New York›Kings County›New York›11222›231 Norman Ave Unit 502

This home is located at 231 Norman Ave Unit 502 in New York City, NY and zip code 11222 in the Greenpoint neighborhood. This 750 square foot home was built in 1913. Features: 1 bathroom. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $495,000.

New York, NY housing market in April 2024 saw over 168 listings sold above listed price, more than 758 sold at listed price and over 748 sold below. In April 2024 in New York, NY there were 3.8% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $849,191, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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