$780,000
Updated 9 months ago
Off Market

1240 Bedford Ave, 5-B

Bedford Stuyvesant, Brooklyn | Hancock Street & Fulton Street

4 Rooms2 Beds1 Bath850 Square FeetCondo

$780,000
Common Charges$829
RE Taxes$504
Price Per SF
$918

Listing Features

  • Abundant Closets
  • Security System
  • Separate Dining Area
  • Split Bedrooms
  • MultiPaned Windows
  • Dishwasher
  • Galley
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Jacuzzi Tub

Outdoor space and views

  • Balcony
  • East Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Video Intercom
  • Bike Storage
  • Courtyard
  • Elevator
  • Grilling Stations
  • Laundry Room
  • Outdoor Parking
  • Storage

Policies

  • Pets Allowed

Property Description for 1240 Bedford Ave, 5-B

Welcome to this oversized two-bedroom, one-bath condominium with a private outdoor space directly off the living room, ideally situated on the border of Clinton Hill and Bedford-Stuyvesant. The building carries the benefit of a 421A tax abatement in place through 2030.

The home features a modern open kitchen with a breakfast bar, quartz countertops, stainless steel appliances, a dishwasher, and abundant cabinetry-perfect for those who love to cook and entertain. The spacious living room provides ample room for both a dining table and a large sectional sofa, while wood floors and generous closet space are found throughout. The updated bathroom includes sleek fixtures, a rainfall showerhead, and a contemporary vanity. Both bedrooms are oversized, offering plenty of storage.

Residents of 1240 Bedford Avenue enjoy excellent amenities including laundry facilities, bike racks, waitlisted parking, a landscaped common courtyard, elevator access, and pet-friendly living. The recently renovated lobby is equipped with a video intercom and security system.

The building is also undergoing a major eco-friendly transformation designed to enhance both its appearance and efficiency. Upgrades include a new EIFS facade, electric heat pump systems, rooftop solar panels, and triple-pane windows, creating a quieter, more sustainable living environment. Estimated at $3.5 million, the work is primarily funded by city grants, with installation of green panels expected to begin in mid-October.

Transit is unbeatable: the A train is practically outside your door, with quick access to the C, S, and G lines offering a quick commute to and from Manhattan. Surrounded by local restaurants, cafés, shops, and parks, the location couldn't be more convenient.

Heat, hot water, and cooking gas are all included, with the 421A tax abatement secured until 2030.

There is a special monthly assessment of $410.07 that expires in 2030.


Listing History for 1240 Bedford Ave, 5-B

Now
11/13/2025
POM by Michael Gidaly
Douglas Elliman
11/06/2025
$780,000 [-$10,000] [1.3%]
Price Drop by Michael Gidaly
Douglas Elliman

Building Details for 1240 Bedford Ave

OwnershipCondo
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessElevator
Year Built2003
Financing Allowed90%
Floors/Apts6/43
Learn More About the Building

Transit and Citi Bike

Subway

Franklin Av
0.13 miles
Nostrand Av
0.19 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.36 miles

Citi Bike

Hancock St & Bedford Ave
0.04 miles
Brevoort Pl & Bedford Ave
0.1 miles

Contact Agents

Contact Agents

Michael Gidaly
Douglas Elliman
Jack Chiu
Douglas Elliman

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

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.
OLR ID: 379051