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Image 1 - 701 Gerald Ct Apt 6A, Brooklyn, New York, 11235 - Apartment for sale

Image 2 - 701 Gerald Ct Apt 6A, Brooklyn, New York, 11235 - Apartment for sale

Image 3 - 701 Gerald Ct Apt 6A, Brooklyn, New York, 11235 - Apartment for sale

Image 4 - 701 Gerald Ct Apt 6A, Brooklyn, New York, 11235 - Apartment for sale

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Gerald Ct Apt A, Brooklyn, Property For Sale

701 Gerald Ct Apt 6A, Brooklyn, New York, 11235

Gerald Ct Apt A, Brooklyn, Property For Sale

apartment for sale

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Listed: 07/11/24

701 Gerald Ct Apt 6A, Brooklyn, New York, 11235

Studio Bed:

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Price

$ 349,000

Price: Lower

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About This Apartment

First time on the market: a sunny 2-bedroom apartment in Lincoln Gardens, located on a tree-lined street. This inviting home features a spacious hallway leading to the living room and a windowed eat-in kitchen. Both bedrooms are generously sized, and there's ample storage throughout. The building has been recently renovated, including upgrades to the elevator, boiler, and heater. Additional amenities include rentable storage, a bike room, and a gated common area. The coop's financials are in good standing. Currently temporary assessment for improvements. Located in an amazing area, this apartment is close to transportation, stores, and restaurants

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New York Housing & Living

Average sale prices for apartments

Studio

1 bed

2 bed

Show as List Show as Graph

Month	Median Price
Aug 2024	$804,233 (-8.3%)
Jul 2024	$877,230 (-11.5%)
Jun 2024	$991,647 (-25.8%)
May 2024	$1,336,888 (+5.2%)
Apr 2024	$1,270,463 (-13.7%)
Mar 2024	$1,472,627 (0%)

Price reports demonstrate that median prices for studio apartments for sale in/near New York, United States decreased by 8.3% since August 2024, being at $804,233.

Median price trends for properties for sale in New York, United States as of August 2024.

Household Income

Median household income: $63,799

Number of households: 3,2M

The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.