$499,000

1240 Bedford Ave Unit 1H Brooklyn, NY 11216

$5,926
Closing credit¹
1 bed
756 sqft
$660 / sqft
Condo

Property details

About 1240 Bedford Ave Unit 1H

Exceptional Opportunity to Own a One-Bedroom Condo in the Heart of Bedford-Stuyvesant Here’s your chance to own a thoughtfully designed one-bedroom condo in one of Brooklyn’s most dynamic and desirable neighborhoods. Situated on a prime block in the heart of Bed-Stuy, this home offers unbeatable access to local hotspots, dining, shopping, and multiple subway lines—everything you need is just around the corner. This modern, elevator building is packed with valuable amenities that make daily life easier and more comfortable. Enjoy the convenience of a full-service laundry room, secure on-site parking garage (waitlist required). The building is pet-friendly and professionally managed, offering a strong sense of community and peace of mind. A standout feature of this property is the generous tax abatement through 2030, which keeps your monthly costs exceptionally low. Combined with very affordable common charges of just $457/month, this is an ideal opportunity for first-time buyers and investors alike. If you're looking for comfort, value, and location all in one—this is it. Don’t miss out—schedule your private tour today and experience the best of Bed-Stuy living.

Highlights

Home typeCondominium
HeatingBaseboard
StatusActive
CoolingWindow Unit(s)
Size756 sqft
Year built2003
Parking1 Space,Wait-List
MLS #493613
FireplaceStove

Summary

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood
  • Fireplace: Stove
  • Total Bedroom Count: 1
  • Parking: 1 Space,Wait-List
  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • List Price: $499,000
  • Price/SqFt: $660
  • HOA Amount: $457
  • Year Built: 2003
  • Living Area: 756 SqFt
  • MLS Number: 493613
  • Office Name: Revived Residential

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Last updated on: 6/21/2025, 12:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1240 Bedford Ave Unit 1H, Brooklyn, NY 11216 - living room with radiator heating unit, electric panel, light wood-style floors, and cooling unit

$499,000

1240 Bedford Ave Unit 1H

$5,926

closing credit¹

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0.5% sale price²

Price information

Property sales

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

Tax history

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Nearby schools

4

P.S. 3 The Bedford VillageSchool

Public District KG-5

0.1 mi

50 Jefferson Ave

4

P.S. 93 William H. Prescott School

Public District KG-6

0.4 mi

31 New York Ave

5

P.S. 56 Lewis H. Latimer School

Public District KG-6

0.4 mi

170 Gates Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,143. The most common annual income of people living in Brooklyn, NY is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

42%
<35k
51%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

63%
Single, No Kids
17%
Single, with Kids
8%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
46%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1240 Bedford Ave Unit 1H

The listing price of 1240 Bedford Ave Unit 1H property is $499,000.

The property 1240 Bedford Ave Unit 1H is a condo located in Brooklyn, New York, 11216.

Active Listing: 1240 Bedford Ave Unit 1H is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1240 Bedford Ave Unit 1H are: P.S. 3 The Bedford VillageSchool (GreatSchools Rating 4/10), P.S. 93 William H. Prescott School (GreatSchools Rating 4/10), P.S. 56 Lewis H. Latimer School (GreatSchools Rating 5/10), Brooklyn East Collegiate Charter School (GreatSchools Rating 7/10), Satellite East Middle School (GreatSchools Rating 3/10), Urban Assembly Unison School (The) (GreatSchools Rating 3/10), Bedford Academy High School (GreatSchools Rating 9/10), Leadership Preparatory Bedford Stuyvesant Charter School (GreatSchools Rating 6/10), Unity Preparatory Charter School of Brooklyn (GreatSchools Rating 6/10).

The property at 1240 Bedford Ave Unit 1H has 1 bedroom and 0 bathroom.

The property 1240 Bedford Ave Unit 1H is 756 SqFt (source: MLS/tax record).

The year of construction for 1240 Bedford Ave Unit 1H is 2003.

This home is located at 1240 Bedford Ave Unit 1H in Brooklyn, NY and zip code 11216 in the Bedford neighborhood. This 756 square foot home was built in 2003. Features: 1 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $499,000.

While more than 37 listings in Brooklyn, NY in May 2025 were sold above asking price, there were more than 227 listings sold at asking price, and more than 172 were sold below. In May 2025 in Brooklyn, NY there were 0.2% more homes for sale than in April. The median list price of listings available in May 2025 was $992,262, while the average time on the real estate market was 118 days.

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

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