Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $455,000

· Closed August 27, 2021

231 Norman Avenue #501
Closed For Sale Condo

$455,000

$700 per sq ft

231 Norman Avenue #501

Greenpoint, Brooklyn

MLS® #RLS10624887

RLS at REBNY

Listing by Nest Seekers International

Studio

1

Bath

650

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 650 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $331/mo
Property Taxes $852/yr
Neighborhood Greenpoint
Floor 5 of 5

Property Highlights

  • Views: City
  • Exposure: East,North,South facing
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 5 of 5
View City
Exposure East,North,South
Cooling Central Air
Pets Yes
Cross Street Russell Street/North Henry Street
Year Built 1913
Living Area 650 sq ft
Architectural Style Prewar
Parcel # 02629-1057
Block/Lot 2629/7501

Listing History

Event Date Price Change
Listed Apr 15, 2010 $455,000 -
Currently Jun 1, 2026 $455,000 -

Description

COMMERCIAL CONDO ONLY FOR COMMERCIAL USE. An amazing opportunity awaits within 231 Norman,condo converted m1-1 loft building in Greenpoint. This LOFT is located steps away from Manhattan Avenue and 1 block from McGolrick Park and is 5 min walk to G stop on Nassau Avenue. The building used to be a sponge factory but was converted into a building with 13.5 foot ceilings and huge oversized windows. The loft space is a huge 650 square feet with a lot of of natural light which is great for an artist studio or office space. There is also upgrades being done to the building.

The building comes with a gorgeous roof deck with 360 degree views of New York City and a common court yard. It also has a virtual doorman with key fob system, full time super, maintenance, elevator and high tech security. Inexpensive common charges with tax abatement up to June of 2031. Potential rent is up to 3,000 a month. It is a great investment with prices increasing around the area and you will not find such a space anymore in the city!

Features & Amenities

Exterior Features

Building Courtyard Building Roof Deck

Building Information

Financial Details

Common Charges $331/mo
RE Taxes $852/yr ($71/mo)
Sale Price $455,000

Greenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.

Greenpoint Live Market Data

View Neighborhood

Active Listings

67

Median Asking Price

$1.90M

Median $/Sqft

$1,484

Avg Days on Market

N/A

New This Week

7

Price Reduced

24%

Sold (30 Days)

9

Median Sale Price

$1.07M

Live data from RLS at REBNY • Updated 6/1/26, 2:56 PM EST

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Location

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231 Norman Avenue #501, Greenpoint, Kings County • Near Russell Street/North Henry Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1913
Year Built
113 years old
5
Floors
M1-1
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $5,152,504
Land Value: $261,003
Exemptions: $1,073,416

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 15,150 SF
Building Area: 52,088 SF
Built FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $331 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $852, or roughly $71 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 650 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1913, making it approximately 113 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $455,000 for 650 sq ft, the asking price per square foot is approximately $700. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10624887
First Listed: 4/15/2010
Price Changed: 8/31/2021
Closed: 8/27/2021
Contract Date: 8/31/2020

Listing Courtesy of Nest Seekers International - Chester Yow

Listing Contact: (917) 498-9762

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 6:56 PM UTC

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