Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
231 Norman Avenue #502
Closed For Sale Condo

$400,000

$533 per sq ft

231 Norman Avenue #502

Greenpoint, Brooklyn

MLS® #RLS11031253

RLS at REBNY

Listing by Compass

Studio

0.5

Baths

750

Sq. Ft.

1913

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1 full, 1 half
Living Area 750 sq ft
Year Built 1913
Ownership Condo
HOA/Common Charges $408/mo
Property Taxes $1,860/yr
Neighborhood Greenpoint
Floor 5 of 5

Property Highlights

  • Exposure: South facing
  • Style: Loft architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 0 Full, 1 Half
Floor 5 of 5
Exposure South
Cooling Central Air
Pets Yes
Year Built 1913
Living Area 750 sq ft
Architectural Style Loft
Furnished Unfurnished
Parcel # 02629-1058
Block/Lot 02629/1058

Listing History

Event Date Price Change
Listed Jan 28, 2025 $440,000 -
Price Reduced May 28, 2025 $425,000 -3.4%
Currently May 7, 2026 $400,000 -5.9%

Description

Price adjustment for 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 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.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Private Outdoor Space Under60 Sqft

Building Information

Building Data View Compliance & Permits
Total Units 68
Stories 5
Style Loft

Financial Details

Common Charges $408/mo
RE Taxes $1,860/yr ($155/mo)
Original Price $440,000
Sale Price $400,000
Previous Price $425,000

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

52

Median Asking Price

$1.97M

Median $/Sqft

$1,504

Avg Days on Market

N/A

New This Week

4

Price Reduced

17%

Sold (30 Days)

4

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/7/26, 12:47 PM EST

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Location

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231 Norman Avenue #502, Greenpoint, Kings County

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 $408 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $1,860, or roughly $155 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 0 full bathrooms and 1 half bathroom.

The listed interior living area is 750 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 $400,000 for 750 sq ft, the asking price per square foot is approximately $533. 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: RLS11031253
First Listed: 1/28/2025
On Market: 1/28/2025
Price Changed: 5/28/2025
Closed: 5/28/2025
Contract Date: 1/19/2025

Listing Courtesy of Compass - Nathan M Horne

Listing Contact: (706) 255-5657

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 5/7/2026 at 4:47 PM UTC

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