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1275 E 5th St APT 5C, Brooklyn, NY, 11230

0beds
1baths
500sqft
$235,000
$470price/sqft
$1,615/moest. monthly cost
$64,600/yrincome needed

About This Home

Welcome to Apartment 5C at 1275 East 5th Street — a well-maintained studio in the heart of Midwood, Brooklyn offering flexibility for both investors and future end users. The unit is outfitted with cherry wood hardwood floors, a pass through kitchen with Formica countertops, wood cabinets, and working appliances along with a windowed bathroom with cast-iron bathtub, ceramic tiles, medicine cabinet, sink, toilet and pocket doors. This bright and functional residence is in good condition and features a practical layout with excellent potential. The apartment is currently tenant-occupied through September 2026 paying $1,460 per month, providing immediate rental income for investors, while also offering the option to be delivered vacant for buyers seeking a future primary residence or pied-à-terre. A rare advantage: the unit may be sublet from day one with board approval, making it an exceptional opportunity for investors looking for flexibility and long-term upside. Low maintenance of $431.20, sublet fees are $86.24. Situated in a pet-friendly building with a live-in superintendent, video cameras throughout, laundry, and a courtyard, this cooperative is conveniently located near shopping, dining, public transportation, and neighborhood amenities, Apartment 5C presents an excellent chance to own in a desirable Brooklyn location with multiple ownership possibilities.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

8/10
Ps 99 Isaac AsimovGrades PK-80.3 mi
3/10

Construction

Condition

  • Year built: 1952

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 500
  • Total interior livable area: 500 sqft

Property

Details

  • Parcel number: 05495101431310675C
  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$72$864
Property Taxes $109$1,308
Electricity $246$2,954
Total$1,615$19,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,371/yr
40% on housing$48,450/yr
45% on housing$43,066/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$470This listing

vs Other Active Listings

Avg $/sqft

ZIP 11230$665
Kings County$698

vs Homes Sold Last Month

Median $/sqft

ZIP 11230$659
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-22Listed for sale$235,000
2015-10-14Sold$127,000
2015-09-04Pending sale$134,000
2011-12-06Listing removed$139,000
2011-03-11Listed for sale$139,000
2010-12-12Listing removed$139,000
2010-12-10Listed for sale$139,000

For Sale by Agent

AgentThomas Lipovetsky
BrokerageThomas Lipovetsky, LREB

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