211 SCHERMERHORN Street #5B, New York City, NY 11201

Downtown Brooklyn, New York City, NYCourtesy of Corcoran Group

Last updated:

211 SCHERMERHORN Street #5B, Downtown Brooklyn, Brooklyn, NY 11201 - Main property photo
211 SCHERMERHORN Street #5B, Downtown Brooklyn, Brooklyn, NY 11201 - Property photo 2 of 19
211 SCHERMERHORN Street #5B, Downtown Brooklyn, Brooklyn, NY 11201 - Property photo 3 of 19
211 SCHERMERHORN Street #5B, Downtown Brooklyn, Brooklyn, NY 11201 - Property photo 4 of 19
211 SCHERMERHORN Street #5B, Downtown Brooklyn, Brooklyn, NY 11201 - Property photo 5 of 19
+14

The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.

Contract Purchase Price$1,590,000
Illustrative Buyer Commission Share-$23,850*
Illustrative Net Cost$1,566,150
Listing Price
$1,590,000
Common Charges$1,832 / mo
Monthly Taxes—
Price per Sqft$1,378
Brokerage FeeShare Eligible
2
Beds
2
Baths
1,154
Sqft
Illustrative Buyer Savings
+$23,850*
50% of a 3% buyer-broker commission, shared at closing
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

Send Message

Property Overview

Welcome to #5B at 211 Schermerhorn - a well-designed two-bedroom, two-bath condo in the heart of Downtown Brooklyn offering 1,154 square feet of thoughtfully finished living space, a private balcony, and the kind of kitchen that actually makes cooking at home appealing.

You enter through a spacious foyer complete with a full-height oak closet that keeps coats and everyday clutter out of sight from the moment you walk in. Wide-plank white oak floors run throughout, and the entryway opens naturally into the main living area.

The living room is anchored by floor-to-ceiling steel-f...

Property Details

PROPERTY TYPECondominium
BEDS2
BATHS2
ROOMS4
SQFT1,154 sqft
STORIES14
YEAR BUILT2018
PRICE PER SQFT$1,378
COMMON CHARGES$1,832 / Monthly
LISTED ONSep 17, 2026
DAYS ON MARKET23 Days
 

Residence Features

•Central Air
•Building Other
•Washer Hookup
•In Unit
•Balcony
•Building Roof Deck
•Private Outdoor Space Over 60 Sqft
•High Ceilings
•Dishwasher

Estimated Monthly Payment

$9,872/ month
Principal & Interest$8,04081% of totalCommon Charges$1,83219% of total
Down Payment$318,000 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$8,040
Common Charges
$1,832

Estimates only. Actual payments may vary. Confirm terms with your lender.

Sales and market data

Recent sales

15 apartments at 211 Schermerhorn Street have recorded sales since October 2021, the most recent for $2,100,000 in April 2026. Prices are the figures recorded with the City, not asking prices.

Recorded sales at 211 Schermerhorn Street, October 2021 – April 2026
7-DApartment31,468$2,100,000$1,431/ft²April 14, 2026City record · MLS
8BApartment21,237$1,480,000$1,196/ft²December 21, 2023City record · MLS
14BApartment31,421$1,900,000$1,337/ft²September 7, 2022City record · MLS
5BApartment21,154$1,400,000$1,213/ft²July 12, 2022City record · MLS
12BApartment31,421$1,900,000$1,337/ft²June 28, 2022City record · MLS
11BApartment21,237$1,550,000$1,253/ft²June 17, 2022City record · MLS
9DApartment31,468$2,010,000$1,369/ft²June 2, 2022City record · MLS
6DApartment31,468$1,850,000$1,260/ft²April 22, 2022City record · MLS
4Apartment21,155$2,275,000$1,970/ft²March 29, 2022City record · MLS
7DApartment31,468$1,925,000$1,311/ft²March 10, 2022City record
4CApartment21,134$1,300,000$1,146/ft²February 28, 2022City record · MLS
10DApartmentBedroom count not recorded1,468$1,930,000$1,315/ft²February 22, 2022City record
12AApartment31,820$2,395,000$1,316/ft²November 29, 2021City record · MLS
14AApartment31,820$2,225,000$1,223/ft²November 18, 2021City record · MLS
GRDBApartment31,646$1,900,000$1,154/ft²November 15, 2021City record · MLS

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

How this price compares

This home
$1,590,000
Median sold price
$1,480,000
Difference
+$110,000 (+7.4%)
This home, $/ft²
$1,378
Median $/ft²
$1,213
Comparable sales
5
Sales from
Feb 2022 – Dec 2023

Based on two-bedroom sales at 211 Schermerhorn Street.

More market data
Middle half of those sales
$1,400,000 – $1,550,000

How these sales were negotiated

Sale-to-list price
97.2%
Sold below asking
80%

Based on two-bedroom sales at 211 Schermerhorn Street with the required listing and closing data. Sample sizes vary by metric.

Price trend

Median price per square foot, sales at 211 Schermerhorn Street

Median $/ft² by year for sales at 211 Schermerhorn Street, 2019 to 2022, with the number of sales behind each year
YearMedian $/ft²Sales
2019$1,404/ft²6
2021$1,244/ft²36
2022$1,313/ft²10

Based on recorded sales at 211 Schermerhorn Street.

Sales data through April 2026.

Sale prices and dates are based on NYC ACRIS records. MLS closing dates may differ. Historical sales are not an appraisal or valuation of this property.

Price and Property History for 211 SCHERMERHORN Street, Unit 5B

Review the recorded listing activity for 211 SCHERMERHORN Street, Unit 5B, including asking-price changes and prior market dates.

Last sold (recorded)
$1,400,000 on July 12, 2022
Listing and price history for 211 SCHERMERHORN Street, Unit 5B
DatePriceListing event
$1,590,000Listed for sale by Corcoran Group
$1,599,000Asking price reduced by $51,000, or 3.1%
$1,599,000Listed for sale by Corcoran Group
$1,400,000Sold — recorded sale price
$1,450,000Listed for sale by Corcoran Group
$1,225,900Sold — recorded sale price
$1,450,000Entered contract
$1,450,000Listed for sale by The Corcoran Group

Property Tax History

Taxes at 211 SCHERMERHORN Street #5B were $21,487 in 2026, up 4.4% from 2025.

New York City Department of Finance property tax history for 211 SCHERMERHORN Street #5B, 2020 to 2026
YearTax AssessmentLandAdditionsBillable ValueProperty TaxTax Rate
2026FY 2026/27$183,716$8,488$175,228$171,898$21,48712.5%Estimated
2025FY 2025/26$199,759$8,488$191,271$164,704$20,58812.5%Estimated
2024FY 2024/25$167,725$8,488$159,237$151,038$18,88012.5%
2023FY 2023/24$172,526$8,488$164,038$135,091$16,88912.502%
2022FY 2022/23$152,091$8,488$143,603$118,185$14,49812.267%
2021FY 2021/22$131,427$8,488$122,939$105,367$12,89212.235%
2020FY 2020/21$82,253$8,488$73,765$47,507$5,82812.267%

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3001651215. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

About The Building

211 Schermerhorn Street
Downtown Brooklyn · Condominium

211 Schermerhorn Street

211 Schermerhorn Street, Brooklyn, NY 11201

A building in Downtown Brooklyn, currently featuring 1 active listing.

YEAR BUILT2018
ACTIVE UNITS1
FLOORS14

Interested in 211 Schermerhorn Street?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

5B221,154 sqft$1,378
$1,590,000
Corcoran GroupSep 17, 202622 days
2-B331,646 sqft$1,367
$2,250,000(-4.2%)
In contract
Casa Blanca Real EstateApr 28, 2026164 days

In the Neighborhood

Nearby Schools

Khalil Gibran International Academy0.35 miles
Junior High School 60.41 miles
Packer Collegiate Institute0.45 miles
Brooklyn High School of the Arts0.45 miles
City Polytechnic High School0.45 miles

* Distances are approximate line-of-sight metrics.

Map

Downtown Brooklyn

Overview of Downtown Brooklyn

Downtown Brooklyn is the civic center. For buyers seeking Downtown Brooklyn real estate, it offers high-rise living. Living in Downtown Brooklyn is convenient. As a Brooklyn NYC neighborhood, it is central.

Real Estate

Homes for sale in Downtown Brooklyn are luxury condos.

Lifestyle

The lifestyle is fast-paced.

Transportation

Almost every subway line.

Amenities

City Point (Alamo, Target).

Best For

Convenience lovers.
REBNY Logo

RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.