---
title: "265 State Street #PH02, New York City, NY 11201"
description: "265 State Street #PH02, New York City, NY 11201 — Boerum Hill, New York City, NY. Listing Price $4,675,000. In contract 8/3/2026. 4 bed, 4 bath, 2,424 sqft Illustrative Buyer Commission Share of $70,125 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-ph02-PH02-ny-11201"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 265 State Street #PH02, New York City, NY 11201

Boerum Hill, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $4,675,000
- **Status**: In contract 8/3/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 4
- **Total Baths**: 4
- **Sqft**: 2,424
- **Common Charges**: $3,200 / mo
- **Monthly Taxes**: $4,290 / mo
- **Price per Sqft**: $1,929
- **Brokerage Fee**: Share Eligible

## 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 below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $4,675,000
- **Illustrative Buyer Commission Share**: -$70,125*
- **Illustrative Net Cost**: $4,604,875

*Illustrative Buyer Savings of $70,125 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![265 State Street #PH02, New York City, NY 11201 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d3189be5-d17b-4b88-8128-bfb45f8b5dc4.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/733bc65f-11f4-4f66-99ca-bf5c5fbaeffa.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9ea8fe77-7e04-4798-8471-f3b9154b3fd0.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a3e7d5ed-d590-473a-b882-dd828821a7c4.png)
![265 State Street #PH02, New York City, NY 11201 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f518f1ec-c448-4f89-9087-d758c94cb74d.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/024990c3-a89b-474d-b7a9-5803bef42cc2.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dcc99c26-41f9-4596-a675-c3792c8d728d.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9777af44-a213-472f-ab23-d538bebfd3ed.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/877d8cb0-cfa9-4f27-9864-5a8461d58626.jpg)
![265 State Street #PH02, New York City, NY 11201 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e195a8e-9ef7-4308-8ece-6e347f090dca.jpg)

## Property Overview

Perched beneath The Boerum’s striking cast-aluminum crown, Penthouse 2 at 265 State Street is one of only four residences at the pinnacle of the building, an extraordinary home defined by privacy, scale, and exceptional outdoor living. Bathed in sunlight and surrounded by open sky, this is a rare Brooklyn penthouse offering that feels both expansive and deeply serene.

Private parking and a dedicated storage unit are included.

At the center of the home is a dramatic 35-foot-long great room, seamlessly blending living and dining spaces beneath soaring ceilings and walls of glass. Four oversized east-facing bay windows flood the interiors with natural light throughout the day while framing sweeping views across Boerum Hill, Carroll Gardens, and beyond. From the rooftop terrace, panoramic vistas extend to New York Harbor and the Manhattan skyline.

The open chef’s kitchen is thoughtfully integrated into the space and finished with custom cabinetry, Silestone quartz countertops, Wolf and Liebherr appliances, and an oversized center island with integrated sink, dishwasher, and seating, equally suited for quiet mornings or larger-scale entertaining.

Upstairs, the nearly 1,200-square-foot private rooftop terrace is truly exceptional and rarely found in Brooklyn condominium living. Wrapped in open exposures and anchored by a pergola, the terrace offers endless possibilities for outdoor dining, lounging, gardening, entertaining, or simply enjoying the calm of your own private retreat above the city.

The south-facing corner primary suite is both peaceful and generously proportioned, featuring a large walk-in closet and a beautifully appointed windowed bath finished with heated Calacatta marble floors, Ferrara marble counters, double porcelain sinks, Toto fixtures, a freestanding soaking tub, and a separate glass-enclosed shower. Refined gunmetal fixtures by Brooklyn-based Watermark add an additional layer of craftsmanship and detail.

Additional features include wide-plank white oak flooring, central air conditioning, and an LG washer and fully vented dryer.

Residents of The Boerum enjoy a thoughtfully curated amenity collection including a fitness center, resident lounge, library, playroom, and a landscaped 15th-floor terrace complete with outdoor kitchen, lawn, and sun-drenched seating areas.

A truly rare offering in the heart of Boerum Hill, Penthouse 2 combines architectural distinction, extraordinary light, sweeping skyline views, and one of the most compelling private rooftop experiences currently available in Brooklyn.

## Property Details

- **Property Type**: Condominium
- **Beds**: 4
- **Total Baths**: 4
- **Rooms**: 10
- **Sqft**: 2,424 sqft
- **Stories**: 19
- **Year Built**: 2016
- **Price per Sqft**: $1,929
- **Common Charges**: $3,200.42 / Monthly
- **Monthly Taxes**: $4,290 / mo
- **Listed On**: May 11, 2026
- **Days on Market**: 125 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- In Unit
- Garage
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Dryer
- Dishwasher
- Washer
- Hardwood

### Building Amenities

- Clubhouse
- Garage

## Sales Evidence

### Recent closed sales

36 apartments at 265 State Street have recorded sales since September 2021, the most recent for $1,200,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [812](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-812-ny-11201) (Apartment) | 1 | 902 | $1,200,000 | $1,330/ft² | August 18, 2026 | MLS |
| [1113](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-1113-ny-11201) (Apartment) | 3 | 1,496 | $2,550,000 | $1,705/ft² | August 3, 2026 | MLS |
| [901](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-901-ny-11201) (Apartment) | 3 | 1,744 | $2,720,000 | $1,560/ft² | July 10, 2026 | MLS |
| 1508 (Apartment) | 2 | 1,332 | $1,995,000 | $1,498/ft² | June 9, 2026 | City record · MLS |
| 1202 (Apartment) | 3 | 1,705 | $2,637,500 | $1,547/ft² | June 4, 2026 | City record |
| 904 (Apartment) | 1 | 768 | $975,000 | $1,270/ft² | November 6, 2025 | City record |
| 1601 (Apartment) | 4 | 2,500 | $3,850,000 | $1,540/ft² | September 16, 2025 | City record |
| 1010 (Apartment) | 2 | 1,283 | $1,825,000 | $1,422/ft² | July 16, 2025 | City record · MLS |
| 1401 (Apartment) | 3 | 1,744 | $2,675,000 | $1,534/ft² | April 24, 2025 | City record |
| 806 (Apartment) | 2 | 1,353 | $1,840,000 | $1,360/ft² | April 7, 2025 | City record · MLS |
| 1107 (Apartment) | 3 | 1,765 | $2,665,000 | $1,510/ft² | January 23, 2025 | City record |
| 1209 (Apartment) | 3 | 1,553 | $2,500,000 | $1,610/ft² | October 24, 2024 | City record · MLS |
| 1605 (Apartment) | 4 | 2,405 | $4,250,000 | $1,767/ft² | June 17, 2024 | City record |
| 701 (Apartment) | 3 | 1,745 | $3,225,000 | $1,848/ft² | June 3, 2024 | City record · MLS |
| 1101 (Apartment) | 3 | 1,744 | $2,725,000 | $1,563/ft² | February 20, 2024 | City record · MLS |
| 814 (Apartment) | 2 | 1,266 | $1,710,000 | $1,351/ft² | February 15, 2024 | City record · MLS |
| 1111 (Apartment) | 2 | — | $2,075,000 | — | August 28, 2023 | City record · MLS |
| 704 (Apartment) | 1 | 768 | $900,000 | $1,172/ft² | July 7, 2023 | City record |
| 1109 (Apartment) | 3 | 1,553 | $2,460,000 | $1,584/ft² | July 7, 2023 | City record · MLS |
| 1902 (Apartment) | 4 | 2,424 | $4,375,000 | $1,805/ft² | July 5, 2023 | City record · MLS |
| 1103 (Apartment) | 1 | 763 | $975,000 | $1,278/ft² | June 22, 2023 | City record · MLS |
| 907 (Apartment) | 3 | 1,765 | $2,650,000 | $1,501/ft² | June 13, 2023 | City record · MLS |
| 709 (Apartment) | 2 | 1,343 | $2,050,000 | $1,526/ft² | May 22, 2023 | City record · MLS |
| 1412 (Apartment) | 1 | 902 | $1,225,000 | $1,358/ft² | November 3, 2022 | City record · MLS |
| 811 (Apartment) | 2 | 1,257 | $2,025,000 | $1,611/ft² | September 29, 2022 | City record · MLS |
| 1804 (Apartment) | 4 | 2,768 | $4,400,000 | $1,590/ft² | August 26, 2022 | City record · MLS |
| 1404 (Apartment) | 1 | 768 | $965,000 | $1,257/ft² | August 1, 2022 | City record |
| 1106 (Apartment) | 2 | 1,356 | $1,800,000 | $1,327/ft² | July 5, 2022 | City record · MLS |
| 906 (Apartment) | 2 | 1,356 | $1,800,000 | $1,327/ft² | June 30, 2022 | City record |
| 803 (Apartment) | 1 | 763 | $965,000 | $1,265/ft² | June 22, 2022 | City record · MLS |
| 806 (Apartment) | 2 | 1,356 | $1,613,926 | $1,190/ft² | June 9, 2022 | City record |
| 1213 (Apartment) | 3 | 1,496 | $2,390,000 | $1,598/ft² | June 8, 2022 | City record · MLS |
| 909 (Apartment) | 3 | 1,553 | $2,600,000 | $1,674/ft² | June 3, 2022 | City record |
| 1207 (Apartment) | 3 | 1,765 | $2,580,000 | $1,462/ft² | June 2, 2022 | City record · MLS |
| 1703 (Apartment) | 2 | 1,298 | $1,950,000 | $1,502/ft² | March 3, 2022 | City record · MLS |
| 901 (Apartment) | 3 | 1,744 | $2,617,000 | $1,501/ft² | January 4, 2022 | City 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

The median closed price for comparable four-bedroom sales at 265 State Street is $4,312,500, based on 4 sales between August 2022 and September 2025. This home is asking $4,675,000, $362,500 above that median. The middle half of those sales closed between $4,150,000 and $4,381,250.

- **Median closed price**: $4,312,500
- **Middle half**: $4,150,000 – $4,381,250
- **Based on**: 4 four-bedroom sales at 265 State Street
- **Period**: August 2022 – September 2025
- **Median $/ft²**: $1,678/ft²

### Price trend

Median price per square foot for sales at 265 State Street, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,281/ft² | 117 |
| 2018 | $1,447/ft² | 5 |
| 2019 | $1,488/ft² | 5 |
| 2020 | $1,403/ft² | 3 (thin) |
| 2021 | $1,350/ft² | 13 |
| 2022 | $1,462/ft² | 13 |
| 2023 | $1,514/ft² | 7 |
| 2024 | $1,610/ft² | 5 |
| 2025 | $1,466/ft² | 6 |
| 2026 | $1,560/ft² | 3 (thin) |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 265 State Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/265-state-street)

## Price and Property History for 265 State Street, Unit PH02

Review the recorded listing activity for 265 State Street, Unit PH02, including asking-price changes and prior market dates.

- **Entered contract**: August 3, 2026
- **Last sold (recorded)**: $4,022,088 on May 24, 2017

| Date | Price | Listing event |
| --- | --- | --- |
| August 3, 2026 | $4,675,000 | Entered contract |
| January 22, 2026 | $4,675,000 | Listed for sale by Compass |
| May 24, 2017 | $4,022,088 | Sold — recorded sale price |
| July 7, 2015 | $3,950,000 | Listed for sale by The Corcoran Group |

## Property Tax History

Taxes at 265 State Street #PH02 were $51,727 in 2026, up 6.4% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $467,424 | $14,094 | $453,330 | $413,815 | $51,727 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $435,623 | $14,094 | $421,529 | $389,038 | $48,630 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $419,590 | $14,094 | $405,496 | $372,042 | $46,505 | 12.5% |
| 2023 (FY 2023/24) | $376,340 | $14,094 | $362,246 | $356,456 | $29,260 after $15,304 abatement | 12.502% |
| 2022 (FY 2022/23) | $370,102 | $14,094 | $356,008 | $344,883 | $12,731 after $29,576 abatement | 12.267% |
| 2021 (FY 2021/22) | $363,540 | $14,094 | $349,446 | $338,557 | $12,560 after $28,862 abatement | 12.235% |
| 2020 (FY 2020/21) | $365,513 | $14,094 | $351,419 | $332,514 | $40,789 | 12.267% |
| 2019 (FY 2019/20) | $341,662 | $14,094 | $327,568 | $323,101 | $40,300 | 12.473% |
| 2018 (FY 2018/19) | $318,476 | $14,095 | $304,381 | $318,458 | $40,164 | 12.612% |
| 2017 (FY 2017/18) | $216,129 | $14,095 | $202,034 | $216,105 | $27,486 | 12.719% |

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.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 3001701130. 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.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 265 State Street

Boerum Hill · Condominium

265 State Street, Brooklyn, NY 11201

A building in Boerum Hill, currently featuring 7 active listings.

- **Year Built**: 2016
- **Total Units**: 7
- **Floors**: 19

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/265-state-street)

### Available Residences — For Sale (7)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PH02](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-ph02-PH02-ny-11201) | 4 | 4 | 2,424 sqft | $1,929 | $4,675,000 — In contract | Compass | May 11, 2026 | 124 days |
| [1008](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-1008-ny-11201) | 2 | 2 | 1,276 sqft | $1,407 | $1,795,000 (-5.3%) — In contract | Compass | May 11, 2026 | 124 days |
| [1201](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-1201-ny-11201) | 3 | 3 | 1,744 sqft | $1,634 | $2,850,000 (-3.4%) — In contract | Compass | May 20, 2026 | 115 days |
| [809](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-809-ny-11201) | 3 | 3 | 1,553 sqft | $1,607 | $2,495,000 — In contract | Compass | Jun 5, 2026 | 99 days |
| [1414](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-1414-ny-11201) | 2 | 2 | 1,266 sqft | $1,382 | $1,749,500 | Corcoran Group | Jun 9, 2026 | 95 days |
| [802](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-802-ny-11201) | 3 | 3 | 1,705 sqft | $1,639 | $2,795,000 | Compass | Sep 8, 2026 | 4 days |
| [1507](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/265-state-street-1507-ny-11201) | 3 | 3 | 1,765 sqft | $1,584 | $2,795,000 | Compass | Sep 8, 2026 | 4 days |

## Estimated Monthly Payment

**$31,129 / month**, assuming a 20% down payment ($935,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $23,639
- **Property Taxes**: $4,290
- **Common Charges**: $3,200

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

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Boerum Hill

Overview of Boerum Hill

[Explore Boerum Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Boerum Hill

- [Cobble Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill)
- [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn)
- [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene)
- [Carroll Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens)
- [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus)
- [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights)

## Related Links

- [265 State Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/265-state-street)
- [Boerum Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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.