--- title: "31 SCHERMERHORN Street #2, New York City, NY 11201" description: "31 SCHERMERHORN Street #2, New York City, NY 11201 — Brooklyn Heights, New York City, NY. Last Sold Price $4,350,000. Sold on 7/15/2026. 4 bed, 4 bath, 2,835 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/31-schermerhorn-street-2-ny-11201" source: "Real Estate Rebate Team" status: "Closed" --- # 31 SCHERMERHORN Street #2, New York City, NY 11201 Brooklyn Heights, New York City, NY Courtesy of Serhant ## At a Glance - **Last Sold Price**: $4,350,000 - **Status**: Sold on 7/15/2026 - **Beds**: 4 - **Total Baths**: 4 - **Sqft**: 2,835 - **Common Charges**: $230 / mo - **Price per Sqft**: $1,534 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (1) ![31 SCHERMERHORN Street #2, New York City, NY 11201 — photo 1 of 1](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/66911bb1-ea51-4deb-a831-8592795a1e5e.jpg) ## Property Overview Signed contract. ## Property Details - **Property Type**: Condominium - **Beds**: 4 - **Total Baths**: 4 - **Rooms**: 7 - **Sqft**: 2,835 sqft - **Stories**: 5 - **Year Built**: 1920 - **Price per Sqft**: $1,534 - **Common Charges**: $230 / Monthly - **Listed On**: Jul 15, 2026 - **Days on Market**: 53 Days ### Residence Features - In Unit ## Sales Evidence ### Recent closed sales 3 apartments at 31 SCHERMERHORN Street have recorded sales since September 2021, the most recent for $4,350,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 2 (Apartment) | 4 | 2,835 | $4,350,000 | $1,534/ft² | July 15, 2026 | MLS | | 1 (Apartment) | 3 | 2,679 | $3,335,000 | $1,245/ft² | March 24, 2022 | City record · MLS | | GARDEN (Triplex) | 3 | 2,679 | $3,335,000 | $1,245/ft² | March 24, 2022 | 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 condo four-bedroom sales in Brooklyn Heights is $4,450,000, based on 15 sales between September 2024 and March 2026. This home is asking $4,350,000, $100,000 below that median. The middle half of those sales closed between $4,150,000 and $4,997,498. - **Median closed price**: $4,450,000 - **Middle half**: $4,150,000 – $4,997,498 - **Based on**: 15 condo four-bedroom sales in Brooklyn Heights - **Period**: September 2024 – March 2026 - **Median $/ft²**: $1,661/ft² Across the 11 of these sales with a published asking price, the median closed at 93% of what it originally asked. 91% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Brooklyn Heights instead. ### How these sales were negotiated - **Sold vs original ask**: 93% of the original ask - **Closed below ask**: 91% of 11 sales - **Listed → in contract**: 127 days (about 18 weeks) - **In contract → closed**: 64 days (about 9 weeks) Across the 11 of these sales with a published asking price, the median closed at 93% of what it originally asked. 91% of them closed below the original ask. Half of these homes were in contract within 127 days (about 18 weeks) of coming to market, based on the 11 with a recorded listing date. Once a deal was agreed, closing took a further 64 days (about 9 weeks), based on the 11 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 15 condo four-bedroom sales in Brooklyn Heights, September 2024 – March 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house four-bedroom sales in Brooklyn Heights, 2022 to 2024. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2022 | $4,692,710 | 14 | | 2023 | $4,410,000 | 15 | | 2024 | $4,659,724 | 11 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Brooklyn Heights instead. 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 31 SCHERMERHORN Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/31-schermerhorn-street) ## Price and Property History for 31 SCHERMERHORN Street, Unit 2 Review the recorded listing activity for 31 SCHERMERHORN Street, Unit 2, including asking-price changes and prior market dates. - **Last sold**: $4,350,000 on July 15, 2026 | Date | Price | Listing event | | --- | --- | --- | | July 15, 2026 | $4,350,000 | Sold | | July 15, 2026 | $4,350,000 | Entered contract | | July 15, 2026 | $4,350,000 | Listed for sale by Serhant | | April 9, 2020 | $3,550,000 | Sold — recorded sale price | | February 19, 2020 | $3,550,000 | Entered contract | | November 22, 2019 | $3,695,000 | Listed for sale by Garfield, Leslie J. & Co., Inc. | | January 14, 2015 | $3,229,200 | Sold — recorded sale price | | January 14, 2015 | $3,200,000 | Sold | | October 6, 2014 | $3,400,000 | Listed for sale by The Corcoran Group | | January 21, 2014 | $3,100,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | ## Property Tax History Taxes at 31 SCHERMERHORN Street #2 were $26,744 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $349,362 | $115,596 | $233,766 | $213,948 | $26,744 | 12.5% (estimated) | | 2025 (FY 2025/26) | $291,096 | $115,596 | $175,500 | $213,948 | $26,744 | 12.5% (estimated) | | 2024 (FY 2024/25) | $242,658 | $115,596 | $127,062 | $205,377 | $25,672 | 12.5% | | 2023 (FY 2023/24) | $225,342 | $115,596 | $109,746 | $190,164 | $23,774 | 12.502% | | 2022 (FY 2022/23) | $208,026 | $115,596 | $92,430 | $176,079 | $21,600 | 12.267% | | 2021 (FY 2021/22) | $208,026 | $115,596 | $92,430 | $164,575 | $20,136 | 12.235% | | 2020 (FY 2020/21) | $201,942 | $115,596 | $86,346 | $164,575 | $20,188 | 12.267% | | 2019 (FY 2019/20) | $188,136 | $115,596 | $72,540 | $157,982 | $19,705 | 12.473% | | 2018 (FY 2018/19) | $146,280 | — | — | $146,280 | $18,449 | 12.612% | | 2017 (FY 2017/18) | $135,445 | — | — | $135,445 | $17,227 | 12.719% | | 2016 (FY 2016/17) | $126,596 | — | — | $126,596 | $16,321 | 12.892% | 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 3002681002. 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 ### 31 SCHERMERHORN Street Brooklyn Heights · Condominium 31 SCHERMERHORN Street, Brooklyn, NY 11201 A building in Brooklyn Heights, currently featuring 1 active listing. - **Year Built**: 1920 - **Total Units**: 1 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/31-schermerhorn-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/31-schermerhorn-street-2-ny-11201) | 4 | 4 | 2,835 sqft | $1,534 | $4,350,000 | Serhant | Jul 15, 2026 | 53 days | ## Estimated Monthly Payment **$22,226 / month**, assuming a 20% down payment ($870,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $21,996 - **Common Charges**: $230 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Brooklyn Heights Overview of Brooklyn Heights [Explore Brooklyn Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Brooklyn Heights - [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) - [Cobble Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill) - [DUMBO real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/dumbo) - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) - [Columbia St real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/columbia-st) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) ## Related Links - [31 SCHERMERHORN Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/31-schermerhorn-street) - [Brooklyn Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) - [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.