31 SCHERMERHORN Street #2, New York City, NY 11201
Regis Roumila
Verified Member: REBNY · NAR
NYDOS LIC#: 10491211335
Property Overview
Signed contract.
Property Details
Residence Features
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.
| 2Apartment | 4 | 2,835 | $4,350,000 | $1,534/ft² | July 15, 2026MLS |
|---|---|---|---|---|---|
| 1Apartment | 3 | 2,679 | $3,335,000 | $1,245/ft² | March 24, 2022City record · MLS |
| GARDENTriplex | 3 | 2,679 | $3,335,000 | $1,245/ft² | March 24, 2022MLS |
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 $4,525,000, based on 14 sales between September 2024 and March 2026. This home is asking $4,350,000, $175,000 below that median. The middle half of those sales closed between $4,150,000 and $4,998,746.
- Median closed price
- $4,525,000
- Middle half
- $4,150,000 – $4,998,746
- Based on
- 14 condo four-bedroom sales in Brooklyn Heights
- Period
- September 2024 – March 2026
- Median $/ft²
- $1,641/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 14 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.
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 |
|---|---|---|
| $4,350,000 | Sold | |
| $4,350,000 | Entered contract | |
| $4,350,000 | Listed for sale by Serhant | |
| $3,550,000 | Sold — recorded sale price | |
| $3,550,000 | Entered contract | |
| $3,695,000 | Listed for sale by Garfield, Leslie J. & Co., Inc. | |
| $3,229,200 | Sold — recorded sale price | |
| $3,200,000 | Sold | |
| $3,400,000 | Listed for sale by The Corcoran Group | |
| $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 |
|---|---|---|---|---|---|---|
| 2026FY 2026/27 | $349,362 | $115,596 | $233,766 | $213,948 | $26,744 | 12.5%Estimated |
| 2025FY 2025/26 | $291,096 | $115,596 | $175,500 | $213,948 | $26,744 | 12.5%Estimated |
| 2024FY 2024/25 | $242,658 | $115,596 | $127,062 | $205,377 | $25,672 | 12.5% |
| 2023FY 2023/24 | $225,342 | $115,596 | $109,746 | $190,164 | $23,774 | 12.502% |
| 2022FY 2022/23 | $208,026 | $115,596 | $92,430 | $176,079 | $21,600 | 12.267% |
| 2021FY 2021/22 | $208,026 | $115,596 | $92,430 | $164,575 | $20,136 | 12.235% |
| 2020FY 2020/21 | $201,942 | $115,596 | $86,346 | $164,575 | $20,188 | 12.267% |
| 2019FY 2019/20 | $188,136 | $115,596 | $72,540 | $157,982 | $19,705 | 12.473% |
| 2018FY 2018/19 | $146,280 | Not published | Not published | $146,280 | $18,449 | 12.612% |
| 2017FY 2017/18 | $135,445 | Not published | Not published | $135,445 | $17,227 | 12.719% |
| 2016FY 2016/17 | $126,596 | Not published | Not published | $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.
About The Building
31 SCHERMERHORN Street
31 SCHERMERHORN Street, Brooklyn, NY 11201
A building in Brooklyn Heights, currently featuring 1 active listing.
Interested in 31 SCHERMERHORN Street?
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Available Residences
| 2 | 4 | 4 | 2,835 sqft | $1,534 | $4,350,000 | Jul 15, 2026 | 59 days |
Estimated Monthly Payment
Estimates only. Actual payments may vary. Confirm terms with your lender.
Neighborhood Context
Nearby Schools
* Distances are approximate line-of-sight metrics.
Location Context
Brooklyn Heights
Overview of Brooklyn Heights
Brooklyn Heights is the original suburb, America's first designated historic district, and arguably the most beautiful neighborhood in New York City. Perched on a bluff overlooking the harbor, it offers unbeatable views of Lower Manhattan and the Statue of Liberty. For buyers seeking Brooklyn Heights real estate, it is the pinnacle of stability, history, and elegance. Living in Brooklyn Heights is serene. The streets are named after fruit (Pineapple, Orange, Cranberry) and lined with pristine pre-Civil War brownstones. As a premier Brooklyn NYC neighborhood, it feels timeless and removed from the city's chaos, yet is only one subway stop away.Real Estate & Housing Market
The market for homes for sale in Brooklyn Heights is blue-chip. Listings range from $10 million+ townhouses to pre-war co-ops with harbor views. It is a retention market; people buy here and stay for decades. Inventory is perpetually low because the entire neighborhood is landmarked, preventing new development. This scarcity protects property values.Lifestyle & Community
The lifestyle in Brooklyn Heights is polished and quiet. Residents walk the Promenade at sunset, dine at Henry Street's bistros, and shop at the Borough Hall Greenmarket. The community is a mix of literary figures, financial professionals, and families who want the best of both worlds: a village atmosphere with Wall Street proximity.Transportation & Accessibility
Brooklyn Heights is a transit paradise. The Borough Hall hub offers access to the 2, 3, 4, 5, and R trains. The A/C stops at High Street. The NYC Ferry at Brooklyn Bridge Park provides a scenic commute, though many residents simply walk across the Brooklyn Bridge to work in the Financial District.Parks, Schools & Amenities
The Brooklyn Heights Promenade is iconic, but Brooklyn Bridge Park below offers active recreation (soccer, basketball, roller skating). The neighborhood is home to prestigious private schools like Packer and Saint Ann's. Amenities are refined: bespoke tailors, independent bookstores, and high-end grocers populate Montague and Henry Streets.Who This Neighborhood Is Best For
Brooklyn Heights is best for history lovers, Wall Street commuters, and families seeking a safe, postcard-perfect neighborhood with elite schools.
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.