---
title: "40 Garden Place, New York City, NY 11201"
description: "40 Garden Place, New York City, NY 11201 — Townhouse in Brooklyn Heights, Brooklyn, NY. Last Sold Price $11,500,000. Sold on 8/5/2026. 5 bed, 3 bath, 3,990 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/40-garden-place-ny-11201"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 40 Garden Place, New York City, NY 11201

Townhouse in Brooklyn Heights, Brooklyn, NY

Courtesy of Compass

## At a Glance

- **Last Sold Price**: $11,500,000
- **Status**: Sold on 8/5/2026
- **Beds**: 5
- **Baths**: 3
- **Sqft**: 3,990
- **Monthly Taxes**: $2,533 / mo
- **Price per Sqft**: $2,882
- **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This listing was successfully closed and is no longer active on the market.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 (10)

![40 Garden Place, New York City, NY 11201 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/057bd3c4-76f1-4a5d-822c-3aaa7aa7b662.jpg)
![40 Garden Place, New York City, NY 11201 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d5290314-8da2-47d6-b844-8e005e51506e.jpg)
![40 Garden Place, New York City, NY 11201 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5ba4370-915f-4f5b-9479-17fd9c67bdf9.jpg)
![40 Garden Place, New York City, NY 11201 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3e348360-ad56-4c8d-adfc-9596115997c6.jpg)
![40 Garden Place, New York City, NY 11201 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/32c8b23a-fdc6-4bf2-b859-1fb18c565c72.jpg)
![40 Garden Place, New York City, NY 11201 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05680149-9381-425b-9b42-8c0acb93e0fb.jpg)
![40 Garden Place, New York City, NY 11201 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f8e2b5bf-be16-4a27-a975-31c96aba1f45.jpg)
![40 Garden Place, New York City, NY 11201 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/36f0b84e-ac6c-4ae4-8200-f82b72095109.jpg)
![40 Garden Place, New York City, NY 11201 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c040ae69-a114-43cf-94cd-8403c97b5b70.jpg)
![40 Garden Place, New York City, NY 11201 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/274e6f6a-35e6-43ff-b4c2-e09543ce1236.jpg)

## Property Overview

Perfectly positioned on one of the most coveted blocks in Brooklyn Heights, this exceptional house has been masterfully gut renovated to offer a rare combination of scale, flow, and thoughtful design and execution. The result is a brand-new home that feels both timeless and deeply livable - where English cottage warmth meets Scandinavian restraint. It is rare to find a home of this caliber, scale, and quality anywhere in Brooklyn Heights, let alone on Garden Place.

The home unfolds with generous proportions throughout, but it is the parlor floor that truly defines the experience. Designed for both everyday living and effortless entertaining, the oversized, light-filled kitchen anchors the space with a sense of ease and functionality, complete with a walk-in pantry. An elegant arched opening leads to a more intimate dining room, which in turn flows seamlessly into a gracious living room centered around a wood-burning fireplace. The sequence of rooms, framed by soft architectural curves, creates a sense of rhythm and cohesion that feels both cohesive and inviting.

The garden level offers remarkable flexibility, with a private guest suite and full bathroom, a large walk-in laundry room, and a bright family room that opens directly onto a beautifully landscaped backyard - an ideal extension of the home for both quiet moments and gatherings alike.

Upstairs, three additional floors provide a perfectly balanced layout. The primary level is a serene retreat, featuring a spacious bedroom with access to a private terrace overlooking the gardens, dual walk-in closets, a luxurious en-suite bathroom, a dedicated home office, and a den with a second wood-burning fireplace. The next floor includes two well-proportioned bedrooms, a full bathroom, an additional washer/dryer, and a charming library nook framed by a striking arched opening and custom millwork. The top floor offers a large playroom with abundant storage and the flexibility to easily convert to an additional bedroom with an adjacent full bathroom.

Throughout the home, original details have been carefully preserved and reinterpreted, complemented by exceptional custom millwork and a level of craftsmanship that is immediately evident. The renovation was executed in collaboration with Steering House and Brooklyn Studio, resulting in a home that is as thoughtful and intentional in its design as it is in its execution.

Set on prime Garden Place, just moments from the best of Brooklyn Heights, including the Promenade, Brooklyn Bridge Park, and neighborhood shops and restaurants, this is a rare opportunity to own a truly turnkey townhouse in an unbeatable location.

## Property Details

- **Property Type**: Single Family Residence
- **Beds**: 5
- **Baths**: 3
- **Rooms**: 12
- **Sqft**: 3,990 sqft
- **Stories**: 4
- **Year Built**: 1901
- **Price per Sqft**: $2,882
- **Monthly Taxes**: $2,533 / mo
- **Listed On**: Apr 30, 2026
- **Days on Market**: 135 Days

### Residence Features

- Central Air
- Central
- See Remarks
- Private Outdoor Space Over 60 Sqft
- Breakfast Bar
- Built-in Features
- Chandelier
- Crown Molding
- Double Vanity
- Entrance Foyer
- Eat-in Kitchen
- High Ceilings
- Kitchen Island
- Pantry
- Recessed Lighting
- Walk-In Closet(s)
- Double Oven
- Dryer
- Dishwasher
- Freezer
- Gas Cooktop
- Gas Oven
- Range
- Refrigerator
- Range Hood
- Wine Cooler
- Washer
- Hardwood
- Skylight(s)

## Sales Evidence

### Recent closed sales

40 Garden Place has one recorded sale since September 2021, the most recent for $11,500,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sold Price | Sold | Source |
| --- | --- | --- | --- | --- |
| Entire property (Single Family Residence) | 5 | $11,500,000 | August 5, 2026 | MLS |

### How this price compares

The median closed price for comparable house sales in Brooklyn Heights is $5,350,000, based on 23 sales between October 2021 and June 2026. This home is asking $11,500,000, $6,150,000 above that median. The middle half of those sales closed between $4,932,500 and $6,930,000.

- **Median closed price**: $5,350,000
- **Middle half**: $4,932,500 – $6,930,000
- **Based on**: 23 house sales in Brooklyn Heights
- **Period**: October 2021 – June 2026
- **Median $/ft²**: $1,465/ft²

Across the 18 of these sales with a published asking price, the median closed at 94.9% of what it originally asked. 72% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Brooklyn Heights. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 94.9% of the original ask
- **Closed below ask**: 72% of 18 sales
- **Listed → in contract**: 102 days (about 15 weeks)
- **In contract → closed**: 72 days (about 10 weeks)

Across the 18 of these sales with a published asking price, the median closed at 94.9% of what it originally asked. 72% of them closed below the original ask.

Half of these homes were in contract within 102 days (about 15 weeks) of coming to market, based on the 22 with a recorded listing date.

Once a deal was agreed, closing took a further 72 days (about 10 weeks), based on the 22 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 23 house sales in Brooklyn Heights, October 2021 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

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 40 Garden Place](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/40-garden-place)

## Price and Property History for 40 Garden Place

Review the recorded listing activity for 40 Garden Place, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $1,250,000, or 9.8%, on August 5, 2026
- **Originally listed**: April 27, 2026 at $12,750,000
- **Last sold**: $11,500,000 on August 5, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 5, 2026 | $11,500,000 | Sold |
| August 5, 2026 | $11,500,000 | Asking price reduced by $1,250,000, or 9.8% |
| June 26, 2026 | $12,750,000 | Entered contract |
| April 27, 2026 | $12,750,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 40 Garden Place were $32,618 in 2026, up 6.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $350,700 | $75,960 | $274,740 | $162,398 | $32,618 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $330,900 | $75,960 | $254,940 | $153,214 | $30,773 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $316,320 | $75,960 | $240,360 | $153,068 | $30,744 | 20.085% |
| 2023 (FY 2023/24) | $329,400 | $79,080 | $250,320 | $148,769 | $29,880 | 20.085% |
| 2022 (FY 2022/23) | $337,860 | $79,080 | $258,780 | $140,602 | $27,284 | 20.309% |
| 2021 (FY 2021/22) | $370,560 | $79,080 | $291,480 | $135,332 | $25,771 | 19.963% |
| 2020 (FY 2020/21) | $415,200 | $79,080 | $336,120 | $127,678 | $25,563 | 21.045% |
| 2019 (FY 2019/20) | $359,700 | $79,080 | $280,620 | $127,557 | $25,688 | 21.167% |
| 2018 (FY 2018/19) | $123,974 | — | — | $123,974 | $25,934 | 20.919% |
| 2017 (FY 2017/18) | $117,168 | — | — | $117,168 | $23,885 | 20.385% |
| 2016 (FY 2016/17) | $112,777 | — | — | $112,777 | $22,545 | 19.991% |
| 2015 (FY 2015/16) | $106,398 | — | — | $106,398 | $20,805 | 19.554% |
| 2014 (FY 2014/15) | $106,298 | — | — | $106,298 | $20,364 | 19.157% |
| 2013 (FY 2013/14) | $103,312 | — | — | $103,312 | $19,827 | 19.191% |
| 2012 (FY 2012/13) | $97,640 | — | — | $97,640 | $18,131 | 18.569% |
| 2011 (FY 2011/12) | $93,981 | — | — | $93,981 | $17,109 | 18.205% |
| 2010 (FY 2010/11) | $88,665 | — | — | $88,665 | $15,396 | 17.364% |

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 3002610046. 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

### 40 Garden Place

40 Garden Place, Brooklyn, NY 11201

A Townhouse in the neighborhood built in 1901.

- **Year Built**: 1901
- **Total Units**: 1
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/40-garden-place)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/40-garden-place-ny-11201) | 5 | 3 | 3,990 sqft | $2,882 | $11,500,000 (-9.8%) | Compass | Apr 30, 2026 | 134 days |

## Estimated Monthly Payment

**$60,683 / month**, assuming a 20% down payment ($2,300,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $58,150
- **Property Taxes**: $2,533

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

- [40 Garden Place — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/40-garden-place)
- [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.