--- title: "96 SCHERMERHORN Street #PHB, New York City, NY 11201" description: "96 SCHERMERHORN Street #PHB, New York City, NY 11201 — Downtown Brooklyn, New York City, NY. Last Sold Price $900,000. Sold on 7/29/2026. 1 bed, 2 bath, 1,000 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/96-schermerhorn-street-phb-PHB-ny-11201" source: "Real Estate Rebate Team" status: "Closed" --- # 96 SCHERMERHORN Street #PHB, New York City, NY 11201 Downtown Brooklyn, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Last Sold Price**: $900,000 - **Status**: Sold on 7/29/2026 - **Beds**: 1 - **Total Baths**: 2 - **Sqft**: 1,000 - **Common Charges**: $2,313 / mo - **Price per Sqft**: $900 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market.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) ## Property Overview Penthouse Duplex with Skyline Views at 96 Schermerhorn Street, Apt PHB Welcome to a 1,000-square-foot duplex penthouse that blends historic charm with modern convenience in the heart of Downtown Brooklyn. Once the basketball gym of the Brooklyn Law School dormitory, this unique home features soaring 11-foot ceilings and expansive southern views, including the Verrazano Bridge, with shared rooftop access offering panoramic vistas of Manhattan and the Statue of Liberty. The apartment offers 1.5 bedrooms, including a large walk-in closet that can easily be transformed into a home office, nursery, or creative space. The open-concept living area is finished with 5-inch solid oak floors and anchored by a thoughtfully designed kitchen featuring stainless steel appliances, including a Bosch dishwasher and Blue Star gas stove, Caesarstone countertops, and solid maple front cabinets with generous storage. A convenient half bathroom is located on the lower level, while the upstairs full bath is outfitted with elegant Duravit fixtures. Tucked beneath the staircase is a built-in office area with additional storage, making smart use of the home's vertical space. 96 Schermerhorn Street is a full-service building with a 24/7 doorman, full-time super, second-floor laundry room, recycling, bike storage, and additional private storage. The location is ideal - just a short walk to the A, C, F, G, 4, and 5 subway lines, with neighborhood favorites like Trader Joe's, Sahadi's, Joe's Pizza, and a wide array of restaurants, cafes, and shops just around the corner. Apartment PHB is a rare offering - a true Brooklyn penthouse with character, comfort, and skyline views. ## Property Details - **Property Type**: Duplex - **Beds**: 1 - **Total Baths**: 2 - **Rooms**: 3 - **Sqft**: 1,000 sqft - **Stories**: 13 - **Year Built**: 1929 - **Price per Sqft**: $900 - **Common Charges**: $2,313 / Monthly - **Listed On**: Mar 20, 2026 - **Days on Market**: 176 Days ### Residence Features - Building Other - Building Roof Deck - City ## Sales Evidence ### How this price compares The median closed price for comparable co-op one-bedroom sales in Downtown Brooklyn is $590,000, based on 40 sales between September 2024 and June 2026. This home is asking $900,000, $310,000 above that median. The middle half of those sales closed between $535,000 and $685,000. - **Median closed price**: $590,000 - **Middle half**: $535,000 – $685,000 - **Based on**: 40 co-op one-bedroom sales in Downtown Brooklyn - **Period**: September 2024 – June 2026 - **Median $/ft²**: $836/ft² Across the 32 of these sales with a published asking price, the median closed at 97.2% of what it originally asked. 69% 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 Downtown Brooklyn instead. ### How these sales were negotiated - **Sold vs original ask**: 97.2% of the original ask - **Closed below ask**: 69% of 32 sales - **Listed → in contract**: 60 days (about 9 weeks) - **In contract → closed**: 77 days (about 11 weeks) Across the 32 of these sales with a published asking price, the median closed at 97.2% of what it originally asked. 69% of them closed below the original ask. Half of these homes were in contract within 60 days (about 9 weeks) of coming to market, based on the 32 with a recorded listing date. Once a deal was agreed, closing took a further 77 days (about 11 weeks), based on the 33 with both dates recorded. A co-op board package and its interview account for much of that. 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 40 co-op one-bedroom sales in Downtown Brooklyn, September 2024 – June 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 co-op one-bedroom sales in Downtown Brooklyn, 2016 to 2026. 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 | | --- | --- | --- | | 2016 | $542,500 | 10 | | 2017 | $552,500 | 18 | | 2018 | $589,444 | 18 | | 2019 | $575,000 | 16 | | 2020 | $638,750 | 30 | | 2021 | $580,000 | 53 | | 2022 | $875,000 | 61 | | 2023 | $940,000 | 41 | | 2024 | $615,000 | 31 | | 2025 | $590,000 | 18 | | 2026 | $620,000 | 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 Downtown Brooklyn 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 96 SCHERMERHORN Street, Unit PHB Review the recorded listing activity for 96 SCHERMERHORN Street, Unit PHB, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $50,000, or 5.3%, on August 4, 2026 - **Originally listed**: March 20, 2026 at $950,000 - **Last sold**: $900,000 on July 29, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 4, 2026 | $900,000 | Asking price reduced by $50,000, or 5.3% | | July 29, 2026 | $900,000 | Sold | | July 8, 2026 | $950,000 | Returned to the market | | April 10, 2026 | $950,000 | Entered contract | | March 20, 2026 | $950,000 | Listed for sale by Douglas Elliman Real Estate | ## Estimated Monthly Payment **$6,864 / month**, assuming a 20% down payment ($180,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,551 - **Common Charges**: $2,313 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Downtown Brooklyn Overview of Downtown Brooklyn [Explore Downtown Brooklyn](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Downtown Brooklyn - [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [DUMBO real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/dumbo) - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) - [Cobble Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill) ## Related Links - [Downtown Brooklyn neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) - [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.