971 JEROME Street #3F, New York City, NY 11207
Last updated:
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 beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.
Regis Roumila
Verified Member: REBNY · NAR
NYDOS LIC#: 10491211335
Property Overview
Meadowwood at Gateway Condominium (Not Coop)- Immaculate 1 bedroom "F" unit on 3rd floor with large living room, formal dining room, EIK with granite countertop and real Armstrong wood cabinet and huge bedroom with French door & wood floors throughout! Balcony with great views of playground and complex landscape & parking! approx. 644 sq ft! Common charges include- cooking gas, Hot water, Heat, Master insurance & much more!! Amenities include laundry area, Playground, Private security, Lots of parking (Extra cost) Elevator building, Meeting/Party room, On site super, Secure Intercom system...
Property Details
Residence Features
Sales Evidence
Recent closed sales
9 apartments at 971 JEROME Street have recorded sales since September 2021, the most recent for $385,000 in February 2026. Prices are the figures recorded with the City, not asking prices.
| 4LApartment | 2 | 770 | $385,000 | $500/ft² | February 20, 2026City record |
|---|---|---|---|---|---|
| 8DApartment | Bedroom count not recorded | 1,173 | $309,270 | $264/ft² | November 18, 2025City record |
| 3AApartment | Bedroom count not recorded | 349 | $220,000 | $630/ft² | April 18, 2024City record |
| 8DApartment | Bedroom count not recorded | 1,173 | $317,004 | $270/ft² | November 9, 2023City record |
| 8CApartment | Bedroom count not recorded | 898 | $385,320 | $429/ft² | May 11, 2023City record |
| 4JApartment | Bedroom count not recorded | 896 | $350,000 | $391/ft² | January 12, 2023City record |
| 8GApartment | Bedroom count not recorded | 638 | $303,500 | $476/ft² | June 15, 2022City record |
| 3G/3H/8CApartment | Bedroom count not recorded | 2,432 | $5,836,286 | $2,400/ft² | December 29, 2021City record |
| 5EApartment | Bedroom count not recorded | 864 | $349,500 | $405/ft² | November 15, 2021City record |
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.
Price trend
Median price per square foot for sales at 971 JEROME Street, 2018 to 2023. 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 |
|---|---|---|
| 2018 | $375/ft² | 5 |
| 2019 | $427/ft² | 4Thin |
| 2020 | $416/ft² | 4Thin |
| 2021 | $443/ft² | 7 |
| 2023 | $391/ft² | 3Thin |
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.
Price and Property History for 971 JEROME Street, Unit 3F
Review the recorded listing activity for 971 JEROME Street, Unit 3F, including asking-price changes and prior market dates.
- Latest price change
- Reduced by $24,000, or 7.3%, on August 25, 2026
- Originally listed
- April 14, 2026 at $329,000
- Current asking price
- $305,000
| Date | Price | Listing event |
|---|---|---|
| $305,000 | Asking price reduced by $24,000, or 7.3% | |
| $329,000 | Listed for sale by Brooklyn Real Property Inc |
Property Tax History
Taxes at 971 JEROME Street #3F were $3,373 in 2026, up 8.2% from 2025.
| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
|---|---|---|---|---|---|---|
| 2026FY 2026/27 | $29,703 | $8,276 | $21,427 | $26,984 | $3,373 | 12.5%Estimated |
| 2025FY 2025/26 | $28,264 | $8,276 | $19,988 | $24,930 | $3,116 | 12.5%Estimated |
| 2024FY 2024/25 | $27,224 | $8,276 | $18,948 | $23,937 | $2,992 | 12.5% |
| 2023FY 2023/24 | $26,031 | $8,276 | $17,755 | $22,981 | $1,281after $1,592 abatement | 12.502% |
| 2022FY 2022/23 | $23,710 | $8,276 | $15,434 | $22,107 | $0after $3,472 abatement | 12.267% |
| 2021FY 2021/22 | $19,426 | $8,276 | $11,150 | $19,426 | $0after $3,224 abatement | 12.235% |
| 2020FY 2020/21 | $23,302 | $8,276 | $15,026 | $20,344 | $2,496 | 12.267% |
| 2019FY 2019/20 | $22,446 | $8,276 | $14,170 | $17,866 | $2,228 | 12.473% |
| 2018FY 2018/19 | $21,662 | $8,276 | $13,386 | $15,515 | $1,957 | 12.612% |
| 2017FY 2017/18 | $20,334 | $8,277 | $12,057 | $13,245 | $1,685 | 12.719% |
| 2016FY 2016/17 | $13,989 | $115 | $13,874 | $10,552 | $1,360 | 12.892% |
| 2015FY 2015/16 | $10,913 | $115 | $10,798 | $9,001 | $1,160 | 12.883% |
| 2014FY 2014/15 | $10,695 | $2,460 | $8,235 | $7,989 | $1,027 | 12.855% |
| 2013FY 2013/14 | $10,305 | $2,461 | $7,844 | $7,023 | $923 | 13.145% |
| 2012FY 2012/13 | $6,869 | $2,460 | $4,409 | $6,133 | $808 | 13.181% |
| 2011FY 2011/12 | $6,245 | $2,460 | $3,785 | $6,529 | $877 | 13.433% |
| 2010FY 2010/11 | $5,853 | $2,460 | $3,393 | $7,048 | $941 | 13.353% |
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 3044231050. 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
971 JEROME Street
971 JEROME Street, Brooklyn, NY 11207
A building in the neighborhood, currently featuring 1 active listing.
Interested in 971 JEROME Street?
Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.
Available Residences
| 3F | 1 | 1 | 644 sqft | $474 | $305,000(-7.3%) | Apr 14, 2026 | 151 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
New Lots
Explore more real estate and insights about New Lots.
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.