196 SCHOLES Street #1B, New York City, NY 11211
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Regis Roumila
Verified Member: REBNY · NAR
NYDOS LIC#: 10491211335
Property Overview
Currently configured as a 2-BEDROOM, this home is legally a 1-BEDROOM, 2-BATHROOM DUPLEX condominium, per the offering plan. With generous living space, multiple flexible rooms, and private outdoor space, the residence offers the versatility to adapt to a variety of lifestyles.
The main level welcomes you with an OPEN-CONCEPT LIVING AND DINING AREA framed by FLOOR-...
Property Details
Residence Features
Sales Evidence
Recent closed sales
5 apartments at 196 SCHOLES have recorded sales since September 2021, the most recent for $975,000 in December 2024. Prices are the figures recorded with the City, not asking prices.
| 2ADuplex | 2 | 990 | $975,000 | $985/ft² | December 12, 2024City record · MLS |
|---|---|---|---|---|---|
| 4Duplex | 2 | Square footage not recorded | $1,880,000 | No square footage recorded for this sale | June 17, 2024City record · MLS |
| 4-RDuplex | 2 | Square footage not recorded | $1,375,000 | No square footage recorded for this sale | May 24, 2023City record · MLS |
| 1Apartment | 2 | 1,962 | $2,025,000 | $1,032/ft² | June 21, 2022City record · MLS |
| 4BTriplex | 1 | 810 | $850,000 | $1,049/ft² | November 9, 2021City record · 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 one-bedroom sales in Williamsburg is $1,075,000, based on 144 sales between September 2024 and June 2026. This home is asking $985,000, $90,000 below that median. The middle half of those sales closed between $950,000 and $1,230,000.
- Median closed price
- $1,075,000
- Middle half
- $950,000 – $1,230,000
- Based on
- 144 condo one-bedroom sales in Williamsburg
- Period
- September 2024 – June 2026
- Median $/ft²
- $1,561/ft²
Across the 119 of these sales with a published asking price, the median closed at 100% of what it originally asked. 47% 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 Williamsburg instead.
How these sales were negotiated
- Sold vs original ask
- 100% of the original ask
- Closed below ask
- 47% of 119 sales
- Listed → in contract
- 43 days (about 6 weeks)
- In contract → closed
- 67 days (about 10 weeks)
Across the 119 of these sales with a published asking price, the median closed at 100% of what it originally asked. 47% of them closed below the original ask.
Half of these homes were in contract within 43 days (about 6 weeks) of coming to market, based on the 121 with a recorded listing date.
Once a deal was agreed, closing took a further 67 days (about 10 weeks), based on the 121 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 144 condo one-bedroom sales in Williamsburg, 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 condo and house one-bedroom sales in Williamsburg, 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 | $896,060 | 49 |
| 2017 | $905,691 | 90 |
| 2018 | $915,000 | 89 |
| 2019 | $970,062 | 70 |
| 2020 | $885,000 | 53 |
| 2021 | $955,000 | 72 |
| 2022 | $1,051,018 | 100 |
| 2023 | $1,083,500 | 54 |
| 2024 | $1,050,000 | 54 |
| 2025 | $1,145,531 | 71 |
| 2026 | $995,000 | 57 |
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 Williamsburg 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 196 SCHOLES Street, Unit 1B
Review the recorded listing activity for 196 SCHOLES Street, Unit 1B, including asking-price changes and prior market dates.
- Last sold (recorded)
- $545,000 on December 26, 2013
| Date | Price | Listing event |
|---|---|---|
| $985,000 | Listed for sale by Corcoran Group | |
| $545,000 | Sold — recorded sale price | |
| $599,000 | Asking price reduced by $26,000, or 4.2% | |
| $599,000 | Listed for sale by Brick Real Estate |
Property Tax History
Taxes at 196 SCHOLES Street #1B were $48 in 2026.
| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
|---|---|---|---|---|---|---|
| 2026FY 2026/27 | $180,966 | Not published | Not published | $180,966 | $48 | 12.5%Estimated |
| 2025FY 2025/26 | $150,805 | Not published | Not published | $150,805 | $48 | 12.5%Estimated |
| 2024FY 2024/25 | $125,663 | Not published | Not published | $125,663 | $48 | 12.5% |
| 2023FY 2023/24 | $104,719 | Not published | Not published | $104,719 | $48 | 12.502% |
| 2022FY 2022/23 | $102,919 | Not published | Not published | $102,919 | $47 | 12.267% |
| 2021FY 2021/22 | $100,218 | Not published | Not published | $100,218 | $47 | 12.235% |
| 2020FY 2020/21 | $109,615 | $506 | $109,109 | $109,615 | $47 | 12.267% |
| 2019FY 2019/20 | $120,419 | $506 | $119,913 | $91,192 | $48 | 12.473% |
| 2018FY 2018/19 | $90,269 | Not published | Not published | $90,269 | $11,385 | 12.612% |
| 2017FY 2017/18 | $86,773 | Not published | Not published | $86,773 | $11,037 | 12.719% |
| 2016FY 2016/17 | $80,346 | Not published | Not published | $80,346 | $10,358 | 12.892% |
| 2015FY 2015/16 | $74,395 | Not published | Not published | $74,395 | $9,584 | 12.883% |
| 2014FY 2014/15 | $70,148 | Not published | Not published | $70,148 | $9,018 | 12.855% |
| 2013FY 2013/14 | $69,438 | Not published | Not published | $69,438 | $9,128 | 13.145% |
| 2012FY 2012/13 | $66,749 | Not published | Not published | $66,749 | $8,798 | 13.181% |
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 3030451102. 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
196 SCHOLES
196 SCHOLES Street, Brooklyn, NY 11211
A building in the neighborhood, currently featuring 1 active listing.
Interested in 196 SCHOLES?
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Available Residences
| 1B | 1 | 2 | 930 sqft | $1,059 | $985,000 | Sep 1, 2026 | 11 days |
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Neighborhood Context
Nearby Schools
* Distances are approximate line-of-sight metrics.
Location Context
Williamsburg
Overview of Williamsburg
Williamsburg is the global poster child for urban cool. Located just across the East River from Manhattan, it is a cultural powerhouse known for its nightlife, art scene, and trendsetting style. For buyers seeking Williamsburg Brooklyn real estate, it offers the city's most dynamic and energetic living environment. Living in Williamsburg is fast-paced. The neighborhood is divided into the ultra-modern waterfront (Northside), the grittier Southside, and the quieter Italian/hipster mix to the east. As a premier Brooklyn NYC neighborhood, it rivals downtown Manhattan for influence and price.Real Estate & Housing Market
The market for homes for sale in Williamsburg is premium. The waterfront is lined with "glass castles" like The Edge and Domino Sugar Factory. Inland, you find converted lofts and renovated tenements. Demand is insatiable, driven by a young, affluent demographic that prioritizes amenities, views, and proximity to the L train.Lifestyle & Community
The lifestyle in Williamsburg is 24/7. Bedford Avenue is the main drag, packed with tourists and shoppers. The dining scene is world-class, featuring institutions like Peter Luger alongside new hotspots. The community is a mix of creative professionals, young families (the "stroller brigade" on the waterfront), and long-time residents, though gentrification has shifted the balance heavily toward the wealthy.Transportation & Accessibility
Williamsburg is served by the L, G, J, M, and Z trains. The L train at Bedford Ave is one stop from Manhattan, making the commute incredibly fast. The Williamsburg Bridge offers a bike path that sees thousands of cyclists commuting daily. The ferry terminals at North and South Williamsburg provide a relaxed alternative.Parks, Schools & Amenities
Domino Park and Marsha P. Johnson State Park (East River State Park) are the jewels of the waterfront. McCarren Park is the active center for sports and picnics. Amenities are unmatched: Whole Foods, Apple Store, Equinox, and hermès. Williamsburg has effectively become a self-sufficient city.Who This Neighborhood Is Best For
Williamsburg is best for socialites, trendsetters, and young families who want the excitement of Manhattan with the fresh air and views of Brooklyn.
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.