--- title: "289 SCHERMERHORN Street #12B, New York City, NY 11217" description: "289 SCHERMERHORN Street #12B, New York City, NY 11217 — Downtown Brooklyn, New York City, NY. Listing Price $2,925,000. 3 bed, 3 bath, 1,559 sqft Illustrative Buyer Commission Share of $43,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-12b-ny-11217" source: "Real Estate Rebate Team" status: "Active" --- # 289 SCHERMERHORN Street #12B, New York City, NY 11217 Downtown Brooklyn, New York City, NY **Sponsor Residence** Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $2,925,000 - **Beds**: 3 - **Total Baths**: 3 - **Sqft**: 1,559 - **Common Charges**: $1,544 / mo - **Price per Sqft**: $1,876 - **Brokerage Fee**: Share Eligible ## 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 below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,925,000 - **Illustrative Buyer Commission Share**: -$43,875* - **Illustrative Net Cost**: $2,881,125 *Illustrative Buyer Savings of $43,875 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ed82ecef-1ecd-4132-906c-3562fb56cde7.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6dd9cf37-09fe-45b0-a356-564fb06ae753.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4105bedd-ac82-4b27-8947-e8390c173431.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8aacc90b-1185-492e-ae0e-9aa89906fae5.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/63f7371c-09ab-46f1-b8e3-fc6bf1d85ac5.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1ffa5f2-df18-4da3-ade4-db98ca644742.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d9bc1410-7bb1-43ea-b9e9-0ed04cec76e2.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bafc083f-71e1-4133-b0fd-208f7adfdaac.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/13d6e7f0-8d89-4560-8f04-e8bab1af5d21.jpg) ![289 SCHERMERHORN Street #12B, New York City, NY 11217 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e89ac24-46cc-4f84-9617-f1d2521a93da.jpg) ## Property Overview Welcome to The Bowen Brooklyn, a sophisticated collection of 71 studio-to-three-bedroom condominium residences perfectly situated at the intersection of Boerum Hill, Cobble Hill, Carroll Gardens, Fort Greene, and Downtown Brooklyn. Now offering private tours of our on-site model residences. Discover Residence 12B. This expansive 1,559 SF home offers three bedrooms and two-and-a-half bathrooms, along with a generous flex room, ideal for use as a home office, storage area, or additional lounge space. A generous foyer leads into a large kitchen, dining, and living area. At the heart of the home, the kitchen is a statement of refined craftsmanship, featuring Taj Mahal natural stone countertops and underlit walnut millwork cabinetry. An integrated JennAir appliance suite, including an induction cooktop and concealed hood, ensures both performance and visual harmony. A full-height pantry with a concealed microwave and custom CL-OTH decorative lighting completes this elegant culinary space. Beyond the kitchen, the dining area and southeast-facing living area are bathed in natural light, showcasing views of the New York Harbor through double-paned windows, ceilings soaring up to 9'8", and custom hardwood floors creating a refined setting for entertaining and everyday living. The primary suite features a generous walk-in closet, and a serene, spa-inspired en-suite bathroom appointed with hand-laid Japanese Umi Kyokai tile, natural marble accents, Brizo fixtures, and a double vanity crafted in walnut with marble countertops. The secondary and tertiary bedrooms share an equally refined bathroom, thoughtfully designed with natural stone countertops, fluted walnut drawer fronts on custom vanities, hand-laid ceramic tile floors and walls, and Brizo fittings. Completing the residence, a Whirlpool washer and dryer closet and a powder room with a custom walnut tambour vanity, natural marble countertop, statement marble wall, and Brizo fittings add both convenience and elegance. The Bowen Brooklyn offers residents over 6,000 SF of boutique hotel-style indoor and outdoor amenities, including a fully attended lobby, private storage, and a bike room. Residents can relax in the interconnected Bowen Lounges, one designed for social gatherings with an exhibition kitchen and lounge seating, and the other tailored for co-working with private phone booths. Additional amenities include a forest-themed Children's Playroom, a state-of-the-art windowed Fitness Center by Life Fitness, a Yoga Loft with backlit mirrored walls and Pilates equipment, and a spectacular Roof Deck featuring grilling stations, landscaped seating areas, and sweeping views of the city and New York Harbor. At The Bowen, sophisticated design meets effortless Brooklyn living THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD20-0178. SPONSOR: 285 SCHERMERHORN LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK, NY 10167. EQUAL HOUSING OPPORTUNITY. ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Total Baths**: 3 - **Rooms**: 7 - **Sqft**: 1,559 sqft - **Stories**: 13 - **Year Built**: 2026 - **Price per Sqft**: $1,876 - **Common Charges**: $1,544 / Monthly - **Listed On**: Jul 20, 2026 - **Days on Market**: 49 Days ### Residence Features - Electric - Building Other - Washer Hookup - In Unit - Building Roof Deck - High Ceilings - Dishwasher - City - River ## Sales Evidence ### How this price compares The median closed price for comparable condo three-bedroom sales in Downtown Brooklyn is $2,462,498, based on 22 sales between September 2024 and June 2026. This home is asking $2,925,000, $462,502 above that median. The middle half of those sales closed between $1,987,500 and $2,806,250. - **Median closed price**: $2,462,498 - **Middle half**: $1,987,500 – $2,806,250 - **Based on**: 22 condo three-bedroom sales in Downtown Brooklyn - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,586/ft² Across the 20 of these sales with a published asking price, the median closed at 97.5% of what it originally asked. 70% 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**: 97.5% of the original ask - **Closed below ask**: 70% of 20 sales - **Listed → in contract**: 123 days (about 18 weeks) - **In contract → closed**: 66 days (about 9 weeks) Across the 20 of these sales with a published asking price, the median closed at 97.5% of what it originally asked. 70% of them closed below the original ask. Half of these homes were in contract within 123 days (about 18 weeks) of coming to market, based on the 20 with a recorded listing date. Once a deal was agreed, closing took a further 66 days (about 9 weeks), based on the 20 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 22 condo three-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 condo and house three-bedroom sales in Downtown Brooklyn, 2021 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 | | --- | --- | --- | | 2021 | $2,107,058 | 30 | | 2022 | $2,000,000 | 27 | | 2023 | $2,300,000 | 19 | | 2024 | $2,493,374 | 28 | | 2025 | $2,570,000 | 10 | | 2026 | $2,400,000 | 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. [See every recorded sale at The Bowen](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/the-bowen) ## About The Building ### The Bowen Downtown Brooklyn · Condominium 289 SCHERMERHORN Street, Brooklyn, NY 11217 A building in Downtown Brooklyn, currently featuring 8 active listings. - **Year Built**: 2026 - **Total Units**: 8 - **Floors**: 13 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/the-bowen) ### Available Residences — For Sale (8) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [12B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-12b-ny-11217) | 3 | 3 | 1,559 sqft | $1,876 | $2,925,000 | Douglas Elliman Real Estate | Jul 20, 2026 | 48 days | | [9E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-e-9E-ny-11217) | 1 | 1 | 679 sqft | $1,399 | $950,000 (-11.6%) | Douglas Elliman Real Estate | Jun 25, 2026 | 73 days | | [4F](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-f-4F-ny-11217) | 1 | 2 | 902 sqft | $1,275 | $1,150,000 (-11.2%) | Douglas Elliman Real Estate | Jun 25, 2026 | 73 days | | [9B](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-b-9B-ny-11217) | 2 | 3 | 1,035 sqft | $1,691 | $1,750,000 (-12.5%) | Douglas Elliman Real Estate | Jun 25, 2026 | 73 days | | [8E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-e-8E-ny-11217) | 2 | 3 | 1,350 sqft | $1,741 | $2,350,000 (-6.0%) | Douglas Elliman Real Estate | Jun 25, 2026 | 73 days | | [7E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-7e-ny-11217) | 1 | 1 | 536 sqft | $1,483 | $795,000 (-11.7%) | Douglas Elliman Real Estate | Aug 3, 2026 | 34 days | | [4A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-4a-ny-11217) | 2 | 2 | 1,159 sqft | $1,290 | $1,495,000 | Douglas Elliman Real Estate | Aug 31, 2026 | 6 days | | [5C](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-5c-ny-11217) | 2 | 3 | 1,270 sqft | $1,335 | $1,695,000 | Douglas Elliman Real Estate | Aug 31, 2026 | 6 days | ## Estimated Monthly Payment **$16,334 / month**, assuming a 20% down payment ($585,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $14,790 - **Common Charges**: $1,544 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 - [The Bowen — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/the-bowen) - [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.