--- title: "289 SCHERMERHORN Street #8E, New York City, NY 11217" description: "289 SCHERMERHORN Street #8E, New York City, NY 11217 — Downtown Brooklyn, New York City, NY. Listing Price $2,350,000. Price Reduced: Reduced $150,000 (6%) from $2,500,000 on September 1, 2026. 2 bed, 3 bath, 1,350 sqft Illustrative Buyer Commission Share of $35,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/289-schermerhorn-street-e-8E-ny-11217" source: "Real Estate Rebate Team" dateModified: "2026-09-23T16:02:43.463Z" status: "Active" --- # 289 SCHERMERHORN Street #8E, New York City, NY 11217 Downtown Brooklyn, New York City, NY **Sponsor Residence** Courtesy of Douglas Elliman Real Estate Last updated: September 23, 2026, 12:02 PM ## At a Glance - **Listing Price**: $2,350,000 - **Price Reduced**: Reduced $150,000 (6%) from $2,500,000 on September 1, 2026 - **Beds**: 2 - **Total Baths**: 3 - **Sqft**: 1,350 - **Common Charges**: $1,337 / mo - **Price per Sqft**: $1,741 - **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**: $2,350,000 - **Illustrative Buyer Commission Share**: -$35,250* - **Illustrative Net Cost**: $2,314,750 *Illustrative Buyer Savings of $35,250 — 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 #8E, New York City, NY 11217 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7c0289c3-3099-48bb-b378-802992fbf8a3.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cabd4ffe-99a8-4fc3-a931-535c6bd8417d.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d8a8e14-a445-4cba-9b03-6bd2111d18a8.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/12697213-6985-4919-8e9d-76bd6b622c80.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6e78ac2-e467-4b8d-999a-c59cdbc137cb.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17428f18-4142-46d5-b38c-2e429c5d66ac.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0ec464bb-b9a4-4ffa-955b-f4fc76d45f68.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c8a119e-8d5b-414f-8ba6-1b95d07c41f3.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61dc8941-fdfa-460d-931f-6189409aa8d7.jpg) ![289 SCHERMERHORN Street #8E, New York City, NY 11217 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/294b80c4-7d86-432f-b2e1-6810748bd2bc.jpg) ## Property Overview Now offering private tours of our on-site model residences. Presenting Residence 8E, a 1,350 SF two-bedroom, two-and-a-half-bathroom residence featuring a 505 SF private terrace spanning the full length of the northeast facade, thoughtfully designed by acclaimed interior design firm CL-OTH Interiors. Beyond the gracious entry foyer, the kitchen is beautifully appointed with walnut millwork cabinetry, offering a seamless balance of style and functionality. An integrated JennAir appliance suite, including an induction cooktop and concealed hood, is complemented by a full-height pantry with a concealed microwave. Taj Mahal natural stone countertops and a full-height backsplash are enhanced by custom CL-OTH decorative light fixtures. A generous flex room provides an ideal location for a home office, storage area, or additional pantry space. This adaptable feature is designed to suit modern living. Adjacent to the kitchen, the northeast-facing living and dining area is flooded with natural light, featuring ceilings up to 9'8" and custom hardwood floors, creating an inviting setting for both entertaining and everyday living. The connected private terrace provides a seamless indoor-outdoor living experience. The primary and secondary bedrooms offer generous, light-filled retreats with double-paned windows. The primary suite features two closets, one being a spacious walk-in, and a serene, spa-inspired ensuite 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 bedroom is complemented by an equally refined ensuite bathroom featuring a natural stone countertop, fluted walnut accents on a custom vanity, hand-laid ceramic tile floors and walls, Brizo fittings, and a soaking tub. A Whirlpool washer and dryer closet and a powder room thoughtfully designed with a custom walnut tambour vanity, a natural marble countertop, a statement marble wall, and Brizo fittings add both convenience and elegance. 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. 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**: 2 - **Total Baths**: 3 - **Rooms**: 5 - **Sqft**: 1,350 sqft - **Stories**: 13 - **Year Built**: 2026 - **Price per Sqft**: $1,741 - **Common Charges**: $1,337 / Monthly - **Listed On**: Jun 25, 2026 - **Days on Market**: 103 Days ### Residence Features - Electric - Building Other - Washer Hookup - In Unit - Building Roof Deck - Private Outdoor Space Over 60 Sqft - High Ceilings - City ## Estimated Monthly Payment **$13,220 / month**, assuming a 20% down payment ($470,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $11,883 - **Common Charges**: $1,337 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $2,350,000 - **Median sold price**: $1,462,500 - **Difference**: +$887,500 (+60.7%) - **This home, $/ft²**: $1,741 - **Median $/ft²**: $1,269 - **Comparable sales**: 55 - **Sales from**: October 2024 – August 2026 - **Middle half of those sales**: $1,296,500 – $1,855,000 Based on condo two-bedroom sales in Downtown Brooklyn. 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 - **Sale-to-list price**: 97.9% (49 sales) - **Sold below asking**: 69% (49 sales) - **Typical time to find a buyer**: 73 days (49 sales) - **Typical time to close**: 62 days (49 sales) Based on condo two-bedroom sales in Downtown Brooklyn with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median sale price, condo and house two-bedroom sales in Downtown Brooklyn | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,285,000 | 25 | | 2018 | $1,385,222 | 36 | | 2019 | $1,417,248 | 28 | | 2020 | $1,305,000 | 25 | | 2021 | $1,396,500 | 90 | | 2022 | $1,540,000 | 84 | | 2023 | $1,677,500 | 46 | | 2024 | $1,697,000 | 41 | | 2025 | $1,441,250 | 26 | | 2026 YTD | $1,515,000 | 21 | Based on recorded condo and house two-bedroom sales in Downtown Brooklyn. 2026 is year-to-date. Sales data through August 2026. 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) ## Price and Property History for 289 SCHERMERHORN Street, Unit 8E Review the recorded listing activity for 289 SCHERMERHORN Street, Unit 8E, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $150,000, or 6%, on September 1, 2026 - **Originally listed**: June 25, 2026 at $2,500,000 - **Current asking price**: $2,350,000 | Date | Price | Listing event | | --- | --- | --- | | September 1, 2026 | $2,350,000 | Asking price reduced by $150,000, or 6% | | June 25, 2026 | $2,500,000 | Listed for sale by Douglas Elliman Real Estate | ## 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 - **Active 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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 103 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 | 103 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 | 103 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 | 103 days | | [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 | 78 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 | 64 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 | 36 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 | 36 days | ## 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.