--- title: "397 Douglass Street, New York City, NY 11217" description: "397 Douglass Street, New York City, NY 11217 — Multi Family Home in Park Slope, Brooklyn, NY. Listing Price $3,100,000. In contract 3/11/2025. 5 bed, 4 bath, 3,147 sqft Illustrative Buyer Commission Share of $46,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/397-douglass-street-ny-11217" source: "Real Estate Rebate Team" status: "Pending" --- # 397 Douglass Street, New York City, NY 11217 Multi Family Home in Park Slope, Brooklyn, NY Courtesy of Compass ## At a Glance - **Listing Price**: $3,100,000 - **Status**: In contract 3/11/2025 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 5 - **Baths**: 4 - **Sqft**: 3,147 - **Monthly Taxes**: $649 / mo - **Price per Sqft**: $985 - **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**: $3,100,000 - **Illustrative Buyer Commission Share**: -$46,500* - **Illustrative Net Cost**: $3,053,500 *Illustrative Buyer Savings of $46,500 — 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) ![397 Douglass Street, New York City, NY 11217 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d33f83b9-3dff-487b-8b69-b761012076d4.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fadb10bf-04bd-4c2a-8567-34fa6b717351.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a467ae0a-2324-451e-8e27-09e2e9aa66f1.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/901a5997-67b7-4297-adf4-f86eb4b02b32.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f17694f8-aa24-47d1-8e30-5d7b8ab7b8d6.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cc011d7f-4d99-4ee3-a8b4-6ff18565f42b.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60bd10ea-8791-40b5-bde3-acf2eed145fe.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f8610672-61cb-4115-80da-47cd5861cc98.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/26c5ee4e-6090-4b72-b987-885622e2ace9.jpg) ![397 Douglass Street, New York City, NY 11217 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/974655e3-7d89-43cf-9c7e-3ad06a2d69da.jpg) ## Property Overview Charming Three-Family Home for Sale in Park Slope! This property is an excellent opportunity for both investors and end-users. Located on a peaceful block, it boasts a prime location near the Atlantic Terminal, offering easy access to major subway lines and the LIRR. Additionally, the Bergen St (2, 3 trains) and Union St (N, R, D trains) stops are just a short distance away, providing convenient transportation options throughout Brooklyn and New York City. Situated at 397 Douglass Street, this home is also within walking distance of some of the finest restaurants, cafes, shops in Park Slope, Boerum Hill, and Gowanus. Property Highlights: Address: 397 Douglass Street Structure: Three-family attached home Dimensions: 3,147 square feet (20’ x 45’) on a 20’ x 100’ lot Layout: Unit 1: Two-bedroom, one-bathroom with direct backyard access Units 2 & 3: Each features two bedrooms, one bathroom, and a dedicated office space Basement: Take advantage of this incredible property in one of Brooklyn’s most desirable neighborhoods! ## Property Details - **Property Type**: Triplex - **Beds**: 5 - **Baths**: 4 - **Rooms**: 11 - **Sqft**: 3,147 sqft - **Stories**: 3 - **Year Built**: 1910 - **Price per Sqft**: $985 - **Monthly Taxes**: $649 / mo - **Listed On**: Dec 9, 2024 - **Days on Market**: 647 Days ### Residence Features - See Remarks - Built-in Features - Crown Molding - High Ceilings - Hardwood - Full ## Estimated Monthly Payment **$16,324 / month**, assuming a 20% down payment ($620,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $15,675 - **Property Taxes**: $649 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales One apartment at 397 Douglass Street has a recorded sale since September 2021, the most recent for $3,750,000 in December 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | Entire property (Single Family Residence) | 4 | 3,200 | $3,750,000 | $1,172/ft² | December 30, 2025 | MLS | Sales data through December 2025. 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 397 Douglass Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/397-douglass-street) ## Price and Property History for 397 Douglass Street Review the recorded listing activity for 397 Douglass Street, including asking-price changes and prior market dates. - **Entered contract**: March 11, 2025 | Date | Price | Listing event | | --- | --- | --- | | March 11, 2025 | $3,100,000 | Entered contract | | November 22, 2024 | $3,100,000 | Listed for sale by Compass | ## Property Tax History Taxes at 397 Douglass Street were $7,858 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $163,260 | $29,220 | $134,040 | $39,124 | $7,858 | 20.085% (estimated) | | 2025 (FY 2025/26) | $135,900 | $29,220 | $106,680 | $39,124 | $7,858 | 20.085% (estimated) | | 2024 (FY 2024/25) | $136,680 | $29,220 | $107,460 | $38,767 | $7,786 | 20.085% | | 2023 (FY 2023/24) | $139,140 | $29,220 | $109,920 | $36,581 | $7,347 | 20.085% | | 2022 (FY 2022/23) | $152,460 | $29,220 | $123,240 | $34,538 | $7,014 | 20.309% | | 2021 (FY 2021/22) | $150,840 | $29,220 | $121,620 | $32,603 | $6,509 | 19.963% | | 2020 (FY 2020/21) | $146,220 | $29,220 | $117,000 | $32,603 | $6,861 | 21.045% | | 2019 (FY 2019/20) | $139,500 | $29,220 | $110,280 | $32,306 | $6,838 | 21.167% | | 2018 (FY 2018/19) | $30,484 | — | — | $30,484 | $6,377 | 20.919% | | 2017 (FY 2017/18) | $28,782 | — | — | $28,782 | $5,867 | 20.385% | | 2016 (FY 2016/17) | $27,169 | — | — | $27,169 | $5,431 | 19.991% | | 2015 (FY 2015/16) | $27,169 | — | — | $27,169 | $5,313 | 19.554% | | 2014 (FY 2014/15) | $26,922 | — | — | $26,922 | $5,157 | 19.157% | | 2013 (FY 2013/14) | $25,404 | — | — | $25,404 | $4,875 | 19.191% | | 2012 (FY 2012/13) | $23,985 | — | — | $23,985 | $4,454 | 18.569% | | 2011 (FY 2011/12) | $22,641 | — | — | $22,641 | $4,122 | 18.205% | | 2010 (FY 2010/11) | $22,641 | — | — | $22,641 | $3,931 | 17.364% | 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 3009430054. 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. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 397 Douglass Street 397 Douglass Street, Brooklyn, NY 11217 A building in the neighborhood, currently featuring 0 active listings. - **Year Built**: 1910 - **Active Units**: 0 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/397-douglass-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/397-douglass-street-ny-11217) | 5 | 4 | 3,147 sqft | $985 | $3,100,000 — In contract | Compass | Dec 9, 2024 | 647 days | ## Park Slope Overview of Park Slope [Explore Park Slope](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Park Slope - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Carroll Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens) ## Related Links - [397 Douglass Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/397-douglass-street) - [Park Slope neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [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.