The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$725,000
197 Spencer St Apt 8B
Brooklyn, NY, 11205
View more Brooklyn, NY property pages1Beds
1Baths
891Sqft
$814$/sqft
Market Insights
Below nearby median-20%
$814/sqft vs a nearby median of $1022/sqft.
Nearby median$1022/sqft
Nearby properties12
Property size891 sqft
- -20% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 891 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$953k$871k – $1.03M · 54% confidence
vs ask $725k−$228k (−31.4%)
Asking price is about 31.4% below the fair value — likely to draw competing offers if it's still on market.
$1,038/sqft median across 7 tight comps × 891 sqft= $925k
- Transit access+$23k +2.5%
- Modern construction+$14k +1.5%
- Virtually staged−$9k −1.0%
Cumulative NYC adjustments+$28k+3.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 14 days
- Last price change
- No change recorded
- Listed
- Apr 28, 2026
- Photos
- 24 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 2004
- Stories
- 9
- Total units
- 18
- Residential units
- 18
- Building area
- 16,250 sqft
- Lot size
- 4,000 sqft
- Land use
- Multi-family elevator buildings
- Building class
- R4
From NYC public records where available.
Price History
May 4, 2026Initial record
$725,000for sale
Public Records
DOB violations2 open
11 total recorded against the building
HPD violations0 open
2 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)23,095
Top: illegal parking
Top complaint types in ZIP 11205
- Illegal Parking10,546
- Noise - Residential1,312
- HEAT/HOT WATER651
- Noise - Street/Sidewalk646
- Street Condition597
Recent DOB
- Sep 9, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Sep 4, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Apr 30, 2019V-DOB VIOLATION - ACTIVE · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
- Aug 29, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Nov 4, 2022Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Mar 8, 2022Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.