RealtyLens
for saleRealtyLens property overview
$5,000,000

39 Schermerhorn St

Brooklyn, NY, 11201
View more Brooklyn, NY property pages
6Beds
4Baths
2,880Sqft
$1736$/sqft

Listing Notes

A rare opportunity awaits on lovely, tree-lined Schermerhorn Street. Currently configured as a 20-foot-wide three-family townhouse with significant additional FAR for expansion, 39 Schermerhorn Street offers unparalleled versatility for the savvy investor or end-user. Whether you envision a high-income rental portfolio, a boutique luxury condo conversion, or a spectacular single-family mansion, the potential here is limitless. The expansive lower triplex spans the parlour, garden and basement levels. On the garden floor, an inviting, beamed-ceiling kitchen and living area lead directly to a spacious, sun-drenched rear garden. The parlour level impresses with soaring high ceilings and two king-sized bedrooms. Below, the basement offers the opportunity for additional living space or generous storage. The upper floors house two bright, floor-through apartments overlooking the garden. The second floor unit has a gracious eat-in kitchen and large living /dining area with a warm bedroom and full bathroom. The third floor unit is currently configured as a 2 bedroom unit with a large living room, kitchen and full bathroom. Throughout the building, the historic character is preserved by hardwood floors and multiple original marble fireplace mantels. Located in the heart of historic Brooklyn Heights, you are seconds away from the world-class Brooklyn Bridge Park, the iconic Promenade, and the neighborhood's acclaimed dining and boutique shopping scene. With unmatched transit accessincluding the 2, 3, 4, 5, A, C, and R trains just minutes awaythe best of New York City is at your doorstep. This is a rare chance to claim a piece of Brooklyn's most coveted neighborhood. Contact us today for additional information or to arrange a private showing.

Market Insights

Below nearby median-24%

$1736/sqft vs a nearby median of $2290/sqft.

Nearby median$2290/sqft
Nearby properties12
Property size2,880 sqft
  • -24% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,880 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$7.12M$6.72M$7.52M · 84% confidence
vs ask $5.00M−$2.12M (−42.4%)

Asking price is about 42.4% below the fair value — likely to draw competing offers if it's still on market.

$2,299/sqft median across 9 tight comps × 2,880 sqft= $6.62M
  • Transit access+$265k +4.0%
  • Pre-war character+$166k +2.5%
  • High-density walkability+$132k +2.0%
  • Visible condition issues−$66k −1.0%
Cumulative NYC adjustments+$497k+7.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-24% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read4 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
17 days
Last price change
No change recorded
Listed
Apr 25, 2026
Photos
17 photos
Property type
multi family
Status
for sale
Last sold
Aug 5, 1985 · $520,000

Features & Amenities

Security FeaturesFireplaceBasementTwo Or More StoriesHigh CeilingRental PropertyHardwood FloorsDenShopping

Photos

Building Facts

Year built
1901
Stories
3
Total units
3
Residential units
3
Building area
2,880 sqft
Lot size
1,435 sqft
Land use
Multi-family walk-up buildings
Building class
C0

From NYC public records where available.

Price History

May 4, 2026Initial record
$5,000,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents16

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)41,442

Top: illegal parking

Top complaint types in ZIP 11201

  • Illegal Parking15,414
  • Noise - Residential4,953
  • Noise - Street/Sidewalk1,563
  • HEAT/HOT WATER1,301
  • Vendor Enforcement1,105

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.