RealtyLens
for saleRealtyLens property overview
$3,100,000

397 Douglass St

Brooklyn, NY, 11217
View more Brooklyn, NY property pages
5Beds
4Baths
3,147Sqft
$985$/sqft

Listing Notes

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!

Market Insights

Below nearby median-34%

$985/sqft vs a nearby median of $1482/sqft.

Nearby median$1482/sqft
Nearby properties12
Property size3,147 sqft
  • -34% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,147 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.68M$4.38M$4.98M · 75% confidence
vs ask $3.10M−$1.58M (−51.0%)

Asking price is about 51.0% below the fair value — likely to draw competing offers if it's still on market.

$1,541/sqft median across 7 tight comps × 3,147 sqft= $4.85M
  • Open Class C HPD violations−$145k −3.0%
  • Days-on-market gravity−$145k −3.0%
  • Transit access+$121k +2.5%
  • Pre-war character+$121k +2.5%
  • Visible condition issues−$121k −2.5%
Cumulative NYC adjustments−$170k−3.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-34% 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 Read2 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
519 days
Last price change
No change recorded
Listed
Dec 9, 2024
Photos
16 photos
Property type
multi family
Status
for sale

Features & Amenities

FireplaceBasementShopping

Photos

Building Facts

Year built
1910
Stories
3
Total units
3
Residential units
3
Building area
2,730 sqft
Lot size
2,033 sqft
Land use
Multi-family walk-up buildings
Building class
C0

From NYC public records where available.

Price History

May 4, 2026Initial record
$3,100,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations50 open

2 class C (immediately hazardous)

ACRIS documents9

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

311 calls (12 mo)25,833

Top: illegal parking

Top complaint types in ZIP 11217

  • Illegal Parking8,564
  • Noise - Residential1,358
  • HEAT/HOT WATER1,315
  • Noise - Street/Sidewalk1,228
  • Noise800

Recent HPD

  • May 4, 2026Class 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...
  • Nov 19, 2025Class 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...
  • Jun 9, 2025Class 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...
  • Nov 27, 2024Class 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...

Recent Transfers (ACRIS)

  • Aug 20, 1974DEED
  • Sep 18, 1974DEED

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.