Overview

$700,000

10% Min Down

161 Adelphi St #1

161 Adelphi Street, Brooklyn, NY 11205

Building: The Norwood

Condo in Fort Greene

1 Bed | 2 Bath | 900 ft² | $778/ft² | 5.31% Cap Rate

Listed Sep 8th, 2021 (14 days)
Enjoy the perfect combination of historic details and modern updates in this pristine converted one-bedroom, two-bathroom duplex home in sought-after Fort Greene. Beautiful light and neighborhood views welcome you into the upper level of this 900-square-foot condo. A gorgeous brick wall and decorative fireplace add prewar charm while stunning custom light fixtures nod to Brooklyn's rich industrial past. Flawless blonde hardwood floors will usher you to the spacious open kitchen where more exposed brick provides an interesting contrast to sleek modern cabinetry, butcher block counters and state-of-the-art stainless steel appliances, including a French door refrigerator, vented gas range, microwave and dishwasher. The gleaming white-on-white bathroom here adds charm with pinwheel tile and a grand pedestal sink. Head downstairs to find a perfectly serene bedroom paved in deep-stained, wide-plank flooring and featuring plentiful built-ins framing glimpses of stone. The bathroom on this level is a lesson in restrained modern beauty with chic tile and a contemporary vanity sink. Abundant storage is found in extra-wide closets on both levels, the in-unit washer-dryer is the ultimate city convenience and through-the-wall air conditioning on the lower level provides year-round comfort. The Norwood is a lovely turn-of-the-century brick townhouse converted to a boutique condominium building featuring eight modern units. Residents enjoy basement storage and a lovely shared roof deck with spectacular city views. Cats and dogs are okay. Nearby attractions include Fort Greene Park, BAM, Atlantic Barclay's Center, Rose Cinemas, DKLB BKLN, Farmers Market, Apple store, Whole Foods, Pratt Sculpture Garden, the BRIC Arts Media House and an exciting array of restaurants, flourishing small businesses, cafes, shops, beer gardens, and the best of nightlife that Brooklyn has to offer. Transportation includes easy access to the C Train at Lafayette Avenue and Atlantic Avenue/ Barclays Center Terminal ( 2, 3, 4, 5, B, Q, N, R, D) and the Long Island Railroad.

Features & Amenities

Unit Amenities

  • Bike Storage
  • Roofdeck
  • Garden
  • Dogs Allowed
  • Cats Allowed
  • Laundry in Unit
  • Through-Wall Air Conditioning
  • Exposure: West

Building Amenities

  • Bike Storage
  • Roofdeck
  • Garden
  • Dogs Allowed
  • Cats Allowed
  • Laundry in Unit
  • Through-Wall Air Conditioning

Building Policies

  • Cats Allowed
  • Dogs Allowed
Learn more about 161 Adelphi Street, Brooklyn, NY 11205

Listed By

Aaron Seawood Profile Picture
Aaron Seawood

Compass

(917) 705-2929
Anthony Severino Profile Picture
Anthony Severino

Compass

(718) 730-3156
Nick Ferrone Profile Picture
Nick Ferrone

Compass

(917) 626-1159
Julie Cohen Profile Picture
Julie Cohen

Compass

(917) 885-3365

History

Date Event Price
Sep 9, 2021 Relisted by Compass $700,000
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Sep 8, 2021 Listed by Compass $975,000
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Mar 16, 2020 Off Market -
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Feb 23, 2020 Relisted by Compass $799,000
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May 13, 2018 Off Market -
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Property Analysis

Price Estimate

$707,000

HopScore Market Price

$700,000

Current Asking Price

+$7,000

Difference from Asking

Cap Rate Analysis

Operating Profit

$37,164
/

Purchase Price

$700,000
=

Cap Rate

5.31%
**

* Actual income may vary between $2,796 and $4,194 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 161 Adelphi St

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 161 Adelphi St

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Building at 161 Adelphi Street, Brooklyn, NY 11205

161 Adelphi Street

161 Adelphi Street, Brooklyn, NY 11205

Built in 1899 | 8 Units | 4 Stories

Want to find out who owns 161 Adelphi Street, Brooklyn, NY 11205? Get detailed property transactions here.

Neighborhood

Stats & Trends

$695,000

Median Asking

2.70%

Below Asking

$1,020

Sale Price/ft²

105

Days on Market

Transportation

G

at Clinton-Washington Avs 0.41 mi | 10 min walk

C

at Lafayette Av 0.48 mi | 12 min walk

Q

R

B

at DeKalb Av 0.56 mi | 13 min walk

2

3

4

5

at Nevins St 0.57 mi | 14 min walk

2

3

4

5

N

Q

R

B

D

at Atlantic Av 0.64 mi | 15 min walk

Schools

School Type Grades Distance
Ps 20 Clinton Hill Elementary PK to 5 0.12 mi
Fort Green Preparatory Academy Middle School 6 to 8 0.12 mi
Dr Susan S Mckinney Secondary School of the Arts High School 6 to 12 0.34 mi
Brooklyn Brownstone School Elementary PK to 5 2.04 mi
Bard High School Early College High School 9 to 12 1.79 mi
University Neighborhood High School High School 9 to 12 1.5 mi
New Explorations into Sciencetech and Math High School Other KG to 12 1.86 mi
Ps/is 137 Rachael Jean Mitchell Elementary PK to 8 2.96 mi
Ps 41 Francis White Elementary KG to 8 4.05 mi
Ps 165 Ida Posner Elementary PK to 5 4.01 mi
Ps 150 Christopher Elementary PK to 5 3.88 mi
Ps/is 155 Nicholas Herkimer Elementary PK to 8 3.46 mi
Ps 156 Waverly Elementary PK to 5 3.36 mi
New Design High School High School 9 to 12 1.94 mi
Aspirations Diploma Plus High School High School 9 to 12 1.81 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$3,820

Per Month
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Recent Transactions at 161 Adelphi St

Transaction history for 161 Adelphi Street

Unit Br Ba ft² Listed Listing Agent Asking
HOA + Tax
Closed Closing Buyer(s)
Unit 6 1 1 636 Apr 12, 2021 Deborah Rieders
The Corcoran Group
$695,000
$358/mo
Jul 27, 2021
105 Days
$710,000
+2.16%
Elham Asadi
Unit 8 1 1 - Apr 11, 2019 Brian Graham
Halstead Property, LLC
$695,000
$355/mo
Aug 28, 2019
138 Days
$657,500
-5.40%
Maria Groeneveld
Unit 5 1 1 765 Oct 2, 2014 Doug Bowen
CORE Group Marketing, LLC
$725,000
$428/mo
Dec 22, 2014
80 Days
$725,000 Christopher Graham
Megan Smiley
Unit 1 - - - - - - Aug 24, 2012 $377,000 Richard Mcmurrich
Solomon Singer
Unit 4 - - - - - - Apr 13, 2011 $355,000 Brigitta Bungard
Unit 6 - - - - - - Mar 9, 2011 $355,000 Peter W Dixon
Unit 2 - - - - - - Mar 2, 2011 $415,000 Lee Shapiro
Unit 5 - - - - - - Mar 2, 2011 $410,000 Zoe Lister-jones
Daryl Wein
Unit 7 - - - - - - Feb 14, 2011 $428,000 Marion E Duvert
Unit 3 - - - - - - Jan 31, 2011 $412,000 Michael P Gross
Unit 8 - - - - - - Dec 17, 2010 $370,000 Leanne Marie Smith

Apartments for Sale at 161 Adelphi Street

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Apartments for Rent at 161 Adelphi Street

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Learn more about 161 Adelphi St #1

Building at 161 Adelphi Street, Brooklyn, NY 11205

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