199 BERKELEY Place #NA
About This Property
This stately, 21-ft. wide, 1883 Brownstone is a unique artistic gem featuring all original architectural details enhanced by custom stenciling and murals on walls and ceilings. Impeccably restored and maintained, this legal two-family, four-story residence (used as one-family) celebrates its original style and character with visually rich contemporary refinement.
The garden floor offers informal living space with a library/media room and home office. A powder room, together with the office, could be converted into a sizable guest suite. The rear garden, professionally designed and planted, is a woodland glade highlighted by pea-gravel paths, waterfall, babbling brook, fully stocked fishpond, and lush plantings.
The parlor level offers grand spaces with 12-ft. ceilings, walnut burl wainscoting, and majestic pocket doors. The stenciled dining room features built-in china cabinets, mahogany mantel with pictorial Minton tiles, and art-glass panels. Showpiece of the house is the magnificent main parlor -- a.k.a. "Peacock Parlor" - inspired by Whistler's Peacock Room in the Freer Gallery in Washington, D.C. The parlor embodies the Aesthetic Movement's view of the peacock as a foremost symbol of beauty. Representations of the glorious bird are seen throughout -- including the bespoke custom-installed peacock-feather carpet. The kitchen occupies a convenient extension connected to the Dining Room. Its open shelving and tin ceilings are typical of many 19th century homes.The third and fourth floors, comprising four generous and two smaller bedrooms, original marble mantels, and two full bathrooms, are finished in an equally impressive manner.
Perfectly situated in Park Slope's historic district, this home is only two short blocks from Grand Army Plaza and the Farmers Market, with nearby 2/3 and B/Q train stations. Seventh Ave. with its array of shopping and dining, is just a half-block away. This is truly a rare offering and is available for viewing by appointment only.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2018 | Sold | ||
| Sold | |||
| Mar 16, 2018 | Listed by Compass | $3,700,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/16/2018
|
4 Bed
|
3 Bath
|
4658 ft²
|
$3,700,000
4 Bed
3 Bath
4658 ft²
|
$3,700,000
11/27/2018
|
Anne Rose
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017