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204 Berkeley Place #1
About This Property
The parlor floor is anchored by a living room with direct access to a private landscaped garden. Framed by bay windows at both ends, the parlor floor enjoys beautiful natural light and verdant outlooks from front to back. Soaring 10'10" ceilings, stained glass transoms, intricate millwork, substantial moldings, and inlaid hardwood floors showcase the home's architectural detail. A nearly 24-foot dining room occupies the opposite end of the floor, providing ample space for entertaining, while a Henrybuilt kitchen connects the principal rooms with ease.
A windowed foyer creates a formal point of arrival on the parlor level, while a separate garden-level entrance and mudroom provide a practical everyday entrance.
The lower level includes a spacious primary suite with direct outdoor access. Two additional bedrooms, two full bathrooms, and abundant closet space complete the floor. The layout separates entertaining and sleeping floors, while central air conditioning enhances everyday comfort.
A substantial building cellar provides approximately 500 square feet allocated to Residence 1, including a washer/dryer, abundant storage space, and tucked-away building mechanicals.
Located in the heart of North Park Slope, moments from Prospect Park, some of Brooklyn's best restaurants, neighborhood boutiques, and convenient transportation, Residence 1 offers a rare opportunity to enjoy brownstone living with exceptional outdoor space on one of Brooklyn's most coveted blocks.
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Listed by Sothebys International Realty | $3,500,000 | |
| Listed by Sothebys International Realty | |||
| May 5, 2010 | Sold | ||
| Sold | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
- 2 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017