235 Berkeley Place #2
About This Property
The home is located at the back of the building where you can find quiet tranquility. In the great room, you'll have space large enough for living, dining, and in-home office. More details include custom built-in hardwood cabinets and 2 closets. The bedroom is in a brick extension built into the backyard and is filled with natural light from windows on two exposures; the owner describes it as 'sleeping in the garden.' It features a floor-to-ceiling built-in armoire custom-built of solid cherry and maple by Scott Jordan, as well as brand-new remote control lighting with dimmer and ceiling fan. The kitchen includes a dishwasher and a pantry closet, while the bathroom has a recently updated vanity, medicine and storage cabinets. The home is outfitted with brand new Kolbe windows, new blinds, and well-maintained hardwood floors.
The private backyard is a rare treasure, an oasis of greenery and tranquility. With over 700 sq ft of space, it feels like a miniature park of your own, shaded and cool in summer and bright in winter. Bluestone-paved seating areas provide space for entertaining, relaxing, working, or dining al fresco; the surrounding planted borders include a large fir tree, a flowering dogwood, hydrangeas, and shrubs that provide privacy and variety through the seasons.
235 Berkeley is an 8-unit, self-managed co-op in prime Park Slope, on a beautiful tree-lined historic block, one street away from Prospect Park. This co-op has solid financials (no planned assessments) with low carrying costs, storage space for each home in the basement, a local handyman maintains and cleans the interiors of the building's hallways and staircases, a porter who cares for trash and recycling, and a basement laundry room. Located only moments from multiple train lines (2/3/4 at Grand Army Plaza, or the B/Q at 7th Ave offer you easy access to Brooklyn and Manhattan), and a short distance to 7th Ave where you can find some of the best restaurants, coffee shops, bars, and neighborhood amenities that Park Slope has to offer.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2025
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$615,000
+2.67%
01/12/2026
|
JOSEPH CONLEY
Brown Harris Stevens Brooklyn LLC
| |
|
03/12/2024
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$636,000
+6.18%
06/04/2024
|
Mallory Bogard
Serhant
| |
|
11/01/2020
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$657,500
-5.40%
03/18/2021
|
Brandon Bogard
Serhant LLC
| |
|
08/19/2020
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$610,000
+2.52%
10/27/2020
|
Brandon Bogard
Serhant LLC
| |
|
08/11/2020
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$415,000
-2.35%
11/25/2020
|
Rhoda Dunn
Compass
| |
|
09/04/2018
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$385,000
-9.41%
02/04/2019
|
Charles Pigott
Corcoran Group
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$389,000
1 Bed
1 Bath
|
$389,000
09/04/2013
|
Myrel Glick
Elliman
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017