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271 DECATUR Street
About This Property
The parlor level welcomes you with striking contrast: natural light fills the space while black wainscoting, moldings, and original restored staircase banisters add bold sophistication. Wide archways create a gracious flow from the living room to the formal dining area and into a sleek, modern kitchen outfitted with black cabinetry, geometric tilework, and a full suite of stainless steel appliances.
On the garden level, an oversized bedroom, full bath, and a versatile recreation space offers ultimate flexibility-perfect as a guest suite, home office, or additional sleeping quarters. Step outside to your private backyard retreat for al fresco entertaining or quiet morning coffee.
The second floor features two spacious bedrooms, a stylishly tiled full bath, and a bonus room ideal for a study or additional bedroom. Upstairs, the third floor mirrors the layout with three more bedrooms, another full bath, and abundant closet space throughout.
One more flight brings you to your rooftop-a true urban oasis-perfect for lounging, entertaining, or taking in panoramic Brooklyn views.
Conveniently located near the A and C trains at Utica Avenue and surrounded by beloved neighborhood favorites like Peaches and Saraghina, this home offers the perfect blend of charm, space, and connectivity.
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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 |
|---|---|---|---|
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Price Decreased |
$2,495,000
↓ $55K
(2.2%) | |
| Price Decreased | |||
| Jan 21, 2026 | Price Decreased |
$2,550,000
↓ $145K
(5.4%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$2,695,000
↓ $200K
(6.9%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by Brown Harris Stevens Residential Sales LLC | $2,895,000 | |
| Listed by Brown Harris Stevens Residential Sales LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017