1
Map
$2,250,000
●
Condo -
Off Market
285 7th Street #1
Brooklyn, NY 11215
2 Beds
2 Baths,
1
Half Bath
$2,410,626
RealtyHop Estimate
7.14%
Since Sep 1, 2022
NY-New York
Primary Model
About This Property
Introducing 285 7 Street, a brand new three unit boutique
condominium conversion situated perfectly in Park Slope. All three
residences underwent dramatic expansions and gut renovations, each
thoughtfully reimagined and are now ready to be called home for the
first time.
Resident 1 is a sun-kissed and impeccably renovated never before lived in two bedroom 2.5 bathroom duplex unit with an enviable private backyard and features high ceilings, wide plank white oak flooring throughout, Mitsubishi Hyper Heat and central air conditioning dual systems and a video intercom.
The modern, tailored finishes of the condominiums at 285 Seventh St. coupled with the serenity of quiet tree lined streets, close proximity to transportation and excitement of a vibrant neighborhood full of the best parks, schools, restaurants and boutique stores make these residences an ideal place to call home.
This is not an offering plan. The complete offering terms are in an offering plan available from the sponsor. Sponsor reserves the right to make changes in accordance with the offering plan File No. CD-20-0308.
Resident 1 is a sun-kissed and impeccably renovated never before lived in two bedroom 2.5 bathroom duplex unit with an enviable private backyard and features high ceilings, wide plank white oak flooring throughout, Mitsubishi Hyper Heat and central air conditioning dual systems and a video intercom.
The modern, tailored finishes of the condominiums at 285 Seventh St. coupled with the serenity of quiet tree lined streets, close proximity to transportation and excitement of a vibrant neighborhood full of the best parks, schools, restaurants and boutique stores make these residences an ideal place to call home.
This is not an offering plan. The complete offering terms are in an offering plan available from the sponsor. Sponsor reserves the right to make changes in accordance with the offering plan File No. CD-20-0308.
Unit Size
-
Days on Market
133 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$699
HOA Dues
$663
Year Built
1901
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (RLS #RLS10786589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by Compass | $2,250,000 | |
| Listed by Compass | |||
Property Highlights
With View
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Dryer, Washer
Laundry Features: Common Area, BuildingWasherDryerInstallAllowed
Rooms: 6
Exterior Details
Architectural Style: Prewar
Year Built: 1901
Lot Size Dimensions: 18.0 x 100.0
Tax Lot: 67
Financial Details
Tax Annual Amount: $8,388
Location Details
HOA Fee: $663
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/21/2022
|
2 Bed
|
2 Bath
|
-
|
$2,250,000
2 Bed
2 Bath
|
$2,250,000
08/01/2022
|
Christine Blackburn
The Corcoran Group
| |
|
03/05/2022
|
2 Bed
|
2 Bath
|
1125 ft²
|
$1,550,000
2 Bed
2 Bath
1125 ft²
|
$1,680,110
+8.39%
07/29/2022
|
Christine Blackburn
Compass
| |
|
03/05/2022
|
3 Bed
|
2 Bath
|
1495 ft²
|
$2,195,000
3 Bed
2 Bath
1495 ft²
|
$2,125,000
-3.19%
07/12/2022
|
Christine Blackburn
Compass
| |
|
11/13/2016
|
7 Bed
|
4 Bath
|
-
|
-
7 Bed
4 Bath
|
$2,125,000
11/15/2017
|
Michael Hartman
The Corcoran Group
|
Building Info
About South Brooklyn
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Listed by: Tom Salzano
Listing Courtesy of Compass
Last Updated: 2 years ago
Last Checked: 4 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 2 years ago
Last Checked: 4 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017