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285 STATE Street
About This Property
The garden level is the heart of the home with an amazing Bulthaup kitchen with a gorgeous honed Basaltina island, five burner Bosch range, two wall ovens, and a tremendous amount of storage. Adjacent to the kitchen is a stunning dining/sitting room facing the garden with a double height wall of glass, and the 20 foot-high ceiling rising above. Accordian glass doors open fully to connect the landscaped backyard to the kitchen and dining room for outdoor dining and entertaining. At the front of the garden level is an entranceway with excellent storage, and a first-floor bedroom and full bath, perfect for guests or a home office.
On the parlor level there is a comfortable den/TV room and a gorgeous living room centered around the wood burning fireplace. This lovely room overlooks the dining room below with exposure out to the garden.
The third floor features two large bedrooms, two bathrooms (one en-suite) and a dedicated laundry area. The primary suite is on the fourth floor and includes a dressing room leading to the elegant bath with deep soaking tub, double vanity, walk in shower and Carrara marble throughout. An additional bedroom on this floor has been customized with a built-in desk, seating and storage. The fifth floor is a multi-purpose penthouse room, framed with walls of glass, a huge skylight illuminating the entire house, and two large terraces offering fantastic indoor/outdoor entertaining spaces. The basement, with nearly 9-foot ceilings, has a rec room area and room for a ping pong table and abundant storage.
This historic block of State Street is an incredibly convenient location, at the crossroads of Brooklyn Heights, Cobble Hill and Downtown Brooklyn, near all major subway lines at Borough Hall and Jay Street/Metrotech, popular restaurants including French Louie, Bacchus, Grand Army, Gage & Tollner and Dekalb Market Hall, and all of the shopping, entertainment and dining destinations at City Point, Smith Street and Atlantic Avenue.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by Corcoran Group | $5,275,000 | |
| Listed by Corcoran Group | |||
| Nov 14, 2025 | Price Decreased |
$5,375,000
↓ $124K
(2.3%) | |
| Price Decreased | |||
| Aug 16, 2025 | Listed | $5,499,000 | |
| Listed | |||
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Welcome to 285 State Street, a stunning single-family townhouse and one of the original “14 Townhouses” development by award-winning architects Rogers Marvel, that boasts modern luxury across five bedrooms, four bathrooms, and three private outdoor spaces - including two terraces and a lush backyard.
The ground level features a sleek chef’s kitchen with stainless steel appliances, an eat-in island, and extensive cabinetry. This space flows seamlessly into a dramatic dining area with soaring double-height ceilings and accordion sliding glass doors that open to the rear patio and garden, creating a perfect indoor-outdoor living experience.
Above, the full parlor floor serves as a spacious living area with a fireplace and a striking overlook to the level below. The large primary suite is a private retreat with a spa-like en suite bath featuring dual sink vanities and a generous walk-in closet. Guest bedrooms throughout the home are thoughtfully designed and generously sized, offering comfort and flexibility.
At the top of the home, a sunlit loft space is ideal for a home office, gym, or creative studio, and opens directly to the upper terrace with treetop and city views. Situated in the heart of Boerum Hill, one of Brooklyn’s most sought-after neighborhoods, you’ll enjoy tree-lined streets, acclaimed dining, shopping, and convenient access to multiple subway lines.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017