11
Map
38 SHERMAN Street
About This Property
Inside, you'll find beautiful parquet floors and an array of original architectural details that add timeless charm throughout. Both front and rear gardens provide private outdoor spaces, perfect for relaxing or entertaining.
The property is currently configured as a garden duplex with a top-floor rental unit. The ground level features a spacious living area, an eat-in kitchen, a versatile office or den, a full bathroom, and a dedicated laundry area with direct access to the backyard. The second floor offers three well-proportioned bedrooms and a full bath. The top floor is arranged as a generous one-bedroom apartment, ideal for rental income or guest accommodations.
Lovingly maintained over the years, this exceptional home presents a unique opportunity to customize and transform it into your dream residence while preserving its historic charm.
Location, Location, Location! Experience the charm of Windsor Terrace, Brooklyn, with its local favorites. Savor delicious bites at Syko, Le Paddock, Hamilton's, Brancaccio's, Butterfly Bakeshop, and other neighborhood gems. Grab a coffee at Irving Farm Coffee Roasters or enjoy craft cocktails at Union Hall. Just 0.2 miles from the F/G lines at Prospect Park Station and only three blocks from Prospect Park, you're perfectly positioned to enjoy weekend outtings and picnics at the park, as well as quick access to nearby Park Slope's boutiques and eateries. Windsor Terrace combines a peaceful residential feel with the best of Brooklyn living right at your doorstep.
Payment Calculator
Your Estimated Monthly Payment
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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | Listed by Brown Harris Stevens Brooklyn LLC | $2,999,000 | |
| Listed by Brown Harris Stevens Brooklyn LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About South Brooklyn
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,750 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
$8,725 - $9,400 /mo
- 2 Beds
- 3 Baths
- 2,180 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017