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428 11th Street
About This Property
Coming home to 428 11th Street you'll enter through a spacious front garden and elegant double doors onto the parlor floor, which stretches 53-feet front to back. Tall windows bring light into the front parlor all day long. The back parlor, which is also graced with tall windows, leads to a windowed kitchen, with a half bath tucked away. The kitchen, which was redone in 2023, steps directly out to an expansive and sunny south-facing backyard. This tranquil refuge from the bustle of Brooklyn is a perfect place to relax, entertain, and enjoy everyday life.
Upstairs you'll find four sun-drenched bedrooms: two large and two small, which could also serve as den, home office, exercise room, and many other uses. The large bedrooms are centered around beautiful original mantels.
Downstairs the basement provides ample room for storage and is equipped with well maintained mechanicals. Stairs and hatches lead to the front yard and backyard for convenience.
Zoning allows for the expansion of 428 11th Street with up to 1,800 additional square feet in the backyard or on the roof.
428 11th Street is move-in ready and full of potential, all while being located close to the best of Park Slope's renowned restaurants, boutiques, and other amenities. Prospect Park is just two blocks away. The F/G trains are also two-blocks away and the N/R trains are three blocks away for quick commuting options to Manhattan and the rest of the city. Come see this beautiful Park Slope townhouse and make it the backdrop for your next chapter in Brooklyn.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Compass | $2,450,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017