$1,500,000
PENDING $50K PRICE DROP

Estimated payment $8,277/month

Total Views 4,611
5 Beds
2.5 Baths
3,005 Sq Ft
$499 Price per Sq Ft

About This Home

Nestled on a picturesque tree-lined street in Bedford-Stuyvesant, 397 Bainbridge St. stands as a testament to classic Brooklyn brownstone living. This two family townhouse offers the perfect blend of historic charm and modern comfort, with just a bit of remodel and care, it presents an excellent opportunity for both homeownership and investment.

The property features a spacious owner's duplex spanning the first two floors, comprising three bedrooms and one and a half bathrooms. Above, a well-appointed two-bedroom, one-bathroom rental unit occupies the third floor, providing attractive rental income potential. Throughout the home, original details like exposed brick walls and hardwood floors harmonize with contemporary additions including recessed lighting, creating an atmosphere that's both sophisticated and welcoming.

Enjoy the owner's backyard, perfect for morning coffee, evening entertainment, or cultivating your dream garden.

The vibrant Bed-Stuy location puts you at the heart of one of Brooklyn's most culturally rich neighborhoods. Just steps from your door, you'll discover the beloved Herbert Von King Park, the historic Billie Holiday Theatre, and local favorites like Peaches HotHouse. The Hattie Carthan Community Garden nearby offers a green retreat and speaks to the strong sense of community that defines this historic district.

397 Bainbridge Street represents a rare opportunity to own a piece of Brooklyn's architectural heritage while benefiting from rental income potential. This turnkey property awaits its next steward to continue its legacy of distinguished Brooklyn living.

DELIVERED VACANT. Contact us today to schedule your private showing of this exceptional home.

Listing Agent

TriciaLee Riley

Serhant License #10301215044 Listed on: 02/06/2025

Serhant

Co-Listing Agent

Jeffrey St. Arromand

Serhant License #10401251694

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 1899

Lot Details

  • 1,775 Sq Ft Lot
  • Lot Dimensions are 100.00x17.75

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,005 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • No Cooling

Community Details

  • Stuyvesant Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,920

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Stuyvesant Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3005.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1775.0
  • Lot Size Dimensions: 100.00x17.75

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: -1
  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016
  • Tax Annual: 4920.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,922 $71,160 $18,720 $52,440
2024 $4,922 $83,700 $18,720 $64,980
2023 $4,715 $102,720 $18,720 $84,000
2022 $4,377 $94,620 $18,720 $75,900
2021 $4,614 $95,400 $18,720 $76,680
2020 $2,261 $99,060 $18,720 $80,340
2019 $4,272 $91,140 $18,720 $72,420
2018 $3,944 $19,347 $3,378 $15,969
2017 $3,724 $18,270 $4,851 $13,419
2016 $3,652 $18,270 $6,552 $11,718
2015 $2,079 $18,014 $8,968 $9,046
2014 $2,079 $17,017 $10,163 $6,854
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Price Changed $1,500,000 -3.2% $499 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $1,550,000 -- $516 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $1,500,000 --
Deed $555,000 --
Deed $555,000 --
Deed $180,000 --
Deed $180,000 --
Deed $367,000 --
Deed $367,000 --
Deed $157,000 First American Title Ins Co
Deed $157,000 First American Title Ins Co
Deed $80,000 First American Title Ins Co
Deed $80,000 First American Title Ins Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,020,000 Purchase Money Mortgage
Previous Owner $539,188 FHA
Previous Owner $180,000 Purchase Money Mortgage
Previous Owner $346,750 Purchase Money Mortgage
Previous Owner $155,420 FHA
Previous Owner $40,000 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11032990

Real Estate Board of New York (REBNY)

APN: 01504-0055