PENDING
$50K PRICE DROP
397 Bainbridge St Brooklyn, NY 11233
Bed-Stuy NeighborhoodEstimated payment $8,694/month
Total Views
4,600
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.
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
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
Map
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Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | $785,000 | Unknown | |
| Previous Owner | $104,014 | Unknown | |
| Previous Owner | $539,188 | New Conventional | |
| Previous Owner | $180,000 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | No Value Available | |
| Previous Owner | $180,000 | No Value Available | |
| Previous Owner | $425,000 | No Value Available | |
| Previous Owner | $346,750 | No Value Available | |
| Previous Owner | $155,420 | FHA | |
| Previous Owner | $40,000 | No Value Available |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11032990
APN: 01504-0055
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