For Sale · Listing by Douglas Elliman Real Estate
296 THROOP Avenue
Bedford-Stuyvesant, Brooklyn
$3,700,000
$3,700,000
296 THROOP Avenue
MLS® #RLS20099775
Listing by Douglas Elliman Real Estate
- 10
- Bedrooms
- 8.5
- Baths
- N/A
- Sq. Ft.
- N/A
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 24, 2026 | $3,700,000 | - |
| Currently | Aug 13, 2026 | $3,700,000 | - |
Description
296 Throop Avenue presents a rare opportunity to acquire a newly constructed, 8-family multifamily building in the heart of Brooklyn. Built in 2014, the property spans approximately 6,277 square feet above grade and offers a desirable mix of one- and two-bedroom residences with high-end finishes throughout. With strong in-place income, exceptionally low expenses, and annual real estate taxes of just $289 thanks to a 421A tax abatement in place through 2042, the property delivers attractive long-term investment fundamentals. Its modern construction, efficient layouts, and favorable tax structure make 296 Throop Avenue especially compelling for investors and 1031 exchange buyers seeking stable income with minimal operating costs.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Bedford-Stuyvesant
View All Bedford-Stuyvesant ListingsBedford/Stuyvesant, in Brooklyn, features a mix of traditional brownstone row houses and mid-rise apartment buildings. Local amenities include proximity to major parks and robust access via subway lines, such as the L and J/Z trains. The area retains much of its historic architecture alongside newer residential developments.
Bedford-Stuyvesant Live Market Data
View NeighborhoodActive Listings
80
Median Asking Price
$1.47M
Median $/Sqft
$877
Avg Days on Market
N/A
New This Week
3
Price Reduced
30%
Sold (30 Days)
6
Median Sale Price
$1.24M
Live data from RLS at REBNY • Updated 8/13/26, 6:31 AM EST
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Location
296 THROOP Avenue, Bedford-Stuyvesant, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $288, or roughly $24 per month. Verify the current assessment with your attorney before closing.
This property has 10 bedrooms and 8 full bathrooms and 1 half bathroom.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Shai Bernstein
Listing Contact: (718) 708-3350
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 8/13/2026 at 10:31 AM UTC
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Bedford-Stuyvesant Market Update
6 sales last 30 days · $1.47M median · 13.3 months supply
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Quick Facts
Monthly Costs Estimate
$740,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$55,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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