Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $975,000

· Closed August 27, 2024

197 Spencer Street #3B
Closed For Sale Condo

$975,000

$937 per sq ft

197 Spencer Street #3B

Bedford-Stuyvesant, Brooklyn

MLS® #RLS10979980

RLS at REBNY

Listing by Compass

2

Bedrooms

1.5

Baths

1,041

Sq. Ft.

2002

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 1,041 sq ft
Year Built 2002
Ownership Condo
HOA/Common Charges $1,145/mo
Property Taxes $288/yr
Neighborhood Bedford-Stuyvesant
Floor 3 of 8

Property Highlights

  • Exposure: East,West facing
  • Outdoor Space: Balcony
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 1 Full, 1 Half
Floor 3 of 8
Exposure East,West
Heating Central
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2002
Living Area 1,041 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 01763-1206
Block/Lot 01763/1206

Listing History

Event Date Price Change
Listed May 21, 2024 $975,000 -
Currently Apr 22, 2026 $975,000 -

Description

Welcome to 197 Spencer Street - Apt. 3B - Extra-large 1-bed (flexible 2-bed) + 1.5 bathrooms in a pet-friendly condominium with private outdoor space. The Spencer offers a part-time super and a shared roof deck with Brooklyn views. Unit 3B provides over 1,041 sf of loft-like living space with a keyed elevator opening directly into the apartment, large rooms, high ceilings, oak floors, central A/C, great storage pace and your own washer and dryer. The expansive living and dining room offer exposed brick and excellent sunlight. Just off the living room, your private balcony, spacious enough for a table and chairs making morning coffee and evening dinners seamless. The open kitchen offers an island, granite counters, stainless steel appliances, stainless steel backsplash and plenty of cabinets. A long hallway provides 2 large storage closets and a washer and dryer closet. The king-size bedroom is spacious and provides an en-suite bathroom and a walk-in closet. The master bedroom could be easily split in 2 separate bedrooms (see alternative floor plan provided here). Additionally, if you work from home, you will appreciate the quiet and roomy home office. 197 Spencer Street is a chic 18-unit boutique condominium located on the border of Clinton Hill and Bedford-Stuyvesant on a quiet tree-lined street with the G train just two blocks away. The Pratt Institute is located a few blocks away, the Pratt Sculpture Garden, Herbert Von King Park and Fort Greene Park are highly sought-after neighborhood amenities that are all within close close proximity. Here is your chance to own a large loft-like two-bedroom condo in a vibrant neighborhood! The real estate tax abatement ends in 2029 The common charges are $675.56 with an assessment of $469.56 ending in April 2031 bringing the monthly common charges to $1,145.12

Features & Amenities

Interior Features

Breakfast Bar Granite Counters High Ceilings Kitchen Island Pantry Walk In Closets In Unit See Remarks Flooring: Hardwood

Exterior Features

Balcony Private Entrance Balcony

Appliances

Dishwasher Energy Star Qualified Appliances Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances Washer

Building Information

Total Units 8
Stories 8
Structure MultiFamily

Financial Details

Common Charges $1,145/mo
RE Taxes $288/yr ($24/mo)
Sale Price $975,000

Bedford/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 Neighborhood

Active Listings

90

Median Asking Price

$1.26M

Median $/Sqft

$884

Avg Days on Market

N/A

New This Week

4

Price Reduced

19%

Sold (30 Days)

13

Median Sale Price

$1.84M

Live data from RLS at REBNY • Updated 4/22/26, 8:24 AM EST

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Location

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197 Spencer Street #3B, Bedford-Stuyvesant, Kings County

Floor Plans

Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

2004
Year Built
22 years old
9
Floors
18
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,050,205
Land Value: $54,003
Exemptions: $1,638,086

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,000 SF
Building Area: 16,250 SF
Built FAR: 4.06
Allowed FAR: 2

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,145 per month. Confirm the exact amount with the listing broker before making an offer.

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 2 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,041 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2002, making it approximately 24 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $975,000 for 1,041 sq ft, the asking price per square foot is approximately $937. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.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) 416-7433
MLS® ID: RLS10979980
First Listed: 7/7/2024
On Market: 5/21/2024
Closed: 8/27/2024
Contract Date: 5/1/2024

Listing Courtesy of Compass - Patricia Cecile Charlotte Laligant

Listing Contact: (917) 362-7749

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/22/2026 at 12:24 PM UTC

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