397 State St, Brooklyn, NY 11217
OFF MARKET

$3,017,100

Trulia Estimate
  • 8 Beds
  • 4 Baths
  • 2,488 sqft

397 State St, Brooklyn, NY 11217

Boerum Hill
Est. Refi. Payment $17,556/mo*
Refinance Your Home
Currently Off Market - Sold Apr 21, 2022 for $1,478,000

Home Value

Trulia Estimate
$3.02M
Since last month
Increased$86K (+2.9%)
Since last year
Decreased$78K (-2.5%)
Since last sale
Increased$2M (+104.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +15% in the last 10 years
MonthEstimated value
2026
August 2026$3.02M
August 2026$3M
July 2026$2.93M
June 2026$2.94M
May 2026$2.92M
April 2026$2.71M
March 2026$2.92M
February 2026$2.79M
January 2026$2.78M
2025
2024
2023
2022
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
424 Atlantic Ave, Brooklyn, NY
0.09
Multi-Family Home
$2,925,000
01/23/26
6
4
3,600
224 Bergen St, Brooklyn, NY
0.23
Multi-Family Home
$2,500,000
01/16/26
5
4
3,600
26 Saint Felix St, Brooklyn, NY
0.29
Multi-Family Home
$3,100,000
05/18/26
4
3
2,180
212 Bergen St, Brooklyn, NY
0.23
Multi-Family Home
$3,423,000
05/04/26
3
2
2,268
17 Prospect Pl #6, Brooklyn, NY
0.58
Multi-Family Home
$3,160,000
09/26/25
6
3.5
3,040
114 Adelphi St, Brooklyn, NY
0.74
Multi-Family Home
$1,900,000
05/14/26
4
4
2,500
103 Lincoln Pl, Brooklyn, NY
0.81
Multi-Family Home
$1,217,275
03/20/26
7
4
3,580
411 Union St, Brooklyn, NY
0.63
Multi-Family Home
$3,700,000
02/26/26
6
4
3,093
416 State St, Brooklyn, NY
0.03
Multi-Family Home
$3,765,000
04/10/26
8
4.5
4,025
401 Butler St, Brooklyn, NY
0.55
Multi-Family Home
$2,778,010
03/16/26
7
3
3,256

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
436 State St #PENTHOUSE, Brooklyn, NY 11217
0.04
$4,995,000
4
2.5
-
For Sale
422 State St #20, Brooklyn, NY 11217
0.03
$1,114,300
2
1
-
Off Market
422 State St #10, Brooklyn, NY 11217
0.03
$1,556,900
3
1.5
-
Off Market
422 State St #6, Brooklyn, NY 11217
0.03
$1,388,200
2
1.5
-
Off Market
413 State St #4, Brooklyn, NY 11217
0.03
$1,580,000
2
1
-
Recently Sold
413 State St #3, Brooklyn, NY 11217
0.03
-
2
1.5
-
Off Market
416 State St, Brooklyn, NY 11217
0.03
$3,765,000
8
4.5
4,025
Recently Sold
423 Atlantic Ave #4N, Brooklyn, NY 11217
0.05
$1,125,300
1
1
-
Off Market
423 Atlantic Ave #3C, Brooklyn, NY 11217
0.05
-
2
1
-
Off Market
423 Atlantic Ave #4JH, Brooklyn, NY 11217
0.05
$2,312,200
3
2
-
Off Market
423 Atlantic Ave #3N-P, Brooklyn, NY 11217
0.05
$2,851,900
2
2
1,854
Off Market
289 Schermerhorn St #5C, Brooklyn, NY 11217
0.04
$1,695,000
2
2.5
1,270
For Sale

Local Information

  • Map ViewExplore the area around 397 State St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1940
2,488 sqft
$1,213/sqft

About this House

Excellent Brick Townhouse classified by New York City Department of Finance as a 2 family with an HPD I-Card stating Single family with 7 room SRO, please verify information with your attorney and/or architect. This buiding is perfectly positioned in the coveted Boerum Hill section of Brooklyn. Ready for an End-User, Developer or Investor. 397 State St is located in the heart of everything that Brooklyn has to offer. The list includes the following: the Barclays Center, Brooklyn Academy of Music, Dekalb Market, LIU Brooklyn, Atlantic Terminal, Restaurants, Bars, Parks. There is approximately 1735sqft of additional Air Rights that can be used to for New Construction, Condo Conversion or an Addition to the existing building.
397 State St, Brooklyn, NY 11217 is a 8 bedroom, 5 bathroom, 2,488 sqft multi-family in Boerum Hill, built in 1940. It last sold for $1,478,000 on Apr 21, 2022. More recently, it was listed as a rental in November 2014 with an asking price of $2,700 per month. That rental listing was removed on November 16, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,017,100, with a rent estimate of $5,460/month.

Home Details for 397 State St

Property Information

Year Built
Year Built: 1940Year Updated: 1940
Property Type / Style
Property Type: Multi Family

Interior Features

Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Garden

Community

Units in Building: 2

Lot Information

Lot Area: 2117 sqft

Price and Tax history

DateEventPrice
Apr 21, 2022
Source: N/A
Sold
$1,478,000
Feb 1, 2021
Source: OneKey® MLS as distributed by MLS GRID #3247456
Pending
$1,600,000
Jan 29, 2021
Source: StreetEasy
ListingRemoved
Sep 23, 2020
Source: Agent Provided
PriceChange
$1,600,000
Price decreased by 31%
Aug 29, 2020
Source: Agent Provided
Listed For Sale
$2,325,000

Market trends in New York

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM

Around this home

Neighborhood Overview

Boerum Hill
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Boerum Hill

At least 1 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say there are community events

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to restaurants

  • 100 % Say kids play outside

  • 75 % Say they plan to stay for at least 5 years

  • 75 % Say streets are well-lit

  • 75 % Say people would walk alone at night

  • 67 % Say there are sidewalks

  • 67 % Say it's walkable to grocery stores

  • 63 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 50 % Say parking is easy

  • 50 % Say car is needed

  • 50 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s quite expensive and people are getting priced out. Spaces are small but manageable for growing families "
    1
    Flag
  • Trulia User
    "My neighborhood has great access to public transportation, public parks, and museums. It has a neighborhood feel to it but also offers plenty of restaurants"
    1
    Flag
  • Lucia.haldjian
    "Easy, close to all trains to various parts of Manhattan, Queens and Brooklyn. Many people also bike. "
    1
    Flag
  • Juliearegan
    "Brownstones in the heart of Brooklyn - in the middle of everything (cobble hill, park slope, downtown, fort Greene etc)"
    2
    Flag
  • Michael H.
    "Easy commute! Walk to Barclays on 4th Ave, then quick ride into Manhattan on the NYC subway to Grand Central. "
    1
    Flag
  • Laura B.
    "Lots of dogs in this neighborhood. The nearest dog parks are at least a fifteen minute walk away though. There are some great doggy daycares in the neighborhood. Ciao Bow Wow is great."
    1
    Flag
  • And1san3fue2
    "I've live here fir 30+ years raised my children and now my grand children. The area has had some rough edges within time but i considered it safe."
    8
    Flag
  • Cruza2373
    "I see people walking with the dogAnd talking to people the neighborhood is pretty good The stores are near to walk"
    0
    Flag
  • Cruza2373
    "Good neighborhood friend people clean neighborhood store near us park around us walking distance to Subway"
    0
    Flag
  • Laureen R. C.
    "The area is serviced by 90% of all the subway lines. I work in Midtown (48th and Park) and I have a 30 minute door to door."
    1
    Flag
  • Natalie B.
    "Several lines all within easy walk providing fast and easy commute to Manhattan or anywhere in Brooklyn "
    0
    Flag
  • Lauren.elizabeth.long1010
    "Family and dog friendly, great food finds and picturesque day and night. I have lived here for a few years now and love it more and more each day! "
    0
    Flag
  • Ashley
    "my commute is easy, I love right by the Atlantic Ave Barclays center station, and enter closest to where the N/R trains are. I take the N express to Midtown where I work, it takes about 35 min door to door. "
    0
    Flag
  • Douglas Barnes
    "We've lived here for 13 years and love it. For much of that time we didn't have a car -- we have a car now primarily for trips outside the city. It's a very friendly neighborhood, more friendly than the places I've lived in Colorado, Texas and California."
    7
    Flag
  • Tianafelder
    "Yo it’s a good neighborhood and all, it’s be the junkies that make it look bad. Don’t pay them no mind thou. They nice junkies that always want to borrow $2. Don’t give it to them thou cause then they’ll ask you everyday "
    0
    Flag
  • Cassier94
    "The neighborhood is super family friendly. You’ll always see kids of all ages playing in the schoolyard "
    0
    Flag
  • Fernanda.lacerda
    "they would love it there are 100 dogs in every blocks; they have dog parks and this dog will be a happy dog"
    0
    Flag
  • Justinbilicki
    "Easy access to all subways lines. Very close to all of them. Beautiful tree lined street. Nicer walk towards Smith Street than it is towards Fourth "
    0
    Flag
  • Isabel F.
    "Convenient for transport , diverse, leafy, good shops, farmers market, high-low which I like. All ages and a range of socio-economic types. Good schools. Community- unlike so much of manhattan nowadays. where I originated..."
    3
    Flag
  • Johannaprovenzano
    "It is a truly diverse and friendly neighborhood, accessible to all. It is beautiful and represents all of NYC!"
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 397 State St

  • What is 397 State St estimated to be worth?
    Trulia's estimated value for 397 State St in Brooklyn, NY is $3,017,100.
  • What is the price history for 397 State St?
    397 State St in Brooklyn, NY last sold for $1,478,000 in April 2022.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $818K. That is up $21.67K from the prior month.

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