296 Throop Ave, Brooklyn, NY, 11206
About This Home
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.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 2014
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 6,277
- Total interior livable area: 6,277 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Other,Deck
- Exterior features: Garden,Private Roof Deck
- Has view: Yes
- View description: City
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $18,709 | $224,508 |
| Home Insurance * | $466 | $5,592 |
| Property Taxes | $1,726 | $20,712 |
| Electricity | $1,037 | $12,448 |
| Total | $21,938 | $263,256 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Listed for sale | $3,700,000 |
| 2016-06-06 | Listing removed | $4,000,000 |
| 2016-05-23 | Listed for sale | $4,000,000 |
| 2016-01-13 | Listing removed | $4,500 |
| 2015-10-05 | Price change | $4,500 |
| 2015-07-26 | Price change | $2,850 |
| 2015-04-21 | Price change | $2,700 |
| 2015-03-20 | Price change | $2,200 |
| 2014-11-01 | Listed for rent | $2,700 |
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