110 North 1st Street Condominium
110 North 1st Street, Brooklyn, NY 11249
Overview
110 North 1st Street is a 38-unit condo in Brooklyn, with 19 parking units and 22 storage units.
- Offering plan: Accepted February 2023 · 392 pages · floor plans on page 61
- Finishes: Engineered wood floors, marble kitchen countertops, Gaggenau appliances, a washer and dryer in each apartment, Watermark bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,640 a square foot on average, as first offered; $80.2 million in all
- Common charges: $436–$2,389 a month, the sponsor's first-year estimate
- Developer: EDRE Development; principals Harel Edery
- Sponsor: 110 N1 Owner, LLC, represented by Marans Newman Tsolis & Nazinitsky LLC
- Subway: 8-minute walk to Bedford Av (L); 14 minutes to Marcy Av (J, M, Z)
- Amendments: 4, the latest in November 2024
- Units
- 38 residential · 19 parking · 22 storage
- Subway
- 8 min walk to Bedford Av LMarcy Av J M Z, 14 min
- Developer
- EDRE Development
- Principals
- Harel Edery
- Average $/sf
- $1,640Homes in Schedule A, as first offered
- Common charges
- $436–$2,389 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 - December 31, 2024
- Offering price
- $80.2 million total
- Floor plans
- Page 61 of the plan
- SubmittedApril 2023
- AcceptedFebruary 2023
- 4 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Aug 31, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 35 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 4 Nov 14, 2024
Amendment corrects unit price labeling errors, revises PHA roof terrace allocation, confirms first closing and temporary occupancy, and extends the offering term by six months.
- Unit 2E (Garden C) price corrected to $2,750,000.00
- Unit 2F (Garden B) price corrected to $2,000,000.00
- Unit PHA roof terrace reduced to 780 sf; 245 sf now designated as Residential Common Element for mechanical space
- First Unit Closing occurred April 17, 2024
- Temporary Certificate of Occupancy issued April 9, 2024, set to expire June 12, 2025
- $10,000.00 posted to guarantee obtaining permanent Certificate of Occupancy
- Ten unsold units: GDN-A, 3E, 4A, 4E, 4G, 5A, 5F, PHA, PHB, PHC
- Offering term extended six months from amendment date
Amendment 3 Dec 28, 2023
Prices for 39 units and 2 storage units are updated.
- Unit 1A (Garden A): $2,500,000.00
- Unit 2A: $1,600,000.00
- Unit 2B: $1,995,000.00
- Unit 2C (Garden C): $800,000.00
- Unit 2D (Garden B): $1,500,000.00
- Unit 2E: $2,750,000.00
- Unit 2F: $2,000,000.00
- Unit 3A: $1,650,000.00
Amendment 2 Sep 11, 2023
Plan declared effective, selling agent changed to Nest Seekers LLC, floor plans corrected to show roof terraces, unit prices set, and offering term extended.
- Plan declared effective with 8 units (21%) purchased
- Selling agent replaced with Nest Seekers LLC at 415 Madison Avenue, Floor 20, New York, NY 10017
- Floor plans corrected to depict roof terraces on certain units
- Purchase prices set for 43 units ranging from $20,000 to $5,495,000
- Offering term extended by 6 months from amendment filing date
Amendment 1 Apr 24, 2023
Amendment modifies building layouts, corrects staffing and Schedule B nomenclature, adds EV charging infrastructure, and institutes regulations for Limited Common Elements.
- Cellar pool, sauna, equipment storage, and storage spaces 20 and 25 reconfigured
- First floor reading room revised; parking garage equipped with EV charging
- Rooftop terraces reassigned to units; green roof fencing eliminated; Units 4F, 5F, PH1F added to Special Risk 6 for west façade lot line windows
- Schedule B staffing corrected to one 40-hour superintendent, one 24-hour porter, and 56 hours concierge service
- Schedule B-1 unit nomenclature corrected for sixth and seventh floors
- All parking spaces wired for EV charging; Tesla wall connectors available in Tesla proprietary and J1772 plugs; metering charged at $.01/kWh
- Board of Managers to enforce maximum 6' partition height for Limited Common Elements; all modifications require Board written permission
- Revised Schedule A and Floor Plans attached
Team
- Sponsor
- 110 N1 Owner, LLC
- Developer
- EDRE DevelopmentReported by nyrej.com
- Principals
- Harel Edery
- Tax estimate
- MGNY ConsultingPrepared the first-year real estate tax projection
- General contractor
- Target ConstructionHeld the general construction permit on DOB job 321384747
- Interior designer
- DXA StudioReported by nyrej.com
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- M1-2/R6A
- Special district
- Special Mixed Use District (MX-8) (MX-8)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 103 Grand Street Condominiumnext door · 3 units · 2023
- 96 North 1st Street Condominiumnext door · 5 units · 1 parking · 2024
- 129 Metropolitan Avenue Condominiumnext door · 12 units · 6 parking · 2008
- 66-68 North 1st Street Condominiumnext door · 21 units · 2007
- 51 South 1st Street Condominium0.1 mi · 8 units · 2025
- 79 South 2nd Street Condominium0.1 mi · 3 units · 2025
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