126 First Place Condominium
126 First Place, Brooklyn, NY 11231
Overview
126 First Place is a 5-unit condo in Brooklyn.
- Offering plan: Accepted April 2009 · 256 pages · floor plans on pages 159–163
- Finishes: 8'10" ceilings, wood floors, granite kitchen countertops, Kraftmaid cabinets and GE and General Electric appliances
- Prices: $5.83 million in all
- Common charges: $366–$550 a month, the sponsor's first-year estimate
- Sponsor: 126 First Place LLC, represented by Kunstlinger & Wohlgemuth; principals Steven Reich
- Subway: 2-minute walk to Carroll St (F, G); 9 minutes to Smith-9 Sts (F, G)
- Units
- 5 residential
- Subway
- 2 min walk to Carroll St F GSmith-9 Sts F G, 9 min
- Principals
- Steven Reich
- Common charges
- $366–$550 a monthSponsor's first-year estimate in Schedule A, July 1, 2009
- Offering price
- $5.83 million total
- Floor plans
- Pages 159–163 of the plan
- SubmittedFebruary 2009
- AcceptedApril 2009
- First sale
- Latest sale
Units & Prices
Sales
5 of 5homes sold (100%)
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)
Ask Claude or ChatGPT: How do 126 First Place's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
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 12 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- 126 First Place LLC
- Principals
- Steven Reich
- Counsel
- Kunstlinger & Wohlgemuth
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Ponce Bank$1.7 million recorded
- Title agency
- Sky Abstract LLCThe sponsor's title company for buyers; you can choose another · Named on p. 96
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 110 First Place Condominiumnext door · 4 units · 2023
- 116 2nd Place Condominiumnext door · 4 units · 2018
- 99 2nd Place Condominiumnext door · 4 units · 2026
- 78 1st Place Condominium0.1 mi · 6 units · 2025
- 76 1st Place Condominium0.1 mi · 5 units · 2024
- 122 3rd Place Condominium0.1 mi · 2 units · 2026
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 126 First Place
The fastest way to know any condo or co-op
Get Connected →