THE CONDO BOOK PROJECT

251 1st Street Condominium

275 4th Avenue, Brooklyn, NY 11215

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Overview

251 1st Street is a 44-unit condo in Brooklyn, with 44 storage units and 1 commercial unit.

  • Offering plan: Accepted March 2016
  • Prices: $89.5 million in all ($86 million when first offered)
  • Sponsor: 275 Fourth Owner LLC, represented by Marans Weisz & Newman LLC
  • Neighborhood: Park Slope, Brooklyn
  • Subway: 3-minute walk to Union St (R); 8 minutes to 4 Av-9 St (F, G, R)
  • Amendments: 21, the latest in February 2020
  1. SubmittedMarch 2016
  2. AcceptedMarch 2016
  3. 21 amendments
  4. First sale
  5. Latest sale

Sales

44 of 44homes sold (100%)
Every sale: 44 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 2026.

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 →

Team

Sponsor
275 Fourth Owner LLC
Construction lender
Bank OZKLender on the mortgage and building loan agreement recorded June 2014 in ACRIS; $27 million recorded
General contractor
Britt RealtyHeld the general construction permit on DOB job 320592596

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
C4-4D
Special district
Special Gowanus Mixed-Use District (G)

Today's zoning, from city data (PLUTO 26v2).

Nearby

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