286 1st Street Condominium
286 1st Street, Brooklyn, NY 11215
Overview
286 1st Street is a 3-unit condo in Brooklyn.
- Offering plan: Accepted October 2024 · 346 pages · floor plans on page 26
- Finishes: Hardwood floors, quartz kitchen countertops, painted wood cabinets, Bosch appliances, a washer and dryer in each apartment, Phylrich bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,490 a square foot on average, as first offered; $6.97 million in all ($6.88 million when first offered)
- Common charges: $443–$1,025 a month, the sponsor's first-year estimate
- Sponsor: 286 1st St LLC, represented by Marcus Attorneys, Pllc; principals Claire Wright and Thomas Panitz
- Neighborhood: Park Slope, Brooklyn
- Subway: 5-minute walk to Union St (R); 10 minutes to 4 Av-9 St (F, G, R)
- Amendments: 1, the latest in March 2025
- Units
- 3 residential
- Neighborhood
- Park Slope, Brooklyn
- Subway
- 5 min walk to Union St R4 Av-9 St F G R, 10 min
- Principals
- Claire Wright, Thomas Panitz
- Average $/sf
- $1,490Homes in Schedule A, as first offered
- Common charges
- $443–$1,025 a monthSponsor's first-year estimate in Schedule A, From January 1, 2025 Through December 31, 2025
- Offering price
- $6.97 million total $6.88 million when first offered
- Floor plans
- Page 26 of the plan
- SubmittedMarch 2025
- AcceptedOctober 2024
- 1 amendment
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Apr 30, 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 286 1st Street's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 3 homes.
Each home's estimate, city bills and tax breaksSee it free →Compare
| Figure | This building1 | 668 Baltic23 units · 0.4 miaccepted 2024 | 295 12th32 units · 0.5 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.50Highest | $0.28 | $0.40 |
| Average Offering PricePer Apartment | $2.29MBelow peers | $2.84M | $2.35M |
| Average PricePer Square Foot | $1,490Below peers | $1,554 | $1,599 |
| Average Unit SizeSquare Feet | 1,541 SFIn line | 1,826 SF | 1,470 SF |
How We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Closing Costs
The plan lists what a buyer pays at closing.
All 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Mar 5, 2025
Amendment updates unit prices, revises architect's report on building systems and finishes, amends floor plans, sets first closing date to May 1, 2025, and documents temporary certificate of occupancy issued March 18, 2025.
- Unit 2 price raised from $1,735,000 to $1,775,000
- Unit 3 price raised from $2,650,000 to $2,700,000
- First unit closing projected for on or about May 1, 2025
- Temporary certificate of occupancy issued March 18, 2025
- Building renovations substantially completed in March 2025
- Entry door changed to pair of painted solid wood doors with glass lites and electronic release
- Laundry room floor finish revised to WDF
- Kitchen hood changed to model #EPR628S1 by Elica
Team
- Sponsor
- 286 1st St LLC
- Principals
- Claire Wright, Thomas Panitz
- Counsel
- Marcus Attorneys, Pllc
- Tax estimate
- Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
- Title agency
- Cornerstone Land Abstract, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 144
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
- 267-273 First Street Condominiumnext door · 9 units · 2006
- 44 Garfield Place Condominiumnext door · 4 units · 2024
- 34 Garfield Place Condominiumnext door · 4 units · 2025
- Park Slope Gardens Condominiumsnext door · 30 units · 2004
- 42 Garfield Place Condominiumnext door · 2 units · 2024
- Park Slope Estates Condominiumnext door · 36 units · 2001
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