96 North 1st Street Condominium
96 North 1st Street, Brooklyn, NY 11249
Overview
96 North 1st Street is a new 5-unit condo in Brooklyn, with 1 parking unit and 4 storage units.
- Offering plan: Accepted July 2024 · 250 pages · floor plans on page 24
- Finishes: 8-foot ceilings, engineered wood floors, quartz kitchen countertops, Cano's Wood Interior cabinets, Sub-Zero and Bosch appliances, a washer and dryer in each apartment, Grohe bathroom fittings and split-system units for heating and cooling
- Prices: $1,974 a square foot on average, as first offered; $16.5 million in all ($15.9 million when first offered)
- Common charges: $572–$1,365 a month, the sponsor's first-year estimate
- Sponsor: 96 North 1st Street, LLC, represented by Moss & Kalish, Pllc; principals Nathalie Parizat
- Neighborhood: Williamsburg, Brooklyn
- Subway: 8-minute walk to Bedford Av (L); 15 minutes to Marcy Av (J, M, Z)
- Amendments: 3, the latest in October 2025
- Units
- 5 residential · 1 parking · 4 storage
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 8 min walk to Bedford Av LMarcy Av J M Z, 15 min
- Principals
- Nathalie Parizat
- Average $/sf
- $1,974Homes in Schedule A, as first offered
- Common charges
- $572–$1,365 a monthSponsor's first-year estimate in Schedule A, 1/1/2024-6/30/2024
- Offering price
- $16.5 million total $15.9 million when first offered
- Floor plans
- Page 24 of the plan
- SubmittedFebruary 2025
- AcceptedJuly 2024
- 3 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)
Ask Claude or ChatGPT: How do 96 North 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 | 183 Java25 units · 1.2 miaccepted 2024 | 323 South 5th34 units · 0.6 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.53In line | $0.41 | $0.60 |
| Average Offering PricePer Apartment | $3.18MHighest | $1.86M | $2.01M |
| Average PricePer Square Foot | $1,974Above peers | $1,926 | $1,973 |
| Average Unit SizeSquare Feet | 1,613 SFLargest | 964 SF | 1,020 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 buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 4 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 3 Oct 15, 2025
Budget for February 1, 2026 through January 31, 2027 submitted with no change from prior year; sponsor disclosure of unsold units, financial obligations, and tax law changes.
- Budget for Feb 1, 2026–Jan 31, 2027 unchanged from prior year at $26,760.00 annual
- Sponsor holds 10 unsold units: 4 storage units, 1 garage, and units 1, 2, 3, 5, 6
- Unit 4 closed on March 20, 2025
- Sponsor's aggregate monthly common charges $3,877.00; real estate taxes $3,854.08
- No mortgages on unsold units; no financial obligations due within 12 months beyond common charges
- One Big Beautiful Bill (OBBB) raises SALT deduction to $40,000 through 2029; purchasers advised to consult tax expert
Amendment 2 Mar 6, 2025
First unit closed on March 20, 2025; permanent certificate of occupancy issued January 27, 2025; declaration recorded February 25, 2025; working capital fund established at $1,206.00.
- Unit 4 closed on March 20, 2025
- Permanent certificate of occupancy issued January 27, 2025
- Declaration recorded February 25, 2025
- Working capital fund totals $1,206.00 deposited at Citibank
- No reserve fund
- Plan declared effective by notice dated February 13, 2025
- Sponsor holds 10 unsold units (4 storage, 1 garage, 5 apartments)
- Sponsor controls board; voting control for earlier of 2 years from first residential closing or 3 residential unit closings
Amendment 1 Feb 5, 2025
Amendment submits updated budget for February 1, 2025 through January 31, 2026 and confirms sponsor's financial compliance.
- Projected budget for February 1, 2025 — January 31, 2026 submitted as Exhibit A
- Sponsor's aggregate monthly common charges: $4,480.00
- Sponsor's aggregate monthly real estate taxes: $15,936.00
- No sponsor-owned units occupied by tenants
- No unsold units subject to mortgages or financing arrangements
- Certificate of Occupancy issued January 27, 2025 for 5 dwelling units
Team
- Sponsor
- 96 North 1st Street, LLC
- Principals
- Nathalie Parizat
- Counsel
- Moss & Kalish, Pllc
- Tax estimate
- Mazursky Group, Inc.Prepared the first-year real estate tax projection
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- M1-2/R6A, R6AThe lot is split between two districts, the largest share first
- Commercial overlay
- C2-4
- 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
- 110 North 1st Street Condominiumnext door · 38 units · 19 parking · 2023
- 129 Metropolitan Avenue Condominiumnext door · 12 units · 6 parking · 2008
- 66-68 North 1st Street Condominiumnext door · 21 units · 2007
- 80 Metropolitan Condominiumnext door · 123 units · 53 parking · 2007
- 51 South 1st Street Condominium0.1 mi · 8 units · 2025
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