110 North 1st Street Condominium
110 North 1st Street, Brooklyn, NY 11249
Overview
- 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
The sponsor of record is 110 N1 Owner, LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 392 pages. The sponsor has filed 4 amendments, the latest in November 2024. The nearest other condo plan on file is 103 Grand Street Condominium, next door.
Plan CD220157 · New · accepted Feb 16, 2023 · AG record ↗
Compare
| Figure | This building1 | The North244 units · 0.6 miaccepted 2022 | The Lumin324 units · 1.1 miaccepted 2023 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.91In line | $0.82 | $0.93 |
| Average Offering PricePer Apartment | $1.89MHighest | $1.12M | $1.01M |
| Average PricePer Square Foot | $1,640Above peers | $1,478 | $1,275 |
| Property TaxesPer Square Foot / Month | $1.55Above peers | $0.51 | $1.50 |
| Average Unit SizeSquare Feet | 1,153 SFLargest | 755 SF | 793 SF |
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Unit mix, closings, budgets, finishes and the team, against The North and The Lumin, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed82% of the homes in Schedule A | 31 of 38 |
| Closing prices vs. Schedule A28 homes: $48,041,136 at closing against $45,136,000 in Schedule A (p. 57, p. 58) | +6.4% |
| Average closing price28 homes, on their Schedule A square feet | $1,720 / SF |
| Closingsfirst and latest recorded | Apr 17, 2024 – Mar 25, 2025 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.
All 31 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| PH1G | Apr 17, 2024 | $2,270,531 | $1,910,000 p. 58 | +18.9% |
| 3A | Apr 18, 2024 | $1,815,129 | $1,750,000 p. 57 | +3.7% |
| 4B | Apr 19, 2024 | $1,781,938 | $1,725,000 p. 57 | +3.3% |
| 2C | Apr 22, 2024 | $814,600 | $750,000 p. 57 | +8.6% |
| 4D | Apr 25, 2024 | $1,262,547 | $1,045,000 p. 57 | +20.8% |
| PH1E | Apr 25, 2024 | $1,978,168 | $1,758,000 p. 58 | +12.5% |
| PH1F | Apr 25, 2024 | $3,192,844 | $2,790,000 p. 58 | +14.4% |
| 3G | Apr 29, 2024 | $1,807,394 | $1,650,000 p. 57 | +9.5% |
| 5G | Apr 29, 2024 | $1,888,854 | $1,750,000 p. 58 | +7.9% |
| PH1D | Apr 29, 2024 | $1,120,075 | $1,145,000 p. 58 | −2.2% |
| 2A | May 3, 2024 | $1,771,755 | $1,720,000 p. 57 | +3% |
| PH1A | May 7, 2024 | $2,189,238 | $2,015,000 p. 58 | +8.6% |
| 5D | May 10, 2024 | $1,018,250 | $1,095,000 p. 57 | −7% |
| GDN-C | May 13, 2024 | $2,800,188 | — | — |
| 3D | May 15, 2024 | $999,034 | $995,000 p. 57 | +0.4% |
| 4F | May 23, 2024 | $2,958,016 | $2,500,000 p. 57 | +18.3% |
| GDN-B | May 31, 2024 | $2,170,988 | — | — |
| PH1B | Jun 7, 2024 | $2,036,500 | $1,898,000 p. 58 | +7.3% |
| 3C | Jun 12, 2024 | $978,738 | $925,000 p. 57 | +5.8% |
| 4C | Jun 12, 2024 | $994,191 | $950,000 p. 57 | +4.7% |
| PH1C | Jun 26, 2024 | $1,125,000 | $1,000,000 p. 58 | +12.5% |
| 2D | Jun 28, 2024 | $1,513,688 | $1,495,000 p. 57 | +1.2% |
| 5C | Jul 2, 2024 | $999,514 | $975,000 p. 57 | +2.5% |
| 3B | Aug 8, 2024 | $1,800,000 | $1,675,000 p. 57 | +7.5% |
| 2B | Aug 28, 2024 | $1,590,633 | $1,700,000 p. 57 | −6.4% |
| 3F | Aug 28, 2024 | $2,569,485 | $2,450,000 p. 57 | +4.9% |
| 5B | Aug 28, 2024 | $1,664,047 | $1,775,000 p. 57 | −6.3% |
| 5E | Sep 10, 2024 | $1,765,969 | $1,650,000 p. 57 | +7% |
| GDN-A | Nov 18, 2024 | $2,250,000 | — | — |
| 3E | Feb 4, 2025 | $1,700,000 | $1,550,000 p. 57 | +9.7% |
| PHA | Mar 25, 2025 | $2,435,000 | $2,495,000 p. 58 | −2.4% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
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
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 103 Grand Street Condominiumnext door · 3 units · 2023
- 96 North 1st Street Condominiumnext door · 5 units · 1 parking · 2024
- Metropol Condominiumnext door · 11 units · 2008
- 129 Metropolitan Avenue Condominiumnext door · 12 units · 6 parking · 2008
- 265 Wythe Avenue Condominiumnext door · 4 units · 2015
- 100 North Third Street Condominiumnext door · 24 units · 12 parking · 2007