128 South 1st Street Condominium
128 South 1st Street, Brooklyn, NY 11249
Overview
- Units
- 4 residential
- Subway
- 7 min walk to Bedford Av LMarcy Av J M Z, 11 min
- Principals
- Alex Maroni, Bren Salamon
- Average $/sf
- $1,559Homes in Schedule A, as first offered
- Common charges
- $388–$996 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 - June 30, 2027
- Offering price
- $6.1 million total
- Floor plans
- Page 35 of the plan
The sponsor of record is 128 S 1st LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 355 pages. The sponsor has filed 1 amendment, the latest in April 2026. The nearest other condo plan on file is 122 South 1st Condominium, next door.
Plan CD250339 · Rehab · accepted Apr 13, 2026 · AG record ↗
Compare
| Figure | This building1 | 212 Huron24 units · 1.4 miaccepted 2026 | Hailey36 units · 1 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.64Below peers | $0.75 | $1.41 |
| Average Offering PricePer Apartment | $1.52MIn line | $1.94M | $1.07M |
| Average PricePer Square Foot | $1,559Below peers | $1,572 | $1,574 |
| Property TaxesPer Square Foot / Month | $0.16Lowest | $0.29 | $0.92 |
| Average Unit SizeSquare Feet | 978 SFIn line | 1,232 SF | 678 SF |
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Unit mix, closings, budgets, finishes and the team, against 212 Huron and Hailey, cited to the offering plans. No credit card required.
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- 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 closed50% of the homes in Schedule A | 2 of 4 |
| Closing prices vs. Schedule A2 homes: $3,342,356 at closing against $3,400,000 in Schedule A (p. 34) | −1.7% |
| Average closing price2 homes, on their Schedule A square feet | $1,547 / SF |
| Closingsfirst and latest recorded | Aug 19, 2026 – Aug 24, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 2 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Aug 19, 2026 | $2,472,356 | $2,500,000 p. 34 | −1.1% |
| 3A | Aug 24, 2026 | $870,000 | $900,000 p. 34 | −3.3% |
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
- 128 S 1st LLC
- Principals
- Alex Maroni, Bren Salamon
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- JPMorgan Chase Bank
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 122 South 1st Condominiumnext door · 4 units · 2009
- 133 South 1st Street Condominiumnext door · 6 units · 2014
- 125 South 1st Street Condominiumnext door · 4 units · 2014
- 123 South 1st Street Condominiumnext door · 4 units · 2014
- 113 South 2nd Street Condominiumnext door · 8 units · 2005
- Bedford Court Condominiumnext door · 32 units · 22 parking · 2003