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Condominium · 2019
One Clinton
1 Clinton Street, Brooklyn, NY 11201
Buildings·Condominium

One Clinton (1 Clinton Street)

1 Clinton Street, Brooklyn, NY 11201

Brooklyn Heights, Brooklyn

BBL 3002397501 · BIN 3421378

At a glance
Year built
2019
Type
Condominium
Units
134
Floors
36
Landmark
No
Board & building profile
Flip tax
1% of gross sale price, paid by seller to condominium capital reserve fund; sponsor/unsold-unit holders exempt; board may modify
Subletting
Permitted; board right of first refusal only on sales and leases; no owner-occupancy requirement, no investor limit
Pied-à-terre
Permitted (no owner-occupancy requirement in by-laws)

Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2018-12). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.

One Clinton is the building that settled one of the most contested civic real estate questions in modern Brooklyn Heights. The Brooklyn Public Library's 1962 Brooklyn Heights branch at 280 Cadman Plaza West had aged into a facility needing roughly $9 million in capital repairs the library system said it could not fund. In September 2014, Hudson Companies' development entity, Cadman Associates LLC, purchased the site for $52 million under a deed that obligated the developer to build a brand-new library within the replacement building and hand it back. The deal drew years of organized opposition from library advocacy groups before demolition was approved in March 2017; the tower topped out in April 2019, and the new Brooklyn Heights branch opened at the building's base in the first week of June 2022.

The structure of the transaction is unusual and worth understanding precisely, because it shapes the condominium's legal architecture to this day. The property was converted to a two-unit master condominium — the Cadman Master Condominium — consisting of a Library Unit and the One Clinton Unit. The approximately 26,620-square-foot Library Unit, spanning portions of the cellar, first, and second floors, was conveyed to the City for no consideration and is exempt from all common charges and assessments permanently, whether or not it remains a library. The One Clinton Condominium that owners actually buy into is a sub-condominium of the One Clinton Unit, and its owners fund condenser water service to the library under the master declaration. The public-benefit package extended beyond the branch itself: the sponsor purchased inclusionary air rights generated by 114 permanently affordable apartments built off-site in Clinton Hill (completed August 2019, affordable at 60%–125% of AMI and rent-stabilized for as long as the condominium stands), and the building contains a roughly 9,000-square-foot STEM Lab serving School District 13 students, plus two small retail units.

Architecturally, Marvel Architects treated the commission as a hinge between two scales of Brooklyn. The site is triangular, and the 409-foot tower's three facades address three different geographies — the harbor, the Manhattan skyline, and the brownstone district to the south. The cladding is a tightly gridded, minimalist composition of limestone and bronze, deliberately quieter than the glass-curtain-wall vocabulary of the Downtown Brooklyn towers a few blocks east, and the Clinton Street elevation steps down to a four-story-scaled volume calibrated to the row-house streetscape behind it. Six bas-reliefs salvaged from the 1962 library were preserved and incorporated into the new building — a small but telling gesture toward the site's civic history.

For buyers, the result is a genuine rarity: full-service, high-floor tower living inside Brooklyn Heights, a neighborhood whose historic-district fabric structurally precludes new construction at this scale almost everywhere else. Harbor and skyline view apartments in the Heights are otherwise confined to a handful of postwar buildings and the Brooklyn Bridge Park waterfront developments. One Clinton's 134 units, its 26th-floor sky lounge, and its position facing the open green of Cadman Plaza give it a view permanence and an amenity depth with few direct peers between the Promenade and Downtown Brooklyn.

Architecture and unit composition

The 134 residential units occupy marketed floors 3 through 38, above the library, STEM Lab, and retail base. The offering plan's initial Schedule A ran from one-bedroom units of roughly 930 square feet to three-bedroom lines of approximately 2,250–2,360 square feet, with initial offering prices spanning roughly $1.1 million for the smaller one-bedrooms to $4.25 million at the top of the three-bedroom tier; the aggregate residential offering was $468.7 million. Typical floors carry an A-through-E line structure on the tower levels — the A and B lines are the larger three-bedroom corners, and the one-bedroom lines sit mid-floor. The lower floors (3 and 4) include a deeper mix of two-bedroom-with-den style layouts reflecting the wider base of the triangular plan.

The triangular footprint does real work in the apartments, producing angled exposures — units facing northwest take the harbor and Lower Manhattan, the east face reads across Cadman Plaza toward Downtown Brooklyn, and south-facing units look down the brownstone grid of the Heights. Window openings are restrained by the limestone grid: punched and well-proportioned, closer in spirit to prewar fenestration than to curtain-wall construction. Sponsor amendments raised prices on the B-line one-bedroom stack twice within the offering's first two months — an indicator of where early demand concentrated.

Building operations

One Clinton operates as a full-service condominium: a uniformed 24-hour lobby attendant/concierge, a live-in resident manager (Unit 4N, owned by the sponsor and leased to the condominium for that purpose), and an amenity program spread across the third through fifth floors and the 26th floor. The recreation floors carry the fitness center, yoga room, sauna and hot tub, children's playroom, multi-media room, and a multi-use lounge of roughly 700 square feet with a kitchenette; the third-floor roof terrace of approximately 3,500 square feet is fitted with barbecues and seating; and the double-height sky lounge on 26 — approximately 1,125 square feet with its own terrace — is the building's signature space. Parking operates below grade under a license structure (50 spaces, 4 of them handicap-designated), with 100 storage bins and two bicycle rooms in the sub-cellars.

The master-condominium relationship with the library is a background fact of ownership: the Library Unit pays no common charges, meters its own utilities, and receives no services from condominium staff, while the residential condominium provides condenser water at its own expense. The master board has three members, two designated by One Clinton — so the residential condominium controls the master condominium except on issues materially affecting the Library Unit.

Recent sales

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

6E+17%
$2,550,000 2023$2,975,000 2025

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
May 11, 202611C$2,800,000
Apr 23, 202622C$3,550,000
Mar 12, 202619A$3,620,000
Dec 29, 202516B$1,590,000
Jul 30, 202515B$1,575,000
Aug 1, 20256E$2,975,000
View all 36 recorded sales, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00239-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

What to know if you’re buying

Understand the master-condominium structure. You are buying into a sub-condominium that sits alongside a City-owned Library Unit exempt from all common charges. The arrangement is stable and was engineered into the deed from the start, but your attorney should walk the master declaration during contract review.

The 1 percent flip tax applies on exit. Unusual for a new-construction condominium, and it feeds the reserve fund. Model it into your hold-period math alongside the mansion tax at your price point.

Line and floor selection drive the premium. The building's three exposures behave differently — harbor-facing units carry the trophy views, Cadman-facing units trade on light and openness over the plaza, south-facing units read the brownstone rooftops. View the specific unit at multiple times of day.

The condo framework is permissive. Right of first refusal only, no owner-occupancy requirement, pied-à-terre and investor purchases permitted — a materially broader buyer pool than the surrounding co-op stock, and 30–45 day closing timelines.

The location trades Promenade proximity for civic-corridor convenience. The building faces Cadman Plaza with the Clark Street 2/3, Borough Hall 2/3/4/5/R, and High Street A/C stations all within a few blocks — among the best transit positions in the Heights — while the Promenade and the fruit streets sit a longer walk west.

What to know if you’re selling

Tell the library story accurately. The building's provenance — the $52 million site purchase, the new 26,620-square-foot branch conveyed back to the City, the 114 permanently affordable Clinton Hill apartments, the STEM Lab — is a documented public-benefit package, and sophisticated buyers respond to it when it is presented precisely rather than as marketing gloss.

Price from same-line comparables. The triangular plan makes cross-line comparisons unreliable; recent trades in your line and altitude band should anchor the ask.

Market the amenity floors and the sky lounge. The 26th-floor double-height lounge and the third-floor terrace are the building's most photogenic differentiators against both waterfront condos and prewar co-op alternatives.

Disclose the transfer fee early. The 1 percent flip tax is uncommon in condos; surfacing it at the listing stage avoids friction at contract.

Closings are condominium-fast. Right-of-first-refusal mechanism; 30–45 day pacing is typical.

Comparable buildings

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
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