1 Pierrepont Street
1 Pierrepont Street, Brooklyn, NY 11201
Brooklyn Heights, Brooklyn
BBL 3002340008 · BIN 3001734
- Year built
- 1924
- Type
- Cooperative
- Units
- 24
- Floors
- 13
- Landmark
- Designated
- Flip tax
- The corporation's audited financial statements record apartment transfer fees as a recurring revenue line (roughly $35,000-$46,500 in the documented years); the current rate and structure are not documented and the page directs confirmation at offer stage
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated Audited statements spanning 2002 through 2010, per the page). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
1 Pierrepont Street holds one of the best residential positions in Brooklyn Heights: the western terminus of Pierrepont Street, where the street meets Columbia Heights and Pierrepont Place, a few steps from the Promenade entrance and Pierrepont Playground. The blocks around it were the Heights' mansion district — the Alexander M. White and A.A. Low houses at 2 and 3 Pierrepont Place still stand across the way — and when Caughey & Evans's thirteen-story apartment house rose in 1924, it brought apartment living to that corner at a scale the district would not permit again. After the November 23, 1965 designation froze the streetscape, tall buildings at the harbor edge became a fixed and finite resource; 1 Pierrepont is one of the few, and its upper floors sit high above the surrounding rowhouse fabric.
The building's ownership history is its second distinction. One Pierrepont Street Corporation began operations in 1925, per the corporation's audited financial statements — this is an original-era cooperative, organized when the building was new, rather than a rental converted in the 1980s wave that produced most Heights co-op stock. The practical differences show up in the paper: there is no conversion offering plan or sponsor history to underwrite, the share structure is the simple 1920s form (5,500 shares at $100 par), and the shareholder culture descends from a century of self-governance. The Roebling Research Library holds the corporation's bylaws, proprietary lease, and roughly a decade of audited financial statements.
The architecture carries the same period signature. LPC's district records date the building to 1924, name Caughey & Evans as architects, and record the style as Gothic — an uncommon designation in the Heights, where the district's apartment houses mostly run Renaissance Revival or restrained interwar brick. A. Rollin Caughey went on to become the neighborhood's apartment-house specialist, designing 160 Columbia Heights (1937) and The Breukelen at 57 Montague Street (1949); 1 Pierrepont is the earliest chapter of that local record, built in partnership with William F. Evans, Jr.
For buyers, the offer is straightforward: a small shareholder roster — the financial statements describe 24 apartments across thirteen floors, roughly two per floor — at the district's harbor corner, in a building type (tall, prewar, original co-op, west of Hicks) that cannot be reproduced.
Architecture and unit composition
The building presents thirteen stories of prewar masonry with Gothic detailing, per LPC's district records — a vertical accent among the mansards and brownstone cornices of Pierrepont Place. With the corporation's records describing 24 apartments over thirteen residential floors, the arithmetic implies large, half-floor-scale homes rather than the four-to-a-floor lines typical of the Heights' interwar mid-rises; unit-by-unit layouts vary with a century of alterations and combinations, and the stock ledger governs. Upper floors clear the low-rise fabric to the west, where the district's height limit protects outlooks toward the harbor; light, exposure, and renovation condition drive value apartment by apartment. As with any building of this vintage, buyers should expect prewar systems — original risers, elevator modernization cycles, and recurring LL11 façade work, which appears as a line item in the corporation's documented financial history.
Building operations
One Pierrepont Street Corporation operates the building with union staff — its employees participate in a multiemployer pension and health fund, per the audited financial statements, a marker of a conventionally staffed prewar co-op. The documented financial record in The Roebling Research Library (audited statements spanning 2002 through 2010) shows a conservatively run corporation: a modest underlying mortgage at 5 percent that amortized toward a 2018 maturity, an unused $500,000 revolving line of credit, and apartment transfer fees contributing meaningfully to revenue in the documented years. No current managing agent is publicly documented; management, staffing, the corporation's current underlying mortgage, and the capital plan should be confirmed during diligence.
Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Apr 17, 2026 | 2B | $4,400,000 |
| Mar 16, 2023 | 12B | $9,000,000 |
| Sep 27, 2022 | 6B | $4,100,000 |
| Sep 10, 2020 | 2A | $4,800,000 |
| Aug 30, 2016 | 9A | $7,400,000 |
| Dec 31, 2015 | 8A | $6,500,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00234-0008) 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
This is an original co-op, and the paper is different. There is no conversion plan or sponsor file; diligence runs on the bylaws, proprietary lease, financials, and board minutes. We hold the core documents and use them as the starting point.
Reconcile the unit count. City records say 26 units; the corporation's audited statements describe 24. Combinations are the likely explanation, and the stock ledger is the authority.
Budget for a documented transfer fee. The corporation's financials record apartment transfer fees as recurring revenue; confirm the current rate and who pays it before you model net proceeds or purchase costs.
Expect board-set policies with no public record. Sublet, pet, financing, and pied-à-terre rules are undocumented publicly; we confirm them directly at offer stage as standard practice.
A century-old building carries century-old systems. Ask for the capital history, the current underlying mortgage terms, and any planned assessments — the documented record shows recurring façade work, as expected for the vintage.
What to know if you’re selling
Lead with the position. Promenade-corner location, thirteen-story height, and harbor-side light are the search terms that surface this building; they anchor the premium over the neighborhood's interwar mid-rises.
Market the original-cooperative pedigree. A 1925 corporation with a century of continuous self-governance is a stability story sophisticated buyers respond to — support it with the financials.
Price against the large-apartment comp set. The right comparables are the Heights' grand prewar co-ops and Promenade-block buildings, and townhouse alternatives at the margin — several years of thin trading history at the building itself makes current comps essential.
Have the numbers ready. Buyers' attorneys will ask about the transfer fee, the underlying mortgage, and the capital plan; a clean package keeps deals on schedule.
Comparable buildings
If you're considering 1 Pierrepont Street, also evaluate:
- 35 Pierrepont Street — prewar co-op peer two blocks east on the same street
- 160 Columbia Heights — Caughey's 1937 Art Moderne co-op on the bluff; the closest architectural kin
- 129 Columbia Heights — harbor-side prewar co-op neighbor
- 2 Montague Terrace — boutique Promenade-block co-op two blocks south
- 10 Montague Terrace — small Promenade-block prewar co-op
- 57 Montague Street (The Breukelen) — Caughey's full-service co-op at the Promenade end of Montague
- 65 Montague Street — interwar elevator co-op around the corner; the value alternative
- 145 Hicks Street — larger north-Heights prewar co-op
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at 1 Pierrepont Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 1 Pierrepont Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.