100 North 3rd Street (100 N3 Lofts)

The five-story street wall is a two-tone composition. A deep blue field covers roughly half the façade on the second through fourth floors and wraps partly across the cream-colored side at the fourth. Windows are horizontal and multi-paned, in two sizes, set in an irregular pattern. Published reviews describe white-stained maple floors, Liebherr and Miele kitchen appliances, stainless-steel counters, some Corian islands, and Philippe Starck and Duravit bath fixtures.

There are six residences on the second through fourth floors, four on the fifth, and two on the ground floor. Sponsor prices in ACRIS split the building into two groups: 1B, 2A, 2D, 3D and 4A sold at a clear premium to most of the others, consistent with larger or duplex layouts. The schedule of floor areas is in the offering plan, which we have not located. Ask the seller for the plan's floor plan for the specific unit.

Parking is deeded, and scarce. Twelve parking units serve 24 residences, so at most half the apartments can convey with one. Each space has its own deed and tax bill.

A 24-residence building with ground-floor commercial space runs on a small budget and a split one. The two storefronts and the commercial unit pay common charges on their own share of the common interest. Ask for the current budget, how costs are split between the residential and commercial units, and whether the commercial owners have their own agreements for building systems or signage.

The building is now eighteen years old. Waterproofing on the roof deck and cabanas, the balconies, and the façade panels are the likely capital items. Ask for the latest financial statements, the reserve balance and any assessment history. We have no financial statements on file for this building.

Department of Finance records show a 15-year 421-a exemption on the residences (code 5113, "421A 15 YR NO CAP"). 421-a is the state program that exempted the added value of new construction from property tax for a fixed term. Here it began in 2009/10. It was at 40 percent in 2022/23 and 20 percent in 2023/24, and it has been zero since 2024/25. The exemption has no remaining phase-out; future bills still change with assessments, rates and other benefits.

That changes the comparison with newer Northside condominiums. A building still inside its 421-a term shows a lower tax bill today that will rise. Here there is no remaining phase-out, though the bill still changes with assessments, tax rates and any other benefits. Compare carrying costs on a fully taxed basis before comparing prices.

Recent sales

Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. Most recent trades (2026 to date) cleared a median $1,694/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last ask.

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02358-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

Get the floor plan and the certificate of occupancy. A mezzanine is part of the product here. Make sure the space you are paying for is legal living area and is measured the way the listing says.

Price parking separately. A deeded space is a separate unit with its own tax bill and resale market.

The 421-a phase-out is complete. Use the current bill as the starting point; future bills still change with assessments and rates.

Ask about 4E and the commercial units. Know who owns the one residence with no recorded sponsor deed and who owns the ground-floor commercial space, because both affect the board and the budget.

Ask for the 2018 and 2022 amendments. They may change leasing, pets or other rules. We have not reviewed them.

Lead with the volume. Double-height rooms and mezzanines are what separate these apartments from standard new construction. Photograph and floor-plan them properly.

Sell the parking with the apartment if you have it. Only half the residences can have a space.

Use the tax bill as a selling point. Your taxes are fully phased in. Buyers comparing abated buildings are looking at bills that will rise.

If you're considering 100 North 3rd Street, also evaluate:

• The Mill Building (85 North 3rd Street) — directly across the street; a converted 1910 loft building, the loft-conversion alternative
• 110 North 1st Street — a 38-residence condominium just south across Metropolitan Avenue, also between Wythe and Berry
• NV (101 North 5th Street) — a 40-residence condominium two blocks north whose 421-a ended in 2025
• The Rialto (150 North 5th Street) — a 31-residence loft conversion whose 421-a has expired
• Berry Street Lofts (55 Berry Street) — a Northside loft conversion
• 144 North 8th Street — a fully taxed Northside condominium of the next development cycle
• 80 Metropolitan Avenue — a larger 2008 condominium nearby with townhouses, cabanas and an indoor pool