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Condominium · 1991
111 Vanderbilt Avenue (Vanderbilt-Wallabout Condominium)
111 Vanderbilt Avenue, Brooklyn, NY 11205
Buildings·Condominium

111 Vanderbilt Avenue (Vanderbilt-Wallabout Condominium)

111 Vanderbilt Avenue, Brooklyn, NY 11205

BBL 3018877502 · BIN 3320065

At a glance
Year built
1991
Type
Condominium
Units
24
Landmark
No
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 111 Vanderbilt Avenue (Vanderbilt-Wallabout Condominium) 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.

This page covers the whole condominium, not one house. 111 Vanderbilt Avenue is one of twelve four-story houses built as one project around 1991 on the east side of Vanderbilt Avenue. Each house holds two homes, and all twenty-four are units in one condominium, with one board and one set of common charges. A buyer at 111 Vanderbilt is buying into all twelve houses.

The public record shows how the project was built. The deeds to the first buyers, recorded between March 1992 and June 1994, run from the NYC Partnership Housing Development Fund Company together with Vanderbilt-Wallabout Development Corp. The Partnership was a not-for-profit vehicle the City used to build owner-occupied homes, and HPD recorded a subordinate mortgage against almost every first sale. That is the same model the City used a few years earlier at 335 Grand Avenue and Fort Greene Partnership Homes.

Three decades on, the homes trade at market prices, unit by unit, with recorded deeds. The recorded resale prices since the early 2000s show no sign of a surviving price cap. What can survive is the City's subordinate mortgage on an individual home. About nine of the twenty-three carry a recorded satisfaction. The City has also recorded subordination agreements on several homes as late as 2016, when owners refinanced, which shows those liens were still in place then.

The site is the other point. When the Landmarks Preservation Commission designated the Wallabout Historic District in 2011, it drew the boundary around this condominium. The wood-frame and brick houses on either side are landmarked. These twelve houses are not.

Architecture and unit composition

The twelve houses are four stories each, with two homes per house and no elevator. The Department of Finance carries every home at about 1,044 to 1,068 square feet, so the homes are close to identical in size, and listing records describe them as duplexes. Floor, exposure and renovation condition are the main differences between one home and the next. Bedroom counts and layouts should be confirmed against the offering plan or the floor plans filed with the declaration.

Because this is 1991 construction built to a moderate-cost program, there is no original detail to preserve and none to restore. The houses sit in a row whose neighbors are mostly mid-nineteenth-century, which explains why the district boundary jumps over them.

PLUTO records a lot area of about 2,000 square feet against more than 25,000 square feet of building area. That combination is not physically plausible for twelve houses, and the lot area figure should be treated as a data error.

Building operations

The condominium is governed by its board of managers. The declaration was amended by the board in December 2006, per ACRIS. The condominium's budget, reserve position, financial statements and any capital work were not available for this review. Ask for several years of statements and the current budget, and ask directly about the roofs and exterior walls across all twelve houses, since common charges are shared condominium-wide.

At four stories, the houses are below the Local Law 11 threshold and are not on the city's five-year façade inspection cycle.

Recent sales

The Vanderbilt-Wallabout Condominium trades as a condominium, in dollars per square foot, and it sits in a specific slot in the Clinton Hill and Fort Greene market: fee ownership at walk-up scale, with homes of about 1,050 square feet, on a block of landmarked row houses. Recorded resale prices have moved far above the original program levels. Inside the condominium the spread comes from renovation condition first, then from which of the two homes in the house a unit is. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The retrade record

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

111A+124%
$535,000 2008 → $865,000 2016 → $988,000 2019 → $1,200,000 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 22, 2025111A$1,200,000
Oct 23, 2020111B$880,000
Feb 21, 2019111A$988,000
Jun 3, 2016111A$865,000
Jun 13, 2008111A$535,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01887-7502) 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.

Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

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What to know if you’re buying

Order the title search early. HPD recorded a subordinate mortgage on 23 of the 24 homes at first sale. Whether it has been satisfied or released on your home is the most important unknown in the file, and it is a public-record question your attorney can answer before contract.

Model today's tax bill. No construction-era exemption is on the rolls. The bill you are quoted should be the full bill, less any personal exemption you qualify for yourself.

Get the rules in writing. Pets, leasing, transfer fees and any right of first refusal are not documented in the materials reviewed. Ask the managing agent for the current by-laws and house rules.

Exterior work is simpler than next door. The houses are outside the historic district, so windows and façade changes go through the Department of Buildings without Landmarks review. The board's approval still applies.

What to know if you’re selling

Clear the City lien question before you list. A seller who can show the HPD mortgage satisfied removes the main source of buyer hesitation. If it has not been satisfied, find out the amount early, because it will come out of the sale proceeds.

Price against condominium comparables. The right comparison set is small Clinton Hill and Fort Greene condominiums, adjusted for walk-up access and square footage. Brownstone co-ops on the same street are a different product.

Comparable buildings

If you're considering 111 Vanderbilt Avenue, also evaluate:

More Clinton Hill buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Clinton Hill.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at 111 Vanderbilt Avenue (Vanderbilt-Wallabout Condominium)?

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