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Condominium · 2007
125 North 10th Street
125 North 10th Street, Brooklyn, NY 11249
Buildings·Condominium

125 North 10th Street

125 North 10th Street, Brooklyn, NY 11249

Williamsburg, Brooklyn

BBL 3022977502 · BIN 3397613

At a glance
Year built
2007
Type
Condominium
Units
86
Floors
6
Landmark
No
Pets
Not documented in the material we can verify; confirm the current house rules with management
Board & building profile
Flip tax
None documented; a one-time non-refundable working capital contribution equal to two months of then-current common charges is due from every new owner on acquisition of title, including on resale
Subletting
Permitted under standard condominium rules; transfers subject to the board's right of first refusal
Pied-à-terre
Permitted (standard condominium)

Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2020). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.

125 North 10th Street belongs to the first real wave of Northside condominium construction — the buildings that went up on the interior blocks between Bedford Avenue and the water in the two or three years after the 2005 Greenpoint-Williamsburg rezoning, before the waterfront towers arrived and reset what a Williamsburg condominium was supposed to include. The 2005 action is remembered for what it did on Kent Avenue: high-density residential zoning on the former industrial waterfront, an esplanade requirement, and an inclusionary housing framework that produced most of the neighborhood's affordable stock. Inland its effect was quieter, taking blocks like North 10th between Berry and Bedford from mixed manufacturing-and-residential to the mid-rise density that produced buildings exactly like this one.

The result is a building sized to its street rather than its skyline: six stories, roughly 110,000 square feet, built as two connected structures operating as one, with 86 residences over a below-grade garage. The architecture — by Scarano Architects, a firm attached to an enormous share of Brooklyn's 2004–2008 residential output — is quiet, gridded and light-toned, with balconies and generous window openings rather than any historicist gesture toward the warehouses two blocks west.

The reason the building has held its position for nearly two decades has less to do with architecture than with what came with it. Fifty-one parking spaces, twenty-seven cabanas and eight storage lockers were built into a condominium of 86 apartments — a ratio inland Williamsburg has essentially never replicated, because the land economics after 2010 stopped supporting it. On the Northside, where street parking is a standing problem, deeded parking is a material and durable component of value.

The building's second defining fact is less flattering and equally important to state plainly: in 2012 the condominium sued its sponsor and other parties over the design, construction, sales and marketing of the building, seeking reimbursement for capital work to the common elements. The board engaged an engineer to survey the building's major components and prepare a construction-defect report, which was incorporated into the complaint. The matter was still open as a contingency in the audit for the year ended December 31, 2020, some identified items repaired and others held for the litigation's outcome. Sponsor litigation is common in the 2005–2010 Brooklyn condominium cohort, but it is a reason to look closely at the reserve position and the capital plan.

Architecture and unit composition

The condominium consists of 86 residential units across six stories, plus 51 parking spaces, 27 cabanas and 8 storage lockers, per the audited financial statements. The two connected structures read as one building from North 10th Street; the below-grade garage runs beneath, and the roof carries a planted terrace whose landscaping is a recurring line in the operating budget.

Unit inventory runs from studios through three-bedroom layouts, with ceiling heights and window walls that were the sales argument at launch and remain the building's interior identity. The most consequential distinction across the inventory is not bedroom count but appurtenance: whether a residence conveys with a parking space, a cabana, a storage locker, terrace access, or some combination. With 51 spaces and 27 cabanas against 86 apartments, two apartments with identical floor plans can be materially different assets.

Cabanas deserve particular attention. They are a Northside product of this era — roof-level private enclosures serving individual units — and their status varies. Establish whether the cabana appurtenant to a unit is separately transferred, licensed, or a limited common element, and how the condominium allocates roof-work responsibility for it.

Building operations

The condominium runs a full-service operating profile for a mid-rise. In the year ended December 31, 2020, payroll and related costs were roughly 56 percent of total expenses — the signature of attended-lobby staffing rather than a part-time superintendent arrangement — with maintenance, operations and utilities at roughly 27 percent. Total common charges ran a little over $1.1 million against total expenses of roughly $1.14 million, the gap closed by move-in fees, working capital contributions and other income. Two items in that record are the ones we would put in front of any buyer.

Reserves are structurally thin, by design. The governing documents do not require that funds be accumulated for future major repairs and replacements, and no reserve study has been conducted. The board has instead transferred discretionary amounts year to year — roughly $90,500 in 2019 and roughly $44,900 in 2020 — with reserve cash of roughly $79,700 at the end of 2020. When capital needs exceed that, the board's stated options are raising common charges, levying a special assessment, or deferring the work.

There is a building loan outstanding. In May 2020 the condominium arranged a $500,000 facility with a commercial bank to fund capital improvements and drew approximately $485,400 in May 2021. Principal and interest run from June 2021 to maturity in May 2030 at a fixed 3.75 percent, collateralized by future assessments. That debt sits behind the common charge and should be read alongside the reserve position.

A smaller item illustrates the block's continued development: in May 2019 the condominium licensed limited access to an adjacent building's owner for protective structures during construction next door, at $3,000 a month; they went up in June 2020 and came down in May 2021. Adjacent-site construction is a live feature of the Northside and worth checking at the moment of any transaction.

Recent sales

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 28, 2026S2D$1,675,000
Mar 3, 2026N2C$1,565,000
Mar 12, 2026S5G$1,197,500
Sep 12, 2025N2D$1,575,000
Mar 12, 2025NGC$1,300,000
Oct 28, 2024S4F$1,350,000
View all 15 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 3-02297-7502) 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.

What to know if you’re buying

Confirm exactly what conveys. Parking, cabana and storage are the value drivers here, and they do not attach to every apartment. Get the appurtenance package in writing before you negotiate price.

Budget the working capital contribution. Two months of common charges, one-time and non-refundable, due at closing on a resale — documented in the condominium's own financial statements and routinely omitted from buyer estimates.

Read the capital picture as one item. The $485,400 building loan amortizing to May 2030, reserve cash under $80,000 at the end of 2020, and governing documents that do not require reserve funding only make sense together. Ask for the current financials, the current budget, and the board's capital plan.

Ask where the sponsor litigation landed, and model taxes at the current bill. The 2012 action was still an open contingency in the 2020 audit, and its resolution changes how you read both the reserve position and the repair history. No tax abatement is documented.

What to know if you’re selling

Lead with the appurtenances. If your apartment carries a deeded parking space, that is the headline, not the finishes. Northside buyers with cars have a short list and this building is on it.

Have the documents assembled before you list. Current financial statements, current budget, the status of the building loan, and the current position of the sponsor litigation. Buyers' attorneys ask for all four; supplying them proactively converts a potential objection into a demonstration of a well-run building.

Price on the line and the package, not the building average. With 86 units and roughly half carrying parking, average figures mislead in both directions. Recent same-line closings with the same appurtenances are the anchor, and the working capital contribution is better disclosed early than discovered at contract stage.

Position against the interior blocks, not the waterfront. The service level, garage and roof terrace read strongly against the smaller Northside condominiums; marketing that claims parity with the towers on amenity depth invites an unfavorable comparison.

Comparable buildings

If you're considering 125 North 10th Street, also evaluate:

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