135 North 11th Street
135 North 11th Street, Brooklyn, NY 11249
BBL 3022907502 · BIN 3396506
- Year built
- 2011
- Type
- Condominium
- Units
- 57
- Floors
- 6
- Landmark
- No
- Amenities
- Shared courtyard between the buildings; common roof; eleven private cabanas on the main roof of 135 North 11th; fitness room and residents' lounge, per listing records. The plan provides for residents to use certain hotel services, including the outdoor pool, on a membership basis at terms the board negotiates with the hotel
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 135 North 11th 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.
This is a two-building condominium planned together with a hotel. KM Construction & Development bought the site in 2007 and filed plans in 2008 for a 43-unit building on North 11th and a 14-unit building on North 12th, and developed a hotel with a restaurant and an outdoor pool on the lot to the west. The two residential buildings became The Residences at The Williamsburg, named for the hotel. The hotel sits on its own tax lot outside the condominium. The two are tied together by reciprocal easements and a shared garage.
The timing is part of the story. Plans were filed in March 2008, just before the credit market seized, and the sponsor carried the project through the downturn. It did not close its first apartment until March 2011. After that the sale moved fast: ACRIS shows 56 of the 57 residences closed during 2011 and the last in January 2012. The sponsor holds nothing today, and ownership is spread across more than 50 separate owners of record.
What a buyer gets is a 2011 new-development condominium with two structural features to understand before comparing it with anything else on the Northside. The parking is a separately owned commercial garage rather than an amenity of the condominium. And the 421-a tax exemption, which has kept carrying costs low since 2012/13, has one year left.
Architecture and unit composition
Gene Kaufman designed the three buildings as a set. Published reviews describe bright orange bands across the street façades, setbacks at the fifth and sixth floors, a cantilevered roof pergola, a black courtyard façade with orange-trimmed balconies, and large graphic murals on the lower courtyard walls. Residences have floor-to-ceiling windows, Brazilian walnut floors, Lineadecor kitchens with Liebherr and Bosch appliances and quartz counters, marble baths, and remote-controlled heating, cooling, lighting and shades, per published building reviews.
No residences are at ground level. The ground floors hold the garage. Residences start on the second floor:
- 135 North 11th Street: nine lines, A through J, on floors 2 through 5, and seven on the setback sixth floor. The mix is weighted to one-bedrooms, with two-bedroom lines at G and H on floors 2 through 5. Several units have large terraces, including those on the setback floors.
- 162 North 12th Street: four lines on the lower floors, two on the fifth, and a single full-floor residence on the sixth. City records show 4A and 4B combined into one unit.
The cabana units are the building's unusual feature. The plan created eleven fenced cabanas on the main roof of 135 North 11th Street as separate condominium units, and only a residence owner may own one. A cabana conveys by its own deed, so title work should confirm whether one comes with the apartment you are buying.
Building operations
The condominium is small enough to run on outsourced labor. The 2021 financial statements, reviewed by the condominium's accountants, show about $593,000 in common charges for the year. The largest costs were outsourced labor and utilities, and utilities ran well over budget. The operating fund ended 2021 in a small deficit. The reserve fund held about $349,000. The board had not commissioned a reserve study, which is a professional estimate of what the major building components will cost to replace. Ask for the current budget, the latest statements and any assessment history.
The garage matters for operations as well as parking. The two garage units are owned by a commercial entity, and the plan gives the hotel's guests and staff preferential use of 35 spaces. A 2022 easement between the garage owner and the hotel owner is recorded against the garage lot. Residents get parking by monthly rental, and the rent is set by the garage operator, not the board.
The tax position
This is the biggest carrying-cost fact here. Department of Finance records show a 15-year 421-a exemption on every unit in the condominium (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 the benefit started in 2012/13. It covered 100 percent of the new value for eleven years, through 2022/23, then stepped down to 80, 60 and 40 percent. For 2026/27 it is at 20 percent. It expires June 30, 2027.
Owners have absorbed most of the step-up already, but one step remains. On the 2026/27 roll the remaining exemption equals about a fifth of each unit's assessed value. When it ends, each unit's taxable value rises by roughly a quarter, before any ordinary increase in the assessment. Buyers should model the 2027/28 bill, not the current one. Sellers should expect buyers to do the same.
Recent sales
135 North 11th Street trades as 2011 new-development condominium product, priced in dollars per square foot. Its peers are the post-2005 Northside mid-rises east of the waterfront; the Kent Avenue towers are a separate market. The comparison turns on four things: whether a unit has a terrace or a cabana; whether it faces McCarren Park at 162 North 12th or the courtyard; floor, given the setback terraces above the fourth floor; and taxes, which are about to be fully phased in here while some nearby buildings still have years of abatement left. Index market statements to 2025, the last complete year. 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.
Recent closings 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 16, 2026 | 4D | $1,040,000 |
| Apr 1, 2026 | 3D | $991,000 |
| Feb 26, 2025 | 2F | $1,035,000 |
| Dec 16, 2024 | 2J | $1,030,000 |
| Aug 19, 2024 | 6F | $945,000 |
| Apr 26, 2023 | 2G | $1,650,000 |
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 3-02290-7502) 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.
At the recent median sale of $1.03M (4 sales since 2024), a buyer putting 25% down would pay about $47,108 to close, or 4.6% of the price.
- Mansion tax: $10,350
- Mortgage recording tax: $14,943
- Title insurance: $4,658
- Attorneys, lender, building fees, reserves and filings: $17,157
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Price parking as a rental. Garage spaces here are not deeded. Ask the garage operator for the current rate and availability before you count parking as part of the apartment.
Confirm the cabana. A cabana is a separate unit with its own deed and its own common charges and taxes. Make sure the contract covers it if the listing includes one.
Underwrite the July 2027 tax bill. The 421-a benefit ends June 30, 2027. Ask your attorney to have the tax apportionment at closing reflect the step-up.
Read the hotel easements. The pool and other hotel services are available only on terms the board negotiates. Ask whether a membership arrangement is in place today and what it costs.
Standard condominium mechanics. The board has a right of first refusal on resales and leases but no approval right over buyers.
What to know if you’re selling
Lead with outdoor space. Terraces and cabanas are the clearest point of difference among units here. If you own a cabana, market it with the apartment.
Be direct about taxes. Buyers will see the 2027 expiry in the first week. Showing the post-expiry figure yourself keeps it from becoming a late renegotiation.
Prepare the multi-deed file early. An apartment sold with a cabana is two conveyances. Have both deeds and both tax bills ready.
Comparable buildings
If you're considering 135 North 11th Street, also evaluate:
- Warehouse 11 (214 North 11th Street) — a larger six-story Northside condominium of the same generation, with deeded parking and a doorman
- 125 North 10th Street — a 2007 six-story condominium one block south, with garage parking and cabanas
- 215 North 10th Street (NX) — newer Northside condominium over a commercial base, with no abatement to lose
- 144 North 8th Street — a Northside condominium whose 421-a benefit has already run out; the fully taxed comparison
- NV (101 North 5th Street) — a 40-residence condominium of similar vintage whose 421-a ended in 2025
- 80 Metropolitan Avenue — a larger 2008 condominium with cabanas and a pool of its own
- North8 (49 North 8th Street) — a 40-residence condominium at Kent Avenue with deeded parking
More Williamsburg buildings
- 127 Kent Avenue (The Sixth) — 2025 condominium by BKSK Architects
- 130 Jackson Street (Jackson Foundry Lofts) — 2007 condominium
- 135 Jackson Street (The Jacksonia) — 2008 condominium by Karl Fischer Architects
- 136 Powers Street — 2007 condominium
- 138 Broadway, Brooklyn (The Smith Gray Building) — 1884 condominium
- 14 Hope Street — 2008 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Williamsburg.
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.
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