136 Clifton Place
136, 142, 144 and 146 Clifton Place, Brooklyn, NY 11238
BBL 3019537502 · BIN 3397384
- Year built
- 2012
- Type
- Condominium
- Units
- 32
- Floors
- 4
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 136 Clifton Place 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.
The Clifton Place Condominium consists of four identical walk-ups with 32 apartments, all on one condominium lot. Two facts matter most to a buyer. The first is the tax bill. Every unit carries a 25-year 421-a exemption that started in 2012 and stays at full strength into the early 2030s. On the current roll it covers about 93 percent of the condominium's assessed value. The second is the ownership rules. The offering plan gives owners an unrestricted right to lease and sell, with no board right of first refusal. That is looser than most condominiums, and much looser than the co-op stock nearby.
The buildings belong to a larger set. In December 2005, Karl Fischer filed ten matching new-building applications on this block for one owner: four eight-unit buildings on Clifton Place and six on Greene Avenue. The Greene Avenue six became a separate 48-unit condominium, The Greene Avenue Condominium, declared in 2010. The Clifton Place four became this one. Both carry the same 421-a schedule.
The project took a long time. The plan was accepted in March 2009 and expected completion that June. The declaration was not recorded until July 2012, and the sponsor sold all 32 apartments between August 2012 and January 2013. The latest amendment on file, Amendment 5, was accepted in April 2012, shortly before the first closings.
Architecture and unit composition
Each building has a cellar, four residential floors with two apartments per floor, and an attic. Across the four buildings, the unit types follow the same stack:
Garden level (1A, 1B). These are the largest units, because each includes basement recreation space below, per the plan. Schedule A puts them at roughly 1,300 to 1,400 gross square feet.
Second and third floors (2A–3B). These are the compact units, about 750 to 800 gross square feet each.
Top floor (4A, 4B). These include an attic area and a roof terrace. The plan limits the attic to storage and does not allow it to be used as a bedroom or other living space. That limit matters when a listing counts rooms. Top-floor unit sizes vary among the four buildings, so check Schedule A or the Department of Finance record for the specific unit.
Every unit has at least one balcony. Balconies and roof terraces are limited common elements: the owner has exclusive use, the owner of a roof terrace maintains its surface, and the plan prohibits building structures on them without written permission.
The Department of Finance square footage for several units, including the garden-level units at 146 Clifton Place, does not match Schedule A. Treat the plan's floor plans as the better source for layout, and confirm size against the floor plan for any specific unit.
Building operations
The 421-a clock. The Department of Finance exemption roll records code 5114, "421-a, 25 years, no cap," on all 32 unit lots, with a 2007 base year and a 2012 benefit start, still at 100 percent of the benefit on the 2026/27 roll. The offering plan describes the same benefit: full exemption of the new construction's added assessed value for 21 years, then a phase-in to full assessment. Under the statutory schedule the last four years step down to 80, 60, 40 and 20 percent. On that reading, full exemption runs through about fiscal 2032, the step-down covers fiscal 2033 through 2036, and full taxes start with the fiscal 2037 roll, which takes effect July 2036. Confirm the schedule against the current bill. The plan's own estimate of the fully taxed bill was many times the abated bill, so the increase at the end will be large.
Heat, hot water and staffing. Each apartment has its own heat and hot-water equipment, and the owner pays for fuel directly. That keeps common charges lower and puts more of the utility cost on the owner. The plan's first-year budget included no superintendent. It assumed cleaning, garbage and snow removal would be contracted. Ask what the current arrangement is.
Sponsor position. The sponsor closed all 32 apartments between August 2012 and January 2013. No sponsor-held apartments remain. Each unit is separately owned, and resales have been regular since 2014.
Reserves and budget. We found no recent budget or financial statements on file. Ask the managing agent for the current budget, the reserve balance, any assessment, and the roof and roof-terrace history. With four separate roofs and owner-maintained terrace surfaces, roofs are the main capital item.
Policy framework
Ownership form. Condominium. Each unit is its own tax lot and conveys by deed.
Resale. Per the offering plan, the board has no right of first refusal on a sale or lease. Buyers do not face a board approval step. Confirm that no later amendment to the by-laws has added one.
Leasing. Per the offering plan, owners have an unrestricted right to lease. Use is limited to residential and home-office use. Confirm any current house rules on lease term with the managing agent.
Pets, flip tax and financing. None of these is documented in the plan text we reviewed. The plan sets no minimum down payment; financing terms are the lender's. Confirm pet rules and any working-capital contribution at closing with the managing agent.
Recent sales
136 Clifton Place trades as small-building Bedford-Stuyvesant new construction from the 2010s, priced in dollars per square foot. The biggest price differences are by unit type, not by building. Garden duplexes with basement space and top-floor units with roof terraces trade at a premium to the compact middle-floor units. The four buildings are identical, so a sale of the same unit letter in a neighboring building is a close comparison.
Many comparable condominiums along the Classon Avenue edge of Clinton Hill carry full taxes or an expiring 15-year exemption. Against them, a live 25-year exemption keeps this building's monthly cost lower for about another decade. Indexed to 2025, the last complete year, buyers pay a premium for that lower cost, and the premium should shrink as fiscal 2033 approaches.
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 |
|---|---|---|
| Oct 22, 2024 | 2A | $850,000 |
| Sep 20, 2024 | 1A | $1,325,000 |
| Dec 22, 2022 | 2B | $900,000 |
| Aug 20, 2021 | 2A | $815,000 |
| Jul 16, 2021 | 1B | $1,135,000 |
| Jul 23, 2018 | 1B | $1,100,000 |
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 3-01953-7502) 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
Model the whole tax clock. Run the True Monthly Carrying Cost at today's abated number and again at the fully taxed number that arrives around fiscal 2037.
Add the utilities. Heat and hot water are not in common charges. Get the seller's fuel and utility bills for the past year to see the real monthly cost.
Count rooms the way the plan does. The top-floor attic is storage only under the plan. The garden-level basement space is recreation space. Confirm with your attorney what the certificate of occupancy allows before you pay for extra rooms.
Get all four certificates of occupancy. Only 146's appears in the online dataset. Have your attorney pull the others from the DOB file.
Confirm the documents are current. The plan's no-first-refusal and unrestricted-leasing terms date from 2009 to 2012. Ask for the current by-laws, rules and any amendments.
What to know if you’re selling
Lead with flexibility. Buyers face no board approval, and the plan allows unrestricted leasing. That opens the building to more buyers than most condominiums and every co-op nearby.
Show the abatement with dates. Give buyers the current bill and the year full taxes arrive, so they can see the benefit instead of guessing at it.
Have utility history ready. Because owners pay their own heat and hot water, a year of bills answers the buyer's first carrying-cost question.
Comparable buildings
If you're considering 136 Clifton Place, also evaluate:
- 859 Myrtle Avenue — a larger Bedford-Stuyvesant condominium, also on an active 25-year 421-a
- 315 Gates Avenue — a 2009 Bedford-Stuyvesant condominium with a 421-a exemption whose dates the records dispute
- 524 Halsey Street — a 31-unit Bedford-Stuyvesant condominium with no exemption on the roll
- 600 DeKalb Avenue — a newer Bedford-Stuyvesant condominium with no exemption on the current roll
- 82 Irving Place — a 28-unit Clinton Hill elevator condominium near Fulton Street, fully taxed from the start
- 87 Irving Place — a 25-unit Clinton Hill condominium delivered in 2024
- 545 Washington Avenue — a 2009 Clinton Hill condominium whose 15-year 421-a has expired
- 111 Steuben Street — a 2009 Clinton Hill condominium, now fully taxed
- 136 Powers Street — a 20-unit Williamsburg walk-up condominium, also on a 25-year 421-a
More Bedford-Stuyvesant buildings
- 105 Lexington Avenue — 1930 condominium
- 226 Clifton Place — 2017 condominium by Karl Fischer Architects
- 315 Gates Avenue (315 Gates) — 2009 condominium by Karl Fischer Architects
- 524 Halsey Street — 1904 condominium
- 600-610 DeKalb Avenue, 600 and 610 DeKalb Avenue — 2024 condominium
- 859 Myrtle Avenue — 2018 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bedford-Stuyvesant.
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 136 Clifton Place?
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