147 Hope Street

The building is six stories and seventy feet over a cellar, constructed to class 2-A, occupancy group R-2, on a lot that runs 175 feet along Hope Street. The elevation is not a flat street wall — it steps back in layers as it rises, and the terraces are placed in those setbacks rather than added as an afterthought at the crown. The façade is textured masonry; the entrance is a curved opening roughly twenty feet high; and the design's organising idea is a bicycle, expressed as spoke-like beams and arches that recur at the lobby, in the courtyard and on the terraces. It is a more specific architectural argument than most buildings of this size in Williamsburg attempt.

The unit stack, read from the certificate of occupancy, is legible and worth having in front of you when comparing apartments. The first floor holds three duplex lower halves entered at grade, one conventional apartment, the lobby, package room, trash room, exercise room, and the retail space. The second floor holds four apartments plus the three duplex upper halves. The third floor holds nine, the fourth eleven, the fifth six, and the sixth four. That taper — eleven homes on the fourth floor down to four on the sixth — is where the square footage goes: the upper floors carry the larger layouts and the private roof terraces, of which the certificate records four, alongside a 736-square-foot common terrace.

Layouts were marketed as one- to four-bedroom residences in three families: townhouse-style duplexes at grade, classic condominiums through the middle of the building, and penthouses at the top. Because outdoor space is distributed unevenly across the setbacks, compare terrace allocation and usability alongside floor, exposure, layout and condition. Same-line comparables are the pricing anchor; building averages are not.

The service model is technology-led rather than staffed: virtual doorman entry with a package room off the lobby, rather than an attended desk. Confirm the current arrangement and any staffing the board has added since sellout with the managing agent, because a plan and a marketing sheet document an intent, and what a resident experiences is whatever the board is paying for today.

The amenity set is well judged for 38 homes and, unusually, is distributed rather than stacked. The first floor carries the lobby, package room, trash room and exercise room. The cellar carries the bicycle room with its workbench, private storage, the 960-square-foot outdoor recreation space, and the parking. The courtyards sit at the centre of the plan at grade, and the resident sky deck and common roof terrace sit at the top. A pet grooming station is part of the program — a small thing that tells you something true about the intended buyer.

Financially, the building came out of sponsor control on a conventional footing. The working capital fund was funded at three months of common charges per purchaser at every closing, and the sponsor's architect certified a $15,000 escrow at first closing against the cost of obtaining a permanent certificate of occupancy — a modest number, though it does not establish the building's condition. A buyer's attorney should nonetheless confirm that the permanent certificate has since issued, since the building traded for a period on temporary certificates.

Purchaser review: Condominium mechanics — a board right of first refusal rather than cooperative-style approval and interview. Closing timelines of 30 to 45 days are typical.

Property taxes: No 421-a, 485-x, J-51 or other transferable exemption on any unit lot per the Department of Finance exemption detail for the current roll. Model the full unabated bill; there is no benefit to step down.

Working capital contribution: Three months of common charges were collected from each purchaser at closing under the plan. Confirm whether the board has continued the practice on resales.

Flip tax / transfer fee: None is disclosed in the plan record on file. Move-in, move-out and lease-review fees are set by the board; confirm the current schedule and any live assessment at offer stage.

Parking and storage: Cellar parking and private storage exist and are limited in number. Establish in writing whether a space or bin conveys with the apartment, whether it is deeded or licensed, and what the monthly charge is, before pricing either.

Pets: A pet grooming station is part of the building's program, which is a strong indication of a pet-friendly posture, but the governing rule is the current house rules rather than an amenity. Confirm the pet policy — including size and number — with the managing agent.

Subletting and pied-à-terre: As a New York condominium, pied-à-terre ownership and leasing are permitted in principle, subject to the board's right of first refusal and to any minimum-lease-term rule in the current house rules. The plan record on file does not settle the minimum term; confirm it before making an offer that depends on it.

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 $1,541/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 3-02375-7501; 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.

There is no abatement — check the tax line first, not last. Neighbouring rental buildings on the same tax block carry 25-year 421-a benefits; this condominium carries none. Run the current bill through a carrying-cost model before you set your price.

Establish whether parking conveys. Nineteen cellar spaces serve a building of 38 homes. Get the space, its status and its monthly cost in writing rather than assuming it follows the apartment.

Compare terrace allocation alongside floor and exposure. The setbacks distribute outdoor space unevenly. Compare against the same line and the same terrace condition.

Confirm the permanent certificate of occupancy. The building operated on temporary certificates through 2020 and 2021 with an escrow held against the final sign-off. Confirm it has issued.

Understand the MX-8 zoning around you. The special mixed-use district permits light-industrial neighbours as of right. That is part of why the site was affordable and part of what the street may look like in ten years.

Get ahead of the tax question in week one. A buyer's attorney will find the absence of an abatement. Presenting it yourself, with the current bill and a clear carrying-cost comparison, closes faster than letting it be discovered.

Lead with parking and outdoor space. Describe the cellar parking, courtyard, sky deck and private terraces, including each apartment’s access rights and charges. Say so early and specifically.

Sell the architecture on its own terms. A 175-foot frontage stepped in layers, a twenty-foot curved entrance, and a bicycle motif carried from the lobby into the garden is a more memorable story than an amenity list, and it is verifiable.

Anchor to matched lines. Duplex, classic and penthouse comparables are not interchangeable. Same-line and same-terrace sales from 2025 forward are the defensible anchors.

Explain the condominium process. There is a right of first refusal and no board interview — useful procedures to explain to buyers also considering the neighbourhood's cooperative stock.

If you're considering 147 Hope Street, also evaluate:

• 80 Metropolitan Avenue — the closest peer in scale and posture: an interior-Williamsburg condominium trading on layout rather than views
• 214 North 11th Street — the Northside alternative, with its own parking story
• 125 North 10th Street — the amenity-led Northside condominium a buyer will inevitably tour alongside
• The Oosten (429 Kent Avenue) — the courtyard-and-townhouse-line comparison, at larger scale on the Southside
• 330 Wythe Avenue — the boutique Williamsburg condominium alternative, closer to the waterfront
• 330 Wallabout Street — the newest South Williamsburg condominium of comparable size, and the abatement comparison a buyer will make
• 50 Greenpoint Avenue — the Greenpoint equivalent for buyers weighing neighbourhood as much as building