- Year built
- 2017
- Type
- Condominium
- Units
- 38
- Floors
- 6
- Landmark
- No
Every recorded sale at this building, 2019–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,541
- Listing discount
- 0.0%
- Recorded sales
- 48
- On record
- 2019–2026
The first thing to understand about 147 Hope is the tax position, because it is unusual and it is not obvious from a listing sheet. This is a 2015-filed, 2019-delivered Williamsburg condominium with no tax abatement at all. The Department of Finance exemption detail shows nothing on any of the 38 residential unit lots — no 421-a, no 485-x, no J-51. On the very same tax block, two rental buildings do carry 421-a: one with a benefit that started in 2012 and one with a benefit that started in 2019, both on 25-year terms. So the comparison a buyer will unconsciously make — between this building's monthly and the monthly at a similar-vintage abated building nearby — is a comparison between a fully assessed tax line and a suppressed one. It never converges in this building's favour; the other building eventually converges toward this one.
That is the discipline. The compensation is that everything else here is unusually good for the unit count. The site is a 175-foot-wide, 100-foot-deep parcel inside the MX-8 Special Mixed Use District, the zoning tool the 2005 Greenpoint–Williamsburg rezoning used to let residential and light-industrial uses share a block rather than displace one another. A lot that wide on a low-rise Williamsburg street lets a six-story building hold the street wall, step back in layers, and still carve out landscaped courtyards in the middle rather than a light well. Alexander Compagno's plan uses all of it: three duplexes entered directly at grade off Hope Street, a stack of apartments above, the largest homes at the top, and terraces cut into the setbacks rather than reserved for a single penthouse floor. Two double-height openings supported by angled braces cut through to the courtyard, and the bicycle motif — spoke-like beams and arches — runs from the roughly twenty-foot curved entrance through the lobby and out into the garden.
The third thing that separates the building from its peers is what is under it. The certificate of occupancy records 19 accessory off-street parking spaces in the cellar, plus a 730-square-foot bicycle room and a 960-square-foot outdoor recreation space at the same level. Nineteen parking spaces against 38 residences is roughly one for every two homes, in a neighbourhood where most condominiums of this size have none. For a buyer with a car — or with a resale horizon in a neighbourhood that keeps getting denser — that is a durable, non-replicable feature, and it is worth establishing early whether a specific apartment carries a space and on what terms.
For sellers, the operative fact is that this is a fully sold-out, resale-driven building. The sponsor held twenty residential units and the commercial unit as of the plan's seventh amendment in mid-2020; ACRIS shows the residential sellout completing across 2020 and 2021, with a normal resale rhythm since. Nobody is setting the price here but owners.
Architecture and unit composition
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, terrace allocation drives value here more than floor level alone. Same-line comparables are the pricing anchor; building averages are not.
Building operations
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 that implies a short punch list rather than a structural problem. A buyer's attorney should nonetheless confirm that the permanent certificate has since issued, since the building traded for a period on temporary certificates.
Policy framework
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.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Recent sales
147 Hope trades as a seasoned, sponsor-sold-out Williamsburg condominium in the interior of the neighbourhood rather than on the waterfront — closer in character to the Southside and Union Avenue blocks than to the Kent Avenue towers, and priced accordingly. It competes on layout, outdoor space and parking rather than on views and amenity depth, and it does so without an abatement.
Pricing is line-specific and outdoor-space-specific. The three grade-level duplexes, the mid-building classic layouts and the top-floor penthouses with private roof terraces are three different assets, and comparables have to match on line, floor and terrace before they mean anything. Indexed to 2025, the last complete year, two variables dominate the negotiation: the unabated tax line, which a buyer's attorney will surface immediately, and whether the apartment carries one of the nineteen parking spaces, which materially changes what the home is worth on a Williamsburg block. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, curated by The Roebling Team research desk. 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 10, 2026 | 4A | 2 BR · 2 BA · 1,175 sf | $1,795,000 | $1,528/sf | +0.0% |
| Jul 30, 2025 | 3F | 1 BR · 1 BA · 704 sf | $975,000 | $1,385/sf | -2.3% |
| Mar 17, 2025 | 3A | 1 BR · 1 BA · 947 sf | $1,288,000 | $1,360/sf | -0.8% |
| Jul 31, 2024 | 2D | 2 BR · 2 BA · 1,158 sf | $1,795,000 | $1,550/sf | +0.0% |
| Feb 16, 2024 | 6A | 4 BR · 3 BA · 1,744 sf | $2,749,000 | $1,576/sf | -0.0% |
| Jul 15, 2022 | 4K | 1 BR · 1 BA · 614 sf | $851,000 | $1,386/sf | +0.7% |
| May 24, 2022 | TH1CSponsor Sale | 2 BR · 2.5 BA · 2,075 sf | $2,275,000 | $1,096/sf | +3.4% |
| Apr 6, 2022 | PH5ASponsor Sale | 3 BR · 2.5 BA · 1,754 sf | $2,525,000 | $1,440/sf | -4.7% |
Market read. Most recent trades (2026) cleared a median $1,541/sf across 1 sale. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 3-02375-7501) 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; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
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 against 38 homes is a real and scarce feature. Get the space, its status and its monthly cost in writing rather than assuming it follows the apartment.
Terrace allocation, not floor number, drives value. 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.
What to know if you’re selling
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. In a Williamsburg market where most boutique condominiums offer neither, cellar parking, a courtyard, a sky deck and private terraces are the differentiators. 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.
Condominium mechanics are a timeline advantage. Right of first refusal, no board interview, 30-to-45-day closings — worth stating explicitly to buyers also considering the neighbourhood's cooperative stock.
Comparable buildings
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 at a comparable unit count, 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
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.
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