159 Baltic Street
159 Baltic Street, Brooklyn, NY 11201
Cobble Hill, Brooklyn
BBL 3003050032 · BIN 3003314
- Year built
- 1920
- Type
- Condominium
- Landmark
- In a historic district
159 Baltic Street is a four-story, 25-foot-wide building on a 100-foot-deep lot in the Cobble Hill Historic District. City land-use data records it as a walk-up with stores: about 8,650 square feet of floor area, of which roughly 6,150 square feet is residential and 2,500 square feet is retail, with seven apartments and three commercial units on the tax roll.
The sponsor, 159 Baltic Development, LLC, submitted a condominium offering plan to the New York State Attorney General on February 4, 2026, at a total of $18,175,000 for four residences and one commercial unit. The Attorney General had not accepted the plan as of October 2026, so no unit can be sold under it yet.
The offering total sets the price level. Spread across five units it averages about $3.6 million; the record does not split the total between the residences and the commercial unit, so the true average per home is not yet public.
Architecture and residences
The Department of Buildings records an alteration job, filed in February 2024 by Paul Christakos Architecture, described as a "renovation of existing mixed-use building" located within a landmarked district. The job was approved in December 2025 and its first permit issued in January 2026. It keeps the building at four stories and 40 feet. Interior non-structural demolition was permitted in October 2025, and structural and plumbing filings followed through September 2026.
The unit counts disagree:
- Offering plan record: 4 residential units and 1 commercial unit, 5 in total
- Department of Buildings job: 8 existing dwelling units, 3 proposed
- PLUTO: 7 residential units and 10 units in total (the pre-conversion count)
The plan and the Department of Buildings job may be counting a duplex or the commercial space differently, or one of them may be amended later. Read Schedule A of the plan, once it is accepted, against the final certificate of occupancy.
Because the building sits in the Cobble Hill Historic District, exterior work, including windows, storefront and any rooftop addition, needs Landmarks Preservation Commission approval. No layouts, finishes, sizes or asking prices have been published as of October 2026.
Offering and pricing
Per the offering plan filed with the New York State Attorney General (plan CD260044), the plan was submitted February 4, 2026 as a condominium offering of a rehabilitated building, with 159 Baltic Development, LLC as sponsor and a total offering price of $18,175,000. The record lists 4 residential units, 1 commercial unit and no storage or parking units. It shows no amendments, no acceptance date and no units sold.
No asking prices have been published. Expect them to appear only after acceptance, when the sponsor can begin marketing under the plan.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
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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.
What to know if you’re buying
The plan is not yet accepted. Until the Attorney General accepts it, the sponsor cannot enter binding contracts. Prices, unit count and layouts can all change before then, and the total offering price often moves through amendments after acceptance.
Commercial unit. A ground-floor commercial unit inside a four-residence condominium matters to residential buyers. Read how the declaration allocates common charges, insurance and repair obligations between the commercial and residential units, and what uses the commercial unit is allowed.
Landmark district. Exterior changes require Landmarks Preservation Commission approval, which shapes what owners can later do to windows, terraces and the roof.
Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%, or 0.65% at $3 million or more) and the New York City real property transfer tax (1.425% above $500,000), plus the state mansion tax, which starts at 1% at $1 million and rises in tiers. Use the calculators below to run your price.
Carrying costs. The plan's budget will set first-year common charges and projected real estate taxes. Confirm the tax position in the plan once it is accepted.
Comparable buildings
If you're considering 159 Baltic Street, also look at these Cobble Hill and Carroll Gardens condominiums:
- 417 Hicks Street — Cobble Hill Towers, the 1878 model-housing complex on the same tax block, converted to condominiums in 2010
- 110 Boerum Place — 21-residence condominium on the Cobble Hill and Boerum Hill edge, in sales under a plan effective May 2026
- 78 1st Place — six-residence Carroll Gardens condominium by Paul Christakos Architecture, sold out to sponsor buyers
- 62 4th Place — 1910 Carroll Gardens townhouse being converted to four condominiums, plan submitted March 2026
- 420 Court Street — four-residence Carroll Gardens condominium with a $16.49 million offering plan
- 36 Remsen Street — 1860 Brooklyn Heights house converted to four condominiums, plan effective June 2024
More Cobble Hill buildings
- 124 Atlantic Avenue — 1851
- 135 Amity Street — 1880 co-op
- 139 Pacific Street, 139 Pacific Street · Cobble Hill — 1888 co-op
- 174 Pacific Street (Cobble Heights) — 1888 co-op
- 175 Amity Street — 1900 co-op
- 175 Pacific Street — condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Cobble Hill.
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 159 Baltic Street?
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646.939.7375 · c.cohen@compass.com