161 North 4th Street (nforth)
161 North 4th Street, Brooklyn, NY 11211
BBL 3023447501 · BIN 3392452
- Year built
- 2007
- Type
- Condominium
- Units
- 37
- Floors
- 4
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at nforth, per listing records 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.
161 North 4th Street is a four-story condominium with a long, low street wall — about 150 feet of frontage on a block of North 4th Street between Bedford and Driggs, three blocks south of the Bedford Avenue L. Thirty-seven residences on four floors is a dense plan for a building this low, and it is the width of the lot, not height, that makes it work. Its closest peer on the block is The Rialto, the furniture-factory conversion that shares the block from the North 5th Street side.
It sits right on the line of the 2005 rezoning. The new-building application was filed in March 2005, two months before the city mapped the MX-8 district that now governs the block, and the building was permitted in late 2006 and signed off in 2009. Karl Fischer, whose office produced a long list of the Northside's first post-rezoning condominiums, is the architect of record.
The sponsor sold all 37 residences between 2008 and 2010, per ACRIS — through the credit crisis, which is when most of its peers stalled. Every residence is now in separate hands and the sponsor holds nothing. The building trades as an ordinary resale condominium.
The number that matters most for an owner today is the tax bill. The 15-year 421-a exemption has run its full course, so the bill a seller shows a buyer now is the permanent one.
Architecture and unit composition
Fischer's plan puts nine residences on the ground floor, eleven each on the second and third floors, and six larger residences on the fourth. Unit sizes on the Department of Finance roll run from about 480 square feet to about 1,290, and the size follows the floor. The second and third floors stack identically, eleven residences each from about 480 to 940 square feet. The ground floor and the fourth floor carry the larger residences, most of them between roughly 950 and 1,290 square feet; the fourth-floor units are the top of the building and the ground-floor units sit at the street. Those are different products and trade differently. Several ACRIS unit records carry two letters (2I and 2J, for example), which is consistent with lettering revised during construction or with combinations. Confirm the legal description of any unit against its deed and the floor plans filed with the declaration.
Parking and storage are deeded. Nineteen parking units serve 37 residences, roughly one space for every two apartments, and there are 24 storage units. Each is its own condominium unit with its own deed and its own tax bill, and most are held by residence owners. Because they are separate units, a space does not travel with an apartment unless the contract says so. Ask exactly what conveys, and check the declaration for any limit on who may own one.
The Department of Finance classes the residences as R2, its code for condominium units in a walk-up building. Confirm vertical circulation in person before relying on that classification either way.
Building operations
A 37-residence building of four stories runs on a small budget. We have no offering plan, financial statements or house rules on file, and no amenity program is documented in the records reviewed beyond the garage and storage. Ask for the latest financial statements, the reserve balance, any assessment history, and the house rules.
At four stories, the building is not subject to Local Law 11, the city's façade inspection program, which applies only to buildings over six stories. No open DOB/ECB violations appear against the building. The capital items to ask about in a building approaching twenty years old are the roof membrane, window and terrace waterproofing, and garage drainage and ventilation.
The tax position
Department of Finance records show a 15-year 421-a exemption on the residences (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 began in 2009/10, ran at full value for eleven years, and stepped down over four, from 2020/21 through 2023/24. It has been zero since 2024/25. Owners now pay fully assessed taxes, and no further step-up is coming.
A Northside condominium still inside its 421-a term shows a lower bill today that will rise. The bill here is permanent. Compare carrying costs on a fully taxed basis before comparing prices.
Recent sales
161 North 4th Street trades as boutique post-2005 Northside new construction, priced in dollars per square foot. Location between Bedford and Driggs, three blocks from the L, drives value more than building services do. Top-floor residences and any apartment that conveys with a deeded parking space carry clear premiums; the smaller second- and third-floor units trade against the neighborhood's one-bedroom market. Turnover is thin: one resale was recorded in the last 24 months, so comparables have to come from the surrounding blocks as much as from the building. 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 |
|---|---|---|
| Jul 20, 2026 | P7 | $2,150,000 |
| Feb 16, 2024 | P5 | $2,270,000 |
| Jul 11, 2023 | 1A | $1,250,000 |
| Jun 15, 2023 | S9 | $999,000 |
| Apr 6, 2023 | — | $950,000 |
| Mar 6, 2023 | 1D | $1,175,000 |
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 3-02344-7501) 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.
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
The tax bill is final. The abatement ended with 2023/24. Use the current bill for the specific unit, not an older one.
Price parking and storage separately. Nineteen deeded spaces and 24 storage units serve 37 apartments. If a space matters to you, confirm it is in the contract and has its own deed.
Check the unit's legal description. Some unit records carry two letters. Match the deed, the declaration floor plans and the apartment you are touring.
Get the governing documents. We have not reviewed the offering plan, by-laws or house rules. Pets, leasing, alterations and any transfer contribution should be confirmed from them and from the managing agent.
What to know if you’re selling
Use the tax bill as a selling point. Your taxes are fully phased in. Buyers comparing abated Northside buildings are looking at bills that will rise.
Sell the space with the apartment if you have it. Deeded parking and storage are scarce here, and buyers price them in.
Lead with the location. Between Bedford and Driggs, three blocks from the L, in a low building with no large-tower overhead.
Comparable buildings
If you're considering 161 North 4th Street, also evaluate:
- The Rialto (150 North 5th Street) — the 31-residence loft conversion on the same block, whose 421-a has also expired
- Sevenberry (120 North 7th Street) — Karl Fischer's 27-residence four-story condominium with deeded parking, fully taxed since 2024/25
- NV (101 North 5th Street) — Karl Fischer's 40-residence condominium a few blocks west, also fully taxed
- 100 North 3rd Street — a 24-residence condominium from the same post-rezoning cycle, fully taxed since 2024/25
- Lucent Condominium (170 North 11th Street) — a 28-residence Bedford–Driggs condominium with deeded parking and an expired 421-a
- 144 North 8th Street — a fully taxed 41-residence condominium between Bedford and Berry
- 70 Berry Street — a 38-residence Northside condominium with deeded parking and an expired 421-a
- 80 Roebling Street — a 36-residence Karl Fischer walk-up complex east of Driggs, fully taxed since 2022/23
More Williamsburg buildings
- 15 Lynch Street — 2005 condominium
- 150 North 5th Street (The Rialto) — 1910 condominium
- 150 South 1st Street (Bedford Court) — 2003 condominium
- 165 North 10th Street (The Decora) — 2008 condominium
- 170 Broadway, Brooklyn (The Broadway Arms Condominium) — 2002 condominium
- 170 North 11th Street (Lucent Condominium) — 2007 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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