170 North 11th Street (Lucent Condominium)
170 North 11th Street, Brooklyn, NY 11211
Williamsburg, Brooklyn
BBL 3022987501 · BIN 3061622
- Year built
- 2007
- Type
- Condominium
- Units
- 28
- Floors
- 6
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Lucent, from the condominium's recorded name sales history: 56 recorded sales
Every recorded sale at this building, 2007–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,553
- floor-adjusted, 2 sales
- Listing discount
- -0.5%
- Recorded sales
- 56
- On record
- 2007–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Lucent, from the condominium's recorded name 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.
Lucent Condominium is a direct product of the 2005 rezoning. The site held a vacant two-story industrial building in an M1-2 manufacturing district when MKD Group bought it in 2004. That summer the owner filed two routes to residential use: a DOB application to add floors to the existing building, and an application to the Board of Standards and Appeals for a zoning variance (calendar 252-04-BZ) to convert and enlarge it. DOB disapproved the plans.
In May 2005 the city adopted the Greenpoint–Williamsburg rezoning, which remapped this block as M1-2/R6A inside the MX-8 mixed-use district and allowed apartments as of right. The variance was no longer needed, and the BSA recorded its withdrawal on June 7, 2005. The owner then demolished the old building, filed a new-building application in December 2005, and put up a six-story condominium.
The sale was quick. The sponsor closed all 28 apartments between October 2007 and January 2008, per ACRIS, at the top of the pre-crisis market. The historical apartment sellout does not establish current sponsor holdings, parking interests, affiliates or later reacquisitions; obtain a current ownership schedule. What a buyer gets is a 2007 Northside mid-rise with deeded parking, a location a block from McCarren Park, and a tax exemption that has now fully run off.
Architecture and unit composition
Gene Kaufman, the architect of record, also designed 135 North 11th Street a block west. The 70-foot, six-story building sits on a 100-by-100-foot lot with the garage at grade and the residences above.
The unit mix, from Department of Finance unit areas:
- Floors 2 through 5, lines A, C, D and F: one-bedroom-scale units of about 640 to 650 square feet.
- Floors 2 through 5, lines B and E: larger units of about 1,120 square feet.
- Sixth floor, 6A–6D: four units of about 1,240 square feet each, the building's largest.
City records show some owners holding adjacent units, so a few apartments may have been combined; confirm the legal layout of any unit you are considering. No residences are at ground level.
The parking units are the practical feature. The 21 spaces are separate condominium interests with their own tax bills and common-charge allocations. Most are owned by residence owners in the building. The contract and recorded instrument must expressly identify any included parking interest; separate legal interests do not necessarily require separate deed instruments.
Building operations
No financial statements or budget for the condominium were located in the records reviewed. The building has 28 residences and 21 parking units; confirm the operating model — managing agent, contracted services — and the percentage interests that allocate common charges. Ask for the current budget, the two most recent financial statements, the reserve balance and any assessment history before contract. A building of this age with a garage at grade has capital items to ask about, roof membrane and garage waterproofing among them; ask what has been done and what is planned.
The tax position
The documented 421-a phase-out is complete; its rank among carrying-cost changes requires the actual tax and operating history. Department of Finance records show a 15-year 421-a exemption on every unit in the condominium (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 2008/09, covered the full added value through 2018/19, and then stepped down over the final four years. It ended with the 2022/23 tax year. From 2023/24 onward every unit has been fully taxed.
The step-down is visible on the roll: on a typical 2A-line unit, the exempt value fell from about $36,000 of assessed value in 2020/21 to about $12,000 in 2022/23 and to zero in 2023/24. Owners absorbed the increase over those four years. Buyers today pay the full bill with no further scheduled step-up.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $499 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.87 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- GarageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
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.
See full Local Law 97 analysis →Recent sales
170 North 11th Street trades as 2007 Northside new-development condominium product, priced in dollars per square foot. Its natural peers are the six-story mid-rises built after the 2005 rezoning between Berry Street and Driggs Avenue. The Kent Avenue towers are a separate market. Three things move value inside the building: floor, since the sixth-floor units are the largest; line, since the B and E lines are nearly twice the size of the others; and whether a parking unit comes with the apartment. Any private outdoor space should be confirmed against the declaration's floor plans. Because the 421-a has fully expired here, the comparison against buildings nearby that still carry a benefit favors this building on predictability: the current tax bill is the real one. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 7, 2025 | 3D | 1 BR · 1 BA · 695 sf | $1,100,000 | $1,583/sf | -8.3% |
| Feb 28, 2025 | 3A | 1 BR · 1 BA · 682 sf | $1,050,000 | $1,540/sf | -4.5% |
| Jun 24, 2024 | 6D | 2 BR · 2 BA · 1,251 sf | $2,165,000 | $1,731/sf | +0.7% |
| Nov 17, 2023 | 2E | 2 BR · 2 BA · 1,130 sf | $2,040,000 | $1,805/sf | +2.3% |
| May 25, 2021 | 4A | 1 BR · 1 BA · 686 sf | $899,000 | $1,310/sf | +3.6% |
| Apr 22, 2021 | 4D | 1 BR · 1 BA · 668 sf | $910,000 | $1,362/sf | +0.0% |
| Jan 26, 2021 | 3F | 1 BR · 1 BA · 689 sf | $810,000 | $1,176/sf | +1.4% |
| Jun 20, 2019 | 2C | 1 BR · 1 BA · 682 sf | $885,000 | $1,298/sf | +4.1% |
Market read. Most recent trades (2025) cleared a median $1,553/sf (floor-adjusted) across 2 sales. 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 -0.5% over 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 3-02298-7501; 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.
Closed rents at Lucent, from the condominium's recorded name, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 4 | $5,600 |
| 2 bedroom | 3 | $8,395 |
7 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Lucent, from the condominium's recorded name and nearby.
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.
Keep up with Lucent, from the condominium's recorded name and its market
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What to know if you’re buying
Price parking separately. If a space is offered, identify its separate condominium interest, taxes and common charges, and confirm transfer restrictions and the deed schedule. If it is not offered, ask whether any owner is selling one.
The tax bill you see is the full bill. The 421-a ended with 2022/23. There is no remaining step-up to model, which makes this simpler than many Northside buildings of the same age.
Ask for the documents missing from this review. We located no offering plan, by-laws or financial statements. Request the by-laws (for any right of first refusal, leasing rules and pet policy), the current budget and the latest audited statements.
Confirm combined units. Where adjacent units share an owner, check whether they were legally combined before relying on the layout or the tax lot.
What to know if you’re selling
Lead with location and parking. Describe the McCarren Park proximity and any included parking interest, with its actual access and transfer terms, without an unsupported scarcity comparison.
Show the full-tax figure. Buyers comparing against buildings still in abatement need to see that your tax number will not rise on a schedule.
Prepare the title and tax records for both interests. An apartment and parking unit are separate legal interests that may be conveyed in one instrument; identify both in the contract and deed schedule and provide their tax bills.
Comparable buildings
If you're considering 170 North 11th Street, also evaluate:
- 135 North 11th Street — Gene Kaufman's later two-building condominium a block west, with a 421-a benefit ending in 2027
- 125 North 10th Street — a 2007 six-story Northside condominium with garage parking and cabanas
- Warehouse 11 (214 North 11th Street) — a larger six-story Northside condominium of the same generation with deeded parking
- Sevenberry (120 North 7th Street) — a 27-residence 2007 condominium with deeded parking and a 421-a benefit that ended in 2024
- 100 North 3rd Street (100 N3 Lofts) — a 24-residence condominium whose 15-year 421-a ended after 2023/24
- 70 Berry Street — a 38-residence Northside condominium with deeded parking and an expired 421-a
- 415 Leonard Street — a 54-residence condominium south of McCarren Park with separately deeded parking
- North8 (49 North 8th Street) — a 40-residence condominium with deeded parking units
More Williamsburg buildings
- 167 Devoe Street — 1901 condominium
- 17 North Henry Street — condominium
- 170 Broadway, Brooklyn (The Broadway Arms Condominium) — 2002 condominium
- 170 South First Street — 2015 condominium
- 170 Williamsburg Street East — condominium
- 171 North 1st Street — 2021 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.
Considering a move at Lucent, from the condominium's recorded name?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com