171 Calyer Street (The Calyer)
171 Calyer Street, Brooklyn, NY 11222
BBL 3025737501 · BIN 3427354
- Year built
- 2022
- Type
- Condominium
- Units
- 21
- Floors
- 6
- Landmark
- Designated
Every recorded sale at this building, 2024–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,617
- Listing discount
- 0.0%
- Recorded sales
- 23
- On record
- 2024–2025
Start with the tax line, because it inverts the assumption most buyers bring to a 2020s Brooklyn condominium. Nearly every new condominium delivered in Brooklyn in this era carries some form of 421-a, and buyers price accordingly — a low current bill, a step-down schedule, a known cliff. 171 Calyer has none of it. Department of Finance exemption records return zero exempt value across all fifty unit lots for every year the condominium has existed. The tax bill an owner sees today is the fully assessed bill. There is no abatement to run out, no phase-down to model, and no repricing event waiting in 2030 or 2035.
That is a genuine advantage and it is routinely undersold. A buyer comparing 171 Calyer against an abated building three blocks away is comparing a stable carrying cost against a temporarily suppressed one, and the correct comparison is against the other building's post-abatement number, not its current one. A seller here should make that argument explicitly, because the current-bill comparison flatters the competition.
The second thing to understand is that this building exists because the Landmarks Preservation Commission said it could — twice, and the second time only with changes. The site sits inside the Greenpoint Historic District, and the developer's first proposal was rejected. In February 2020 the Commission heard an application for a seven-story, thirty-three-unit mixed-use building and sent it back: too tall, too massive for the district, and the metal cladding proposed for the top two floors was wrong for the streetscape. The revised scheme returned that autumn. On September 15, 2020, the Commission approved the Certificate of Appropriateness with modifications by a vote of 10-0-1, and even in approving it required that the height of the Calyer Street façade be reduced further and that its fenestration and material finishes be restudied with staff.
The findings are worth reading because they explain what the finished building looks like. The Commission accepted a larger building here on the specific ground that a larger building had stood here before: the lot was formerly occupied by the Greenpoint Theater, built in 1907, later a vaudeville house and then a movie house, with a one-story commercial building put up around 1960 on part of the site. It found that the red brick and varied coursing would harmonize with the residential buildings on Lorimer Street, that the varying cornice line would break the Calyer Street massing down to the scale of its neighbors, and that setting the penthouse floor back would keep it from drawing attention. What a buyer sees today — the brick, the stepped cornice, the recessive top floor, the residentially scaled ground-floor openings on the Lorimer side — is a direct transcript of that decision.
Third: the building as built is smaller than the building that was first proposed, and the public record still carries the older numbers. Early coverage described thirty-three units and roughly 70,000 square feet. The approved and completed building holds 21 apartments in 38,053 square feet of building area. If a data feed tells you fifty units, it is counting apartments, parking, storage and retail together.
Architecture and unit composition
The condominium fills a corner lot of 9,600 square feet, 96 feet along Calyer by 100 feet deep, with the ground floor given over to two retail units — 4,820 and 1,994 square feet — and a cellar-level garage reached through the Lorimer Street curb cut that predated the project. Six stories rise above, with residences beginning on the second floor.
The stack is compact and legible. Floor two holds five apartments (the A through E lines), floor three holds seven, floor four holds four, floor five holds four, and a single penthouse occupies the set-back top level. Department of Finance records the apartments between 778 and 2,160 square feet, with a median near 1,530 — a distribution weighted heavily toward genuine two- and three-bedroom homes rather than the studio-and-one-bedroom mix that dominates most Greenpoint new construction of this size. The third and fourth floors carry the largest homes; the fourth floor alone holds three apartments over 1,600 square feet, one of them 2,160.
Note one gap in the line lettering: there is no 5B on the tax roll. Buyers should confirm the current common-interest schedule against the recorded declaration rather than assuming a continuous alphabet.
Interiors and common spaces were designed by PKSB alongside the building. The lobby is finished in Calacatta marble with Lagos blue limestone and lacquered maple and polished nickel pendants. The roof level carries the common deck, its grill package and paver terrace, and the bicycle storage — an unusual placement, and one worth seeing before an offer, since it means hauling a bicycle to the top of the building rather than to the cellar.
Building operations
This is a boutique condominium at a scale that does not usually carry staff. Neither the public record nor the project's own description of the property documents a doorman or an attendant's desk, and this page will not assert either way. Package handling, access control and service coverage should be confirmed with the managing agent, because at 21 apartments the common-charge base is thin and the service model is a board decision rather than a fixed feature.
Two items in the Buildings record belong in a diligence file.
The building is still on a temporary certificate of occupancy. The initial TCO issued January 22, 2024, and it has been renewed continuously since — fourteen certificates through the most recent renewal on August 3, 2026. No final certificate of occupancy has been issued. A TCO in serial renewal is common in new Brooklyn condominiums and is not by itself alarming, but it is a live condition: lenders occasionally ask about it, and a buyer should ask the managing agent what remains outstanding and what the sponsor's obligation is to close it out.
The commercial space has been fitted out for a daycare. An alteration filed in August 2024 covers plumbing, sprinkler, HVAC and mechanical modifications to coordinate with a new daycare fit-out in the ground-floor commercial area, with permits carried into 2025. That is a use worth knowing about — it produces morning and afternoon activity at the base of the building — and the retail units are separately owned condominium units, so their tenancy is not within the residential owners' control.
One open Environmental Control Board violation stands against the building as of this writing: a Class 2 issued August 14, 2025 for an expired fire-extinguisher tag and missing elevator cab mirrors. Two 2024 Department of Buildings violations for late energy benchmarking and a late energy-efficiency report were both dismissed. None of this is structural; all of it is the ordinary administrative churn of a young building, and a buyer should simply confirm current status with the managing agent.
Policy framework
Purchaser review: Condominium mechanics — a board right of first refusal rather than cooperative-style approval, and no board interview. Closings in the 30-to-45-day range are typical.
Property taxes: No exemption of any kind on any unit lot. The bill is the fully assessed bill. Model it as a fixed carrying cost rather than a step-down schedule.
Parking and storage: Deeded condominium units with their own tax lots, not licenses. Twelve parking units and fifteen storage units exist against twenty-one apartments, so most but not all apartments can be paired with one. A deeded space is a separately transferable asset and should be priced and title-searched as one — confirm in writing whether a specific apartment conveys with a parking or storage unit, and whether that unit is subject to any restriction on transfer to non-residents of the building.
Landmark review: Any change visible from the street — windows, storefronts, roof-level installations, mechanical equipment, signage — requires Landmarks Preservation Commission approval. This applies to unit owners as well as to the condominium.
Pets, subletting, pied-à-terre and flip tax: No offering plan for this condominium is on file in The Roebling Research Library, and this page will not assert house rules it cannot document. 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. Confirm the pet policy, minimum lease term, sublet procedure and any transfer fee with the managing agent before making an offer that depends on them.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $16,853/yr
- Per unit / month range
- $0 – $37
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
171 Calyer trades as a boutique Greenpoint new-development condominium with an architect-signed, Landmarks-approved masonry exterior, a unit mix skewed to family-sized layouts, deeded parking and storage, and an unabated tax line. It prices in dollars per square foot against Greenpoint's post-2015 condominium tier — not against the neighborhood's frame-house and small-conversion stock, which trades on a different logic entirely.
Two variables drive negotiation here more than finish level. The first is the tax position: a buyer who has been shopping abated inventory will read the bill as high until the comparison is set correctly against those buildings' post-abatement numbers. The second is line and floor. A 778-square-foot third-floor apartment and a 2,160-square-foot fourth-floor apartment in the same building are different assets, and comparables must match on floor, exposure and size before they carry weight. Indexed to 2025, the last complete year, this remains one of the more carefully built small condominiums inside the Greenpoint Historic District, and the argument for it is durability of carrying cost rather than a temporary tax advantage. 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 |
|---|---|---|---|---|---|
| Nov 17, 2025 | 4C | 4 BR · 3.5 BA · 2,160 sf | $3,583,629 | $1,659/sf | -6.9% |
| Sep 25, 2025 | 4B | 4 BR · 3 BA · 2,051 sf | $3,399,000 | $1,657/sf | -13.9% |
| Aug 27, 2025 | 4D | 3 BR · 3 BA · 1,608 sf | $2,350,000 | $1,461/sf | -1.9% |
| Apr 1, 2025 | 2E | 2 BR · 3 BA · 1,531 sf | $2,250,000 | $1,470/sf | +4.7% |
| Feb 20, 2025 | 5D | 2 BR · 2.5 BA · 1,238 sf | $1,999,000 | $1,615/sf | -0.0% |
| Feb 14, 2025 | 5E | 2 BR · 2 BA · 981 sf | $1,595,000 | $1,626/sf | +0.0% |
| Feb 13, 2025 | 3F | 3 BR · 2.5 BA · 1,313 sf | $1,999,000 | $1,522/sf | +0.0% |
| Feb 3, 2025 | 5A | 3 BR · 3 BA · 1,611 sf | $2,607,500 | $1,619/sf | +0.5% |
Market read. Most recent trades (2025) cleared a median $1,617/sf across 8 sales. 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 3-02573-7501) 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, and that is the whole underwriting question. Verify it yourself on the current tax bill, then run the comparison against the post-abatement carrying cost of every abated building you are also considering. That is the only apples-to-apples number.
Confirm whether parking or storage conveys. Both are deeded condominium units with their own tax lots. Get the unit number, the deed and the common-interest allocation in writing rather than relying on a listing description.
Ask about the temporary certificate of occupancy. It has been renewed fourteen times since January 2024. Ask the managing agent what is outstanding, who is responsible for closing it, and whether the sponsor retains any obligation.
Landmarks governs the exterior. Window replacement, any roof-level installation and anything visible from Calyer or Lorimer requires a Commission permit. Budget time, not just money.
Get the house rules in writing. No offering plan for this building is on file here. Pets, minimum lease terms and any transfer fee are the three questions most likely to decide a deal, and they must come from the managing agent.
What to know if you’re selling
Lead with the tax line, don't apologize for it. "No abatement to expire" is a stronger position than most sellers in Greenpoint can claim, and it needs to be stated as a feature with the comparison math attached.
Sell the Landmarks record. The Commission rejected the first scheme and approved the second with further modifications. The brick, the stepped cornice and the set-back penthouse are the product of that review. That is a credible quality story with a public document behind it.
Sell the size. A median apartment near 1,530 square feet in a 21-unit Greenpoint condominium is scarce. Anchor to the largest comparable layouts in the neighborhood, not to the one-bedroom volume.
Package the deeded parking or storage separately. If the apartment conveys with either, present the deed. Buyers coming from license-based buildings will value a deeded space more once the difference is explained.
Be ready for the TCO question. A prepared answer with a timeline beats having a buyer's attorney raise it in week three.
Comparable buildings
If you're considering 171 Calyer Street, also evaluate:
- The Huron (29 Huron Street) — the closest peer for a design-led Greenpoint condominium of recent vintage
- The Greenpoint (21 India Street) — the neighborhood's full-service tower and the amenity comparison a buyer will make
- 50 Greenpoint Avenue — the other contemporary Greenpoint condominium of comparable delivery era
- 125 North 10th Street — the Northside Williamsburg alternative at a similar boutique scale
- Warehouse 11 (214 North 11th Street) — the abated Williamsburg comparison; useful precisely because its tax position is the opposite of this one
- 450 Warren Street — the other recent Brooklyn condominium built without an abatement, in Gowanus
- One Northside Piers (1 Northside Piers) — the waterfront full-service alternative for buyers weighing services against scale
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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