258 Richardson Street
258 Richardson Street and 252 Richardson Street, Brooklyn, NY 11211
BBL 3028577501 · BIN 3387778
- Year built
- 2005
- Type
- Condominium
- Units
- 12
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 258 Richardson Street 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.
This is a small, plain, self-managed condominium of the 2005 Williamsburg generation, in the same group as the walk-up and low-rise condominiums the 421-a program produced across north Brooklyn in those years. Two identical three-story buildings share one condominium, one board and one set of common charges.
The sponsor filed both new-building applications in November 2002, closed the first apartments in the spring of 2005 and finished its first sales by January 2006. ACRIS records a sponsor deed to a separate buyer for ten of the twelve apartments, and the other two are now held by individual owners on the Department of Finance roll. The offering plan let the sponsor rent units if sales ran below 90 percent of its offering prices. There is no sign it held any back, and no apartment is in sponsor hands today. The building passes the for-sale test.
The fact that matters most now is tax. The 421-a exemption that kept taxes low for the building's first fifteen years is gone, and resale buyers pay full Class 2 taxes.
Architecture and unit composition
Each building has two apartments per floor on three floors over a cellar. Per the Department of Finance roll, the second-floor apartments are the smallest, at about 1,034 to 1,072 square feet. The first-floor apartments run about 1,640 to 1,670 square feet, and the third-floor apartments about 1,405 to 1,873. That pattern suggests the ground-floor apartments include cellar space and the top-floor apartments include upper-level or roof space. The offering plan says some roof terraces belong to the individual apartments. Confirm with the floor plans which apartments have what.
The plan warns of lot-line windows that a neighboring owner could block in the future. Check any apartment with lot-line windows. At delivery the sponsor supplied a refrigerator, range and oven, microwave and dishwasher. Laundry machines, blinds and shades were left to buyers.
Building operations
The 421-a has expired. The Department of Finance exemption roll records code 5113, the 15-year 421-a program, on all twelve apartments, with a 2002 base year and a benefit start of 2007. That is three years later than the July 2004 start the offering plan projected. The exemption stepped down in its final years and reached zero on the 2022 roll. No exemption appears from 2023 on. Some owner-occupants receive the city's co-op and condo abatement.
At the 2026/27 taxable assessments and a Class 2 rate of roughly 12.5 percent, we estimate about $10,000 a year for a second-floor apartment and about $14,000 for the larger apartments. That is our estimate from the roll, not a bill. Check the current bill for the specific unit.
The building has no staff and, as a twelve-unit condominium, a small budget. Roof, facade and party-wall maintenance for two twenty-year-old buildings fall on twelve owners. No audited financial statements are on file in The Roebling Research Library. Get the current budget, reserve balance and any recent capital work from the board or managing agent.
Recent sales
The sponsor's 2005–06 prices were set by floor, with the second-floor apartments lowest. Resales have run steadily since 2007. Two third-floor apartments resold in 2026, and the August 2026 sale is the building's highest recorded price, well above the January 2026 sale. Third-floor apartments differ in size by building, so compare like for like. 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 |
|---|---|---|
| Aug 25, 2026 | 3A | $1,850,000 |
| Jul 19, 2022 | 3A | $1,550,000 |
| Feb 10, 2020 | 1B | $1,200,000 |
| Feb 19, 2016 | 3B | $1,200,000 |
| Aug 28, 2015 | 2B | $810,000 |
| Jun 15, 2006 | 1B | $661,862.5 |
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 3-02857-7501) 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
Budget full taxes. The benefit is gone. What you see on the current bill is the real number, plus annual assessment growth.
Read the plan's leasing and first-refusal terms. Leasing is unrestricted apart from the board's right of first refusal, which is useful for flexibility. Some lenders ask for the building's owner-occupancy figure, so get it from the managing agent early.
Ask what the building has spent. A twelve-unit, self-managed building can go years without capital work. Ask for the roof and facade history and the reserve balance.
What to know if you’re selling
Price by floor. The three floor types trade in different ranges. Your comparables are same-floor resales in this building first.
Show the carrying cost. With the 421-a finished, taxes are stable. Buyers comparing with buildings still in phase-out will see no scheduled increase from a burn-off here.
Comparable buildings
- 98 Havemeyer Street: Williamsburgh Mews, three 2002 walk-up buildings in one condominium, 421-a still phasing out
- 136 Powers Street: a 20-residence Williamsburg walk-up condominium completed in 2007
- 135 Jackson Street: seven four-story buildings on Jackson Street, fully taxed after the 15-year 421-a ran out
- 15 Lynch Street: a 12-apartment South Williamsburg condominium of 2005–06, 421-a expired on the fiscal 2022 roll
- 119 Lorimer Street: a 14-apartment 2005 condominium with the same 421-a expiry
- 2 Bayard Street: a 19-apartment condominium facing McCarren Park whose 15-year 421-a ended in 2022
More Williamsburg buildings
- 242 South 1st Street (Lofts1) — 1911 condominium
- 251 South 3rd Street — 2013 condominium
- 256 North 9th Street — 2022 condominium
- 26 Broadway, Brooklyn (Bridgeview Towers) — 2006 condominium
- 270 Wallabout Street — 2005 condominium by Karl Fischer Architects
- 275 Manhattan Avenue — 2009 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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