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Condominium · 2006
Bridgeview Towers
26 Broadway, Brooklyn, NY 11249
Buildings·Condominium

26 Broadway, Brooklyn (Bridgeview Towers)

26 Broadway, Brooklyn, NY 11249

BBL 3021297507 · BIN 3424338

At a glance
Year built
2006
Type
Condominium
Units
32
Floors
7
Landmark
No
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at Bridgeview Towers 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 one of the earliest condominiums on the South Side waterfront. It was built before the 2005 rezoning redrew Williamsburg's riverfront, and before the Domino site across Kent Avenue became the district's main development story. The permit was filed in 2004 and 24 of its 32 apartments sold in 2007. That timing gives it one fact that newer South Side condominiums rarely match. Its 421-a exemption is a 25-year benefit that started in 2009 and will not fully end until the 2033/34 tax year. For a buyer in 2026, that means three more tax years at the full benefit, then a scheduled four-year climb to the full bill.

The second fact is scale. The building has 32 homes. The 58 figure repeated in some city data and listing records counts every tax lot in the condominium, including 24 garage spaces and two commercial units. A 32-unit building has a small common-charge base. Any capital project is shared across few owners, and the commercial and garage units carry part of the budget depending on how the declaration allocates common interest.

Third, the sponsor still owns part of the condominium, but none of the homes. Every apartment has a first deed out of Bridgeview Investors, LLC. The last two apartments sold in 2019. The sponsor still holds the retail unit, the office unit and 9 of the 24 parking units on the current roll. It is not a rental wrapper. The residential lots are classed R4 (condominium apartments in an elevator building), not RR (condominium rentals). But a single owner of the commercial space has a vote and a common-charge stake that a buyer should understand.

Architecture and unit composition

The building rises seven stories on a 12,247-square-foot lot, with retail and office space at grade and parking inside the envelope. The apartment lots start on the second floor. There are four units on the second floor, seven on each of the third and fourth, six on the fifth, and four each on the sixth and seventh. The smaller counts on the top two floors are consistent with setback floors and larger top-floor layouts. Confirm terrace rights unit by unit against the floor plans and declaration, not listing copy.

Residential floor area averages a little under 1,000 square feet per apartment across the 32 units, which points to one- and two-bedroom apartments rather than family-sized layouts. Exposure is the main differentiator. Upper-floor units facing the river and the bridge are a different product from lower units facing inland.

Department of Buildings records show routine façade and parapet repair work signed off in 2016, along with sidewalk-shed and scaffold permits in 2013–2015. In 2015–2017 the ground-floor commercial space was converted and fitted with kitchen exhaust and fire suppression, which is consistent with food-service use.

Building operations

The 421-a schedule, worked out from the Department of Finance record. The exemption is a 25-year, no-cap 421-a benefit, first effective in the 2009 tax year. Under the statute's 25-year schedule, the benefit stays at 100 percent for 21 years and then steps down 20 points a year for four years. The Department of Finance labels each tax year by the year in which it ends; read that way, the same record correctly reproduces the 2025/26 expiry of the 15-year benefits at Clermont Greene and Isabella. Applied here, full exemption runs through 2028/29, the phase-out runs across 2029/30 to 2032/33, and full taxes begin with the 2033/34 tax year, starting July 1, 2033. This is our reading of the statute against the DOF record, not a DOF-published schedule. Have the buyer's attorney confirm it against the unit's exemption detail before pricing.

No regulatory agreement found. A 25-year term on a mid-2000s project is often tied to affordability or location conditions. ACRIS indexes no declaration of restrictions or regulatory agreement against the apartment lots, and every apartment sold to an unrelated buyer. Ask the managing agent or the condominium's counsel what eligibility the benefit rests on, and whether any continuing obligation runs with it.

Finances. No audited statements are on file. Because the sponsor still owns the commercial units and part of the garage, ask for the current budget, how common charges are split among residential, commercial and parking units, the reserve balance, and whether the sponsor is current on its charges.

Capital and compliance. The building is now about 20 years old. Its roof membrane, elevator and façade (under its Local Law 11 cycle) are at the age when capital questions come up. Ask for the current façade report and any planned work.

Recent sales

Bridgeview Towers trades as a small, abated, mid-2000s South Side condominium. Benchmark it on a dollars-per-square-foot basis against Williamsburg's condominium stock of the same generation, not against the new waterfront towers or the converted factory lofts. Resale activity has been steady but thin, typically a few sales a year from a 32-unit base, so pricing leans on a small number of prints. The distortion to correct for is the tax line. Today's near-zero building tax is temporary and scheduled. A buyer holding for more than a few years will pay a materially higher tax from the 2029/30 tax year onward, and pricing should reflect the full True Monthly Carrying Cost across the hold period. 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.

405+11%
$745,000 2017 → $825,000 2024
406+6%
$1,350,000 2019 → $1,435,000 2023
302+0%
$1,345,500 2021 → $1,350,000 2023
401-1%
$1,360,000 2017 → $1,350,000 2019
702-15%
$975,000 2021 → $831,948.34 2025

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Aug 20, 2026501$1,675,000
Nov 24, 2025702$831,948.34
May 23, 2024405$825,000
Sep 14, 2023406$1,435,000
Jun 26, 2023302$1,350,000
Oct 4, 2022404$860,000
View all 22 recorded sales, sortable

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 3-02129-7507) 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

Model the tax step-up year by year. The phase-out starts in the 2029/30 tax year and ends with full taxes in 2033/34. Run carrying costs across your expected hold, not just year one.

Count 32, not 58. The common-charge base is 32 apartments plus the commercial and garage units. Ask how common interest is split among them.

Understand the sponsor's remaining position. The sponsor owns the retail and office units and nine parking spaces. Ask whether it is current on common charges and how it votes.

Confirm parking separately. Garage spaces are their own deeded units. A space is not part of an apartment unless the deed includes it.

Get the policy stack in writing. Pets, leasing minimums and financing terms appear only in listing records.

What to know if you’re selling

Show the tax schedule up front. Buyers' attorneys will find the phase-out. Presenting it with a True Monthly Carrying Cost projection is stronger than letting it come up in diligence.

Lead with the abatement's remaining years. Three more years at the full benefit, then a four-year phase-out, is an advantage few competing South Side resales can offer.

Have the documents ready. With no plan on file publicly, a current budget, reserve figure and by-laws shorten the buyer's diligence.

Comparable buildings

If you're considering Bridgeview Towers, also evaluate:

More Williamsburg buildings

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 Bridgeview Towers?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com