270 Wallabout Street
270 Wallabout Street, Brooklyn, NY 11206
Williamsburg, Brooklyn
BBL 3022647518 · BIN 3378371
- Year built
- 2005
- Type
- Condominium
- Units
- 28
- Floors
- 7
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Every recorded sale at this building, 2006–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2020
- $272
- floor-adjusted, 1 sale
- Recorded sales
- 18
- On record
- 2006–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 270 Wallabout 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.
Block 2264, bounded by Wallabout Street, Marcy Avenue, Flushing Avenue and Lee Avenue, holds more than twenty condominium billing lots, most of them small mid-2000s regimes built in pairs. Several carry the Garden Estates name. 270 Wallabout Street is Garden Estates #1, and it is easy to misfile: the tax roll lists it under 268 Wallabout, the building people ask about is 270, and the two are one condominium.
The second point is the tax position. The building's 15-year 421-a has run its full course. Every unit lot shows a zero exemption from the fiscal 2023 roll onward, so that specific exemption phase-out no longer creates a scheduled increase; assessments, rates and other benefits can still change the bill.
The reviewed deeds show Garden Holdings, LLC conveying all 28 apartments between March 2006 and June 2007 to separately named buyers. That history does not establish unrelated beneficial ownership, present sponsor holdings, rental occupancy or board control; confirm the current schedules and governing documents.
Architecture and unit composition
Two seven-story buildings by Karl Fischer, filed the same day in 2002 and signed off together in 2006. The plans are close to identical. Each stacks two apartments per floor. On floors two through six the A line is about 1,224 square feet at 268 and 1,200 at 270, and the B line about 1,172 at 268 and 1,197 at 270. The ground floor is where the two buildings differ: at 268, 1A is about 1,315 square feet and 1B about 1,087; at 270 the order reverses, 1A about 1,115 and 1B about 1,315. The seventh floor is the smallest level in both buildings at about 900 to 950 square feet a unit.
A single owner holds 6A and 6B at 270, and another holds 7A and 7B at 268. Whether either pair has been physically combined is not documented in the records reviewed; the unit lots remain separate on the tax roll.
Bedroom counts, exposures and outdoor space are not documented in the records reviewed and should be read from the floor plans.
Building operations
The 421-a has expired. The Department of Finance exemption file shows a 15-year 421-a exemption (code 5113) on all 28 unit lots, from a 2002 base year with benefits starting in fiscal 2008. The exempt amount roughly halved between the fiscal 2021 and fiscal 2022 rolls and is zero from fiscal 2023 onward. The fiscal 2027 roll shows no exemption of any kind.
At the fiscal 2027 assessments and a Class 2 rate of roughly 12.5 percent, that works out to about $7,000 to $7,500 a year on the seventh floor, about $9,000 to $10,500 on floors two through six, and about $12,000 to $16,000 on the ground floor, where the assessments run well above the upper floors. Units at 270 are assessed slightly higher than the matching units at 268. These are our estimates from the roll, not bills. Ground-floor owners may want a tax certiorari attorney to look at that gap.
Operating detail (staffing, the budget, reserves, any assessments and the capital record of a 20-year-old building) is not documented in the records reviewed. On a building of this age, ask about roof, facade and mechanical replacement cycles.
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2010–15 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Resales are infrequent. ACRIS shows roughly one deed a year across 28 apartments since the sellout, and many of those are transfers between family members or into trusts and LLCs rather than market sales. Many apartments have never resold. The building trades against South Williamsburg's mid-2000s condominium stock, not against the new construction of the 2020s. Within that set, the variables are size, floor and condition, and most of the cohort has come off its 421-a, which puts the tax comparison close to even. Against newer abated stock the comparison runs the other way until those abatements burn off. 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 |
|---|---|---|---|---|
| Jul 11, 2025 | 2A | $1,400,000 | ||
| Nov 25, 2020 | 1A | 1,115 sf | $300,000 | $269/sf |
| Nov 28, 2016 | 3B | 1,197 sf | $560,000 | $468/sf |
| Apr 13, 2016 | 5A | 1,200 sf | $560,000 | $467/sf |
| Jan 12, 2007 | 1ASponsor Sale | 1,115 sf | $415,740 | $373/sf |
| Sep 5, 2006 | 2ASponsor Sale | 1,200 sf | $296,800 | $247/sf |
| Aug 1, 2006 | 7ASponsor Sale | 929 sf | $205,000 | $221/sf |
| Jun 26, 2006 | 1BSponsor Sale | 1,315 sf | $440,000 | $335/sf |
Market read. $/sf is measured on the latest sales with reliable square footage (2020): a median $272/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2025.
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 3-02264-7518; 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 270 Wallabout Street 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.
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What to know if you’re buying
Identify the lot, not the name. Your contract, title report and lender file should carry billing lot 7518 and the specific unit lot: 2201–2214 for 268 Wallabout, 2215–2228 for 270. Several Garden Estates condominiums share this block, and the tax roll's address differs from the one on the door.
Use the current tax bill as a starting point. The reported 421-a exemption has expired, so that phase-out no longer creates a scheduled increase; assessments, tax rates and other benefits can still change.
Get the documents from the managing agent. No offering plan was located. Pets, leasing rules, any resale contribution, the budget and reserves all have to come from the managing agent and the governing documents.
Confirm the certificate of occupancy. It is not in the digitized record. Your attorney should pull it from the Department of Buildings.
What to know if you’re selling
Present the tax bill plainly. Buyers comparing against abated buildings will ask. Provide the current bill and documented 421-a history; expiration of that benefit does not guarantee unchanged future taxes.
Price by floor. With identical stacks on floors two through six, the comparison within the building is clean. The seventh-floor and ground-floor units need their own comparables.
Comparable buildings
- 434 Marcy Avenue: Garden Estates Condominium #5 on the same block, same sponsor, same architect and the same expired 15-year 421-a, with larger apartments
- 330 Wallabout Street: a 2020s condominium a block east on Wallabout Street with large-format apartments and no abatement; the new-construction alternative
- 342 Wallabout Street: the neighboring new condominium on the former Pfizer block, still in sponsor sell-out
- 20 Bayard Street (The Bayard Views): a Karl Fischer condominium whose 15-year 421-a reached zero on the fiscal 2025 roll; the same tax position, a few years later
- 415 Leonard Street: a seven-story Williamsburg condominium with an expired 421-a
- 440 Kent Avenue (Schaefer Landing North): the established South Williamsburg waterfront alternative of the same era
More Williamsburg buildings
- 26 Broadway, Brooklyn (Bridgeview Towers) — 2006 condominium
- 26 Monitor Street — 2006 condominium
- 267 Ainslie Street — condominium
- 275 Manhattan Avenue — 2009 condominium
- 280 Metropolitan Avenue — 2016 condominium
- 29 Havemeyer 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 270 Wallabout Street?
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646.939.7375 · c.cohen@compass.com