279 First Street
279 First Street, near Fifth Avenue · Park Slope
BBL 3009640057 · BIN 3020601
- Year built
- 1921
- Type
- Cooperative
- Landmark
- No
- Amenities
- Bicycle storage and basement storage; private garden or roof space with selected homes
- Financing
- Up to 90% has been permitted — confirm with the managing agent.
Every recorded sale at this building, 2004–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $728K
- Recent range
- $690K – $1.3M
- Listing discount
- -0.8%
- Recorded transfers
- 32
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A Private Pricing Opinion — what your apartment at 279 First 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.
279 First Street is a four-story cooperative whose one- and two-bedroom apartments include several forms of private outdoor space. Garden homes occupy the lower portion of the building, while selected upper apartments have roof rights and private decks. Twelve residences share the walk-up near Fifth Avenue.
FD-279 Associates sponsored the cooperative rehabilitation offering, which the Attorney General accepted in February 1987. It became effective in April of that year. The offering covered twelve homes, matching the current residential count.
Architecture and unit composition
City records date the building to 1921. The smaller one-bedroom layouts are commonly around 600 square feet, while two-bedroom examples extend into the seven hundreds. Some apartments use split-bedroom arrangements, with the living area between the bedrooms.
Some homes retain high ceilings, original moldings and wood-burning fireplaces. In-unit laundry has been installed in a number of apartments, and some have exposures on several sides.
Outdoor access changes by position. Lower homes can open to a private rear garden. A top-floor two-bedroom layout has a private roof deck reached one flight above its living level. That route places the outdoor area on a separate level from the apartment itself.
Building operations
Bicycle storage and basement storage supplement the apartments. Dedicated storage has accompanied individual sales, with allocation tied to the particular home. The building remains a walk-up across its four floors.
The cooperative is a Class 2 property without capped assessment growth. No building tax abatement is recorded. Its existing floor-area ratio exceeds the current R6B residential allowance.
Recent sales
Recent transfers 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 26, 2025 | 4C | 2 BR · 1 BA | $985,000 | -1.0% | |
| May 23, 2025 | 2C | 2 BR · 1 BA · 768 sf | $970,000 | $1,263/sf | +7.8% |
| May 21, 2025 | 3B | 1 BR · 1 BA | $745,000 | +0.0% | |
| Jun 20, 2024 | 1B | 1 BR · 1 BA | $777,000 | +5.7% | |
| Feb 8, 2024 | 4B | 1 BR · 1 BA | $710,000 | +1.6% | |
| Jan 12, 2024 | 3C | 2 BR · 1 BA | $850,000 | +0.0% | |
| Mar 24, 2023 | 1C | 2 BR · 1.5 BA | $1,300,000 | +13.0% | |
| Feb 15, 2023 | 4B | 1 BR · 1 BA | $690,000 | -1.1% |
Market read. Most recent trades (2025) cleared a median $1,263/sf across 1 sale. Median listing discount -0.4% 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 3-00964-0057) 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 on co-ops is not officially recorded, figures shown are approximate.
At the recent median sale of $970K (3 transfers since 2024), a buyer putting 25% down would pay about $12,188 to close, or 1.3% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $12,188
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
A private roof deck is attached to selected ownership interests. The right to occupy that area and responsibility for maintaining the underlying roof are separate questions. For a roof-rights home, the lease's repair allocation and access provisions matter when the cooperative undertakes roofing work or needs to remove deck surfaces.
Comparable buildings
- 240 Eighth Street — A small prewar cooperative with a similar ownership scale.
- Sterling Atrium — A low-rise cooperative with an unusual building arrangement and limited inventory.
- 904 Union Street — A prewar cooperative with a closely comparable residential count and height.
- The Milk Factory — A larger cooperative conversion nearby for comparing interior volume and shared costs.
- The Presidential — A larger prewar cooperative with more apartments contributing to common expenses.
More Park Slope buildings
- 270 Fifth Street (The Milk Factory) — 1911 co-op
- 275 Sixth Avenue — 1920 condominium
- 276 13th Street (5 One 5 Condominiums) — 2008 condominium
- 279 Prospect Avenue — 2004 condominium
- 288 Seventh Street — 1931 condominium
- 292 Garfield Place — 1891 co-op
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Park Slope.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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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