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Condominium · 2023
316 22nd Street
316 22nd Street, Brooklyn, NY 11215
Buildings·Condominium

316 22nd Street

316 22nd Street, Brooklyn, NY 11215

Park Slope, Brooklyn

BBL 3009007507 · BIN 3332133

At a glance
Year built
2023
Type
Condominium
Landmark
Landmark or historic district
Amenities
Fitness room, roof terrace, bike room and private terraces or balconies on some homes (per listing records; confirm against the plan)
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As seen inThe Wall Street Journal★ 92 reviews on Google

316 22nd Street is a nine-residence condominium on a 50-by-100-foot lot in the South Slope. It is a former storage building. A 1949 certificate of occupancy covered a three-story storage facility, and the conversion added a fourth floor, an elevator and a new stair.

Every residence has been sold. ACRIS shows nine sponsor deeds between October 2023 and February 2025, totaling $10,021,582. That makes 316 22nd Street a resale building now. Its sponsor prices are a recorded benchmark for the blocks between Park Slope and Green-Wood Cemetery.

The sold prices sit well below the offering plan. The plan's current total is $15,398,400. The recorded deeds total about 35% less. The plan database does not explain the gap; see below.

Architecture and residences

Murat Mutlu Architect filed the conversion in September 2021 as job B00583060. The filing describes a residential conversion of an existing three-story storage facility into a four-story, nine-family building, about 49 feet tall, with 15,265 square feet of construction floor area. The structural filing adds a new stair and elevator, removes an existing ramp, infills floor slabs, and adds a fourth-floor slab and a new roof slab. The first permit issued in February 2022, and the Department of Buildings shows a certificate of occupancy issued on the job in 2023.

The offering plan record lists the construction type as new. The building is better understood as a conversion: the Department of Buildings classifies the job as an alteration requiring a new certificate of occupancy, and PLUTO still dates the structure to 1931. PLUTO records 10,179 square feet of residential area across the nine homes, about 1,130 square feet per home on average.

The layouts range from one-bedroom to two-bedroom homes in listing records, including Unit 3B, a two-bedroom of 1,010 square feet, and the top-floor 4A, a two-bedroom, two-bath home of 1,219 square feet with a private terrace. One listing record calls Unit 1B a studio of 1,108 square feet. That size is large for a studio, so treat the record as unreliable.

Offering and pricing

Per the offering plan filed with the New York State Attorney General (plan CD220166), the plan was submitted August 2, 2022 and accepted December 23, 2022 at a total offering price of $13,690,000, with 316 22nd LLC as sponsor. It was declared effective August 22, 2023. The current total is $15,398,400, an increase of $1,708,400 across amendments. The Attorney General's plan page returned no data when we checked in October 2026, so the amendments were not reviewed for this profile.

The database records two units sold. ACRIS shows all nine deeded, so that figure is out of date.

The gap between the plan's $15.4 million and the $10.0 million in recorded deeds is large: the plan averages $1.71 million per home, and the deeds average $1.11 million. Listing records show the sponsor cutting asks during the sell-out. The penthouse, 4A, was offered at $1,649,000 in March 2024, cut to $1,549,000 in April, and deeded at $1,500,000 in June. Unit 1B was last listed at $1,150,000 and deeded at $835,000. Unit 1C was first offered at $999,000 and deeded at $910,000. Our reading is that the plan's price schedule was set before marketing and was not reduced by amendment to the prices the sponsor accepted; the amendments, which would confirm or correct that, were not available to us. Anyone using this building as a comparable should rely on the deeds, not the plan figure.

Recorded sales

ACRIS shows the condominium declaration recorded October 4, 2023 and these sponsor deeds:

Unit Deed date Deed amount
2C October 31, 2023 $1,538,000
3A November 17, 2023 $1,200,000
3B December 20, 2023 $1,150,000
2A May 8, 2024 $813,581.75
4A June 28, 2024 $1,500,000
1B July 29, 2024 $835,000
1C December 23, 2024 $910,000
1A February 3, 2025 $880,000
2B February 6, 2025 $1,195,000

Unit 3B's $1,150,000 on 1,010 square feet is about $1,139 per square foot, and 4A's $1,500,000 on 1,219 square feet is about $1,231 (our arithmetic). Listing records showed common charges of $798 a month and taxes of about $1,132 a month on 4A in 2024. The 2A amount carries cents, which usually means the buyer's payment of the sponsor's transfer taxes was added to the price. Later resale listings have appeared in listing records. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

Local Law 97

Compliance status
Below the individual-building threshold

This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.

See full Local Law 97 analysis →
For owners

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What to know if you’re buying

This is a resale building. Every sponsor unit has closed. Price against the recorded deeds and current resales, not against the offering plan's schedule.

Governance. Sponsor control of the board ends as units close. With all nine sold, ask whether owners now control the board and whether the sponsor still holds any obligations under the plan, such as punch-list or warranty items.

Conversion diligence. Ask for the engineer's report and the certificate of occupancy, and ask how the old storage building's structure, roof and façade were treated.

Closing costs. On a resale, the seller pays the transfer taxes and the buyer pays the 1% mansion tax at $1 million and above, plus title and lender costs. Use the calculators below to run your price.

Comparable buildings

If you're considering 316 22nd Street, also look at these South Slope and Park Slope condominiums:

  • 249 18th Street — five-residence South Slope condominium, one home per floor
  • 248 20th Street — enlargement and conversion of an 1899 house two blocks north
  • 179 20th Street — Lumina, a 26-residence new-construction condominium on the Fourth Avenue corridor
  • 222 16th Street — 32-residence new-construction condominium in sales
  • 431 Seventh Avenue — The Whitman, a six-residence South Slope plan awaiting acceptance
  • 657 Baltic Street — four-residence rebuilt walk-up in Park Slope with recorded 2023 sponsor sales

More Park Slope buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Park Slope.

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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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com