- Year built
- 1899
- Type
- Condominium
- Units
- 49
- Floors
- 5
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Flip tax
- 1% of the purchase price, paid by the buyer
- Doorman
- Requires confirmation
Every recorded sale at this building, 2011–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,018
- floor-adjusted, 1 sale
- Listing discount
- 0.0%
- Recorded sales
- 46
- On record
- 2011–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Knick 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.
The Knick is what a careful conversion of ordinary buildings looks like. There is no trophy structure here — three adjoining brick walk-ups from the 1890s, long vacant, on a commercial avenue in northern Bushwick. What the sponsor did with them, between 2008 and 2011, produced the neighborhood's first real amenity condominium and a product that has held its identity for fifteen years.
The buildings belong to a continuous Romanesque Revival row on Knickerbocker Avenue, put up in the boom that followed the arrival of elevated service in 1889 — round-arched upper-story windows, bracketed cornices, load-bearing brick, the standard vocabulary of Brooklyn's late-nineteenth-century avenue construction, executed here at unusual length. The conversion restored the facades, gutted the interiors, added a fifth floor of penthouses above the original four, and put an elevator into what had been walk-ups. That last move is the one that matters most commercially: an elevator in a five-story 1890s building is a different asset from a walk-up, and it is why this building has aged into a resale market rather than an entry-level one.
The environmental program was genuinely ahead of its market. The building was marketed at launch as among the first LEED-certified multifamily developments in Brooklyn and built to NYSERDA's multifamily energy-savings standards, with the original timber reused in the interior finishes. Fifteen years on, that translates into a building that is generally cheaper to run than its 1890s vintage would suggest — worth confirming against the actual common-charge and utility history rather than taking on faith, but it is not marketing language without a record behind it.
Two facts should govern any purchase here, and both are financial rather than architectural.
The first is the abatement. Listing records describe a benefit running to 2026, which means it has ended or is ending now. For most of this building's trading life buyers underwrote an abated tax line; that line is resetting. Any comparable drawn from a sale more than a year or two old embeds an assumption that no longer holds, and the honest comparison is a full carrying-cost comparison at current taxes.
The second is the flip tax, and it is genuinely unusual. Management-sourced records current to August 2026 show a 1 percent flip tax on gross sale price payable by the buyer, not the seller. In New York the transfer fee almost always falls on the seller; here it is a buy-side closing cost that a standard closing-cost estimate will miss. On a $600,000 apartment that is $6,000 that does not appear in most buyers' models.
Architecture and unit composition
The lot runs 150 feet by 200 feet — 30,875 square feet — and carries three buildings totaling roughly 73,500 square feet, of which about 45,800 is residential. Dividing the administrative residential area by 49 gives roughly 930 square feet per unit. That is not measured apartment area or proof of a neighborhood size ranking; compare actual plans and consistent measurements.
The residential program runs from loft-style studios through one- and two-bedrooms to duplex penthouses with private roof terraces. High ceilings, oversized windows, exposed brick in a number of units, in-unit laundry, central HVAC and private storage are the recurring features. More than 40 percent of the apartments were marketed with some form of private outdoor space — terraces and patios in the lower buildings, roof terraces at the penthouse level — which is a high share and is the building's most durable competitive advantage in the submarket.
Because the three buildings differ in size, orientation and floor count, there is no reliable line-to-line equivalence here. The variables that separate one apartment from another are which building it sits in, whether it faces Knickerbocker Avenue (a busy commercial street with a C1-3 overlay at the base) or Hart Street (residential and quieter), floor level, the size and orientation of any private outdoor space, and whether a parking space and a storage locker are deeded to the unit.
Building operations
The Knick runs as a resident-governed condominium with a virtual doorman rather than staffed lobby coverage, and professional management. Purchaser review runs through a right of first refusal rather than a cooperative interview.
The 49 apartments share operating and capital obligations under the declaration’s allocations. Unit count alone establishes neither staffing costs nor equal shares of a repair. The buildings are more than 125 years old carrying a conversion that is now fifteen years old, so obtain condition and replacement schedules for the conversion-era elevator, roof, boilers and façades; age alone does not establish simultaneous replacement needs, and the stated five-story height does not itself trigger FISP. Ask for the reserve balance, the last three years of financial statements, the current capital plan and any assessment history, and ask specifically about the facade cycle: these are 1890s load-bearing brick elevations with restored cornices, and cornice and lintel work on that vintage is not cheap.
The building exceeds 25,000 square feet of floor area, which places it inside the city's energy benchmarking and building-emissions regimes. The original efficiency program should help its Local Law 97 position; ask the managing agent to state that position in writing rather than inferring it from the LEED history.
Policy framework
Management-sourced records current to August 2026 describe the following. Confirm each against the offering plan and current house rules.
Flip tax: 1 percent of gross sale price, payable by the buyer at closing.
Short-term rentals: Not permitted.
Smoking: Not permitted.
Parking: Deeded gated spaces, conveyed separately on an opt-in basis. A marketed space is not a conveyed space; confirm it appears in the deed.
Fees on a sale: A buyer application fee of $750, a closing fee of $350, a move-in/move-out fee of $150, and a refundable $500 move-in/move-out deposit.
Fees on a lease: A tenant application fee of $250, the same $150 move fee and $500 refundable deposit, and a $75 fee on lease renewal.
Pets, minimum down payment, financing ceiling, and sublet term: Not documented in the records available to us. Request the house rules.
Application and transaction fees
Fees below are from building management's published schedule, as of August 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
- Terms
- 1% of gross sale
- Rate
- 1% of the purchase price
- Paid by
- Buyer
Source: building management's published schedule, as of August 2026
Purchase
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Buyer | When With the application | Amount $750 | Refundable Non-refundable |
| Closing Fee | Paid by Buyer | When At closing | Amount $350 | Refundable Not stated |
| move in/out fee - no refundable | Paid by Buyer | When At closing | Amount $150 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In/Out DepositCertified check or money order | Paid by Buyer | When At closing | Amount $500 | Refundable Refundable |
Rental or lease
4 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Tenant | When With the application | Amount $250 | Refundable Non-refundable |
| move in/out fee - no refundable | Paid by Tenant | When Upon approval | Amount $150 | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move In/Out DepositCertified check or money order | Paid by Tenant | When At closing | Amount $500 | Refundable Refundable |
Lease renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Fee | Paid by Tenant | When With the application | Amount $75 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Leasing by owners
- Not verified
- Short-term rentals
- Not permittedSource: building management's published schedule, as of August 2026
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $340 per room a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.29 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Requires confirmationSources differ. Confirm with building management.
- Virtual or video entry
- YesSource: The Roebling Team's building profile
- Package room
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, roof deck, bike storage, storageSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Recent sales
The Knick trades as a loft-style amenity condominium and should be benchmarked against purpose-built and converted condominium product in northern Bushwick and Ridgewood on a dollars-per-square-foot basis, not against the neighborhood's small new-construction buildings, whose apartments are meaningfully smaller.
Three things distort a naive comparison. The tax reset is the largest: an abated comparable and an unabated one at the same price are not the same trade, and the correct exercise is True Monthly Carrying Cost across the full hold. The buyer-paid flip tax is the second, and it is invisible in a price-per-foot table — it is one percent of gross price, added to the buy side, on top of the ordinary closing stack. The third is outdoor space and parking: the apartments here with a large terrace or a deeded space carry premiums that do not spread evenly across the building. 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 | vs. Ask |
|---|---|---|---|---|---|
| Jan 22, 2026 | 3D | 1 BR · 1 BA · 796 sf | $810,000 | $1,018/sf | -4.7% |
| Dec 16, 2025 | 2A | 1 BR · 1 BA · 796 sf | $750,000 | $942/sf | -5.7% |
| Jun 27, 2025 | 2C | 1 BR · 1 BA · 796 sf | $695,000 | $873/sf | +0.0% |
| Oct 5, 2023 | 4M | 2 BR · 2 BA · 1,070 sf | $999,000 | $934/sf | +0.4% |
| Jul 25, 2023 | 2D | 1 BR · 1 BA · 796 sf | $750,000 | $942/sf | +8.9% |
| May 24, 2023 | 3F | 1 BR · 1 BA · 750 sf | $782,500 | $1,043/sf | +4.3% |
| Aug 22, 2022 | 3M | 2 BR · 2 BA · 1,060 sf | $985,000 | $929/sf | +9.6% |
| Jul 12, 2022 | 2F | 1 BR · 1 BA · 735 sf | $725,000 | $986/sf | +5.2% |
Market read. Most recent trades (2026 to date) cleared a median $1,018/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.0% from the last 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 3-03235-7503; 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.
Closed rents at The Knick, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 1 bedroom | 3 | $3,500 |
| 2 bedroom | 3 | $5,500 |
6 closed leases, October 2023 to September 2026. Most recent lease April 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at The Knick and nearby.
At the recent median sale of $750K (3 sales in the past 24 months, since October 22, 2024), a buyer putting 25% down would pay about $36,766 to close, or 4.9% of the price.
- Mansion tax: $0
- Mortgage recording tax: $10,828
- Title insurance: $3,375
- Building transfer fee (flip tax), 1% of the purchase price, paid by the buyer per building management's published schedule, as of August 2026: $7,500
- Attorneys, lender, building fees, reserves and filings: $15,063
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest. Confirm the current transfer fee with building management; the linked calculator does not include it.
Keep up with The Knick and its market
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What to know if you’re buying
Add one percent to your closing costs. The flip tax falls on the buyer here. Confirm it in the current house rules and put it in the model before you make an offer.
Get the current tax bill. The abatement has ended or is ending. Underwrite the unabated number and re-run it against any alternative you are considering — several nearby buildings carry benefits with more runway.
Ask about the facades. 1890s load-bearing brick with restored cornices, fifteen years past conversion, on a 49-unit denominator. Obtain façade condition reports, the capital plan and reserve balance; the stated five-story height is below FISP’s higher-than-six-story threshold.
Confirm which building, and confirm the deed. Knickerbocker Avenue and Hart Street exposures live very differently. Parking spaces and storage lockers convey only if they are in the deed.
Request the offering plan. We do not hold one. The plan and Schedule A govern common-interest percentages, and the house rules govern the pet, sublet and financing questions the public record does not answer.
Comparable buildings
If you're considering The Knick, also evaluate:
- 782 Hart Street — the 24-unit 2012 condominium on the adjoining tax lot, immediately next door; the closest direct comparison in the market and the sharpest test of new-construction versus conversion pricing
- 1433 DeKalb Avenue — the 25-unit 2013 elevator building on the same block; the newer, smaller-apartment alternative
- 970 Kent Avenue (The Kent) — the 103-unit prewar loft conversion on the Bedford-Stuyvesant–Clinton Hill industrial edge; the same product logic at larger scale, with full-service staffing and no abatement
- 315 Gates Avenue — the Karl Fischer–designed Bedford-Stuyvesant condominium with garage and roof terrace; comparable amenity package, compact apartments, a similar abatement-expiry story
- Clinton Mews (372 DeKalb Avenue) — heavy-timber industrial conversion to cooperative ownership, 1987–88; the older conversion in a different tenure
- 75 Greene Avenue — a 1930 institutional building adaptively reused as a 22-unit Fort Greene condominium; adaptive-reuse peer at boutique scale
- The Sanctuary (264 Cumberland Street) — 13 condominiums across a former chapel and clergy residence; the multi-building small-conversion comparison
- Austin Nichols House (184 Kent Avenue) — the 1915 Williamsburg warehouse conversion; the format's high end, and a useful ceiling for what conversion product can command
More Bushwick buildings
- 101 Wyckoff Avenue (Wy 101 Lofts) — condominium
- 1370 Bushwick Avenue — condominium
- 1427 Greene Avenue, 1425–1427 Greene Avenue and 404 — condominium
- 27 Stanwix Street — 2004 condominium
- 952 Bushwick Avenue — 2019 condominium
- L Lofts, 1610 DeKalb Avenue — 2005 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bushwick.
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 The Knick?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com