- Year built
- 2003
- Type
- Condominium
- Units
- 10
- Floors
- 7
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 392 11th 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.
392 11th Street is a small ground-up South Slope condominium from the early-2000s building wave. It is seven stories and ten apartments on a midblock lot near Sixth Avenue. The site of two older lots was cleared in 2000–01, and the building was finished in 2003.
Three things set it apart. It is small: ten owners run the building. It has off-street parking in a neighborhood where that is rare, set up so the spaces belong to the apartments. And its tax abatement has fully expired. Every buyer since 2019 has paid full taxes, so today's carrying costs are the real ones, with no phase-in still ahead.
The sponsor sold out almost at once. ACRIS records the first sale of all ten units to separate buyers between April and May 2003. No sponsor inventory is left, and none of the unit lots is classified as a condominium rental.
Architecture and unit composition
Schedule A of the offering plan, which is only partly legible in the copy on file, lays out four- and five-room apartments, each with two baths. The first-floor units, 1A and 1B, include cellar space. The upper apartments are duplexes. DOB filings from 2004 and 2015 document a duplex spanning the fifth and sixth floors, and 7A reaches the seventh floor with its private roof terrace. Six of the ten apartments have balconies.
The building has no amenities beyond what goes with specific apartments: parking spaces, balconies and one roof terrace. Because those are limited common elements, the apartments that have them carry a larger common interest. That means they pay a larger share of common charges and taxes than their room count alone would suggest.
Building operations
The condominium board runs the building through a managing agent. DOB records a balcony and masonry repair program on the exterior elevations, filed by the condominium in 2010, with sidewalk sheds in 2010–12. That was major exterior work less than a decade after completion. Ask for the building's Local Law 11 filing history, current reserves, and any assessment tied to façade or balcony work.
Recent sales
392 11th Street trades as early-2000s South Slope condominium product. It is priced per square foot like other new-construction condominiums, with duplex layouts, private outdoor space and parking that belongs to the apartment at the top of the range. Resale is steady but thin, as it is in any ten-unit building. ACRIS shows nine of the ten apartments resold at least once since 2003. Any single sale moves the building's apparent price level.
With the 421-a benefit gone, comparisons to younger condominiums should adjust for taxes. A newer building still in its benefit period will show lower carrying costs that step up over time. Here the taxes have already stepped up fully.
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.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Sep 26, 2024 | 5B | $2,040,000 |
| May 10, 2022 | 2B | $1,200,000 |
| Feb 24, 2022 | 1B | $995,000 |
| Jan 14, 2022 | 1A | $999,999 |
| Jul 29, 2021 | 5A | $2,225,000 |
| Jun 9, 2020 | 2A | $879,000 |
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 3-01023-7503) 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.
Keep up with 392 11th Street and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like392 11th Street. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Carrying costs are fully loaded. There is no abatement left to lose. The current tax bill is the one you'll pay, subject to normal reassessment.
Know what comes with the unit. If parking or outdoor space matters to you, confirm from Schedule A that the apartment carries it. It cannot be bought separately later.
Ask about the exterior. A building this size pays for balcony and façade work out of ten owners' pockets. Review the reserves and the Local Law 11 history before you commit.
What to know if you’re selling
Lead with what's attached. Parking, a balcony or the roof terrace is a permanent right attached to the unit. Show it in the marketing and the Schedule A extract.
Clear the paperwork. Have the board waiver of any right of first refusal, and any alteration approvals for a combined or reworked duplex, ready before contract.
Comparable buildings
If you're considering 392 11th Street, also evaluate:
- 205 12th Street, a six-unit 2019 condominium a few blocks away; the newer small-condo alternative
- 939 Union Street (The Shinnecock), a 2003–04 condominium from the same construction wave, at larger scale
- 372 15th Street (The Park Pavilion), a 2005 South Slope condominium of three attached buildings with ten units each
- 162 16th Street (The Vue), a 2008 South Slope condominium
- 1638 8th Avenue (Prospect Park Terrace), a 2010–11 condominium with parking units
- 251 7th Street (The Argyle), a 2009 ground-up condominium; the amenitized alternative
- 229 9th Street (Luna), a 2018 condominium; a newer benchmark with a different tax profile
More Park Slope buildings
- 35 Prospect Park West — 1929 co-op by Emery Roth
- 350 Butler Street — 2021 condominium
- 39 Plaza Street West — 1926 co-op by Rosario Candela
- 393 Dean Street (Park Slope Manor Condominium) — 2004 condominium
- 40 Prospect Park West — 1942 co-op
- 412 & 420 Eighth Avenue, 412 and 420 Eighth Avenue — 1920 condominium
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.
Considering a move at 392 11th Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.