42–52 Broadway, Brooklyn
42–52 Broadway, Brooklyn, NY 11249
BBL 3021297502 · BIN 3347208
- Year built
- 2001
- Type
- Condominium
- Units
- 30
- Floors
- 6
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 42–52 Broadway, Brooklyn 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.
This is one of the first ground-up condominiums on the South Side of Williamsburg. It was built in 2000–2001 and sold in 2002, before the waterfront rezoning, before the Domino site and before the wave of condominium towers that followed along Kent Avenue. Every one of the 30 apartments has a first deed out of the sponsor to its own buyer, all recorded in 2002 except one recorded in 2004, per ACRIS. The sponsor sold the commercial unit in 2012 and now holds nothing. It is not a rental wrapper.
The second fact is apartment size. At a median of about 1,365 square feet on the Department of Finance roll, these are large apartments for the South Side. That is roughly twice the one-bedroom norm of the neighborhood's later condominium stock. The building competes on space per dollar, not on amenity packages or tower views.
The third fact is the commercial unit. About 12,000 square feet of ground-floor office space is one tax lot, owned by one party and leased to office tenants. In floor area it is roughly a quarter of the building. However the declaration allocates common interest, the commercial owner is a significant voice in the condominium and carries a meaningful share of the common charges. A buyer should understand both before signing.
Architecture and unit composition
The two buildings rise six stories over a commercial ground floor on a corner lot at Broadway and Wythe Avenue, a block from the Williamsburg Bridge approach. The two buildings share a condominium but carry separate DOB building numbers, with 10 apartments at 42 Broadway and 20 at 52 Broadway.
The roll carries three recurring apartment sizes of about 1,160, 1,365 and 1,398 gross square feet, plus a few at about 1,130. Within the building, price differences come mostly from floor, exposure and which building a unit is in, not from unit type. Confirm the layout and any outdoor space unit by unit from the floor plans and the declaration, since no offering plan is on file.
The construction-era filings include sprinklers, gas-fired boilers in the cellar, and a builder's pavement plan for the full Broadway and Wythe frontage. In 2012 a new storefront was installed on the ground-floor commercial space.
Building operations
Taxes. No exemption appears on the roll, so the current tax bill is the long-run bill, with no step-up to price in. This is the reverse of the position at Bridgeview Towers (26 Broadway) on the same block, where a 25-year 421-a runs into the 2030s.
The commercial unit. The office unit has changed hands once, in 2012, and carries recorded leases and lender agreements with several tenants. Ask the managing agent how common interest and common charges are split between the residential and commercial units, whether the commercial owner is current, and how the declaration handles commercial-unit voting and alterations.
Finances. No budget, reserve figure or financial statement is on file. Ask for the current budget, the most recent financial statements, the reserve balance and any assessment history.
Capital. The building is about 25 years old. Its roofs, boilers, façade and windows are at the age where capital questions come up. Ask for the current façade report and any planned work.
Recent sales
42–52 Broadway trades as an early-2000s South Side condominium with unusually large apartments, priced per square foot against Williamsburg's older condominium stock rather than the new waterfront towers or the converted factory lofts. Arm's-length resales are infrequent. Many deeds recorded since 2002 are zero-consideration transfers into trusts or entities, which leaves few true market comparables in any given year. Price on space and the full-tax carrying cost, and expect to lean on comparable buildings nearby when the in-building record is thin. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|
| Feb 9, 2022 | 3E | $800,000 |
| Jun 23, 2016 | 6A | $695,250 |
| Jan 5, 2016 | 3B | $690,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02129-7502) 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.
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What to know if you’re buying
Your tax bill is the long-run bill. There is no 421-a to burn off. When comparing against abated South Side buildings, compare total monthly cost, not common charges alone.
Understand the commercial unit. A single owner holds about 12,000 square feet of the building. Ask how its common interest, charges and votes work.
Confirm building services. The Department of Finance classes the apartments as walk-up units. Confirm elevator service, storage and staffing directly.
Get the governing documents. No offering plan is on file. Read the declaration, by-laws and house rules for leasing, pet and alteration policy before contract.
What to know if you’re selling
Lead with square footage. Few South Side condominiums offer apartments of this size. Put the number up front.
Show the tax position as a clean number. Buyers comparing abated buildings will ask what changes later. Here the tax does not step up.
Have the documents ready. With no plan on file, a current budget, reserve figure, declaration and by-laws shorten the buyer's diligence.
Comparable buildings
If you're considering 42–52 Broadway, also evaluate:
- Bridgeview Towers (26 Broadway) — the 32-residence 2007 condominium on the same block, with a 25-year 421-a still running
- The Gretsch (60 Broadway) — the 130-unit converted factory a block east on Broadway; the loft alternative
- The Smith Gray Building (138 Broadway) — a Broadway conversion a few blocks east
- 24 Dunham Place — a 14-residence South Side condominium of 2005–06 nearby, with a 25-year 421-a
- 34 South 9th Street — 21 large residences between Kent and Wythe, with a capped 15-year 421-a
- Schaefer Landing North (440 Kent Avenue) — the South Side waterfront condominium of the next generation
- 330 Wythe Avenue (The Esquire Building) — a 75-unit South Side loft conversion north of the bridge
- 80 Metropolitan Avenue — a 2008 Williamsburg condominium with a full amenity package
More Williamsburg buildings
- 34 South 9th Street — 2015 condominium
- 342 Wallabout Street — 2022 condominium
- 415 Leonard Street — 2008 condominium
- 434 Marcy Avenue — 2005 condominium by Karl Fischer Architects
- 441 Marcy Avenue — 2008 condominium
- 446 Marcy Avenue — 2011 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.
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