The Terraces at Court Street (529 Court Street)

Kutnicki Bernstein Architects drew the plans and specifications, per the offering plan. It is the same practice behind a run of Manhattan condominium buildings from the 2000s. The building rises six stories plus a penthouse floor on a corner lot of roughly 8,000 square feet. Apartments are numbered by floor from the 100 line through the 400 line, with a penthouse tier of four units above. Apartment sizes on the Department of Finance roll run from about 600 square feet to about 1,700 square feet for the combined 303/304. Each unit is taxed as its own lot.

Listing records describe the interior package as delivered: solid hardwood floors, marble kitchen counters with maple cabinetry and professional gas ranges, cast-iron tubs, and ceilings that reach 20 feet in the double-height units. Exposures run south and west over Garnet and Court Streets. The terraces on 201, 206 and the four penthouses are limited common elements. The plan says the sponsor would not install surfaces or fencing on those roof areas, so terrace build-outs vary from unit to unit and are worth inspecting individually.

The condominium is professionally managed with a resident superintendent, per listing records. Department of Buildings filings show façade repair work on the building's exterior surfaces to correct water penetration, filed in 2012 with sidewalk-shed permits through 2013 and again in 2016. Rooftop telecommunications work also appears in the building's filing history. Ask for the current Local Law 11 cycle status, any open façade work, and whether the board has a reserve study. A 2011 set of financial statements is on file in The Roebling Research Library. Current statements should come from the managing agent.

Common charges for the parking units are allocated separately, per the plan, because they don't use most building services. A parking space bought with an apartment carries its own modest charge and its own tax lot.

Recent sales

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.

Market read. Most recent trades (2025) cleared a median $1,466/sf (recorded) across 1 sale. Median listing discount 0.0% from the last ask.

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00478-7501; 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.

Underwrite full taxes. The 421-a benefit that began in 2008 has run out. Pull the current Department of Finance bill for the specific unit, not a figure from an old listing.

Price the parking separately. There are thirteen parking units for twenty-four apartments. Where a space is offered with an apartment, confirm its separate legal interest and tax lot in the conveyance schedule; a separate tax lot does not require a separate deed instrument. Review transfer restrictions, eligibility, common charges and taxes.

Inspect the terrace. Private roof terraces are limited common elements that the sponsor delivered unfinished. Condition, drainage and any owner-installed decking vary. Confirm who is responsible for the membrane below.

Ask about the façade. The 2012–2016 exterior repair filings are part of the building's record. Ask whether that work was fully closed out and where the building stands in its current façade inspection cycle.

Lead with the specifics. Ceiling height, south and west light, and a private terrace or deeded parking space are the facts that separate a unit here from the rest of the Court Street condo supply.

Get ahead of the tax question. Buyers comparing an old sale will see a lower tax figure. Show the current bill and the carrying-cost math up front so the abatement's expiration doesn't come up as a surprise in negotiation.

If you're considering The Terraces at Court Street, also evaluate:

• 505 Court Street (Court Street Lofts) — the 124-unit 1918 factory conversion a few blocks north; the loft alternative on the same stretch of Court Street
• 93 Rapelye Street — 40-unit ground-up condominium from 2004 with deeded parking; the closest like-for-like in era and structure
• 344 Degraw Street — 26-unit new construction from 2000 between Court and Smith; similar scale in central Carroll Gardens
• 378 Baltic Street — 36-residence condominium from 2007 between Smith and Hoyt; the same new-construction generation
• 291 Union Street (Sackett Union) — 32-unit ground-up condominium near the Court Street end of Union Street
• 145 President Street — later-generation ground-up condominium from 2017; the newer-product benchmark
• 480 Degraw Street — 13-unit 2019 condominium with a parking unit on the neighborhood's eastern edge