55 Engert Avenue (The McCarren)
55 Engert Avenue, Brooklyn, NY 11222
Greenpoint, Brooklyn
BBL 3026987501 · BIN 3391480
- Year built
- 2005
- Type
- Condominium
- Units
- 24
- Floors
- 4
- Amenities
- Listing records describe private outdoor space and skyline views. There is no elevator, doorman or shared amenity package in the records reviewed
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Doorman (hours not stated)
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,440
- 1 sale
- Recorded sales
- 6
- On record
- 2006–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The McCarren 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.
55 Engert Avenue is one door of a 24-apartment condominium spread across eight buildings. City data files the condominium under 49 Engert Avenue, the first address in the row, and lists it as one building. It is eight: separate four-story walk-ups at 49 through 63 Engert Avenue, filed as eight new-building jobs on the same day in February 2004, each with three apartments, all governed by one declaration and billed under one lot.
The McCarren was an early product of the Greenpoint–Williamsburg border. The sponsor, 474 Leonard St. LLC, closed the first apartments in December 2005 and the last in April 2006, all 24 of them in about five months. (One deed carries a January 2005 document date but was recorded in January 2006 with the rest; it reads as a dating error.) Every first-sale deed runs to a separate buyer, most with conventional mortgages. There was no sponsor rental block and no bulk sale.
Block 2698 is busy, and the Engert Avenue side has two other condominium records that are easy to confuse with this one. 65 Eckford Street is on the same tax block. It is a separate condominium (Department of Finance condominium 6241, billing lot 7502) delivered in 2025, with its own board and budget. Northpoint Towers at 76 and 84 Engert Avenue is across the street on block 2713: two nine-story elevator buildings of 2008. 36 Eckford Street holds the Eckford–Engert corner on block 2714. None of them shares a regime, a budget or a lot with The McCarren.
Architecture and unit composition
Each of the eight buildings follows the same stacked plan. Unit 1 and unit 3 are the large apartments at about 1,650 square feet, with unit 2 at about 980 square feet in between. The counts of three apartments and four stories do not establish which units span levels; their floor allocations are not documented in the records reviewed. Confirm it from the floor plans filed with the declaration. The eight buildings share an assessment pattern, but that does not confirm identical layouts; compare their approved plans.
The buildings are walk-ups. There is no elevator in any of them, which matters for the upper unit in each building and for buyers who compare The McCarren with elevator condominiums across the street.
Building operations
Taxes are now unabated. The Department of Finance exemption roll records 421-a code 5113, the 15-year program, on all 24 apartment lots, with a base year of 2003 and a benefit start of 2009/10. The benefit stepped down through the early 2020s, was about 20 percent of its original value on the 2023/24 roll, and was zero from 2024/25. The 2009 start is four years after the first closings. The roll does not explain the gap; the offering plan or the managing agent would.
At current taxable assessments and a Class 2 rate of about 12.5 percent, our estimate is roughly $9,200 a year for a unit 2, about $10,400 for a unit 1 and about $13,800 for a unit 3. These are estimates from the roll, not bills. Use the current bill for the specific unit.
Nothing in the ACRIS record points to regulated affordable units inside the condominium. The managing agent, the current budget and any reserve or capital plan should be confirmed at offer stage. With eight roofs, eight sets of stairs and eight façades on one budget, the capital plan is the thing to ask about.
Building staffing and amenities
- Doorman
- Doorman (hours not stated)Source: The Roebling Team's building profile
- Elevator
- NoSource: NYC Department of City Planning records (PLUTO)
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 McCarren trades as a small resale building with no sponsor stock. Resales since 2012 have come in ones and twos a year. In the last 24 months ACRIS records two deeds with a stated sale price, a unit 1 in October 2025 and a unit 2 at 55 Engert itself in March 2026, plus two deeds in 2026 recorded with no consideration, which read as transfers rather than market sales. The large units 1 and 3 carry most of the value, and pricing tracks size and position in the building more than address, since the eight buildings are the same. Buyers compare it with elevator condominiums on the same stretch, and the walk-up format and full taxes both show in that comparison. 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 |
|---|---|---|---|---|---|
| Mar 23, 2026 | 2 | 2 BR · 1 BA · 979 sf | $1,410,000 | $1,440/sf | +1.1% |
| Aug 7, 2017 | 3 | 3 BR · 2.5 BA · 1,642 sf | $1,570,000 | $956/sf | -4.8% |
| Jun 21, 2012 | 2 | 2 BR · 1 BA · 979 sf | $665,000 | $679/sf | -1.5% |
| Apr 5, 2006 | 1Sponsor Sale | 1,658 sf | $728,048 | $439/sf | — |
| Mar 17, 2006 | 2Sponsor Sale | 2 BR · 1 BA · 979 sf | $646,588 | $660/sf | — |
| Mar 16, 2006 | 3Sponsor Sale | 3 BR · 2.5 BA · 1,642 sf | $977,520 | $595/sf | — |
Market read. Most recent trades (2026 to date) cleared a median $1,440/sf (recorded) across 1 sale.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02698-7501; 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.
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What to know if you’re buying
Confirm which building and which unit. The condominium has 24 apartments at eight addresses, and ACRIS indexes the declaration under 49 Engert. A contract should recite the unit lot (1001–1024) as well as the street address.
Underwrite full taxes. The 421-a is gone. Put the current tax bill, not a listing's historic figure, into the carrying-cost model alongside common charges.
Plan for a walk-up. No building has an elevator. That is a real consideration for the top-floor unit and for resale to buyers who need one.
Ask how the eight buildings share costs. Roofs, façades and building systems are spread across eight structures. Ask for the budget, the reserve, any completed or planned façade and roof work, and whether any assessment has been levied or proposed.
What to know if you’re selling
Your comparables are inside the condominium. The same plan repeats at every address, so the best comparable is the same unit number at a neighbouring address, adjusted for condition and outdoor space.
Present the tax bill up front. Buyers will ask whether the abatement has ended. It has, and a current bill avoids a surprise late in the deal.
Comparable buildings
- 76 Engert Avenue (Northpoint Towers): two nine-story elevator condominiums across Engert Avenue, also past their 15-year 421-a
- 36 Eckford Street: 24 condominium apartments at the Eckford–Engert corner, fully taxed since its 15-year 421-a expired
- 65 Eckford Street: the 2025 condominium on the same tax block, with no abatement at all
- 20 Bayard Street (The Bayard Views): a larger condominium facing McCarren Park from the same abated generation
- 415 Leonard Street: a 54-residence condominium one block south of McCarren Park, also past its 421-a
- 28 Herbert Street: a 16-residence 2025 delivery on the Greenpoint–Williamsburg border; the new-construction alternative
- 88 Withers Street (Element 88): a Williamsburg condominium near the park, sold with no abatement
More Greenpoint buildings
- 524 Manhattan Avenue — 2008 condominium
- 533 Leonard Street — 1931 condominium
- 54 Dupont Street — 1899 condominium
- 58 Dupont Street — 2023 condominium
- 60 Box Street — condominium
- 61 North Henry Street — 1920 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Greenpoint.
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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646.939.7375 · c.cohen@compass.com