Marcy Villa
594 Marcy Avenue, near Myrtle Avenue · Bedford-Stuyvesant
BBL 3017587502 · BIN 3414239
- Year built
- 2016
- Type
- Condominium
- Landmark
- No
- Amenities
- Elevator, rooftop terrace, video intercom and laundry facilities
Every recorded sale at this building, 2015–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $844
- Listing discount
- 1.4%
- Recorded sales
- 14
- On record
- 2015–2026
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A Private Pricing Opinion — what your apartment at Marcy Villa 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.
Marcy Villa brings ten condominium homes to a six-story building near the Myrtle–Willoughby Avenues G station. Its residential mix includes garden space at the base and penthouse balconies above, together with a common rooftop terrace. The elevator and shared outdoor area serve a small ownership group.
The building also has consequential legal history. Its board pursued construction-defect claims against the sponsor and other project participants, and a separate court proceeding in 2026 addressed access needed for construction on the adjoining site. Both concern the physical building and its common areas.
Architecture and unit composition
The inventory includes smaller one-bedroom homes, larger garden layouts and upper two-bedroom residences. Outdoor space takes several forms: a private rear yard, penthouse balconies and the shared roof. The garden and penthouse homes are among the larger configurations that have changed hands.
The 2013 new-building application proposed ten dwellings in six stories and identified Bakhtiar Shamloo as architect. The original sponsor entity was 594 Marcy Villa LLC. The condominium's ten residential tax lots are individually held, with no owner controlling a majority.
Building operations
The association maintains an elevator, video-entry system and common roof terrace. Its Class 2C assessment limits and active 421-a benefit are separate features of the tax treatment: the first limits assessment growth, while the second provides a time-limited exemption. The 15-year benefit began in 2019.
A May 2024 court decision addressed motions to dismiss the board's construction-defect case. Claims included alleged defects in the newly constructed condominium; allegations should not be treated as findings that every asserted condition existed. The sponsor's motion excluded the breach-of-contract and express-warranty claims. The decision is material to any review of subsequent repairs, recoveries and project costs.
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. 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 |
|---|---|---|---|---|---|
| Jun 22, 2026 | 1B | 1 BR · 1.5 BA · 1,268 sf | $1,070,000 | $844/sf | -2.7% |
| Jul 18, 2025 | PH2 | 2 BR · 2 BA · 1,254 sf | $1,102,500 | $879/sf | -8.1% |
| May 19, 2025 | 1A | 1 BR · 1 BA · 771 sf | $685,000 | $888/sf | -1.4% |
| Nov 19, 2020 | 1B | 1 BR · 1.5 BA · 1,268 sf | $775,000 | $611/sf | -3.0% |
| Nov 19, 2019 | PH1Sponsor Sale | 3 BR · 2 BA · 1,314 sf | $995,000 | $757/sf | -0.4% |
| Aug 28, 2019 | PH2Sponsor Sale | 2 BR · 2 BA · 1,332 sf | $999,999 | $751/sf | +0.5% |
| Jul 30, 2019 | 2BSponsor Sale | 1 BR · 1 BA · 680 sf | $547,500 | $805/sf | -2.1% |
| Jul 16, 2019 | 4BSponsor Sale | 1 BR · 1 BA · 680 sf | $575,000 | $846/sf | -1.7% |
Market read. Most recent trades (2026) cleared a median $844/sf across 1 sale. Median listing discount 1.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 3-01758-7502) 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; square footage from recorded condo declarations and offering plans.
At the recent median sale of $1.07M (3 sales since 2024), a buyer putting 25% down would pay about $48,378 to close, or 4.5% of the price.
- Mansion tax: $10,700
- Mortgage recording tax: $15,448
- Title insurance: $4,815
- Attorneys, lender, building fees, reserves and filings: $17,415
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
A July 2026 court order granted an adjoining construction project temporary access to install protective measures affecting the building's roof, rear yard and penthouse balconies. The license lasts up to two years from installation of the first protection and requires compensation to the affected owners and association. For a home with outdoor space, the installation dates, areas currently covered and restoration obligations are specific transaction questions; a balcony or yard may be subject to temporary construction protection during that period.
Comparable buildings
- 92 Stockton Street — A larger contemporary condominium near the same transit corridor.
- 859 Myrtle Avenue — Recent condominium construction with substantially more residences.
- 226 Clifton Place — A low-rise contemporary condominium within the broader neighborhood.
- 330 Wallabout Street — A newer condominium alternative with a larger ownership base.
- 525 Myrtle Avenue — A modern mid-rise condominium farther west along Myrtle Avenue.
More Bedford-Stuyvesant buildings
- Bedford Place, 906–908 Bedford Avenue — 2005 condominium
- Bommer Building, 272 Willoughby Avenue — 1920 condominium
- Clinton Hill Village, 963–965 Kent Avenue — 2003 condominium
- The Chocolate Factory, 689 Myrtle Avenue — 1947 condominium
- The Lexington Brooklyn, 114 Lexington Avenue — 2022 condominium
- The Lineage, 323 Greene Avenue — 2010 condominium by Karl Fischer Architects
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bedford-Stuyvesant.
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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