Gallery Condominium
62-48 60th Place, near Metropolitan Avenue · Ridgewood
BBL 4034937501 · BIN 4549039
- Year built
- 2010
- Type
- Condominium
- Landmark
- No
- Amenities
- Garage parking, common laundry, storage, bicycle storage and outdoor space
Every recorded sale at this building, 2005–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $846
- Listing discount
- 6.7%
- Recorded sales
- 32
- On record
- 2005–2026
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A Private Pricing Opinion — what your apartment at Gallery Condominium 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.
Gallery Condominium places twelve homes in a three-story Ridgewood building near Metropolitan Avenue. Its low-rise form gives the residential lots Class 1A tax treatment, with capped assessment growth. Garage parking, storage and balconies provide amenities within a small condominium association.
TMA Development sponsored the project, and Anthony Ng appears on the 2006 new-building application. The Attorney General accepted the offering in July 2008; city records date the completed building to 2010. The current property includes twelve residential tax lots and seven separately classified commercial lots.
Architecture and unit composition
The building uses brick and stucco construction. Its homes include compact one-bedroom apartments and larger two-bedroom, two-bathroom plans. Living and dining areas connect to open kitchens, with bedrooms reached from a hallway. Private balconies occur in the upper-floor inventory, including layouts with balcony access from a bedroom.
The residential floors are reached by stairs. Larger two-bedroom homes include a second full bathroom, while the smaller plans occupy substantially less interior area. Common laundry and storage are located in the basement, and garage spaces are associated with some apartment offerings.
Gas-fired forced-air heating and cooling appear in the two-bedroom inventory. Owners have renovated kitchens, bathrooms and storage within the original plans. The private outdoor spaces and parking interests vary among the apartments, so neither should be assumed to accompany every sale.
Building operations
The condominium provides shared laundry, storage and bicycle facilities. Common charges cover shared building expenses; apartment property taxes are paid separately. The residential tax classification is a material distinction here: the lots are Class 1A even though the association contains twelve homes.
The original 421-a benefit began in 2012. DOF's 2027 roll still lists the program but does not mark it active. The old abated tax burden is therefore unsuitable as a current carrying-cost assumption. Assessment-growth limits and the expiration of an exemption affect taxes in different ways; the Class 1A cap does not preserve the former exemption.
The association includes seven commercial-classified lots in addition to its homes. Parking transactions need to identify the actual lot or right conveyed, particularly when a garage space is sold with an apartment.
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 |
|---|---|---|---|---|---|
| Jul 24, 2025 | 3A | 2 BR · 2 BA · 792 sf | $670,000 | $846/sf | -4.0% |
| Dec 16, 2021 | 2D | 2 BR · 2 BA · 950 sf | $670,000 | $705/sf | -4.1% |
| Jun 24, 2021 | 1B | 1 BR · 1 BA · 500 sf | $375,000 | $750/sf | -6.0% |
| Dec 14, 2018 | 1B | 1 BR · 1 BA · 498 sf | $400,000 | $803/sf | off-mkt |
| Jul 2, 2014 | 2C | 743 sf | $390,000 | $525/sf | off-mkt |
| Dec 20, 2013 | — | 2,160 sf | $664,000 | $307/sf | off-mkt |
| Apr 24, 2012 | 1CSponsor Sale | 2 BR · 680 sf | $310,000 | $456/sf | off-mkt |
| Apr 12, 2012 | 3CSponsor Sale | 2 BR · 2 BA · 743 sf | $388,362 | $523/sf | off-mkt |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $846/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 6.7% 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 4-03493-7501) 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 $670K (3 sales since 2024), a buyer putting 25% down would pay about $27,163 to close, or 4.1% of the price.
- Mansion tax: $0
- Mortgage recording tax: $9,673
- Title insurance: $3,015
- Attorneys, lender, building fees, reserves and filings: $14,475
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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Comparable buildings
- The Ridgewood Condominium — The closest modern condominium peer, with a larger inventory and elevator access.
- 101 Wyckoff Avenue — A Bushwick industrial conversion for buyers comparing nearby low-rise condominium layouts.
- 318 Knickerbocker Avenue — A nearby-neighborhood condominium assembled from older buildings, offering a different architectural route to small-building ownership.
More Ridgewood buildings
- 63-15 Forest Avenue — 2007 condominium
- 63-34 Fresh Pond Road (The Ridgewood Condominium) — 2013 condominium
- Gates Tower Condominium, 311 St Nicholas Avenue — 1930 condominium
- Glenridge Mews, 61-20 71st Avenue — 1991 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Ridgewood.
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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