68 First Place
68 First Place, Brooklyn, NY 11231
Carroll Gardens, Brooklyn
BBL 3003610012 · BIN 3005142
- Year built
- 1910
- Type
- Condominium
- Landmark
- No
68 First Place is a four-story 1910 building on a 21-by-100-foot lot in Carroll Gardens, being rebuilt from five rental apartments into four condominium residences. The sponsor filed the offering plan with the Attorney General on July 30, 2026 at a total of $7.5 million, an average of $1.875 million per home.
The block already holds three small condominiums we profile: 50 First Place, 76 First Place and 78 First Place. 78 First Place sold all six of its new-construction homes between October 2025 and March 2026 at $2.5 million to $3.4 million. Those are separate buildings with different sponsors. They give a buyer a recorded price range on the same street before 68 First Place has published a single ask.
The project is still early. The plan is not accepted, the rear addition is in its foundation stage, and no asking prices, floor plans or finishes have been published.
Architecture and residences
PLUTO describes the building as a 1910 walk-up with 4,200 square feet on a 2,100-square-foot lot. The lot is zoned R6A, which allows a residential floor area ratio of 3.0. The existing building sits at 2.0, which leaves room to enlarge it.
Design Studio Associates filed the main alteration in June 2022. The Department of Buildings approved it in July 2023 and issued the first permit in May 2025. The filing describes a horizontal enlargement of the existing four-story building with basement and cellar. Related filings add a rear addition, structural steel, foundation and excavation work, a residential sprinkler system and new plumbing fixtures. The filings carry about 9,300 square feet of construction floor area and a fifth, penthouse level, and they reduce the dwelling count from five to four. The foundation and excavation permits were issued in May 2026, and the foundation work was approved again in October 2026.
The filings do not agree on the starting count. The data fields list five existing units, while the job description calls the building a four-family dwelling. PLUTO counts five, and the offering plan covers four new residences.
The same architect filed 53 Prospect Park Southwest and 253 Gates Avenue. A November 2025 application to assign condominium tax-lot numbers to the four units was disapproved on plan review in December 2025, so the tax lots have not been created yet. The unit mix, square footage, outdoor space and finishes have not been published. The building sold in a deed dated April 6, 2022. That deed was recorded without a stated amount, and the city transfer-tax filing for the same transfer gives $4,500,000 (ACRIS). A second deed, dated May 1, 2023, transferred the property without consideration.
Offering and pricing
Per the offering plan filed with the New York State Attorney General (plan CD260274), the sponsor, AP Forest Realty LLC, submitted the plan on July 30, 2026. The Attorney General's record classifies it as a new construction or vacant condominium offering with rehabilitation construction. It lists four residential units and no commercial, storage or parking units. The initial and current total offering price are both $7,500,000, and the record shows no amendments, no acceptance date and no units sold.
No asking prices have been published. Until the Attorney General accepts the plan, the sponsor cannot sign purchase contracts or take deposits or reservations, binding or non-binding; an interest list does not secure a unit.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
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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.
What to know if you’re buying
Read the plan when it is accepted. The accepted plan sets the unit sizes, the prices, the budget for common charges and taxes, and the sponsor's construction obligations. Compare the accepted total with the $7.5 million on file.
Construction is in progress. The rear addition and foundation work were still being permitted in 2026, and no certificate of occupancy has been issued for the converted building. Ask for the expected date of the temporary certificate and how the plan handles delay.
Use the block as your comparison. 78 First Place's recorded sponsor deeds are the closest comparison, adjusted for new construction against a converted 1910 building. 50 and 76 First Place show what conversions on this street have sold for.
Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%) and the New York City real property transfer tax (1.425% above $500,000), plus the mansion tax, which starts at 1% at $1 million. Use the calculators below.
Tax position. No abatement has been identified. Confirm the projected real estate taxes in the plan's budget.
Comparable buildings
- 78 First Place: six-residence new construction on the same block, sold out from $2.5 million to $3.4 million in 2025–2026
- 76 First Place: five-residence townhouse conversion next door to 78, sold out in 2024–2025
- 50 First Place: five-residence corner brownstone conversion with an elevator and garage, at Clinton Street
- 110 First Place: four-residence condominium in a 26-foot-wide brownstone
- 126 First Place: five-residence enlarged prewar condominium with an elevator
- 62 4th Place: 1910 townhouse being converted to four condominiums under a $10.01 million plan
- 263 Sackett Street: circa-1900 house enlarged to four condominiums under a $9.35 million plan
More Carroll Gardens buildings
- 564 Henry Street — condominium
- 589 Hicks Street — 1900 condominium
- 62 4th Place — 1910 condominium
- 76 First Place — 1910 condominium
- 78 First Place — 2024 condominium
- 78 Second Place — condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Carroll Gardens.
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.
Considering a move at 68 First Place?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com