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Condominium · 2020
The Govley
76 Congress Street, Brooklyn, NY 11201
Buildings·Condominium

The Govley, 76 Congress Street

76 Congress Street, Brooklyn, NY 11201

BBL 3002997505 · BIN 3335987

At a glance
Year built
2020
Type
Condominium
Units
10
Floors
7
Landmark
No
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at The Govley 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.

The Govley is the newest for-sale building on the Columbia Waterfront. The sponsor demolished a two-story commercial building on the site in 2021–22 and put up a seven-story, ten-residence condominium with its own garage. The district's other for-sale stock is mostly loft conversions, older low-rise buildings, and the post-2008 condominiums at 100 Congress Street, 75 Columbia Street and 110 Warren Street.

Three facts shape it for a buyer.

Almost every apartment is a three-bedroom. Listing records show nine three-bedroom, two-bath residences and one one-bedroom (2B). Department of Finance unit areas run from about 1,120 to 1,470 square feet for the three-bedrooms, with the largest on the sixth floor, and about 620 square feet for 2B.

There is no tax abatement. Most Brooklyn condominiums built between 2008 and 2022 carry some form of 421-a exemption (421-a is the state program that exempted the added value of new construction from property tax for a fixed term). The Govley carries none on the current roll. Buyers pay full real estate taxes from the start, and there is no step-up later.

The sponsor still holds three residences. See Building operations.

Architecture and unit composition

The building is a seven-story, street-wall mid-rise, as R6A zoning requires, with a dark grey brick façade per listing records and a 12-foot garage curb cut on Congress Street per DOB. The residences sit on floors two through six, two per floor on an A and B line. On floors two through five the three-bedrooms run about 1,120 to 1,160 square feet. 6A and 6B are the largest, at about 1,450 to 1,470 square feet. 2B, the one one-bedroom, is about 620 square feet. The eight parking spaces are separate lots of about 150 square feet each. Listing records describe marble kitchens and baths. Confirm specifications against the offering plan, which is not on file.

Building operations

Sponsor position. The sponsor closed seven residences with unrelated buyers between May and November 2025, several with a parking space. In September and December 2025 it transferred 2A, 4A and 6A, plus six parking spaces, to a separate LLC, without recorded consideration. That LLC is the owner of record on the current roll, and one of the units carries its own recorded mortgage. Treat these three residences as sponsor-side inventory until the managing agent confirms otherwise. Listing records show units at the address marketed for sale and for lease, so some of those three may be rented.

In a ten-unit building, three sponsor-side units carry real weight in common charges, board votes and a lender's review. Ask whether the sponsor is current on common charges.

Newness. With the final certificate of occupancy issued only in June 2026, there is no operating history or audited statement yet. Ask the managing agent for the budget, the working capital fund balance, and open punch-list items.

Tax status

No exemption appears on the Department of Finance roll for any of the 18 lots. The residential assessed values are several times the $65,000-per-unit cap on the 421-a(16) homeownership option outside Manhattan, so a later benefit looks unlikely. Confirm with an offering plan amendment, and underwrite the full tax bill.

Recent sales

The Govley trades as modern-era new construction, priced per square foot, and at this point every recorded trade has been a sponsor sale. Its comparables are the district's other post-2008 condominiums (100 Congress Street, 75 Columbia Street, 110 Warren Street) and newer condominiums in Cobble Hill and Carroll Gardens. Each of those carries or carried a 421-a benefit, so compare carrying costs as well as prices.

Until resales accumulate, the sponsor's remaining three residences set the building's asking prices. Anchor district trends to the last complete year (2025). Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Nov 20, 20256B$1,714,223.88
Jul 22, 20255A$2,240,000
Jul 2, 20252B$994,000
Jun 4, 20255B$2,065,000
May 29, 20254B$1,990,000
Jun 2, 20253B$1,995,000
View all 8 recorded sales, sortable

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 3-00299-7505) 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.

What would buying here cost?

At the recent median sale of $1.99M (7 sales since 2024), a buyer putting 25% down would pay about $80,300 to close, or 4.0% of the price.

  • Mansion tax: $19,900
  • Mortgage recording tax: $28,731
  • Title insurance: $8,955
  • Attorneys, lender, building fees, reserves and filings: $22,714

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

Ask for the offering plan and every amendment. None is on file with us. The plan sets the sale and lease provisions, including any right of first refusal, as well as pet rules, the budget and the sponsor's obligations. Those are the policy facts this page cannot give you.

Price the full tax bill. There is no abatement to burn off. That makes the monthly cost here easier to underwrite than in the abated buildings nearby, and higher than theirs today.

Check the sponsor's share. With three of ten residences sponsor-side, a lender may review the condominium's owner-occupancy and sponsor concentration. Raise it with your lender early.

Confirm what the unit includes. Parking spaces are deeded lots. Check how storage is conveyed.

What to know if you’re selling

Price against the sponsor. While the remaining sponsor units are listed, they are your direct competition. Know their asking prices and terms.

Lead with the three-bedroom plan and the parking. Few buildings in the district offer a new three-bedroom with a deeded space.

Comparable buildings

If you're considering The Govley, also evaluate:

More Columbia Waterfront buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Columbia Waterfront.

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 The Govley?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com