8 St. Marks Place, Brooklyn
8 St. Marks Place, Brooklyn, NY 11217
BBL 3003957502 · BIN 3336057
- Year built
- 2015
- Type
- Condominium
- Units
- 14
- Floors
- 8
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 8 St. Marks Place, Brooklyn 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.
8 St. Marks Place is a small new-construction condominium on a Boerum Hill block of row houses and apartment buildings: 14 residences in an eight-story, 88-foot building between Third and Fourth Avenues. The 100-residence 58 Saint Marks Place sits at the Fourth Avenue end of the same block.
Three facts shape it for a buyer.
The building is fully sold. The sponsor closed all 13 residences it offered (14 after the ground-floor split) with unrelated buyers between March 2021 and April 2022, and sold the commercial unit in April 2021, per ACRIS. No unit is held by a sponsor entity on the current roll. Owner resales began in 2025.
There is no abatement to burn off. The offering plan states that the sponsor would not apply for residential tax benefits. The Department of Finance roll carries no exemption on any lot. What a buyer pays now is the full tax, with no step-up coming. Several condominiums nearby carry 421-a schedules, so compare carrying costs as well as prices.
It is a two-per-floor building. Floors two through six each hold an A and a B residence, with a single residence on each of the top two floors, per the certificate of occupancy.
Architecture and unit composition
Barrett Architecture designed a non-combustible (Construction Class I-B) mid-rise on an R7A lot, with sprinklers, a standpipe and a fire alarm system, per the certificate of occupancy. The ground floor holds the residential lobby, the commercial unit and apartments 1A and 1B. The cellar holds building storage and space accessory to a first-floor apartment.
Department of Finance unit areas:
- 1A: about 1,680 square feet, with the rear garden
- 1B: about 790 square feet, with a terrace
- 2A–6B: about 1,250 to 1,275 square feet each, two per floor
- PHA and PHB: full-floor residences of about 1,875 and 1,680 square feet, each with private terraces
- CM: the commercial unit, about 480 square feet
Each residence has its own condenser on the roof as a limited common element, and apartment electricity is separately metered, per the offering plan.
Building operations
The plan's first-year budget set up a lean operation: an on-call contract superintendent with porter service three times a week, a third-party managing agent, and a reserve fund restricted to capital spending. The commercial unit pays a fixed 3 percent share of building costs under the plan. It may be used for any legal purpose except disruptive uses barred by the declaration, and it may be subdivided or combined.
Ask the managing agent for current financials, the reserve balance, and any capital or façade work.
Policy framework
- No board approval. Owners may sell, lease or mortgage their units, subject to the board of managers' right of first refusal on residential units, per the offering plan.
- Buyer package. Contract, mortgage commitment, references, financial statement, employment or CPA verification, tax returns and bank statements, plus standard disclosure forms, per the purchase application on file.
- Fees. Processing and credit-check fees, move-in and move-out fees with refundable deposits, and a working capital contribution of three months' common charges, per the purchase application on file.
- Pets, subletting procedure and house rules are not documented in the materials on file. Confirm with the managing agent.
Recent sales
8 St. Marks Place trades as modern-era new construction, priced per square foot, against Boerum Hill's post-2015 condominiums and the newer buildings on the Fourth Avenue corridor. Adjust for outdoor space (the garden unit and penthouse terraces), full-floor penthouses against two-per-floor lines, and taxes. Here the full tax is already in the bill, while abated buildings nearby face step-ups.
Owner resales in 2025 were the building's first. 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.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Jan 2, 2026 | 6A | $1,725,000 |
| Oct 22, 2025 | 1B | $949,999 |
| Feb 24, 2025 | 1A | $1,575,000 |
| May 9, 2022 | 2A | $1,379,000 |
| Apr 5, 2022 | 2B | $1,369,000 |
| Mar 25, 2022 | 3A | $1,399,000 |
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 3-00395-7502) 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.
At the recent median sale of $1.57M (3 sales since 2024), a buyer putting 25% down would pay about $66,703 to close, or 4.2% of the price.
- Mansion tax: $15,750
- Mortgage recording tax: $22,739
- Title insurance: $7,087
- Attorneys, lender, building fees, reserves and filings: $21,126
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
The tax bill is the real bill. There is no abatement, so the carrying cost you underwrite now is the one you keep, subject to normal reassessment.
Budget for the working capital contribution. It is three months' common charges.
Confirm what the unit includes. Cellar storage belongs to 12 residences as a limited common element. Terraces and the garden are tied to specific units. Check the declaration for the unit you are buying.
What to know if you’re selling
Lead with the tax position. Against abated competition, a bill with no step-up coming is a selling point. Show it.
Comparable buildings
If you're considering 8 St. Marks Place, also evaluate:
- 58 Saint Marks Place: the 100-residence condominium at the Fourth Avenue end of the same block
- 610 Warren Street: a 31-residence 2017 condominium nearby, on an active 421-a schedule
- 450 Warren Street: an 18-unit new-construction condominium in Gowanus
- 457 Atlantic Avenue (The Atlantic): a 21-residence, eight-story Boerum Hill condominium over retail
- 533 Pacific Street (Post House): a 41-unit Boerum Hill condominium
- 323 Bergen Street: a large new-construction Boerum Hill condominium nearby
More Boerum Hill buildings
- 58 Saint Marks Place — 2019 condominium by Isaac & Stern Architects
- 610 Warren Street — 2015 condominium by Isaac & Stern Architects
- 71 Smith Street (The Boerum), The residential entrance is 265 State Street — 2016 condominium
- 87 Smith Street (The Smith) — 2007 condominium
- The Atlantic (457 Atlantic Avenue) — 2004 condominium
- Wyckoff House (88 Wyckoff Street) — 1905 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Boerum Hill.
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 8 St. Marks Place, Brooklyn?
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