92 Stockton Street
92 Stockton Street, Brooklyn, NY 11206
BBL 3017477508 · BIN 3426034
- Year built
- 2021
- Type
- Condominium
- Units
- 39
- Floors
- 9
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 92 Stockton Street 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 Cascade Linen Supply plant once filled most of the block between Myrtle Avenue and Stockton Street. Press accounts describe the 2012 Bedford-Stuyvesant North rezoning opening the block to residential use, and a multi-building complex planned in its place. Department of Buildings records show demolition-related filings in 2015 for the old buildings on Stockton Street and Myrtle Avenue. The new-building application for this building was filed in December 2014.
The Cascade D is the nine-story building on Stockton Street, with its own condominium number, 4968. That matters, because the Cascade name covers several separate condominiums with separate boards, budgets and tax records. A buyer should read this building's declaration and budget, not the complex's marketing.
It is a genuine for-sale condominium, and it is fully sold. Cascade 553 LLC sold all 39 apartments between January 2021 and January 2022, each to a separate buyer. The sponsor holds no residential unit today. Resales are already on record. The three ground-floor units were conveyed in 2022, two to a single commercial owner and the largest to a not-for-profit corporation.
The tax position is the second reason to look closely. A 25-year 421-a exemption with a 2020 benefit start runs, on the 25-year count, to the 2044 tax year. That is one of the longest remaining benefits among Brooklyn condominiums of this generation, and it keeps the tax line on most apartments to a small fraction of what full taxes would be.
Architecture and unit composition
Nine stories on Stockton Street, with commercial and community-facility space at grade and apartments on floors two through nine. The Department of Finance attributes about 95,000 gross square feet to the building. The layout per the roll:
- Floor 2: four apartments. 2A (about 1,485 square feet), 2B (about 1,446), 2C (about 1,369) and 2D, the largest apartment in the building at about 2,867
- Floors 3 through 8: five apartments each. A about 1,485, B about 1,446, C about 1,369, D about 1,204 and E about 1,489
- Floor 9: five apartments on a smaller plate. 9A about 1,146, 9B about 1,134, 9C about 1,383, 9D about 688 and 9E about 1,319
On the lower eight floors the plan repeats exactly, which makes floor and exposure the main things separating one A-line apartment from another. The top floor is the only place the plan changes. Whether 9th-floor units have terraces is not documented in the records reviewed.
The ground-floor units are about 1,200 square feet (unit 1, at 88 Stockton Street), about 2,760 (unit 2, at 96 Stockton Street) and about 12,100 (unit 3, at 565 Marcy Avenue). Unit 3 is held by a not-for-profit and carries a separate not-for-profit exemption (code 1021) from 2023. Ask what uses the declaration allows in the ground-floor units and how their common-charge shares were set.
Building operations
The 421-a is active, but it reached the roll late. Every residential unit lot carries code 5114 with a 2020 benefit start. On the current roll the exemption covers nearly all of each unit's assessed value except the land portion. On the 2027 assessments and a Class 2 rate of roughly 12.5 percent, that leaves a tax of about $600 to $2,500 a year for most apartments. Full taxes on the same assessments would run about $11,000 to $44,000. These are our estimates from the roll, not bills.
One anomaly to resolve. The exemption does not appear on the 2023, 2024 or 2025 rolls. Owners who closed in 2021 were billed full taxes for those years. The same pattern appears at 859 Myrtle Avenue. Ask the managing agent and the sponsor's counsel whether those years were credited back after the exemption was granted.
How the term was earned. Under the pre-2016 421-a program, a 25-year term was generally reserved for projects tied to affordable housing or government assistance. The complex did include affordable housing, which press accounts and the city's housing lottery place in a separate rental building on Myrtle Avenue. HPD's affordable-housing production data lists no project on this building's lot, and ACRIS shows no regulatory agreement on these unit lots. Confirm with the offering plan and the 421-a certificate that no unit here carries income, resale or occupancy restrictions.
Staffing, amenities, the operating budget, reserves and any agreements shared with the rest of the complex (garage, easements, cost-sharing) are not documented in sources we can verify. At about 95,000 square feet the building is covered by the city's energy benchmarking and emissions rules. Ask the managing agent for the building's position in writing.
Recent sales
92 Stockton Street trades as post-2020 new construction in northern Bedford-Stuyvesant, and should be benchmarked on a dollars-per-square-foot basis against the other Cascade condominiums, 859 Myrtle Avenue in particular, and against recent condominiums in Clinton Hill and southern Williamsburg. The tax adjustment is large. With about 18 years of 421-a left, the tax line here is a few hundred to a few thousand dollars a year, against five figures for a building whose benefit has ended. Compare buildings on full monthly carrying cost, not on price alone. The building is fully sold, so resales do not compete with sponsor pricing. 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 |
|---|---|---|
| Apr 9, 2025 | 2C | $1,209,449.91 |
| Jul 21, 2022 | — | $1,500,000 |
| Feb 2, 2022 | 7E | $895,000 |
| Jan 3, 2022 | 8E | $997,885 |
| Dec 14, 2021 | 8B | $997,885 |
| Oct 26, 2021 | 9A | $821,727.75 |
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 3-01747-7508) 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.
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.
Keep up with 92 Stockton Street and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings like92 Stockton Street. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Confirm the 421-a schedule for your unit. Pull the Department of Finance record. Confirm the benefit start, the phase-down years and whether the 2023–2025 tax years were credited.
Get the restriction answer in writing. A letter from the condominium's counsel confirming that your unit carries no income, resale or owner-occupancy restriction takes care of the question before contract.
Read this building's documents, not the complex's. Ask for the Cascade D declaration, bylaws and budget, and any agreement tying it to the other Cascade buildings.
Expect lender questions. Several units are held in LLCs or trusts. A lender reviewing entity ownership and owner occupancy may not offer a limited review.
Get the policy stack. Leasing minimums, pets, move fees and any right of first refusal are not documented in sources we can verify.
What to know if you’re selling
Sell the tax line. Put the current tax bill and the remaining 421-a schedule in the listing package. It is the building's clearest financial advantage.
Answer the credit question before a buyer asks. If the 2023–2025 taxes were refunded or credited, have the paperwork ready.
Position against the complex. Buyers will tour the other Cascade buildings. Know how your line compares in size, floor and tax.
Comparable buildings
If you're considering 92 Stockton Street, also evaluate:
- 859 Myrtle Avenue — the Cascade F Condominium on the same block; the same sponsor and architect, the same 25-year 421-a, and six unsold sponsor apartments
- 600-610 DeKalb Avenue — a 70-unit condominium in western Bedford-Stuyvesant, within a larger mixed development
- 315 Gates Avenue (315 Gates) — a Karl Fischer condominium at Bedford Avenue whose 421-a is at or past expiry; the tax contrast
- 136 Clifton Place — The Clifton Place Condominium, with a 25-year 421-a running into the 2030s
- 330 Wallabout Street — a 40-unit 2022 condominium in the same ZIP code, with no abatement
- 525 Myrtle Avenue — a 22-residence Clinton Hill condominium on Myrtle Avenue with a 15-year 421-a in its step-down
- 87 Irving Place — a 25-unit Clinton Hill condominium sold out in 2025
More Bedford-Stuyvesant buildings
- 226 Clifton Place — 2017 condominium by Karl Fischer Architects
- 315 Gates Avenue (315 Gates) — 2009 condominium by Karl Fischer Architects
- 524 Halsey Street — 1904 condominium
- 600-610 DeKalb Avenue, 600 and 610 DeKalb Avenue — 2024 condominium
- 859 Myrtle Avenue — 2018 condominium
- 970 Kent Avenue (The Kent) — 1930 condominium
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.
Considering a move at 92 Stockton Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.