--- title: "1 CITY Point #48E, New York City, NY 11201" description: "1 CITY Point #48E, New York City, NY 11201 — Downtown Brooklyn, New York City, NY. Listing Price $2,895,000. 3 bed, 2 bath, 1,485 sqft Illustrative Buyer Commission Share of $43,425 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-48e-ny-11201" source: "Real Estate Rebate Team" dateModified: "2026-10-20T17:39:36.475Z" status: "Active" --- # 1 CITY Point #48E, New York City, NY 11201 Downtown Brooklyn, New York City, NY **Sponsor Residence** Courtesy of Serhant Last updated: October 20, 2026, 1:39 PM ## At a Glance - **Listing Price**: $2,895,000 - **Beds**: 3 - **Baths**: 2 - **Sqft**: 1,485 - **Common Charges**: $2,088 / mo - **Price per Sqft**: $1,949 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,895,000 - **Illustrative Buyer Commission Share**: -$43,425* - **Illustrative Net Cost**: $2,851,575 *Illustrative Buyer Savings of $43,425 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1 CITY Point #48E, New York City, NY 11201 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f746c692-4973-4710-bc6f-79b9540b8957.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7356cc19-a21f-41a3-963a-3d8f4a56a821.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae65fed8-6347-4726-bddf-259710fc5d65.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60e3b6d7-5422-44ce-90d7-5e580046853d.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67612166-2b63-4611-9c42-c81663385416.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f3a6e6bc-4d94-4275-9ef4-f5814fbf0b4b.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f8d3cb17-31ac-4032-bf24-a6d8ceb2a5ee.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/53603871-a7d8-4087-b941-3036800b2e83.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6a388066-a0eb-4fd2-9e74-c861eb25f076.jpg) ![1 CITY Point #48E, New York City, NY 11201 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4d178058-de44-459b-8efc-2d477fb1869f.jpg) ## Property Overview TENANT IN PLACE THE SMARTEST BUY IN BROOKLYN BROOKLYN POINT OFFERS ONE OF THE LAST 25-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY. ESTIMATED ANNUAL SAVINGS FOR RESIDENCE 48E: $28,892. A pristine corner residence nestled in the prestigious Brooklyn Point development, this stunning 3-bedroom, 2-bathroom home is a portrait of contemporary Brooklyn living. Features of this 1,485 sq. ft. home include beautiful wide plank stained oak floors, floor-to-ceiling windows with southern and eastern exposure and panoramic views of Brooklyn, an in-home washer/dryer, and a harmonious light wood color palette with satin copper fixtures and finishes designed to accentuate space and natural light. A welcoming foyer adorned with a coat closet and full bathroom flows into a spacious open-concept living room, dining room, and kitchen saturated with natural light. The kitchen is equipped with an eat-in island, sleek white quartz countertops, custom oak millwork, a built-in Sub-Zero wine refrigerator, and fully-integrated appliances from Miele including a 4-burner gas range, 30" refrigerator, oven, speed oven, and whole bean coffee machine. A thoughtful split-wing layout separates the primary and secondary bedrooms. The primary bedroom has a walk-in closet and an immaculate en-suite bathroom with a floating double vanity, imported stone surfaces, custom Waterworks fixtures, a walk-in rain shower, and radiant heated floors. The secondary bedrooms have their own closet space and easy access to the home's second full bathroom. Located in the trendy Downtown Brooklyn neighborhood, Brooklyn Point is a transformative residential development offering residents a one-of-a-kind living experience. It is the only for-sale residential building at the popular retail, dining, and entertainment center, City Point. And it has one of the most comprehensive amenities packages in the entire city with 40,000 sq. ft. of private indoor and outdoor facilities including the highest residential infinity pool in the Western Hemisphere. It is close to Cadman Plaza, Commodore Barry, and Fort Greene Parks, Brooklyn Academy of Music, Barclays Center, and several unique Brooklyn neighborhoods that include Brooklyn Heights, DUMBO, Fort Greene, Cobble Hill, and Boerum Hill. It is just one stop from Manhattan and has easy access to 11 subway lines. Building Services & Amenities Include: 24- Hour Attended Lobby Concierge Doorman Dry Cleaning Valet Stroller Valet Package room Cold storage Pet Spa Bicycle Storage Storage Bins Park Lounge & Bar Landscaped Terrace Firepit Putting Green Grills Children's indoor playroom Children's Outdoor playground Screening & Performance Room Chef's kitchen Wine Library Private Study Game room Fitness Center Pilates Studio Rock Climbing Cycling Studio Yoga Studio Indoor Swimming Pool Steam Room Infrared Sauna Hot Tub Squash/Basketball Court Rooftop Infinity Pool Managed by Extell Management Services. Photos represent building finishes THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABILY FORM SPONSOR FILE NO. CD16-0008. ## Property Details - **Property Type**: Condop - **Beds**: 3 - **Baths**: 2 - **Rooms**: 5 - **Sqft**: 1,485 sqft - **Stories**: 68 - **Year Built**: 2019 - **Price per Sqft**: $1,949 - **Common Charges**: $2,088 / Monthly - **Listed On**: Oct 20, 2026 - **Days on Market**: 1 Days ### Residence Features - Building Other - City - River ## Estimated Monthly Payment **$16,727 / month**, assuming a 20% down payment ($579,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $14,639 - **Common Charges**: $2,088 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 13 apartments at 1 City Point have recorded sales since October 2021, the most recent for $2,000,000 in October 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [19E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-19e-ny-11201) (Apartment) | 2 | 1,169 | $2,000,000 | $1,711/ft² | October 16, 2026 | MLS | | [21E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-e-21E-ny-11201) (Apartment) | 2 | 1,171 | $1,985,000 | $1,695/ft² | October 16, 2026 | MLS | | [45C](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-c-45C-ny-11201) (Apartment) | 2 | 1,147 | $2,160,000 | $1,883/ft² | October 1, 2026 | MLS | | [66C](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-c-66C-ny-11201) (Apartment) | 2 | 1,146 | $2,430,000 | $2,120/ft² | October 1, 2026 | MLS | | [53C](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-c-53C-ny-11201) (Apartment) | 2 | 1,144 | $2,300,000 | $2,010/ft² | October 1, 2026 | MLS | | [23E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-23e-ny-11201) (Apartment) | 2 | 1,169 | $2,050,000 | $1,754/ft² | September 9, 2026 | MLS | | [30K](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-30k-ny-11201) (Apartment) | 1 | 728 | $1,250,000 | $1,717/ft² | September 2, 2026 | City record · MLS | | [59E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-e-59E-ny-11201) (Apartment) | 3 | 1,499 | $3,081,561 | $2,056/ft² | August 10, 2026 | City record · MLS | | [18H](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-h-18H-ny-11201) (Apartment) | 1 | — | $1,255,000 | — | July 29, 2026 | MLS | | 63A (Apartment) | 2 | 1,181 | $2,550,000 | $2,159/ft² | March 2, 2026 | City record · MLS | | 46F (Apartment) | 1 | — | $1,381,875 | — | October 9, 2025 | City record · MLS | | 24H (Apartment) | 1 | 739 | $1,275,000 | $1,725/ft² | February 6, 2025 | City record · MLS | | 41B (Apartment) | 2 | 1,058 | $1,745,000 | $1,649/ft² | January 20, 2022 | MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $2,895,000 - **Median sold price**: $2,203,006 - **Difference**: +$691,994 (+31.4%) - **This home, $/ft²**: $1,949 - **Median $/ft²**: $1,457 - **Comparable sales**: 12 - **Sales from**: November 2024 – August 2026 - **Middle half of those sales**: $951,800 – $3,007,838 Based on co-op three-bedroom sales in Downtown Brooklyn. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Downtown Brooklyn instead. ### How these sales were negotiated - **Sale-to-list price**: 99.4% (9 sales) - **Sold below asking**: 56% (9 sales) - **Typical time to find a buyer**: 72 days (9 sales) - **Typical time to close**: 52 days (9 sales) Based on co-op three-bedroom sales in Downtown Brooklyn with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through October 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 1 City Point](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1-city-point) ## About The Building ### 1 City Point Downtown Brooklyn · Condop 1 City Point, Brooklyn, NY 11201 A building in Downtown Brooklyn, currently featuring 2 active listings. - **Year Built**: 2019 - **Active Units**: 2 - **Floors**: 68 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1-city-point) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [48E](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-48e-ny-11201) | 3 | 2 | 1,485 sqft | $1,949 | $2,895,000 | Serhant | Oct 20, 2026 | 1 days | | [62D](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11201/1-city-point-62d-ny-11201) | 3 | 3 | 1,455 sqft | $2,268 | $3,300,000 | Corcoran Group | Oct 19, 2026 | 2 days | ## Downtown Brooklyn Overview of Downtown Brooklyn [Explore Downtown Brooklyn](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Downtown Brooklyn - [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) - [Vinegar Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/vinegar-hill) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [DUMBO real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/dumbo) - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) - [Cobble Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill) ## Related Links - [1 City Point — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1-city-point) - [Downtown Brooklyn neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.