--- title: "686 Leonard Street #PH, New York City, NY 11222" description: "686 Leonard Street #PH, New York City, NY 11222 — Greenpoint, New York City, NY. Listing Price $2,995,000. 3 bed, 3 bath, 1,565 sqft Illustrative Buyer Commission Share of $44,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11222/686-leonard-street-ph-ny-11222" source: "Real Estate Rebate Team" dateModified: "2026-09-08T10:03:52.816Z" status: "Active" --- # 686 Leonard Street #PH, New York City, NY 11222 Greenpoint, New York City, NY **New Development · Sponsor Residence** Courtesy of Compass Last updated: September 8, 2026, 6:03 AM ## At a Glance - **Listing Price**: $2,995,000 - **Beds**: 3 - **Total Baths**: 3 - **Sqft**: 1,565 - **Common Charges**: $904 / mo - **Monthly Taxes**: $1,564 / mo - **Price per Sqft**: $1,914 - **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**: $2,995,000 - **Illustrative Buyer Commission Share**: -$44,925* - **Illustrative Net Cost**: $2,950,075 *Illustrative Buyer Savings of $44,925 — 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 (1) ![686 Leonard Street #PH, New York City, NY 11222 — photo 1 of 1](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a68a16ee-ddaf-4b26-bf31-c2851da839de.jpg) ## Property Overview NEW DEVELOPMENT Welcome to the Penthouse at 686 Leonard — an extraordinary three-bedroom, two-and-a-half-bath triplex that crowns the building with uncompromising luxury, soaring double-height ceilings, and three expansive private outdoor spaces offering unobstructed Manhattan views. At 1,565 square feet of interior space plus 1,200 square feet of exterior space, this is the ultimate expression of sophisticated urban living for those who refuse to compromise on room, light, outdoor living, and state-of-the-art finishes and design. The elevator opens directly into your penthouse sanctuary. Soaring double-height ceilings flood the living, dining, and kitchen areas with extraordinary light and volume, creating an expansive sense of freedom rarely found in the city. European white oak hardwood floor in a warm Desert Sand finish anchors the space, while floor-to-ceiling windows frame the sky above. The generous living and dining areas flow seamlessly into one another, opening onto a sprawling terrace perfect for entertaining and soaking in unobstructed views. The kitchen is a chef’s dream: Italian cabinetry by The Cut in walnut finish, paired with Macchia Antica honed marble countertops that ground the space with understated elegance. A complete Miele appliance package—including a built-in drawer microwave—ensures precision and performance. Kohler fixtures complete the culinary sanctuary. Three generously proportioned bedrooms with abundant closet space, all finished with custom organizers and design, provide flexibility and comfort. The master bedroom is a sanctuary unto itself, featuring substantial storage, a luxurious ensuite with Carrara marble countertops, radiant heat floors, a walk-in shower, Restoration Hardware vanities, and Kohler fixtures. A private terrace off the primary bedroom faces west, framing unobstructed Manhattan skyline views - your personal perch above the city. The powder room showcases Italian Pietra Grigio marble and West Elm vanities. A second full bathroom with radiant heat floors, Restoration Hardware vanities, and Kohler fixtures serves the additional bedrooms. Climate control is handled by a super-efficient HVAC system with multiple zones, ensuring comfort tailored to your needs. In-unit washer and dryer complete the home’s conveniences. A dedicated private storage unit provides essential organization. But the true crown jewel is your private roof deck—an entire floor of sky and light with unobstructed Manhattan views, your own private refuge above the city. Combined with the terrace off your living area and the intimate terrace from your primary bedroom, you command three distinct outdoor sanctuaries. 686 Leonard represents a masterwork of contemporary residential design. Located on a tree-lined street just two blocks from McCarren Park — with its pool, track, sports courts, and seasonal greenmarket — this home sits at the heart of one of Brooklyn’s most vibrant neighborhoods in NOMAC, north of McCarren Park, where North Williamsburg meets Greenpoint. World-class dining, shopping, and cultural venues line nearby avenues, while the waterfront, excellent transit including the G and L trains, and ferry terminals provide seamless connectivity throughout the city. Visit 686Leonard.com for more details. *Images are of model residences and may differ from the actual layout and views. Images are artist renderings. The complete offering term are in an offering plan available from the sponsor file CD25-0102. The exact finishes and dimensions may vary in accordance with terms outlined in the offering plan. The unit layout, square footage and dimensions are approximate and subject to normal construction variances and tolerances. All renderings are​​‌​​​​‌​​‌‌​​​‌​‌​​​​​‌​‌​​​‌​​​​‌‌​​​‌ conceptual. ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Total Baths**: 3 - **Rooms**: 5 - **Sqft**: 1,565 sqft - **Stories**: 5 - **Year Built**: 2026 - **Price per Sqft**: $1,914 - **Common Charges**: $904 / Monthly - **Monthly Taxes**: $1,564 / mo - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Central - In Unit - See Remarks - Private Outdoor Space Over 60 Sqft - High Ceilings - Kitchen Island - Dishwasher - Refrigerator - Hardwood - Tile - City ## Buying in a new development? Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo. [Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc) ## Sales Evidence ### How this price compares The median closed price for comparable condo three-bedroom sales in Greenpoint is $2,663,750, based on 28 sales between September 2024 and June 2026. This home is asking $2,995,000, $331,250 above that median. The middle half of those sales closed between $2,242,530 and $3,119,686. - **Median closed price**: $2,663,750 - **Middle half**: $2,242,530 – $3,119,686 - **Based on**: 28 condo three-bedroom sales in Greenpoint - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,778/ft² Across the 26 of these sales with a published asking price, the median closed at 100% of what it originally asked. 35% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Greenpoint instead. ### How these sales were negotiated - **Sold vs original ask**: 100% of the original ask - **Closed below ask**: 35% of 26 sales - **Listed → in contract**: 58 days (about 8 weeks) - **In contract → closed**: 53 days (about 8 weeks) Across the 26 of these sales with a published asking price, the median closed at 100% of what it originally asked. 35% of them closed below the original ask. Half of these homes were in contract within 58 days (about 8 weeks) of coming to market, based on the 26 with a recorded listing date. Once a deal was agreed, closing took a further 53 days (about 8 weeks), based on the 25 with both dates recorded. 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. Based on 28 condo three-bedroom sales in Greenpoint, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house three-bedroom sales in Greenpoint, 2019 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2019 | $2,447,666 | 10 | | 2024 | $2,830,482 | 32 | | 2025 | $2,600,913 | 13 | | 2026 | $2,425,000 | 11 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Greenpoint instead. 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 686 Leonard Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/686-leonard-street) ## About The Building ### 686 Leonard Street 686 Leonard Street, Brooklyn, NY 11222 A building in the neighborhood, currently featuring 2 active listings. - **Year Built**: 2026 - **Total Units**: 2 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/686-leonard-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PH](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11222/686-leonard-street-ph-ny-11222) | 3 | 3 | 1,565 sqft | $1,914 | $2,995,000 | Compass | Sep 8, 2026 | 0 days | | [2](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11222/686-leonard-street-2-ny-11222) | 3 | 3 | 1,556 sqft | $1,796 | $2,795,000 | Compass | Jul 1, 2026 | 69 days | ## Estimated Monthly Payment **$17,612 / month**, assuming a 20% down payment ($599,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $15,144 - **Property Taxes**: $1,564 - **Common Charges**: $904 Estimates only. Actual payments may vary. Confirm terms with your lender. ## This is a new development purchase Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price. - [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator) - [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc) - [More new developments](https://realestaterebatesnewyork.com/new-developments) ## Greenpoint Overview of Greenpoint [Explore Greenpoint](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Greenpoint - [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg) - [Long Island City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city) - [Sunnyside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/sunnyside) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) ## Related Links - [686 Leonard Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/686-leonard-street) - [Greenpoint neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint) - [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.