--- title: "78 1st Place #5, New York City, NY 11231" description: "78 1st Place #5, New York City, NY 11231 — Carroll Gardens, New York City, NY. Listing Price $2,750,000. In contract 6/23/2025. 3 bed, 2 bath, 1,500 sqft Illustrative Buyer Commission Share of $41,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11231/78-1st-place-5-ny-11231" source: "Real Estate Rebate Team" status: "Pending" --- # 78 1st Place #5, New York City, NY 11231 Carroll Gardens, New York City, NY **Sponsor Residence** Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $2,750,000 - **Status**: In contract 6/23/2025 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 3 - **Baths**: 2 - **Sqft**: 1,500 - **Common Charges**: $550 / mo - **Price per Sqft**: $1,833 - **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**: $2,750,000 - **Illustrative Buyer Commission Share**: -$41,250* - **Illustrative Net Cost**: $2,708,750 *Illustrative Buyer Savings of $41,250 — 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) ![78 1st Place #5, New York City, NY 11231 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f12a93d8-1415-4c6f-8b2a-572a733bf4ec.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/42f401b9-2eb6-4b07-bb9b-7dbb2351d703.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/788fc258-8638-4020-98ca-f22730eecaa3.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8a0b6324-6c08-410c-b03f-4cd88c7c5ccc.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1a70749c-7781-4dc0-bf9f-9e17cd632cc0.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/49578f0c-7304-4aee-80c8-a13e2862f4e7.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c00b00ae-e461-4013-96af-70be8d032695.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f3734ba7-02f2-4e18-ada3-cb99b3b72c7a.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e6fe6f97-1b80-4661-b8c4-36467780cf64.jpg) ![78 1st Place #5, New York City, NY 11231 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ebe59eb5-0b00-4c70-83a0-c0384b5cac95.jpg) ## Property Overview Welcome to Boutique Luxury in the Heart of Carroll Gardens! Nestled on one of Carroll Gardens" most coveted blocks, 78 1st Place is Brooklyn's newest boutique condominium, offering six exclusive keyed-elevator residences. Crafted with exceptional attention to detail, each full-floor home in this nearly 30-foot-wide building is bathed in natural light-providing the space and luxury you dream of finding in condo living. Residence No. 5 is a spacious three-bedroom, two-bathroom home occupying the entire fifth floor. A private keyed elevator opens directly into a bright great room, where oversized windows frame treetop views with glimpses of the Lower Manhattan skyline. The open layout is ideal for both everyday living and effortless entertaining. A standout feature of this residence is the 564-square-foot private roof terrace, offering stunning southern views of the water and the Statue of Liberty. Whether hosting al fresco dinners or enjoying a quiet moment above the city, this expansive outdoor space offers a rare and serene retreat. The primary suite easily accommodates a king-size bed and features a stunning en-suite bath with floor-to-ceiling marble and premium fixtures. The two additional bedrooms offer generous proportions, with the front bedroom providing flexible use as a home office, guest room, or third bedroom. Throughout the residence, thoughtful design meets modern convenience, with multi-zone central AC, sustainable white oak flooring, energy-efficient windows, and an in-unit Miele washer and dryer. The chef's kitchen is as functional as it is elegant, featuring custom cabinetry, marble countertops, smart storage solutions, a wine refrigerator, and integrated Bertazzoni appliances. A state-of-the-art video intercom system adds an extra layer of security and ease. Situated on 1st Place between Clinton and Court Streets, this home is surrounded by the best of Carroll Gardens-renowned dining, boutique shopping, and cultural institutions. Just moments from Carroll Park and Brooklyn Bridge Park, the location offers the perfect blend of neighborhood charm and city vibrancy. The Carroll Street F/G subway station is just two blocks away, with express train access at Borough Hall for a seamless commute to Manhattan and beyond. Experience craftsmanship, natural light, and sophisticated design at 78 1st Place-Welcome Home. The complete terms are in an offering plan available from the Sponsor (File No: CD240139) ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Baths**: 2 - **Rooms**: 10 - **Sqft**: 1,500 sqft - **Stories**: 4 - **Year Built**: 1910 - **Price per Sqft**: $1,833 - **Common Charges**: $550 / Monthly - **Listed On**: Apr 24, 2025 - **Days on Market**: 511 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Private Outdoor Space Over 60 Sqft - Bridge(s) - City - River ## Estimated Monthly Payment **$14,455 / month**, assuming a 20% down payment ($550,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $13,905 - **Common Charges**: $550 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 7 apartments at 78 1st Place have recorded sales since September 2021, the most recent for $2,550,000 in March 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 3 (Apartment) | 3 | 1,480 | $2,550,000 | $1,723/ft² | March 16, 2026 | City record · MLS | | 5 (Apartment) | 3 | 1,338 | $2,500,000 | $1,868/ft² | November 6, 2025 | City record | | 2 (Apartment) | 3 | 1,452 | $2,600,000 | $1,791/ft² | November 6, 2025 | City record · MLS | | 6 (Apartment) | 4 | 1,732 | $3,400,000 | $1,963/ft² | October 30, 2025 | City record · MLS | | 4 (Apartment) | 3 | 1,416 | $2,600,000 | $1,836/ft² | October 29, 2025 | City record · MLS | | 1 (Duplex) | 3 | 2,513 | $3,132,163 | $1,246/ft² | October 21, 2025 | City record · MLS | | Entire property (Single Family Residence) | 4 | 3,000 | $3,485,000 | $1,162/ft² | September 27, 2024 | 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**: $2,750,000 - **Median sold price**: $2,600,000 - **Difference**: +$150,000 (+5.8%) - **This home, $/ft²**: $1,833 - **Median $/ft²**: $1,791 - **Comparable sales**: 5 - **Sales from**: October 2025 – March 2026 - **Middle half of those sales**: $2,550,000 – $2,600,000 Based on three-bedroom sales at 78 1ST Place. ### How these sales were negotiated - **Sale-to-list price**: 96.7% (4 sales) - **Sold below asking**: 100% (4 sales) - **Typical time to find a buyer**: 101 days (4 sales) - **Typical time to close**: 58 days (4 sales) Based on three-bedroom sales at 78 1ST Place 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 March 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 78 1ST Place](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/78-1st-place) ## Price and Property History for 78 1ST Place, Unit 5 Review the recorded listing activity for 78 1ST Place, Unit 5, including asking-price changes and prior market dates. - **Entered contract**: June 23, 2025 | Date | Price | Listing event | | --- | --- | --- | | June 23, 2025 | $2,750,000 | Entered contract | | April 24, 2025 | $2,750,000 | Listed for sale by Douglas Elliman Real Estate | ## Property Tax History Taxes at 78 1st Place #5 were $13,907 in 2026. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $166,911 | $30,880 | $136,031 | $111,258 | $13,907 | 12.5% (estimated) | The City has not published the official FY2026/27 tax rate yet. We calculated the tax for that year using the prior year’s rate, so treat it as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3003611305. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 78 1st Place Carroll Gardens · Condominium 78 1st Place, Brooklyn, NY 11231 A building in Carroll Gardens, currently featuring 0 active listings. - **Year Built**: 1910 - **Active Units**: 0 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/78-1st-place) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11231/78-1st-place-5-ny-11231) | 3 | 2 | 1,500 sqft | $1,833 | $2,750,000 — In contract | Douglas Elliman Real Estate | Apr 24, 2025 | 510 days | ## Carroll Gardens Overview of Carroll Gardens [Explore Carroll Gardens](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Carroll Gardens - [Cobble Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) - [Columbia St real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/columbia-st) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Red Hook real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/red-hook) - [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) ## Related Links - [78 1ST Place — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/78-1st-place) - [Carroll Gardens neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens) - [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.