Estimated Pricing Filed for Four Condos at 99 2nd Place in Carroll Gardens

Nov 1

Welcome to 99 2nd Place, four new condos on the corner of Court Street and 2nd Place in Carroll Gardens, also known as 420 Court Street. The homes sit above two ground-floor commercial spaces, and every one comes with its own private terrace. The New York State Attorney General has accepted the offering plan, so estimated pricing is now on file.

Where Things Stand

The offering plan for The 99 2nd Place Condominium has been accepted by the New York State Attorney General. Acceptance means the sponsor has filed its full disclosure with the state, including the price schedule, the projected building budget and the projected first closing, and can now sign contracts. Acceptance doesn't mean every home is about to hit the market: construction runs on its own timeline, and the sponsor decides when each home is offered. Join my early access list below and you'll hear about availability before it reaches StreetEasy.

What the Offering Plan Shows

These are estimates from the sponsor's offering plan. Prices and costs can change through amendments.

Four residences: three full-floor three-bedrooms and a four-bedroom duplex on the top two floors
Estimated pricing: three-bedrooms from $2,800,000 to $3,300,000; the four-bedroom duplex at $4,740,000
Estimated price per square foot: about $2,000 across the four homes
Estimated monthly costs: common charges plus real estate taxes are estimated at $2,277 to $3,657 per month
Taxes: no 421-a or other tax abatement, so the tax estimates are the full amount

All figures are estimates from the offering plan and subject to change.

New to offering plans? The offering plan is the legal document that creates the condo and lays out every detail of the purchase, including the sponsor's estimates. Reach out with any questions about how it works.

Buying in a New Development?

New construction works differently than a resale: offering plans, sponsor contracts, closing costs and timelines all have their own rules.

Read my guide to buying a new development condo →

A Closer Look at the Building

The homes take floors two through six, above two commercial spaces facing Court Street. The second, third and fourth floors are each a full-floor three-bedroom of about 1,403 to 1,643 square feet, and the four-bedroom, four-and-a-half-bath duplex takes the fifth and sixth floors at about 2,370 square feet. Every home has a private roof terrace of about 213 to 430 square feet, and the third-floor home adds a balcony. The plan calls for an elevator, individual Mitsubishi heat pumps for heating and cooling, and an induction range, refrigerator and dishwasher in each home, with hookups for a stackable washer and dryer (the machines aren't included). Three cellar storage rooms are offered separately.

Want the floor plans? Send me a note and I'll share them.

Carroll Gardens Highlights

Carroll Gardens is one of Brooklyn's most tightly held brownstone neighborhoods: tree-lined blocks with deep front gardens, an Italian-American history that still shows up in the bakeries and shops along Court Street, the restaurant row on Smith Street, and Carroll Park at its center. The building stock is small-scale, so new condos here are rare.

The F and G at Carroll Street, about a 2-minute walk
The D, N and R at Union Street and the A, C and G at Hoyt-Schermerhorn, about 15 to 17 minutes
Smith Street, Court Street and Carroll Park, right outside the door

Katie's Take

I track every new development filing in Brooklyn, and this one stands out for two reasons: it's one of the only new Carroll Gardens condos with an elevator, and every home has its own private terrace. At an estimated $2,000 or so a square foot, it's priced near the top of the new condos in the neighborhood, alongside 361 Union Street, but these are full-floor three-bedrooms on Court Street rather than townhouse-style homes. With only four homes in the building, this is one to follow closely.