1st Place

New York | New York

The Soul of

City Elegance

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Dawn Gibbons

Presented At

$7,800,000

Bedrooms

Bathrooms

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112

1st Place

New York | New York

112 1st Place, Brooklyn, NY 11231, New York, New York, United States. , New York , New York 11231

112 1st Place, Brooklyn, Ny, 11231

Welcome to 112 1st Place, a rare and distinguished offering in the heart of Carroll Gardens. This massive, traditionally designed four-story gem is nestled on one of the neighborhood’s most picturesque, tree-lined, front-garden blocks. Its impressive façade is complemented by a large, beautifully maintained front courtyard, creating exceptional curb appeal.

The property features eight expansive, free-market floor-through apartments, each offering two generously sized bedrooms and classic hardwood flooring throughout. The building has been meticulously maintained by the same owner, reflecting true pride of ownership. A full, partially finished basement with three separate means of egress offers added flexibility and potential.

Prime Location:
Just steps from Court Street’s celebrated dining scene, including the renowned Lucali and Frankies 457, along with artisanal coffee roasters, specialty shops, and beloved local bakeries. The property is also minutes from the Carroll Street Station, providing convenient access to the F & G subway lines.

This is a rare chance to acquire a high-demand, income-producing asset in one of Brooklyn’s most desirable neighborhoods—perfect for investors looking to expand their portfolio with a property that blends strong returns with long-term appreciation potential.

Property

3D Street View Tour

Property Location

112 1st Place, Brooklyn, NY 11231, New York, New York, United States., New York New York

Local Weather & Climate

New York, New York

Current Conditions Updated recently

55 °F

Mist

Feels Like 55°F

Humidity 96%

Wind 24 mph

Visibility 6 mi

Sunrise 11:06 AM

Sunset 11:03 PM

5-Day Forecast

Tue 17 Mar

Clouds

High 51°

Low 34°

Wed 18 Mar

Clouds

High 37°

Low 29°

Thu 19 Mar

Clouds

High 42°

Low 34°

Fri 20 Mar

Clouds

High 50°

Low 39°

Sat 21 Mar

Clouds

High 50°

Low 44°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around New York?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Neighborhood Demographics

ZIP 11231 • 2022 ACS Data

38,829 Population

Median Age: 37.0

$130,396 Median Income

High

$1,836,600 Median Home Value

Rent: $2,309

69.1% College Graduates

Very High

Housing

Homeowners 28.2%

Renters 63.7%

Vacancy Rate 8.1%

Employment

7.5% Unemployment

35.6% Work From Home

Education Attainment (Age 25+)

High School+ 90.1%

Bachelor's+ 69.1%

Graduate+ 33.1%

Data from U.S. Census Bureau American Community Survey 2022

Local Market Trends

Real estate market data for New York

Balanced Market Balanced market conditions

$1,728,689

Median Sale Price

$4,402/mo

Avg Rent

Data provided by RentCast

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 112 1st Place, Brooklyn, NY 11231, New York, New York, United States have?

This house at 112 1st Place, Brooklyn, NY 11231, New York, New York, United States features 17 bedrooms.

What is the listing price for 112 1st Place, Brooklyn, NY 11231, New York, New York, United States?

This property is listed at $780,000,000.

What type of property is 112 1st Place, Brooklyn, NY 11231, New York, New York, United States?

This is a house located in New York, New York. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: