New York City · Commercial sale

60 North 1st buys 60 North First Street in Brooklyn for $15.6 million

A vacant land at 60 North First Street, Brooklyn sold for $15,600,000 on September 9, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 60 North First Street, Brooklyn with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale.
Sale price
$15,600,000
Sold
September 9, 2026
Property type
Vacant land
Lot size
10,000 sq ft

A vacant lot at 60 North First Street in Brooklyn sold for $15,600,000. The sale closed on September 9, 2026. City property records recorded the deal.

AG Realty LLC sold the land to 60 North 1st LLC. The lot covers 10,000 square feet. No building stands on it, tax records show.

The tax roll lists the land's market value at $300,000. The sale price was $15,600,000.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in New York City?

By our estimate, the seller's two largest charges, not counting prorations, were $409,500 for the nYC real property transfer tax (commercial/other) and $62,400 for the nY State real estate transfer tax. Who pays what follows New York City custom.

How much did the seller net?

By our estimate, the seller netted about $15,294,605. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $15,862,834 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

60 North First Street, Brooklyn, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026091400587001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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