THE CONDO BOOK PROJECT

101 South 4th Street Condominium

101 South 4th Street, Brooklyn, NY 11249

Overview

Units
2 residential
Subway
9 min walk to Marcy Av J M ZBedford Av L, 11 min
Principals
Alina Cherny
Common charges
$972–$978 a monthSponsor's first-year estimate in Schedule A, January 1, 2025-December 31, 2025
Offering price
$5.6 million total

The sponsor of record is 200 Lenox LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 350 pages. The nearest other condo plan on file is 89 South 4 Street Condominium, next door.

Plan CD240104 · New · accepted Nov 7, 2024 · AG record ↗

Compare

FigureThis building179 South 2nd23 units · 0.1 miaccepted 2025455 Keap32 units · 0.6 miaccepted 2025
Average Offering PricePer Apartment$2.8MIn line$3M$2.5M

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Unit mix, closings, budgets, finishes and the team, against 79 South 2nd and 455 Keap, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed100% of the homes in Schedule A2 of 2
Closing prices vs. Schedule A2 homes: $4,353,019 at closing against $5,600,000 in Schedule A (p. 33)−22.3%
Closingsfirst and latest recordedFeb 28, 2025 – May 1, 2025

Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2025: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 2 closings
HomeRecordedClosing priceSchedule ADifference
1Feb 28, 2025$2,163,781$2,800,000 p. 33−22.7%
2May 1, 2025$2,189,238$2,800,000 p. 33−21.8%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
200 Lenox LLC
Principals
Alina Cherny
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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