THE CONDO BOOK PROJECT

1019 Hancock Street Condominium

1019 Hancock Street, Brooklyn, NY 11221

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Overview

Units
8 residential
Subway
3 min walk to Halsey St JChauncey St J Z, 9 min
Principals
Aviad Rave
Average $/sf
$1,154Homes in Schedule A, as first offered
Common charges
$351–$510 a monthSponsor's first-year estimate in Schedule A, January 1, 2025 To December 31, 2025
Offering price
$7.27 million total $7.5 million when first offered

The sponsor of record is 1019 Hancock Street LLC, represented by Eial Girtz, PC. The offering plan runs 296 pages. The sponsor has filed 3 amendments, the latest in September 2026. The nearest other condo plan on file is 1009 Hancock Street Condominium, next door.

Plan CD240094 · New · accepted Aug 6, 2024 · AG record ↗

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FigureThis building11020 Hancock28 units · 0 miaccepted 20241048 Flushing38 units · 1.3 miaccepted 2024
Common ChargesPer Square Foot / Month$0.51In line$0.59$0.43
Average Offering PricePer Apartment$903,125In line$780,250$948,750
Average PricePer Square Foot$1,154In line$1,181$1,104
Property TaxesPer Square Foot / Month$0.32In line$0.29$0.78
Average Unit SizeSquare Feet783 SFIn line661 SF859 SF

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Unit mix, closings, budgets, finishes and the team, against 1020 Hancock and 1048 Flushing, 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 closed63% of the homes in Schedule A5 of 8
Closing prices vs. Schedule A5 homes: $3,943,145 at closing against $4,305,000 in Schedule A (p. 40)−8.4%
Average closing price5 homes, on their Schedule A square feet$1,017 / SF
Closingsfirst and latest recordedFeb 13, 2026 – Aug 5, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2026: 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 5 closings
HomeRecordedClosing priceSchedule ADifference
3AFeb 13, 2026$840,000$845,000 p. 40−0.6%
4BMar 12, 2026$867,500$945,000 p. 40−8.2%
2AMar 17, 2026$749,000$825,000 p. 40−9.2%
1AJul 7, 2026$712,775$795,000 p. 40−10.3%
3BAug 5, 2026$773,870$895,000 p. 40−13.5%

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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
1019 Hancock Street LLC
Principals
Aviad Rave
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
LYZ$3.2 million loan stated in the plan

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

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