104 Newel Condominium
104 Newel Street, Brooklyn, NY 11222
Overview
- Units
- 4 residential
- Subway
- 5 min walk to Nassau Av GGreenpoint Av G, 11 min
- Principals
- Anthony Morena, Ali Sandhu, Francesco Gaccione
- Average $/sf
- $1,450Homes in Schedule A, as first offered
- Common charges
- $741–$859 a monthSponsor's first-year estimate in Schedule A, December 1, 2025 - November 31, 2026
- Offering price
- $8.63 million total $8.13 million when first offered
- Floor plans
- Page 53 of the plan
The sponsor of record is 104 Newel Mg LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 331 pages. The sponsor has filed 1 amendment, the latest in September 2025. The nearest other condo plan on file is 105 Diamond Street Condominium, next door.
Plan CD250043 · Rehab · accepted May 5, 2025 · AG record ↗
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 4 of 4 |
| Closingsfirst and latest recorded | Jan 7, 2026 – Mar 25, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Apr 30, 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 4 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Jan 7, 2026 | $2,095,000 | — | — |
| 3 | Jan 16, 2026 | $1,995,000 | — | — |
| 4 | Feb 27, 2026 | $2,350,000 | — | — |
| 1 | Mar 25, 2026 | $2,225,000 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- 104 Newel Mg LLC
- Principals
- Anthony Morena, Ali Sandhu, Francesco Gaccione
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- S3 Capital$4.4 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 105 Diamond Street Condominiumnext door · 4 units · 2026
- Devine Condominiumnext door · 7 units · 2007
- 91 Diamond Streetnext door · 10 units · 2019
- 81 Mcguinness Condominiumnext door · 8 units · 2020
- 74 Diamond Condominiumnext door · 6 units
- 130 Diamond Condominiumnext door · 10 units · 2007