THE CONDO BOOK PROJECT

807 Manhattan Avenue Condominium

1080 Lorimer Street, Brooklyn, NY 11222

Compare

Overview

Units
29 residential · 10 storage · 1 commercial
Subway
4 min walk to Greenpoint Av GNassau Av G, 5 min
Principals
David Schwartz, Martin Nussbaum
Average $/sf
$1,448Homes in Schedule A, as first offered
Common charges
$482–$1,536 a monthSponsor's first-year estimate in Schedule A, July 1, 2020 Through June 30, 2021
Offering price
$53.6 million total $55.3 million when first offered

The sponsor of record is 807 Manhattan Avenue LLC, represented by Abrams Fensterman, Fensterman, Et Al, LLP. The offering plan runs 558 pages. The sponsor has filed 8 amendments, the latest in February 2023. The nearest other condo plan on file is Calyer Greenpoint, next door.

Plan CD190223 · Rehab · accepted Dec 10, 2019 · AG record ↗

Compare

FigureThis building167 Livingston222 units · 3.2 miaccepted 2018Polhemus Residences317 units · 3.5 miaccepted 2016
Common ChargesPer Square Foot / Month$0.68In line$0.43$1.42
Average Offering PricePer Apartment$1.9MLowest$3.12M$3.94M
Average PricePer Square Foot$1,448Below peers$1,702$1,684
Property TaxesPer Square Foot / Month$1.73Highest$1.20$1.39
Average Unit SizeSquare Feet1,314 SFSmallest1,832 SF2,338 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 67 Livingston and Polhemus Residences, cited to the offering plans. No credit card required.

Create a free account
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 A29 of 29
Closing prices vs. Schedule A25 homes: $40,349,732 at closing against $45,754,000 in Schedule A (p. 53, p. 54)−11.8%
Average closing price25 homes, on their Schedule A square feet$1,219 / SF
Closingsfirst and latest recordedApr 27, 2022 – Jan 11, 2024

Sales recorded with the Department of Finance (ACRIS) through Jul 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 29 closings
HomeRecordedClosing priceSchedule ADifference
3CApr 27, 2022$1,620,000$1,780,000 p. 54−9%
PHANov 3, 2022$3,350,000——
PHDNov 7, 2022$2,200,000——
3HNov 9, 2022$1,785,000$1,805,000 p. 54−1.1%
3ANov 16, 2022$2,200,000$2,200,000 p. 540%
2ANov 28, 2022$2,100,000$2,150,000 p. 53−2.3%
3BNov 29, 2022$940,000$1,075,000 p. 54−12.6%
1ENov 30, 2022$1,017,232$999,000 p. 53+1.8%
2FNov 30, 2022$1,580,000$1,725,000 p. 53−8.4%
2GDec 1, 2022$1,267,500$1,375,000 p. 53−7.8%
3FDec 1, 2022$1,595,000$1,755,000 p. 54−9.1%
1FJan 23, 2023$2,225,000$2,795,000 p. 53−20.4%
2CJan 25, 2023$1,595,000$1,750,000 p. 53−8.9%
2DJan 31, 2023$1,650,000$1,950,000 p. 53−15.4%
3GJan 31, 2023$1,250,000$1,400,000 p. 54−10.7%
3EMar 13, 2023$1,415,000$1,850,000 p. 54−23.5%
2BMar 30, 2023$955,000$1,050,000 p. 53−9%
2EApr 11, 2023$1,305,000$1,650,000 p. 53−20.9%
3DApr 13, 2023$1,675,000$1,875,000 p. 54−10.7%
2JApr 25, 2023$1,675,000$1,850,000 p. 53−9.5%
1CMay 3, 2023$1,950,000$2,450,000 p. 53−20.4%
PHBMay 8, 2023$2,515,000——
1DAug 10, 2023$1,765,000$1,895,000 p. 53−6.9%
1BAug 23, 2023$2,200,000$2,850,000 p. 53−22.8%
3JAug 28, 2023$1,730,000$1,880,000 p. 54−8%
PHCSep 13, 2023$980,000——
1ADec 15, 2023$1,550,000$1,875,000 p. 53−17.3%
1GJan 10, 2024$1,730,000$1,995,000 p. 53−13.3%
2HJan 11, 2024$1,575,000$1,775,000 p. 53−11.3%

Pro

Closings are for subscribers

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

Subscribe to seeAlready a member? Sign in

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
807 Manhattan Avenue LLC
Principals
David Schwartz, Martin Nussbaum
Tax estimate
Lawrence J. Berger, P.C.Prepared the first-year real estate tax projection
Construction lender
Bank OZK

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

Nearby