THE CONDO BOOK PROJECT

109 Devoe Street Condominium

109 Devoe Street, Brooklyn, NY 11211

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Overview

Units
9 residential
Subway
3 min walk to Graham Av LMetropolitan Av/Lorimer St G L, 4 min
Principals
Meir Daus, Elad Ben-Kimon
Average $/sf
$1,729Homes in Schedule A, as first offered
Common charges
$392–$653 a monthSponsor's first-year estimate in Schedule A
Offering price
$15.8 million total $15.2 million when first offered

The sponsor of record is Devoe Condominiums LLC, represented by Eial Girtz, PC. The offering plan runs 276 pages. The sponsor has filed 1 amendment, the latest in December 2025. The nearest other condo plan on file is 273-275 Manhattan Avenue Condominium, next door.

Plan CD250187 · New · accepted Oct 31, 2025 · AG record ↗

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FigureThis building1221 Middleton210 units · 0.7 miaccepted 2025Orson36 units · 0.3 miaccepted 2025
Common ChargesPer Square Foot / Month$0.48Below peers$0.60$0.51
Average Offering PricePer Apartment$1.88MLowest$2.26M$2.27M
Average PricePer Square Foot$1,729In line$1,621$1,827
Property TaxesPer Square Foot / Month$1.46In line$1.54$1.26
Average Unit SizeSquare Feet1,089 SFSmaller1,396 SF1,241 SF

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Unit mix, closings, budgets, finishes and the team, against 221 Middleton and Orson, 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 A4 homes: $8,618,671 at closing against $8,340,000 in Schedule A+3.3%
Average closing price4 homes, on their Schedule A square feet$1,740 / SF
Closingsfirst and latest recordedJun 4, 2026 – Sep 11, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 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 5 closings
HomeRecordedClosing priceSchedule ADifference
PenthouseJun 4, 2026$2,795,000$2,695,000 +3.7%
3Jun 5, 2026$1,995,000$1,895,000 +5.3%
5Jun 10, 2026$1,950,000$1,950,000 0%
7Jul 27, 2026$1,878,671$1,800,000 +4.4%
G 2Sep 11, 2026$2,325,000——

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Closings are for subscribers

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
Devoe Condominiums LLC
Principals
Meir Daus, Elad Ben-Kimon
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Genesis Capital$10 million loan stated in the plan

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

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