109 Willow Street Condominium
109 Willow Street, Brooklyn, NY 11201
Overview
- Units
- 3 residential
- Subway
- 3 min walk to Clark St 2 3High St A C, 7 min
- Principals
- Carlos Saavedra
- Offering price
- $17.9 million total $15 million when first offered
- Floor plans
- Pages 230–231 of the plan
The sponsor of record is 109 Willow LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 299 pages. The sponsor has filed 3 amendments, the latest in December 2024. The nearest other condo plan on file is 171 Columbia Heights Condominium, next door.
Plan CD240020 · New · accepted Sep 25, 2024 · AG record ↗
Compare
| Figure | This building1 | 96 King23 units · 1.6 miaccepted 2022 | 79 South 2nd33 units · 2 miaccepted 2025 |
|---|---|---|---|
| Average Offering PricePer Apartment | $4.99MAbove peers | $4.73M | $3M |
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Unit mix, closings, budgets, finishes and the team, against 96 King and 79 South 2nd, cited to the offering plans. No credit card required.
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- 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 the plan | 3 of 3 |
| Closingsfirst and latest recorded | Feb 3, 2025 – Feb 21, 2025 |
Sales recorded with the Department of Finance (ACRIS) through May 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1 | Feb 3, 2025 | $7,150,000 | — | — |
| 2 | Feb 20, 2025 | $4,510,000 | — | — |
| 3 | Feb 21, 2025 | $5,425,000 | — | — |
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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.
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
- 109 Willow LLC
- Principals
- Carlos Saavedra
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- S3 Capital$6.5 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 171 Columbia Heights Condominiumnext door · 50 units · 2016
- Riverviewnext door · 7 units · 2013
- Love Lane Mewsnext door · 38 units · 22 parking · 2010
- 113 Columbia Heights Condominiumnext door · 5 units · 2022
- 63 Montague Street Condominium0.2 mi · 13 units
- 70 Henry Street Condominium0.2 mi · 5 units · 2017