THE CONDO BOOK PROJECT

1091 Rogers Avenue Condominium

1091 Rogers Avenue, Brooklyn, NY 11226

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Overview

Units
8 residential
Subway
5 min walk to Beverly Rd 2 5Newkirk Av-Little Haiti 2 5, 8 min
Principals
Eial Girtz, Roy Girtz, Gil Shenhar
Average $/sf
$912Homes in Schedule A, as first offered
Common charges
$234–$708 a monthSponsor's first-year estimate in Schedule A, July 1, 2023 - June 30, 2024
Offering price
$4.96 million total $4.96 million when first offered

The sponsor of record is 1091 Rogers LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 300 pages. The sponsor has filed 2 amendments, the latest in June 2023. The nearest other condo plan on file is 2525 Beverly Road Condominium, 0.1 mi away.

Plan CD220070 · Rehab · accepted Dec 15, 2022 · AG record ↗

Compare

FigureThis building139 Argyle Road216 units · 0.9 miaccepted 202262 Veronica Place37 units · 0.4 miaccepted 2024
Common ChargesPer Square Foot / Month$0.60Below peers$0.64$0.80
Average Offering PricePer Apartment$614,000Below peers$727,188$682,857
Average PricePer Square Foot$912In line$895$976
Property TaxesPer Square Foot / Month$0.45Lowest$0.74$0.53
Average Unit SizeSquare Feet674 SFSmaller813 SF700 SF

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Unit mix, closings, budgets, finishes and the team, against 39 Argyle Road and 62 Veronica Place, 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 closed13% of the homes in Schedule A1 of 8
Closing prices vs. Schedule A1 home: $359,000 at closing against $389,000 in Schedule A (p. 47)−7.7%
Average closing price1 home, on their Schedule A square feet$825 / SF
Closingsfirst and latest recordedJul 28, 2023

Sales recorded with the Department of Finance (ACRIS) through Dec 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 1 closings
HomeRecordedClosing priceSchedule ADifference
1FJul 28, 2023$359,000$389,000 p. 47−7.7%

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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
1091 Rogers LLC
Principals
Eial Girtz, Roy Girtz, Gil Shenhar
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Ridgewood Savings Bank$910,436 recorded

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

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