THE CONDO BOOK PROJECT

1105 Cortelyou Road Condominium

1105 Cortelyou Road, Brooklyn, NY 11218

Overview

Units
10 residential · 1 commercial
Subway
5 min walk to Cortelyou Rd QBeverley Rd Q, 9 min
Principals
Chaim Rosenwasser
Offering price
$16.6 million total $9.83 million when first offered

The sponsor of record is 1105 Cortelyou Realty LLC, represented by The Law Office Of Jay Lichtman, PC. The offering plan runs 344 pages. The sponsor has filed 2 amendments, the latest in July 2023. The nearest other condo plan on file is Stratford Cortelyou Condominiums, next door.

Plan CD210346 · New · accepted Sep 9, 2022 · AG record ↗

Compare

FigureThis building1Winthrop Gardens210 units · 1.3 miaccepted 2022Alcove Residences39 units · 1.6 miaccepted 2023
Average Offering PricePer Apartment$983,000In line$807,500$1.17M

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Unit mix, closings, budgets, finishes and the team, against Winthrop Gardens and Alcove Residences, 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 closed91% of the homes in Schedule A10 of 11
Closing prices vs. Schedule A10 homes: $11,700,409 at closing against $9,830,000 in Schedule A+19%
Closingsfirst and latest recordedOct 25, 2023 – Aug 8, 2025

Sales recorded with the Department of Finance (ACRIS) through Jun 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 10 closings
HomeRecordedClosing priceSchedule ADifference
302Oct 25, 2023$1,114,984$935,000 +19.2%
401Nov 3, 2023$1,110,000$965,000 +15%
202Nov 7, 2023$804,418$695,000 +15.7%
402Nov 9, 2023$1,094,619$945,000 +15.8%
601Nov 9, 2023$1,685,000$1,275,000 +32.2%
201Dec 19, 2023$918,971$795,000 +15.6%
303Dec 27, 2023$1,075,000$895,000 +20.1%
301May 13, 2024$1,279,431$1,075,000 +19%
203Jun 17, 2024$1,170,988$955,000 +22.6%
501Aug 8, 2025$1,447,000$1,295,000 +11.7%

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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
1105 Cortelyou Realty LLC
Principals
Chaim Rosenwasser
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
The Bank of Princeton

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

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