1118 Condo Association
1118 39th Street, Brooklyn, NY 11218
Overview
- Units
- 2 residential
- Subway
- 6 min walk to Fort Hamilton Pkwy D9 Av D, 8 min
- Principals
- Yosef Freund
- Average $/sf
- $848Homes in Schedule A, as first offered
- Common charges
- $420–$617 a monthSponsor's first-year estimate in Schedule A, 7/1/2024 - 6/30/2025
- Offering price
- $3.1 million total
- Floor plans
- Pages 152–155 of the plan
The sponsor of record is 1118 39th St LLC, represented by Law Office Of Hershy Itzkowitz, P.C.. The offering plan runs 306 pages. The sponsor has filed 1 amendment, the latest in August 2024. The nearest other condo plan on file is 1131 39th St Condominium, next door.
Plan CD230133 · Rehab · accepted Feb 28, 2024 · AG record ↗
Compare
| Figure | This building1 | 1423 57th23 units · 1 miaccepted 2026 | 167 Park Slope Residence33 units · 1.8 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.28Lowest | $0.37 | $0.47 |
| Average Offering PricePer Apartment | $1.55MIn line | $1.48M | $2.24M |
| Average PricePer Square Foot | $848Below peers | $933 | $1,647 |
| Property TaxesPer Square Foot / Month | $0.34Below peers | $0.54 | $0.40 |
| Average Unit SizeSquare Feet | 1,829 SFLargest | 1,590 SF | 1,362 SF |
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See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 1423 57th and 167 Park Slope Residence, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed50% of the homes in Schedule A | 1 of 2 |
| Closing prices vs. Schedule A1 home: $1,400,000 at closing against $1,400,000 in Schedule A (p. 36) | 0% |
| Average closing price1 home, on their Schedule A square feet | $1,257 / SF |
| Closingsfirst and latest recorded | Sep 26, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Apr 30, 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
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1 | Sep 26, 2024 | $1,400,000 | $1,400,000 p. 36 | 0% |
Pro
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
- 1118 39th St LLC
- Principals
- Yosef Freund
- Tax estimate
- Re Tax Service, IncPrepared the first-year real estate tax projection
- Construction lender
- Toorak Capital Partners
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1131 39th St Condominiumnext door · 4 units · 2005
- Boutique 39 Condominiumnext door · 10 units
- 1135 39th Street Condominiumnext door · 4 units · 2005
- Rensow 38next door · 4 units
- 1145 41st Street Condominiumnext door · 4 units · 2012
- 1143 41st Street Condominiumnext door · 4 units