THE CONDO BOOK PROJECT

Park Lee Fulton

1118 Fulton Street, Brooklyn, NY 11238

Compare

Overview

Units
11 residential · 2 storage · 1 commercial
Subway
1 min walk to Franklin Av C SNostrand Av A C, 4 min
Principals
Edo Furman
Average $/sf
$1,169Homes in Schedule A, as first offered
Common charges
$411–$758 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 To June 30, 2025
Offering price
$9.79 million total $8.46 million when first offered

The sponsor of record is Tf 1118 Fulton Jv LLC, represented by Eial Girtz, PC. The offering plan runs 272 pages. The sponsor has filed 3 amendments, the latest in April 2025. The nearest other condo plan on file is 171 & 173 Lefferts Place Condominium, next door.

Plan CD230269 · New · accepted Jun 20, 2024 · AG record ↗

Compare

FigureThis building11155 Bedford27 units · 0.2 miaccepted 2024Myrtle Avenue310 units · 1 miaccepted 2023
Common ChargesPer Square Foot / Month$0.71In line$0.70$0.86
Average Offering PricePer Apartment$785,455In line$910,000$720,500
Average PricePer Square Foot$1,169Below peers$1,176$1,244
Property TaxesPer Square Foot / Month$1.00Highest$0.36$0.22
Average Unit SizeSquare Feet672 SFIn line774 SF579 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 1155 Bedford and Myrtle Avenue, cited to the offering plans. No credit card required.

Create a free account
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 closed64% of the homes in Schedule A7 of 11
Closing prices vs. Schedule A7 homes: $5,553,441 at closing against $5,350,000 in Schedule A (p. 38)+3.8%
Average closing price7 homes, on their Schedule A square feet$1,197 / SF
Closingsfirst and latest recordedMar 25, 2025 – Jul 24, 2025

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 7 closings
HomeRecordedClosing priceSchedule ADifference
3RMar 25, 2025$700,000$700,000 p. 380%
4RMar 26, 2025$735,000$730,000 p. 38+0.7%
3FMar 28, 2025$695,000$680,000 p. 38+2.2%
1RMay 12, 2025$933,441$795,000 p. 38+17.4%
2FMay 12, 2025$660,000$635,000 p. 38+3.9%
6FJul 15, 2025$1,105,000$1,085,000 p. 38+1.8%
4FJul 24, 2025$725,000$725,000 p. 380%

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

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
Tf 1118 Fulton Jv LLC
Principals
Edo Furman
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Mazia, YuvalLender on the mortgage and building loan agreement recorded October 2018 in ACRIS

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

Nearby