THE CONDO BOOK PROJECT

Eleven2 Condominium

112 Cooper Street, Brooklyn, NY 11207

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Overview

Units
8 residential
Subway
6 min walk to Chauncey St J ZWilson Av L, 6 min
Principals
Tal Bloch, Aaron Yassin
Average $/sf
$984Homes in Schedule A, as first offered
Common charges
$287–$454 a monthSponsor's first-year estimate in Schedule A, January 1, 2025-December 31, 2025
Offering price
$5.38 million total $4.97 million when first offered

The sponsor of record is 112 Cooper LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 372 pages. The sponsor has filed 1 amendment, the latest in August 2024. The nearest other condo plan on file is 135 Moffat Street Condominium, next door.

Plan CD240045 · New · accepted Jun 17, 2024 · AG record ↗

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FigureThis building1158 Somers210 units · 0.5 miaccepted 20241020 Hancock38 units · 0.4 miaccepted 2024
Common ChargesPer Square Foot / Month$0.54Below peers$0.62$0.59
Average Offering PricePer Apartment$621,875In line$618,900$780,250
Average PricePer Square Foot$984Below peers$1,000$1,181
Property TaxesPer Square Foot / Month$1.09In line$1.45$0.29
Average Unit SizeSquare Feet632 SFIn line619 SF661 SF

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Unit mix, closings, budgets, finishes and the team, against 158 Somers and 1020 Hancock, 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 closed100% of the homes in Schedule A8 of 8
Closing prices vs. Schedule A8 homes: $5,237,410 at closing against $4,975,000 in Schedule A (p. 33)+5.3%
Average closing price8 homes, on their Schedule A square feet$1,036 / SF
Closingsfirst and latest recordedJan 16, 2025 – Aug 1, 2025

Sales recorded with the Department of Finance (ACRIS) through May 31, 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 8 closings
HomeRecordedClosing priceSchedule ADifference
1BJan 16, 2025$795,000$750,000 p. 33+6%
3AJan 16, 2025$595,000$550,000 p. 33+8.2%
2AJan 29, 2025$570,000$535,000 p. 33+6.5%
4BFeb 3, 2025$870,000$850,000 p. 33+2.4%
3BFeb 13, 2025$610,000$560,000 p. 33+8.9%
4AMar 3, 2025$580,000$540,000 p. 33+7.4%
2BApr 7, 2025$692,410$665,000 p. 33+4.1%
1AAug 1, 2025$525,000$525,000 p. 330%

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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
112 Cooper LLC
Principals
Tal Bloch, Aaron Yassin
Tax estimate
Berish LichtmanPrepared the first-year real estate tax projection
Construction lender
Broadview Capital$2.85 million recorded

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

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