THE CONDO BOOK PROJECT

1173 Rogers Luxury Condominium

1173 Rogers Avenue, Brooklyn, NY 11226

Overview

Units
21 residential · 11 parking
Subway
5 min walk to Newkirk Av-Little Haiti 2 5Beverly Rd 2 5, 8 min
Principals
Abraham Klein, Moses Schlesinger
Average $/sf
$999Homes in Schedule A, as first offered
Common charges
$324–$627 a monthSponsor's first-year estimate in Schedule A, July 1, 2023 - June 30, 2024
Offering price
$13.8 million total

The sponsor of record is Westmount Equities LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 335 pages. The sponsor has filed 4 amendments, the latest in May 2026. The nearest other condo plan on file is 1091 Rogers Avenue Condominium, 0.1 mi away.

Plan CD220116 · New · accepted Sep 15, 2022 · AG record ↗

Compare

FigureThis building1Ocean 24224 units · 1.1 miaccepted 2022The Newkirk337 units · 0.2 miaccepted 2022
Common ChargesPer Square Foot / Month$0.71Above peers$0.42$0.65
Average Offering PricePer Apartment$633,333In line$844,167$582,838
Average PricePer Square Foot$999Above peers$941$967
Property TaxesPer Square Foot / Month$1.07Above peers$0.75$1.01
Average Unit SizeSquare Feet634 SFIn line897 SF597 SF

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Unit mix, closings, budgets, finishes and the team, against Ocean 24 and The Newkirk, 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 closed86% of the homes in Schedule A18 of 21
Closing prices vs. Schedule A18 homes: $9,839,586 at closing against $10,975,000 in Schedule A (p. 33)−10.3%
Average closing price18 homes, on their Schedule A square feet$889 / SF
Closingsfirst and latest recordedMay 25, 2023 – Mar 26, 2026

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 18 closings
HomeRecordedClosing priceSchedule ADifference
PH1May 25, 2023$550,000$600,000 p. 33−8.3%
4AMay 30, 2023$445,000$475,000 p. 33−6.3%
2CJun 9, 2023$640,000$700,000 p. 33−8.6%
3DJun 12, 2023$425,000$475,000 p. 33−10.5%
6AJun 13, 2023$498,000$525,000 p. 33−5.1%
3CJun 27, 2023$680,000$725,000 p. 33−6.2%
PH2Jul 18, 2023$817,391$900,000 p. 33−9.2%
4BAug 24, 2023$692,760$725,000 p. 33−4.4%
3ASep 8, 2023$413,990$450,000 p. 33−8%
2AJan 9, 2024$390,000$425,000 p. 33−8.2%
4DMar 11, 2024$430,000$500,000 p. 33−14%
5AApr 18, 2024$450,000$500,000 p. 33−10%
3BJun 10, 2024$633,750$700,000 p. 33−9.5%
6BAug 15, 2024$685,000$775,000 p. 33−11.6%
2BOct 8, 2024$615,000$675,000 p. 33−8.9%
6DOct 21, 2024$448,695$550,000 p. 33−18.4%
5DJun 10, 2025$430,000$525,000 p. 33−18.1%
5BMar 26, 2026$595,000$750,000 p. 33−20.7%

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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
Westmount Equities LLC
Principals
Abraham Klein, Moses Schlesinger
Tax estimate
Tax Ace Realty IncentivesPrepared the first-year real estate tax projection
Construction lender
S3 Capital$6 million recorded

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

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