118 Remsen Street Condominium
118 Remsen Street, Brooklyn, NY 11201
Overview
- Units
- 4 residential
- Subway
- 3 min walk to Borough Hall/Court St 2 3 4 5 RClark St 2 3, 6 min
- Average $/sf
- $2,077Homes in Schedule A, as first offered
- Common charges
- $594–$1,610 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 - June 30, 2026
- Offering price
- $15.8 million total $14.4 million when first offered
- Floor plans
- Pages 182–187 of the plan
The sponsor of record is Bk Heights Remsen Fund L.P., represented by Tsyngauz & Associates, P.C.. The offering plan runs 314 pages. The sponsor has filed 3 amendments, the latest in May 2025. The nearest other condo plan on file is 222 Henry Street Condominium, next door.
Plan CD230350 · Rehab · accepted Jul 22, 2024 · AG record ↗
Compare
| Figure | This building1 | 76 1st Place25 units · 0.9 miaccepted 2024 | 353 6th34 units · 1.7 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.47In line | $0.39 | $0.72 |
| Average Offering PricePer Apartment | $3.91MHighest | $2.76M | $2.21M |
| Average PricePer Square Foot | $2,077In line | $1,823 | $2,100 |
| Property TaxesPer Square Foot / Month | $1.08Highest | $0.28 | $0.62 |
| Average Unit SizeSquare Feet | 1,883 SFLargest | 1,514 SF | 1,054 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 76 1st Place and 353 6th, 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 closed100% of the homes in Schedule A | 4 of 4 |
| Closing prices vs. Schedule A1 home: $3,062,250 at closing against $2,850,000 in Schedule A (p. 49) | +7.4% |
| Average closing price1 home, on their Schedule A square feet | $2,518 / SF |
| Closingsfirst and latest recorded | Apr 25, 2025 – Jun 18, 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 4 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Apr 25, 2025 | $3,062,250 | $2,850,000 p. 49 | +7.4% |
| 3 | May 16, 2025 | $2,525,000 | — | — |
| 4 | Jun 3, 2025 | $2,795,000 | — | — |
| 1 | Jun 18, 2025 | $7,075,000 | — | — |
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
- Bk Heights Remsen Fund L.P.
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 222 Henry Street Condominiumnext door · 3 units
- 138 Joralemonnext door · 3 units · 2026
- 166 Montague Condominiumnext door · 24 units · 2008
- Koner Condominiumnext door · 6 units · 2011
- 103 Joralemon Street Condominiumnext door · 4 units · 2026
- Residences At Montaguenext door · 74 units · 2011