THE CONDO BOOK PROJECT

120 Marcus Garvey Condominium

120 Marcus Garvey Boulevard, Brooklyn, NY 11206

Overview

Units
2 residential · 1 commercial
Subway
8 min walk to Myrtle Av J M ZFlushing Av J M, 9 min
Principals
Alan Waintraub
Average $/sf
$1,259Homes in Schedule A, as first offered
Common charges
$310–$409 a monthSponsor's first-year estimate in Schedule A, May 1, 2022 ‐ April 30, 2023
Offering price
$2.3 million total

The sponsor of record is Vasik LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 241 pages. The sponsor has filed 1 amendment, the latest in August 2026. The nearest other condo plan on file is Willart Condominium, next door.

Plan CD210299 · Rehab · accepted Jul 19, 2022 · AG record ↗

Compare

FigureThis building119 Irving Place24 units · 1.2 miaccepted 2022979 Lafayette33 units · 0.4 miaccepted 2022
Common ChargesPer Square Foot / Month$0.48Above peers$0.31$0.42
Average Offering PricePer Apartment$949,000Lowest$1.14M$1.2M
Average PricePer Square Foot$1,259In line$1,350$1,088
Property TaxesPer Square Foot / Month$0.25Highest$0.16$0.04
Average Unit SizeSquare Feet754 SFSmaller846 SF1,103 SF

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Unit mix, closings, budgets, finishes and the team, against 19 Irving Place and 979 Lafayette, 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.

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
Vasik LLC
Principals
Alan Waintraub
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection

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

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