128 Bay Condominium
122 Bay 26th Street, Brooklyn, NY 11214
Overview
- Units
- 12 residential · 8 parking
- Subway
- 6 min walk to 20 Av DBay Pkwy D, 8 min
- Principals
- Paul Marino
- Average $/sf
- $725Homes in Schedule A, as first offered
- Common charges
- $248–$321 a monthSponsor's first-year estimate in Schedule A, July 1, 2023 - June 30, 2024
- Offering price
- $9.63 million total $9.47 million when first offered
- Floor plans
- Pages 222–223 of the plan
The sponsor of record is 122 Bay Realty LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 262 pages. The sponsor has filed 1 amendment, the latest in May 2023. The nearest other condo plan on file is Happiness Condominium, next door.
Plan CD220161 · New · accepted Feb 28, 2023 · AG record ↗
Compare
| Figure | This building1 | 1654 84th212 units · 0.7 miaccepted 2022 | 1683 West 7th311 units · 1.1 miaccepted 2022 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.26Lowest | $0.36 | $0.59 |
| Average Offering PricePer Apartment | $762,333Highest | $590,917 | $480,030 |
| Average PricePer Square Foot | $725Below peers | $791 | $750 |
| Property TaxesPer Square Foot / Month | $0.08Lowest | $0.67 | $0.90 |
| Average Unit SizeSquare Feet | 1,051 SFLargest | 747 SF | 640 SF |
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Unit mix, closings, budgets, finishes and the team, against 1654 84th and 1683 West 7th, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.
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- 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.
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Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 12 of 12 |
| Closing prices vs. Schedule A12 homes: $9,405,230 at closing against $9,148,000 in Schedule A (p. 35) | +2.8% |
| Average closing price12 homes, on their Schedule A square feet | $746 / SF |
| Closingsfirst and latest recorded | Nov 1, 2023 – Dec 14, 2023 |
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 12 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3D | Nov 1, 2023 | $700,556 | $749,000 p. 35 | −6.5% |
| 1B | Nov 8, 2023 | $799,326 | $799,000 p. 35 | +0% |
| 1D | Nov 8, 2023 | $875,921 | $799,000 p. 35 | +9.6% |
| 2A | Nov 9, 2023 | $761,651 | $739,000 p. 35 | +3.1% |
| 1C | Nov 16, 2023 | $806,291 | $799,000 p. 35 | +0.9% |
| 3A | Nov 16, 2023 | $763,688 | $749,000 p. 35 | +2% |
| 2D | Nov 17, 2023 | $782,072 | $739,000 p. 35 | +5.8% |
| 3C | Nov 20, 2023 | $782,072 | $749,000 p. 35 | +4.4% |
| 1A | Nov 21, 2023 | $845,148 | $799,000 p. 35 | +5.8% |
| 2B | Nov 22, 2023 | $771,093 | $739,000 p. 35 | +4.3% |
| 3B | Dec 8, 2023 | $769,000 | $749,000 p. 35 | +2.7% |
| 2C | Dec 14, 2023 | $748,414 | $739,000 p. 35 | +1.3% |
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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page, here and in ChatGPT or Claude.
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
- 122 Bay Realty LLC
- Principals
- Paul Marino
- Tax estimate
- MGNY ConsultingPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Happiness Condominiumnext door · 6 units · 5 parking · 2020
- 2056-2058 Benson Ave Condonext door · 6 units · 2004
- 120-122 Bay 28th Condominium0.1 mi · 6 units · 6 parking · 2007
- 2102-2112 Benson Avenue Condominium0.1 mi · 12 units · 2006
- 2116-2120 Benson Ave. Condominium0.1 mi · 9 units · 6 parking · 2006
- 121 Bay 28th Street Condominium0.1 mi · 6 units · 5 parking · 2015