THE CONDO BOOK PROJECT

1226 St. Marks Avenue Condominium

1226 St. Marks Avenue, Brooklyn, NY 11213

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Overview

Units
8 residential
Subway
10 min walk to Crown Hts-Utica Av 3 4Utica Av A C, 11 min
Principals
Yaakov Peretz
Average $/sf
$986Homes in Schedule A, as first offered
Common charges
$265–$483 a monthSponsor's first-year estimate in Schedule A, November 1, 2021 - October 31, 2022
Offering price
$4.85 million total

The sponsor of record is 1226 St. Marks Ave LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 332 pages. The sponsor has filed 5 amendments, the latest in June 2026. The nearest other condo plan on file is 1204 St. Marks Avenue Condominium, next door.

Plan CD200059 · New · accepted Sep 14, 2021 · AG record ↗

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FigureThis building1460 East New York28 units · 1.3 miaccepted 202188 Marion38 units · 0.4 miaccepted 2021
Common ChargesPer Square Foot / Month$0.52In line$0.43$0.57
Average Offering PricePer Apartment$606,600In line$574,000$650,250
Average PricePer Square Foot$986In line$992$950
Property TaxesPer Square Foot / Month$0.31In line$0.26$0.79
Average Unit SizeSquare Feet615 SFIn line579 SF685 SF

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Unit mix, closings, budgets, finishes and the team, against 460 East New York and 88 Marion, 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 closed25% of the homes in Schedule A2 of 8
Closing prices vs. Schedule A2 homes: $853,788 at closing against $1,191,825 in Schedule A (p. 31)−28.4%
Average closing price2 homes, on their Schedule A square feet$823 / SF
Closingsfirst and latest recordedAug 20, 2026 – Aug 25, 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 2 closings
HomeRecordedClosing priceSchedule ADifference
3BAug 20, 2026$448,188$540,900 p. 31−17.1%
1AAug 25, 2026$405,600$650,925 p. 31−37.7%

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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
1226 St. Marks Ave LLC
Principals
Yaakov Peretz
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
1Sharpe Opportunity Intermediate Trust

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

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