THE CONDO BOOK PROJECT

127 Kent Avenue Condominium

127 Kent Avenue, Brooklyn, NY 11249

Overview

Units
43 residential · 1 commercial
Subway
6 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 14 min
Developers
Joyland Group, Prospect Developers
Principals
Joel Wertzberger
Average $/sf
$2,200Homes in Schedule A, as first offered
Common charges
$667–$3,464 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 – December 31, 2026
Offering price
$115.7 million total $114.1 million when first offered

The sponsor of record is Kesef Tziri LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 408 pages. The sponsor has filed 1 amendment, the latest in October 2025. The nearest other condo plan on file is 76 North 6th Street Condominium, next door.

Plan CD250089 · New · accepted Sep 12, 2025 · AG record ↗

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
Kesef Tziri LLC
Developers
Joyland Group, Prospect DevelopersReported by commercialobserver.com
Principals
Joel Wertzberger
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Ladder Capital Realty IIILender on the mortgage and building loan agreement recorded March 2023 in ACRIS; $92.1 million recorded

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

Nearby