THE CONDO BOOK PROJECT

137a West End Avenue Condominium

137a West End Avenue, Brooklyn, NY 11235

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Overview

Units
5 residential · 1 commercial
Subway
10 min walk to Brighton Beach B QSheepshead Bay B Q, 12 min
Principals
Dmitry Druzhinsky, Vadim Kestel
Offering price
$4.7 million total

The sponsor of record is 137 West End Avenue Enterprises, LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 224 pages. The sponsor has filed 4 amendments, the latest in April 2012. The nearest other condo plan on file is Manhattan Beach Condominium, next door.

Plan CD060191 · New · accepted Oct 18, 2006 · AG record ↗

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FigureThis building1134 West End29 units · 0 miaccepted 20061835 East 14th37 units · 1.8 miaccepted 2007
Average Offering PricePer Apartment$939,100Highest$635,556$680,000

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Unit mix, closings, budgets, finishes and the team, against 134 West End and 1835 East 14th, 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
137 West End Avenue Enterprises, LLC
Principals
Dmitry Druzhinsky, Vadim Kestel
Tax estimate
Moseson & AssociatesPrepared the first-year real estate tax projection

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

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