THE CONDO BOOK PROJECT

Dupont Plaza Condominium

149 Dupont Street, Brooklyn, NY 11222

Overview

Units
4 residential · 2 storage
Subway
7 min walk to Greenpoint Av GVernon Blvd-Jackson Av 7, 12 min
Principals
Josh Guberman
Common charges
$694–$880 a monthSponsor's first-year estimate in Schedule A, December 1, 2022 to November 30, 2023
Offering price
$6.62 million total

The sponsor of record is 149 Dupont Street LLC, represented by Starr Associates, LLP. The offering plan runs 414 pages. The sponsor has filed 5 amendments, the latest in December 2024. The nearest other condo plan on file is 102 Clay Street Condominium, next door.

Plan CD220046 · New · accepted Dec 6, 2022 · AG record ↗

Compare

FigureThis building1151 Newel24 units · 0.7 miaccepted 2022217 Franklin36 units · 0.3 miaccepted 2022
Average Offering PricePer Apartment$1.65MIn line$1.87M$1.58M

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Unit mix, closings, budgets, finishes and the team, against 151 Newel and 217 Franklin, 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 closed100% of the homes in Schedule A4 of 4
Closing prices vs. Schedule A4 homes: $6,335,056 at closing against $6,580,500 in Schedule A (p. 46)−3.7%
Closingsfirst and latest recordedJun 4, 2024 – Jan 21, 2025

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 2025: 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 4 closings
HomeRecordedClosing priceSchedule ADifference
3Jun 4, 2024$1,575,000$1,495,500 p. 46+5.3%
1Jun 12, 2024$1,595,000$1,895,000 p. 46−15.8%
4Dec 9, 2024$1,665,056$1,695,000 p. 46−1.8%
2Jan 21, 2025$1,500,000$1,495,000 p. 46+0.3%

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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
149 Dupont Street LLC
Principals
Josh Guberman
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection

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

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