THE CONDO BOOK PROJECT

Prospect

149 Prospect Place, Brooklyn, NY 11238

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Overview

Units
5 residential
Subway
2 min walk to 7 Av B QBergen St 2 3, 5 min
Principals
Esmail Kamaie, Hannah Kamaie, Michael Murphy
Average $/sf
$1,915Homes in Schedule A, as first offered
Common charges
$301–$843 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 - June 30, 2027
Offering price
$9.5 million total $9.7 million when first offered

The sponsor of record is 149 Pp LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 354 pages. The sponsor has filed 1 amendment, the latest in April 2026. The nearest other condo plan on file is 171 Prospect Place Condominium, next door.

Plan CD250340 · Rehab · accepted Apr 13, 2026 · AG record ↗

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FigureThis building1132 Sixth25 units · 0.3 miaccepted 2026378 8th34 units · 0.9 miaccepted 2025
Common ChargesPer Square Foot / Month$0.43Lowest$0.71$0.62
Average Offering PricePer Apartment$1.94MBelow peers$2.08M$1.96M
Average PricePer Square Foot$1,915Below peers$2,027$2,056
Property TaxesPer Square Foot / Month$0.50Below peers$0.72$0.56
Average Unit SizeSquare Feet1,013 SFIn line1,025 SF955 SF

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Unit mix, closings, budgets, finishes and the team, against 132 Sixth and 378 8th, 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 closed0% of the homes in Schedule A0 of 5

Sales recorded with the Department of Finance (ACRIS) through Aug 31, 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.

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Closings are for subscribers

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 Pp LLC
Principals
Esmail Kamaie, Hannah Kamaie, Michael Murphy
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$5.9 million recorded

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

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