Hancock And Jefferson Condominium

1504 Jefferson Avenue And 1437 Hancock Street, Brooklyn, NY 11237

Overview

Units: 18 residential · 20 storage
Subway: 3 min walk to Halsey St LMyrtle-Wyckoff Avs L M, 7 min
Developer: The Horizon Group
Average $/sf: $934Homes in Schedule A, as first offered
Common charges: $307–$863 a monthSponsor's first-year estimate in Schedule A, April 1, 2023 through March 31, 2024
Offering price: $12.9 million total $13.2 million when first offered
Floor plans: Page 89 of the plan

The sponsor of record is 1504 Jeff LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 490 pages. The sponsor has filed 2 amendments, the latest in March 2024. The nearest other condo plan on file is 1421 Hancock Street Condominium, next door.

Plan CD220066 · New · accepted Sep 21, 2022 · AG record ↗

Compare

Figure	This building¹	Hastings House²10 units · 0.8 miaccepted 2022	R & Y Cornelia³10 units · 0.4 miaccepted 2021
Common ChargesPer Square Foot / Month	$0.71In line	$0.80	$0.50
Average Offering PricePer Apartment	$715,667In line	$753,000	$704,500
Average PricePer Square Foot	$934In line	$1,039	$909
Property TaxesPer Square Foot / Month	$0.71Above peers	$0.21	$0.67
Average Unit SizeSquare Feet	767 SFIn line	725 SF	775 SF

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Unit mix, closings, budgets, finishes and the team, against Hastings House and R & Y Cornelia, 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 closed39% of the homes in Schedule A	7 of 18
Closingsfirst and latest recorded	May 15, 2023 – Jul 18, 2024

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 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 7 closings

Home	Recorded	Closing price	Schedule A	Difference
3B	May 15, 2023	$675,000	—	—
1A	May 23, 2023	$395,000	—	—
2B	May 24, 2023	$677,000	—	—
3A	May 24, 2023	$715,000	—	—
2A	May 25, 2023	$707,000	—	—
PHB	Dec 15, 2023	$660,000	—	—
PHA	Jul 18, 2024	$825,000	—	—