THE CONDO BOOK PROJECT

153 Green Street Condominium

153 Green Street, Brooklyn, NY 11222

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Overview

Units
10 residential
Subway
3 min walk to Greenpoint Av GNassau Av G, 13 min
Developer
Investmates
Principals
Jakov Telyas
Average $/sf
$1,353Homes in Schedule A, as first offered
Common charges
$426–$895 a monthSponsor's first-year estimate in Schedule A, July 1, 2021 - June 30, 2022
Offering price
$18.3 million total $17.2 million when first offered

The sponsor of record is 153 Green LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 311 pages. The sponsor has filed 2 amendments, the latest in September 2022. The nearest other condo plan on file is Belvedere Xxx Condominium, next door.

Plan CD200033 · New · accepted Feb 5, 2021 · AG record ↗

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FigureThis building1532 Lorimer29 units · 1.5 miaccepted 2021550 Metropolitan39 units · 1.4 miaccepted 2021
Common ChargesPer Square Foot / Month$0.44In line$0.28$0.52
Average Offering PricePer Apartment$1.72MAbove peers$1.54M$1.43M
Average PricePer Square Foot$1,353Above peers$1,297$1,331
Property TaxesPer Square Foot / Month$1.17Above peers$0.73$1.05
Average Unit SizeSquare Feet1,271 SFLarger1,191 SF1,072 SF

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Unit mix, closings, budgets, finishes and the team, against 532 Lorimer and 550 Metropolitan, 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 closed60% of the homes in Schedule A6 of 10
Closing prices vs. Schedule A6 homes: $10,936,019 at closing against $10,000,000 in Schedule A (p. 30)+9.4%
Average closing price6 homes, on their Schedule A square feet$1,472 / SF
Closingsfirst and latest recordedNov 4, 2021 – Mar 26, 2026

Sales recorded with the Department of Finance (ACRIS) through Apr 30, 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.

All 6 closings
HomeRecordedClosing priceSchedule ADifference
2ANov 4, 2021$1,375,000$1,400,000 p. 30−1.8%
3ANov 4, 2021$1,460,000$1,400,000 p. 30+4.3%
4ANov 22, 2021$1,475,000$1,400,000 p. 30+5.4%
6AFeb 15, 2022$3,420,000$2,800,000 p. 30+22.1%
2BJun 13, 2022$1,496,019$1,400,000 p. 30+6.9%
1BMar 26, 2026$1,710,000$1,600,000 p. 30+6.9%

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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
153 Green LLC
Developer
Investmates
Principals
Jakov Telyas
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Patriot Bank$5.79 million recorded

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

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