16, 18 & 20 Melrose Street Condominium
16, 18 & 20 Melrose Street, Brooklyn, NY 11206
Overview
- Units
- 18 residential
- Subway
- 2 min walk to Myrtle Av J M ZFlushing Av J M, 6 min
- Average $/sf
- $1,414Homes in Schedule A, as first offered
- Common charges
- $123–$476 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 To December 31, 2022
- Offering price
- $17.4 million total $13.6 million when first offered
The sponsor of record is Melrose Complex Inc., represented by Eial Girtz, PC. The offering plan runs 271 pages. The sponsor has filed 5 amendments, the latest in September 2026. The nearest other condo plan on file is 28 Melrose Street Condominium, next door.
Plan CD200185 · New · accepted Jun 8, 2021 · AG record ↗
Compare
| Figure | This building1 | 906 Bergen218 units · 1.8 miaccepted 2021 | 107 Madison310 units · 1.4 miaccepted 2021 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.31In line | $0.30 | $0.48 |
| Average Offering PricePer Apartment | $965,816In line | $1.06M | $905,260 |
| Average PricePer Square Foot | $1,414Above peers | $1,311 | $1,283 |
| Property TaxesPer Square Foot / Month | $0.96Above peers | $0.88 | $0.31 |
| Average Unit SizeSquare Feet | 683 SFSmaller | 808 SF | 706 SF |
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Unit mix, closings, budgets, finishes and the team, against 906 Bergen and 107 Madison, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed28% of the homes in Schedule A | 5 of 18 |
| Closingsfirst and latest recorded | Aug 24, 2022 – Dec 27, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Jul 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.
All 5 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4F | Aug 24, 2022 | $599,000 | — | — |
| 4R | Aug 31, 2022 | $840,000 | — | — |
| 3R | Sep 14, 2022 | $599,000 | — | — |
| 3F | Sep 23, 2022 | $525,000 | — | — |
| 2 | Dec 27, 2024 | $1,262,630 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Melrose Complex Inc.
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 28 Melrose Street Condominiumnext door · 6 units · 2008
- 17 Jefferson Street Condominiumnext door · 4 units
- 19 Jefferson Street Condominiumnext door · 4 units
- 13 Melrose Street Condominiumnext door · 8 units · 2014
- 41 & 45 Melrose Street Condominiumnext door · 16 units · 2007
- 20 Arion Place Condominiumnext door · 8 units · 2020