THE CONDO BOOK PROJECT

168 Hancock Street Condominium

168 Hancock Street, Brooklyn, NY 11216

Overview

Units
5 residential
Subway
4 min walk to Nostrand Av A CFranklin Av C S, 8 min
Principals
Haim Levy, Shay Ashkenazi
Average $/sf
$1,348Homes in Schedule A, as first offered
Common charges
$577–$792 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 to June 30, 2027
Offering price
$8.57 million total

The sponsor of record is 164 Hancock Development LLC, represented by Eial Girtz, PC. The offering plan runs 283 pages. The sponsor has filed 1 amendment, the latest in February 2026. The nearest other condo plan on file is 193 Hancock Street Condominium, next door.

Plan CD250143 · New · accepted Dec 4, 2025 · AG record ↗

Compare

FigureThis building1810 Sterling Place24 units · 0.7 miaccepted 2025311 Eastern Parkway35 units · 0.9 miaccepted 2026
Common ChargesPer Square Foot / Month$0.52Lowest$0.63$0.70
Average Offering PricePer Apartment$1.71MBelow peers$1.84M$1.94M
Average PricePer Square Foot$1,348Below peers$1,464$1,561
Property TaxesPer Square Foot / Month$0.44In line$0.44$2.58
Average Unit SizeSquare Feet1,272 SFLarger1,257 SF1,239 SF

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Unit mix, closings, budgets, finishes and the team, against 810 Sterling Place and 311 Eastern Parkway, 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.

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
164 Hancock Development LLC
Principals
Haim Levy, Shay Ashkenazi
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Polo Group$4 million loan stated in the plan

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

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