THE CONDO BOOK PROJECT

Presidio Condominium

17 East 17th Street, Brooklyn, NY 11226

Overview

Units
20 residential
Subway
3 min walk to Church Av B QParkside Av Q, 9 min
Average $/sf
$956Homes in Schedule A, as first offered
Common charges
$320–$773 a monthSponsor's first-year estimate in Schedule A, May 1, 2017 - April 30, 2018
Offering price
$13.5 million total $10.6 million when first offered

The sponsor of record is Ct 17e17 LLC And Gpnz 17e17 LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 349 pages. The sponsor has filed 6 amendments, the latest in April 2022. The nearest other condo plan on file is Caton Court Condominium, next door.

Plan CD160120 · Conversion · accepted Apr 26, 2017 · AG record ↗

Compare

FigureThis building1Crown 601227 units · 1.7 miaccepted 2017Brooklyn Flats336 units · 0.4 miaccepted 2018
Common ChargesPer Square Foot / Month$0.82In line$0.93$0.47
Average Offering PricePer Apartment$675,600In line$642,115$789,883
Average PricePer Square Foot$956Above peers$879$855
Property TaxesPer Square Foot / Month$0.34Highest$0.21$0.21
Average Unit SizeSquare Feet707 SFSmaller730 SF924 SF

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Unit mix, closings, budgets, finishes and the team, against Crown 601 and Brooklyn Flats, 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 closed50% of the homes in Schedule A10 of 20
Closing prices vs. Schedule A10 homes: $5,319,388 at closing against $6,144,000 in Schedule A (p. 29)−13.4%
Average closing price10 homes, on their Schedule A square feet$859 / SF
Closingsfirst and latest recordedFeb 8, 2018 – Mar 13, 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 10 closings
HomeRecordedClosing priceSchedule ADifference
C5Feb 8, 2018$631,315$726,000 p. 29−13%
D2Feb 9, 2018$635,000$738,000 p. 29−14%
A5Feb 15, 2018$595,676$696,000 p. 29−14.4%
C3Mar 5, 2018$405,600$474,000 p. 29−14.4%
D4May 2, 2018$605,859$696,000 p. 29−13%
C4Jun 19, 2018$615,000$708,000 p. 29−13.1%
A3Jun 28, 2018$400,000$450,000 p. 29−11.1%
D3Jul 23, 2018$405,600$462,000 p. 29−12.2%
B5Jun 19, 2020$590,338$726,000 p. 29−18.7%
B3Mar 13, 2026$435,000$468,000 p. 29−7.1%

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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
Ct 17e17 LLC And Gpnz 17e17 LLC
Construction lender
New York Community Bank$4.58 million recorded

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

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