Timberburg Condominium
179 North 10th Street, Brooklyn, NY 11211
Overview
- Units
- 23 residential
- Subway
- 4 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 9 min
- Developer
- KSK Construction Group
- Principals
- Hilmi Ulgur Aydin
- Average $/sf
- $2,102Homes in Schedule A, as first offered
- Common charges
- $461–$1,676 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 through June 30, 2027
- Offering price
- $65 million total $58.7 million when first offered
- Floor plans
- Page 20 of the plan
The sponsor of record is Oily River Owner & Development LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 437 pages. The sponsor has filed 2 amendments, the latest in September 2026. The nearest other condo plan on file is Decora Condominium, next door.
Plan CD260045 · New · accepted May 8, 2026 · AG record ↗
Compare
| Figure | This building1 | 717 Grand223 units · 0.8 miaccepted 2026 | 122 Washington Lofts315 units · 1.8 miaccepted 2026 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.74Above peers | $0.71 | $0.47 |
| Average Offering PricePer Apartment | $2.68MHighest | $1.37M | $1.57M |
| Average PricePer Square Foot | $2,102Highest | $1,426 | $1,496 |
| Property TaxesPer Square Foot / Month | $1.27In line | $1.32 | $1.25 |
| Average Unit SizeSquare Feet | 1,276 SFLargest | 960 SF | 1,051 SF |
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Unit mix, closings, budgets, finishes and the team, against 717 Grand and 122 Washington Lofts, 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
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
- Oily River Owner & Development LLC
- Developer
- KSK Construction GroupReported by commercialobserver.com
- Principals
- Hilmi Ulgur Aydin
- Tax estimate
- Anthony Como AssociatesPrepared the first-year real estate tax projection
- Construction lender
- Creif II CHLender on the mortgage and building loan agreement recorded April 2025 in ACRIS; $26.3 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Decora Condominiumnext door · 14 units · 8 parking · 2007
- Lucent Condominiumnext door · 28 units · 21 parking · 2007
- 172 North 10th Street Condominiumnext door · 14 units · 9 parking · 2014
- 201 N 11th Street Condominiumnext door · 4 units · 2013
- Mccaren Park Mews Condominiumnext door · 120 units · 61 parking · 2007
- 510 Driggs Avenue Condominiumnext door · 44 units · 1 parking · 2021