THE CONDO BOOK PROJECT

185 Ainslie Street Condominium

185 Ainslie Street, Brooklyn, NY 11221

Overview

Units
4 residential
Subway
4 min walk to Metropolitan Av/Lorimer St G LGraham Av L, 4 min
Principals
Royi Hazan
Average $/sf
$1,634Homes in Schedule A, as first offered
Common charges
$402–$489 a monthSponsor's first-year estimate in Schedule A, June 1, 2025 – May 31, 2026
Offering price
$9.35 million total $9.27 million when first offered

The sponsor of record is 185 Ainslie St Realty LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 336 pages. The sponsor has filed 2 amendments, the latest in February 2026. The nearest other condo plan on file is Ainslie Street Condominiums, next door.

Plan CD240290 · New · accepted Feb 26, 2025 · AG record ↗

Compare

FigureThis building1The Grand Manhattan25 units · 0.3 miaccepted 202456 Quincy34 units · 2 miaccepted 2024
Common ChargesPer Square Foot / Month$0.31Lowest$0.40$0.59
Average Offering PricePer Apartment$2.32MAbove peers$2.31M$2.12M
Average PricePer Square Foot$1,634Below peers$1,709$1,638
Property TaxesPer Square Foot / Month$0.42Lowest$0.56$0.59
Average Unit SizeSquare Feet1,418 SFLarger1,352 SF1,293 SF

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Unit mix, closings, budgets, finishes and the team, against The Grand Manhattan and 56 Quincy, 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 closed100% of the homes in Schedule A4 of 4
Closing prices vs. Schedule A4 homes: $9,443,800 at closing against $9,270,000 in Schedule A (p. 31)+1.9%
Average closing price4 homes, on their Schedule A square feet$1,665 / SF
Closingsfirst and latest recordedOct 23, 2025 – Jan 12, 2026

Sales recorded with the Department of Finance (ACRIS) through Jan 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 4 closings
HomeRecordedClosing priceSchedule ADifference
2Oct 23, 2025$2,200,000$2,175,000 p. 31+1.1%
PH2Oct 24, 2025$2,443,800$2,350,000 p. 31+4%
1Nov 5, 2025$2,490,000$2,495,000 p. 31−0.2%
PH1Jan 12, 2026$2,310,000$2,250,000 p. 31+2.7%

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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
185 Ainslie St Realty LLC
Principals
Royi Hazan
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection

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

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