THE CONDO BOOK PROJECT

Villas At Hausman F/K/A 19 Hausman Street

19 Hausman Street, Brooklyn, NY 11222

Overview

Units
15 residential · 10 parking · 24 storage
Subway
15 min walk to Nassau Av GGraham Av L, 17 min
Principals
Nir Muvdi
Average $/sf
$1,241Homes in Schedule A, as first offered
Common charges
$197–$385 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 - December 31, 2022
Offering price
$17.8 million total $15.1 million when first offered

The sponsor of record is Housman Villa LLC **, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 319 pages. The sponsor has filed 4 amendments, the latest in November 2024. The nearest other condo plan on file is 20 Hausman Street Condominium, next door.

Plan CD190009 · New · accepted Dec 1, 2021 · AG record ↗

Compare

FigureThis building1Grattan Street Lofts214 units · 1.3 miaccepted 2022Parker House324 units · 0.7 miaccepted 2021
Common ChargesPer Square Foot / Month$0.30Lowest$1.00$0.57
Average Offering PricePer Apartment$1.04MAbove peers$802,143$963,167
Average PricePer Square Foot$1,241In line$1,171$1,426
Property TaxesPer Square Foot / Month$0.99In line$0.57$1.22
Average Unit SizeSquare Feet839 SFLargest685 SF675 SF

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Unit mix, closings, budgets, finishes and the team, against Grattan Street Lofts and Parker House, 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 closed93% of the homes in Schedule A14 of 15
Closing prices vs. Schedule A10 homes: $9,251,500 at closing against $10,860,000 in Schedule A (p. 35)−14.8%
Average closing price10 homes, on their Schedule A square feet$1,068 / SF
Closingsfirst and latest recordedAug 14, 2023 – Sep 8, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 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 14 closings
HomeRecordedClosing priceSchedule ADifference
4DAug 14, 2023$799,000——
5BAug 23, 2023$1,600,000——
3BSep 7, 2023$740,000$870,000 p. 35−14.9%
2ASep 13, 2023$999,000$1,140,000 p. 35−12.4%
3CSep 14, 2023$1,040,000$1,180,000 p. 35−11.9%
5ASep 21, 2023$835,000——
5CMar 4, 2024$1,040,000——
4BMar 8, 2024$770,000$1,475,000 p. 35−47.8%
3DMay 30, 2024$725,000$865,000 p. 35−16.2%
2BMay 31, 2024$720,000$850,000 p. 35−15.3%
3AJun 26, 2024$1,062,500$1,160,000 p. 35−8.4%
4AJan 15, 2025$1,085,000$995,000 p. 35+9%
4CFeb 6, 2025$1,065,000$1,165,000 p. 35−8.6%
2CSep 8, 2026$1,045,000$1,160,000 p. 35−9.9%

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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
Housman Villa LLC **
Principals
Nir Muvdi
Tax estimate
Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
Construction lender
Golden BridgeLender on the mortgage and building loan agreement recorded December 2020 in ACRIS; $8.22 million recorded

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

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