THE CONDO BOOK PROJECT

194 Bainbridge Street Condominium

194 Bainbridge Street, Brooklyn, NY 11233

Overview

Units
42 residential
Subway
4 min walk to Utica Av A CRalph Av C, 11 min
Principals
Michael Shahkoohi
Average $/sf
$1,253Homes in Schedule A, as first offered
Common charges
$136–$440 a monthSponsor's first-year estimate in Schedule A, Year Projected to Begin: July 1, 2026-June 30, 2027
Offering price
$42.5 million total

The sponsor of record is Landmark Living LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 413 pages. The sponsor has filed 2 amendments, the latest in June 2026. The nearest other condo plan on file is 153 Chauncey Street Condominium, next door.

Plan CD250151 · New · accepted Sep 16, 2025 · AG record ↗

Compare

FigureThis building1630 Grand232 units · 1.8 miaccepted 2025Four Fifty Grand339 units · 1.7 miaccepted 2023
Common ChargesPer Square Foot / Month$0.40Lowest$0.61$0.93
Average Offering PricePer Apartment$963,707Lowest$1.59M$1.15M
Average PricePer Square Foot$1,253Below peers$1,570$1,319
Property TaxesPer Square Foot / Month$0.97In line$0.82$1.46
Average Unit SizeSquare Feet769 SFSmaller1,015 SF869 SF

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Unit mix, closings, budgets, finishes and the team, against 630 Grand and Four Fifty Grand, 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
Landmark Living LLC
Principals
Michael Shahkoohi
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Israel Discount Bank of New York$4.47 million recorded

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

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