THE CONDO BOOK PROJECT

196 Saint Marks Avenue Condominium

196 Saint Marks Avenue, Brooklyn, NY 11238

Overview

Units
2 residential
Subway
5 min walk to 7 Av B QBergen St 2 3, 7 min
Principals
Aran Scott
Average $/sf
$1,571Homes in Schedule A, as first offered
Common charges
$842 a monthSponsor's first-year estimate in Schedule A, January 1, 2027 through December 31, 2027
Offering price
$9.05 million total

The sponsor of record is 196 Saint Marks LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 437 pages. The sponsor has filed 1 amendment, the latest in September 2026. The nearest other condo plan on file is 190 St.Marks Avenue Condominium, next door.

Plan CD260004 · Rehab · accepted May 1, 2026 · AG record ↗

Compare

FigureThis building1436 State22 units · 0.9 miaccepted 2026235 Sackett32 units · 1.5 miaccepted 2026
Common ChargesPer Square Foot / Month$0.29In line$0.30$0.28
Average Offering PricePer Apartment$4.53MIn line$4.5M$5.63M
Average PricePer Square Foot$1,571Below peers$1,589$2,062
Property TaxesPer Square Foot / Month$0.35Above peers$0.31$0.29
Average Unit SizeSquare Feet2,880 SFLarger2,832 SF2,728 SF

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Unit mix, closings, budgets, finishes and the team, against 436 State and 235 Sackett, 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
196 Saint Marks LLC
Principals
Aran Scott
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection

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

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