21 Powers Street Condominium
21 Powers Street, Brooklyn, NY 11211
Overview
- Units
- 14 residential · 7 parking
- Subway
- 1 min walk to Metropolitan Av/Lorimer St G LHewes St J M, 9 min
- Developer
- Minrav Development
- Principals
- Lior Carucci, Yehuda Mor
- Average $/sf
- $1,247Homes in Schedule A, as first offered
- Common charges
- $511–$990 a monthSponsor's first-year estimate in Schedule A, March 1, 2019 to February 2020
- Offering price
- $17.5 million total $17.1 million when first offered
- Floor plans
- Pages 381–382 of the plan
The sponsor of record is Powers 21 LLC, represented by D'Agostino, Levine, Landesman & Lederman, LLP. The offering plan runs 485 pages. The sponsor has filed 14 amendments, the latest in June 2024. The nearest other condo plan on file is Belvedere V Condominium, next door.
Plan CD180064 · New · accepted Aug 9, 2018 · AG record ↗
Compare
| Figure | This building1 | Greenpoint 28027 units · 1.1 miaccepted 2018 | Greenpoint 28237 units · 1.1 miaccepted 2018 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.80Highest | $0.60 | $0.61 |
| Average Offering PricePer Apartment | $1.15MAbove peers | $1.11M | $1.11M |
| Average PricePer Square Foot | $1,247Below peers | $1,267 | $1,288 |
| Property TaxesPer Square Foot / Month | $0.94Highest | $0.71 | $0.72 |
| Average Unit SizeSquare Feet | 919 SFLarger | 873 SF | 866 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against Greenpoint 280 and Greenpoint 282, 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
Closings Pro
| Homes closed100% of the homes in Schedule A | 14 of 14 |
| Closing prices vs. Schedule A14 homes: $16,974,227 at closing against $16,055,000 in Schedule A (p. 65) | +5.7% |
| Average closing price14 homes, on their Schedule A square feet | $1,319 / SF |
| Closingsfirst and latest recorded | Sep 18, 2019 – Jun 23, 2021 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2025: 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
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| PHA | Sep 18, 2019 | $1,060,086 | $1,049,000 p. 65 | +1.1% |
| 3A | Sep 19, 2019 | $789,136 | $779,000 p. 65 | +1.3% |
| PHB | Sep 23, 2019 | $1,740,189 | $1,549,000 p. 65 | +12.3% |
| 3C | Sep 25, 2019 | $1,532,861 | $1,349,000 p. 65 | +13.6% |
| 2A | Sep 27, 2019 | $801,245 | $775,000 p. 65 | +3.4% |
| 2C | Sep 27, 2019 | $1,452,000 | $1,399,000 p. 65 | +3.8% |
| 3D | Sep 30, 2019 | $898,626 | $849,000 p. 65 | +5.8% |
| 3B | Oct 4, 2019 | $1,503,596 | $1,299,000 p. 65 | +15.8% |
| 2B | Oct 7, 2019 | $1,335,000 | $1,279,000 p. 65 | +4.4% |
| 2D | Oct 10, 2019 | $993,988 | $899,000 p. 65 | +10.6% |
| PHC | May 5, 2020 | $1,025,000 | $875,000 p. 65 | +17.1% |
| 1B | May 8, 2020 | $1,299,000 | $1,375,000 p. 65 | −5.5% |
| 1C | May 10, 2021 | $1,289,500 | $1,350,000 p. 65 | −4.5% |
| 1A | Jun 23, 2021 | $1,254,000 | $1,229,000 p. 65 | +2% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Powers 21 LLC
- Developer
- Minrav DevelopmentReported by web.archive.org
- Principals
- Lior Carucci, Yehuda Mor
- Tax estimate
- Metropolitan Realty Exemptions IncPrepared the first-year real estate tax projection
- Construction lender
- Bank Leumi$9.25 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Belvedere V Condominiumnext door · 8 units · 2006
- One Powers Street Condominiumnext door · 31 units · 16 parking · 2008
- Belvedere Iii Condominiumnext door · 6 units · 2006
- 95 Ainslie Street Condominiumnext door · 8 units · 2018
- Suzanne Condominiumnext door · 12 units · 9 parking · 2008
- 527 Grand Condominiumnext door · 11 units · 2017