THE CONDO BOOK PROJECT

221 Frost Street Condominium

221 Frost Street, Brooklyn, NY 11211

Overview

Units
10 residential
Subway
8 min walk to Graham Av LGrand St L, 11 min
Principals
Arie Bar Chaim, Tian Dong Zheng
Offering price
$14.7 million total $14.8 million when first offered

The sponsor of record is 221 Frost St LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 398 pages. The sponsor has filed 1 amendment, the latest in December 2025. The nearest other condo plan on file is 223 Frost Street Condominium, next door.

Plan CD250160 · New · accepted Aug 25, 2025 · AG record ↗

Closings Pro

Homes closed0 of 0
Closingsfirst and latest recordedApr 24, 2026 – Jun 25, 2026

Sales recorded with the Department of Finance (ACRIS) through Aug 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 7 closings
HomeRecordedClosing priceSchedule ADifference
4RApr 24, 2026$1,463,231——
3FMay 1, 2026$1,400,000——
2FMay 6, 2026$1,325,000——
1FMay 11, 2026$995,000——
4FMay 13, 2026$1,425,000——
3RMay 14, 2026$1,360,000——
5RJun 25, 2026$1,861,836——

Pro

Closings are for subscribers

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
221 Frost St LLC
Principals
Arie Bar Chaim, Tian Dong Zheng
Tax estimate
Highpoint Incentive Inc.Prepared the first-year real estate tax projection
Construction lender
Colorado Federal Savings Bank$12.9 million recorded

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

Nearby