THE CONDO BOOK PROJECT

221 Middleton Street Condominium

221 Middleton Street, Brooklyn, NY 11206

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Overview

Units
10 residential · 1 storage
Subway
1 min walk to Lorimer St J MBroadway G, 2 min
Principals
Raizel Lebowitz
Average $/sf
$1,621Homes in Schedule A, as first offered
Common charges
$555–$1,545 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 - December 31, 2026
Offering price
$25.6 million total $24.1 million when first offered

The sponsor of record is Ld221 LLC, represented by The Law Office Of Jay Lichtman, PC. The offering plan runs 345 pages. The sponsor has filed 2 amendments, the latest in July 2026. The nearest other condo plan on file is Throopway Condominium, next door.

Plan CD240352 · New · accepted Sep 8, 2025 · AG record ↗

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FigureThis building1109 Devoe29 units · 0.7 miaccepted 2025Orson36 units · 0.6 miaccepted 2025
Common ChargesPer Square Foot / Month$0.60Highest$0.48$0.51
Average Offering PricePer Apartment$2.26MIn line$1.88M$2.27M
Average PricePer Square Foot$1,621Below peers$1,729$1,827
Property TaxesPer Square Foot / Month$1.54Above peers$1.46$1.26
Average Unit SizeSquare Feet1,396 SFLarger1,089 SF1,241 SF

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Unit mix, closings, budgets, finishes and the team, against 109 Devoe and Orson, 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 closed0% of the homes in Schedule A0 of 10

Sales recorded with the Department of Finance (ACRIS) through Dec 31, 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.

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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
Ld221 LLC
Principals
Raizel Lebowitz
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Grande Prezzo$10.5 million recorded

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

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