THE CONDO BOOK PROJECT

Ainsley Condominium

228 13th Street, Brooklyn, NY 11215

Overview

Units
28 residential · 20 parking · 24 storage
Subway
5 min walk to 4 Av-9 St F G RProspect Av R, 5 min
Principals
Elie Fouerti, Robert Saffayeh, Vyacheslav Faybyshev, Gabriel Saffayeh
Average $/sf
$1,563Homes in Schedule A, as first offered
Common charges
$288–$807 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 - June 30, 2026
Offering price
$51.6 million total $47.6 million when first offered

The sponsor of record is 228 13th Street LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 514 pages. The sponsor has filed 3 amendments, the latest in December 2025. The nearest other condo plan on file is 205 14th Street Condominium, next door.

Plan CD240066 · New · accepted Jan 23, 2025 · AG record ↗

Compare

FigureThis building1630 Grand232 units · 1.6 miaccepted 2025Lumina326 units · 0.4 miaccepted 2024
Common ChargesPer Square Foot / Month$0.51Lowest$0.61$1.05
Average Offering PricePer Apartment$1.7MAbove peers$1.59M$1.29M
Average PricePer Square Foot$1,563In line$1,570$1,316
Property TaxesPer Square Foot / Month$1.45Highest$0.82$0.96
Average Unit SizeSquare Feet1,086 SFLarger1,015 SF981 SF

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Unit mix, closings, budgets, finishes and the team, against 630 Grand and Lumina, 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 closed100% of the homes in Schedule A28 of 28
Closing prices vs. Schedule A28 homes: $47,376,245 at closing against $47,539,000 in Schedule A (p. 86, p. 87)−0.3%
Average closing price28 homes, on their Schedule A square feet$1,558 / SF
Closingsfirst and latest recordedAug 1, 2025 – May 4, 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 28 closings
HomeRecordedClosing priceSchedule ADifference
PH5Aug 1, 2025$1,695,000$1,495,000 p. 87+13.4%
306Aug 14, 2025$1,465,000$1,465,000 p. 870%
PH4Aug 27, 2025$1,571,160$1,495,000 p. 87+5.1%
103Aug 28, 2025$995,000$925,000 p. 86+7.6%
405Sep 3, 2025$1,547,740$1,495,000 p. 87+3.5%
303Sep 4, 2025$1,365,000$1,395,000 p. 86−2.2%
206Sep 24, 2025$1,583,379$1,445,000 p. 86+9.6%
104Sep 29, 2025$1,052,251$995,000 p. 86+5.8%
PH1Oct 1, 2025$2,205,000$2,295,000 p. 87−3.9%
302Oct 15, 2025$1,495,000$1,395,000 p. 86+7.2%
PH3Oct 16, 2025$2,336,884$2,295,000 p. 87+1.8%
203Oct 27, 2025$1,435,733$1,395,000 p. 86+2.9%
406Nov 3, 2025$1,619,018$1,495,000 p. 87+8.3%
401Nov 10, 2025$2,455,000$2,495,000 p. 87−1.6%
105Nov 17, 2025$1,714,733$1,599,000 p. 86+7.2%
101Nov 20, 2025$1,141,025$1,100,000 p. 86+3.7%
102Nov 20, 2025$928,775$895,000 p. 86+3.8%
202Nov 20, 2025$1,323,190$1,395,000 p. 86−5.1%
205Nov 20, 2025$1,400,150$1,445,000 p. 86−3.1%
301Nov 20, 2025$2,239,683$2,395,000 p. 86−6.5%
402Nov 20, 2025$1,387,039$1,495,000 p. 87−7.2%
PH2Nov 20, 2025$2,104,495$2,495,000 p. 87−15.7%
304Dec 1, 2025$2,240,977$2,395,000 p. 86−6.4%
404Dec 1, 2025$2,357,757$2,495,000 p. 87−5.5%
204Dec 23, 2025$2,332,258$2,395,000 p. 86−2.6%
403Jan 8, 2026$1,495,000$1,495,000 p. 870%
305Mar 16, 2026$1,590,000$1,465,000 p. 87+8.5%
201May 4, 2026$2,300,000$2,395,000 p. 86−4%

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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
228 13th Street LLC
Principals
Elie Fouerti, Robert Saffayeh, Vyacheslav Faybyshev, Gabriel Saffayeh
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Valley National Bank$17 million loan stated in the plan

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

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