THE CONDO BOOK PROJECT

229 Withers Street Condominium

229 Withers Street, Brooklyn, NY 11211

Overview

Units
14 residential · 7 parking · 12 storage
Subway
7 min walk to Graham Av LGrand St L, 9 min
Principals
Chung Wah Ng
Common charges
$328–$837 a monthSponsor's first-year estimate in Schedule A, January 1, 2025-December 31, 2025
Offering price
$18.6 million total $18.2 million when first offered

The sponsor of record is 229 Withers Street LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 364 pages. The sponsor has filed 3 amendments, the latest in August 2026. The nearest other condo plan on file is Two One Nine Withers Condominium, next door.

Plan CD240149 · New · accepted Nov 18, 2024 · AG record ↗

Compare

FigureThis building1Bedford Condos210 units · 1.7 miaccepted 202465 Eckford Condominiums322 units · 0.4 miaccepted 2024
Average Offering PricePer Apartment$1.27MIn line$1.36M$1.02M

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Unit mix, closings, budgets, finishes and the team, against Bedford Condos and 65 Eckford Condominiums, 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 closed57% of the homes in Schedule A8 of 14
Closing prices vs. Schedule A8 homes: $9,697,850 at closing against $10,324,000 in Schedule A (p. 35)−6.1%
Closingsfirst and latest recordedMay 20, 2026 – Jun 26, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 8 closings
HomeRecordedClosing priceSchedule ADifference
1BMay 20, 2026$1,200,000$1,250,000 p. 35−4%
3BMay 26, 2026$1,300,000$1,400,000 p. 35−7.1%
2DMay 27, 2026$840,000$900,000 p. 35−6.7%
4CMay 29, 2026$957,155$999,000 p. 35−4.2%
4BJun 1, 2026$1,550,000$1,650,000 p. 35−6.1%
2CJun 5, 2026$875,695$900,000 p. 35−2.7%
3DJun 12, 2026$925,000$925,000 p. 350%
5AJun 26, 2026$2,050,000$2,300,000 p. 35−10.9%

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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
229 Withers Street LLC
Principals
Chung Wah Ng
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
East West Bank

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

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