THE CONDO BOOK PROJECT

232 East 18th Street Condominium

232 East 18th Street, Brooklyn, NY 11226

Overview

Units
29 residential · 8 parking
Subway
4 min walk to Beverley Rd QChurch Av B Q, 6 min
Developer
B&O Construction LLC
Principals
Boris Tansky, Oleg Krasnitskiy, Anna Kripitser, Fione Tsatskin, Kristina Valler, Lenny Tsatskin, Mayya Fleyshmakher, Rina Granik
Average $/sf
$1,024Homes in Schedule A, as first offered
Common charges
$92–$242 a monthSponsor's first-year estimate in Schedule A, January 1, 2021 - December 31, 2021
Offering price
$18.8 million total

The sponsor of record is Anfiri Realty LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 261 pages. The sponsor has filed 4 amendments, the latest in March 2023. The nearest other condo plan on file is Beverly Road Condominium, 0.1 mi away.

Plan CD200021 · New · accepted Feb 4, 2021 · AG record ↗

Compare

FigureThis building1The Newkirk237 units · 0.7 miaccepted 2022H7338 units · 1.2 miaccepted 2022
Common ChargesPer Square Foot / Month$0.24Lowest$0.65$0.59
Average Offering PricePer Apartment$628,586Above peers$582,838$597,526
Average PricePer Square Foot$1,024Above peers$967$978
Property TaxesPer Square Foot / Month$0.53Lowest$1.01$0.76
Average Unit SizeSquare Feet614 SFLarger597 SF611 SF

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Unit mix, closings, budgets, finishes and the team, against The Newkirk and H7, 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 A29 of 29
Closing prices vs. Schedule A29 homes: $17,551,486 at closing against $18,229,000 in Schedule A (p. 34, p. 35)−3.7%
Average closing price29 homes, on their Schedule A square feet$986 / SF
Closingsfirst and latest recordedSep 17, 2021 – May 24, 2023

Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2024: 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 29 closings
HomeRecordedClosing priceSchedule ADifference
3DSep 17, 2021$410,000$420,000 p. 34−2.4%
8BSep 17, 2021$520,000$580,000 p. 35−10.3%
4DOct 6, 2021$420,000$430,000 p. 34−2.3%
4EOct 21, 2021$392,890$420,000 p. 34−6.5%
2DOct 28, 2021$460,000$400,000 p. 34+15%
6BNov 3, 2021$515,000$560,000 p. 34−8%
3BNov 10, 2021$514,216$530,000 p. 34−3%
5BNov 18, 2021$500,000$550,000 p. 34−9.1%
4BJan 18, 2022$590,585$540,000 p. 34+9.4%
6CJan 20, 2022$550,000$570,000 p. 34−3.5%
2BJan 26, 2022$497,000$520,000 p. 34−4.4%
7DJan 31, 2022$939,000$869,000 p. 35+8.1%
3AMar 25, 2022$856,795$829,000 p. 34+3.4%
3CApr 13, 2022$499,000$540,000 p. 34−7.6%
8AApr 18, 2022$920,000$999,000 p. 35−7.9%
3EApr 20, 2022$389,000$410,000 p. 34−5.1%
2CApr 29, 2022$485,000$499,000 p. 34−2.8%
4CApr 29, 2022$500,000$550,000 p. 34−9.1%
5CApr 29, 2022$510,000$560,000 p. 34−8.9%
7CMay 12, 2022$525,000$580,000 p. 35−9.5%
5DMay 17, 2022$820,000$849,000 p. 34−3.4%
2AMay 20, 2022$800,000$799,000 p. 34+0.1%
7BJun 2, 2022$540,000$570,000 p. 35−5.3%
2EJun 29, 2022$395,000$380,000 p. 34+3.9%
6DJul 6, 2022$875,000$859,000 p. 34+1.9%
5AJul 25, 2022$825,000$849,000 p. 34−2.8%
6AFeb 27, 2023$749,000$859,000 p. 34−12.8%
7AApr 13, 2023$825,000$869,000 p. 34−5.1%
4AMay 24, 2023$729,000$839,000 p. 34−13.1%

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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
Anfiri Realty LLC
Developer
B&O Construction LLC
Principals
Boris Tansky, Oleg Krasnitskiy, Anna Kripitser, Fione Tsatskin, Kristina Valler, Lenny Tsatskin, Mayya Fleyshmakher, Rina Granik
Tax estimate
Boris Saks, Esq., PLLCPrepared the first-year real estate tax projection

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

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