THE CONDO BOOK PROJECT

2350 W. 11th Street Condominum

2350 West 11th Street, Brooklyn, NY 11223

Overview

Units
9 residential
Subway
5 min walk to Bay 50 St D86 St N, 9 min
Principals
Guan Yu Li
Average $/sf
$900Homes in Schedule A, as first offered
Common charges
$315–$555 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 to December 31, 2022
Offering price
$6.13 million total $6.17 million when first offered

The sponsor of record is W2350 Realty LLC, represented by Moritt Hock & Hamroff, LLP. The offering plan runs 295 pages. The sponsor has filed 5 amendments, the latest in April 2025. The nearest other condo plan on file is 2370 Condominium, next door.

Plan CD210150 · New · accepted Oct 14, 2021 · AG record ↗

Compare

FigureThis building11721 W. 6th215 units · 1.1 miaccepted 202116 Bay 25th310 units · 1.3 miaccepted 2021
Common ChargesPer Square Foot / Month$0.53Highest$0.33$0.40
Average Offering PricePer Apartment$650,100Below peers$720,960$851,800
Average PricePer Square Foot$900In line$900$906
Property TaxesPer Square Foot / Month$0.56Lowest$0.95$0.72
Average Unit SizeSquare Feet722 SFSmaller801 SF940 SF

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Unit mix, closings, budgets, finishes and the team, against 1721 W. 6th and 16 Bay 25th, 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 closed89% of the homes in Schedule A8 of 9
Closing prices vs. Schedule A8 homes: $3,534,284 at closing against $4,927,500 in Schedule A (p. 38)−28.3%
Average closing price8 homes, on their Schedule A square feet$646 / SF
Closingsfirst and latest recordedAug 3, 2023 – Dec 4, 2025

Sales recorded with the Department of Finance (ACRIS) through Jan 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 8 closings
HomeRecordedClosing priceSchedule ADifference
302Aug 3, 2023$529,490$585,000 p. 38−9.5%
202Dec 20, 2023$456,300$552,600 p. 38−17.4%
301Feb 12, 2024$360,984$441,900 p. 38−18.3%
102Mar 26, 2024$392,730$663,300 p. 38−40.8%
201Jul 19, 2024$430,950$585,000 p. 38−26.3%
103Aug 12, 2024$405,600$721,800 p. 38−43.8%
101Sep 19, 2024$476,580$741,600 p. 38−35.7%
303Dec 4, 2025$481,650$636,300 p. 38−24.3%

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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
W2350 Realty LLC
Principals
Guan Yu Li
Tax estimate
Highpoint Incentives Inc.Prepared the first-year real estate tax projection
Construction lender
Colorado Federal Savings Bank$2 million recorded

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

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