THE CONDO BOOK PROJECT

238 Degraw Street Condominium

238 Degraw Street, Brooklyn, NY 11231

Overview

Units
3 residential
Subway
8 min walk to Carroll St F GBergen St F G, 10 min
Principals
Royi Hazan
Average $/sf
$2,093Homes in Schedule A, as first offered
Offering price
$11.1 million total $10.4 million when first offered

The sponsor of record is 238 Degraw Partners LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 345 pages. The sponsor has filed 1 amendment, the latest in March 2026. The nearest other condo plan on file is 378 Clinton Street Condominiums, next door.

Plan CD250144 · Rehab · accepted Nov 19, 2025 · AG record ↗

Compare

FigureThis building1Gabriella23 units · 0.5 miaccepted 2025323 Clinton34 units · 0.1 miaccepted 2025
Common ChargesPer Square Foot / Month$0.45Below peers$0.79$0.47
Average Offering PricePer Apartment$3.47MIn line$2.4M$3.97M
Average PricePer Square Foot$2,093Below peers$2,122$2,324
Average Unit SizeSquare Feet1,658 SFIn line1,131 SF1,707 SF

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Unit mix, closings, budgets, finishes and the team, against Gabriella and 323 Clinton, 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 A3 of 3
Closing prices vs. Schedule A3 homes: $10,625,019 at closing against $10,415,000 in Schedule A (p. 32)+2%
Average closing price3 homes, on their Schedule A square feet$2,136 / SF
Closingsfirst and latest recordedApr 30, 2026 – May 14, 2026

Sales recorded with the Department of Finance (ACRIS) through Jul 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 3 closings
HomeRecordedClosing priceSchedule ADifference
3Apr 30, 2026$3,283,719$2,695,000 p. 32+21.8%
2May 11, 2026$4,491,300$4,225,000 p. 32+6.3%
1May 14, 2026$2,850,000$3,495,000 p. 32−18.5%

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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
238 Degraw Partners LLC
Principals
Royi Hazan
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection
Construction lender
S3 CapitalLender on the mortgage and building loan agreement recorded October 2024 in ACRIS; $5.59 million recorded

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

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