239 President Street Condominium
239 President Street, Brooklyn, NY 11231
Overview
- Units
- 4 residential
- Subway
- 4 min walk to Carroll St F GBergen St F G, 11 min
- Principals
- Eli Scharf
- Average $/sf
- $2,014Homes in Schedule A, as first offered
- Common charges
- $404–$503 a monthSponsor's first-year estimate in Schedule A, December 1, 2022 – November 30, 2023
- Offering price
- $9.9 million total $9.1 million when first offered
- Floor plans
- Page 22 of the plan
The sponsor of record is Habitat On President LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 309 pages. The nearest other condo plan on file is 411 Clinton Street Condominium, next door.
Plan CD220034 · Rehab · accepted Oct 7, 2022 · AG record ↗
Compare
| Figure | This building1 | 23 Wyckoff24 units · 0.4 miaccepted 2022 | 124 Wyckoff33 units · 0.5 miaccepted 2023 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.36Lowest | $0.52 | $0.70 |
| Average Offering PricePer Apartment | $2.48MAbove peers | $2.04M | $2.46M |
| Average PricePer Square Foot | $2,014In line | $1,934 | $2,020 |
| Property TaxesPer Square Foot / Month | $0.30Lowest | $0.54 | $0.36 |
| Average Unit SizeSquare Feet | 1,229 SFLarger | 1,057 SF | 1,220 SF |
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Unit mix, closings, budgets, finishes and the team, against 23 Wyckoff and 124 Wyckoff, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 4 of 4 |
| Closing prices vs. Schedule A4 homes: $9,217,780 at closing against $9,900,000 in Schedule A (p. 29) | −6.9% |
| Average closing price4 homes, on their Schedule A square feet | $1,875 / SF |
| Closingsfirst and latest recorded | Jan 26, 2023 – Mar 16, 2023 |
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 4 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3 | Jan 26, 2023 | $2,331,793 | $2,400,000 p. 29 | −2.8% |
| 2 | Jan 31, 2023 | $1,995,000 | $2,300,000 p. 29 | −13.3% |
| 4 | Feb 9, 2023 | $2,320,988 | $2,500,000 p. 29 | −7.2% |
| 1 | Mar 16, 2023 | $2,570,000 | $2,700,000 p. 29 | −4.8% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Habitat On President LLC
- Principals
- Eli Scharf
- Tax estimate
- Empire Consulting Services, Inc.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 411 Clinton Street Condominiumnext door · 10 units · 2008
- 417 Clinton Street Condominiumnext door · 5 units · 2008
- Sackett & Union Condominiumnext door · 32 units · 11 parking · 2012
- 284 Sackett Street Condominiumnext door · 3 units · 2002
- Sackett Street Condominiumnext door · 16 units
- 280 Sackett Street Condominiumnext door · 3 units · 2001