Middleton Units Condominium
24 Middleton Street, Brooklyn, NY 11206
Overview
- Units
- 16 residential · 1 commercial
- Subway
- 7 min walk to Flushing Av GBroadway G, 9 min
- Principals
- Abraham Mandel
- Average $/sf
- $1,977Homes in Schedule A, as first offered
- Common charges
- $233–$1,066 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2024
- Offering price
- $77 million total $70 million when first offered
- Floor plans
- Page 38 of the plan
The sponsor of record is Krula Holdings LLC, represented by The Law Office Of Jay Lichtman, PC. The offering plan runs 357 pages. The sponsor has filed 2 amendments, the latest in October 2024. The nearest other condo plan on file is Flushing-Wallabout Condominium, next door.
Plan CD230123 · New · accepted Jan 4, 2024 · AG record ↗
Compare
| Figure | This building1 | Williamsburg Green216 units · 1.4 miaccepted 2024 | 458 St. Marks319 units · 1.7 miaccepted 2024 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.33Lowest | $0.48 | $0.57 |
| Average Offering PricePer Apartment | $4MHighest | $2.09M | $1.55M |
| Average PricePer Square Foot | $1,977Highest | $1,662 | $1,635 |
| Property TaxesPer Square Foot / Month | $1.25In line | $1.02 | $1.67 |
| Average Unit SizeSquare Feet | 2,024 SFLargest | 1,257 SF | 946 SF |
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Unit mix, closings, budgets, finishes and the team, against Williamsburg Green and 458 St. Marks, 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 closed88% of the homes in Schedule A | 15 of 17 |
| Closing prices vs. Schedule A15 homes: $27,878,195 at closing against $64,696,000 in Schedule A (p. 36) | −56.9% |
| Average closing price15 homes, on their Schedule A square feet | $854 / SF |
| Closingsfirst and latest recorded | Dec 20, 2024 – Jul 14, 2025 |
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 15 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 7C | Dec 20, 2024 | $1,985,588 | $3,752,000 p. 36 | −47.1% |
| 3B | Dec 30, 2024 | $2,288,200 | $5,776,000 p. 36 | −60.4% |
| 4C | Jan 2, 2025 | $1,798,230 | $4,326,000 p. 36 | −58.4% |
| 4B | Jan 27, 2025 | $997,885 | $3,320,000 p. 36 | −69.9% |
| 6C | Jan 28, 2025 | $2,421,399 | $4,326,000 p. 36 | −44% |
| 6A | Feb 3, 2025 | $1,998,925 | $4,322,000 p. 36 | −53.7% |
| 7B | Feb 6, 2025 | $990,000 | $2,270,000 p. 36 | −56.4% |
| 2A | Feb 24, 2025 | $2,857,000 | $6,570,000 p. 36 | −56.5% |
| 3A | Feb 24, 2025 | $2,161,540 | $6,292,000 p. 36 | −65.6% |
| 4A | Feb 24, 2025 | $1,549,375 | $4,322,000 p. 36 | −64.2% |
| 5A | Feb 24, 2025 | $1,900,000 | $4,322,000 p. 36 | −56% |
| 5B | Feb 24, 2025 | $1,304,000 | $3,428,000 p. 36 | −62% |
| 6B | Feb 25, 2025 | $1,206,225 | $3,320,000 p. 36 | −63.7% |
| 7A | Mar 13, 2025 | $2,168,613 | $4,132,000 p. 36 | −47.5% |
| 5C | Jul 14, 2025 | $2,251,217 | $4,218,000 p. 36 | −46.6% |
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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
- Krula Holdings LLC
- Principals
- Abraham Mandel
- Tax estimate
- RE Tax ServicePrepared the first-year real estate tax projection
- Construction lender
- Parke Bank$23.8 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Flushing-Wallabout Condominiumnext door · 46 units · 2009
- 232 Lee Avenue Condominiumnext door · 13 units · 2008
- 194 Wallabout Street Condominiumnext door · 4 units · 2014
- 251 Lee Avenue Condominiumnext door · 10 units · 2003
- 40 Middleton Street Condominiumnext door · 12 units · 2003
- 5 Lorimer Street Condominiumnext door · 12 units · 2003