THE CONDO BOOK PROJECT

248 20th Street Condominium

248 20th Street, Brooklyn, NY 11215

Overview

Units
4 residential
Subway
7 min walk to Prospect Av R25 St R, 8 min
Principals
Aaron Hockett, Dmitri Sytchev
Average $/sf
$1,493Homes in Schedule A, as first offered
Common charges
$1,020 a monthSponsor's first-year estimate in Schedule A, January 1, 2027 - December 31, 2027
Offering price
$8.22 million total $8.15 million when first offered

The sponsor of record is 248 20th Street LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 327 pages. The nearest other condo plan on file is 265 20th Avenue Condominium, next door.

Plan CD250351 · Rehab · accepted Jul 7, 2026 · AG record ↗

Compare

FigureThis building182 Sterling Place24 units · 1.4 miaccepted 202647 St. Mark'S Place33 units · 1.6 miaccepted 2025
Common ChargesPer Square Foot / Month$0.74Highest$0.44$0.42
Average Offering PricePer Apartment$2.06MAbove peers$1.75M$1.97M
Average PricePer Square Foot$1,493In line$1,404$1,558
Property TaxesPer Square Foot / Month$0.61Highest$0.42$0.35
Average Unit SizeSquare Feet1,378 SFLarger1,247 SF1,262 SF

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Unit mix, closings, budgets, finishes and the team, against 82 Sterling Place and 47 St. Mark'S Place, 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.

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
248 20th Street LLC
Principals
Aaron Hockett, Dmitri Sytchev
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Cl-Lm Resi Purchaser Trust 1$5 million recorded

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

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