THE CONDO BOOK PROJECT

250 Manhattan Avenue Condominium

250 Manhattan Avenue, Brooklyn, NY 11211

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Overview

Units
7 residential · 1 commercial
Subway
5 min walk to Graham Av LGrand St L, 6 min
Developer
MWT Development LLC
Principals
Cannone Cecile, Jian Cheng Liang, Kai H. Wong, Tommy Leung, Wing Sang Mui, Zhang Shun Liang
Average $/sf
$1,200Homes in Schedule A, as first offered
Common charges
$357–$564 a monthSponsor's first-year estimate in Schedule A, April 1, 2023 - March 31, 2024
Offering price
$7.28 million total

The sponsor of record is 250 Manhattan Ave Project, LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 236 pages. The sponsor has filed 7 amendments, the latest in January 2025. The nearest other condo plan on file is 134-136 Powers Street Condominium, next door.

Plan CD220005 · New · accepted Nov 10, 2022 · AG record ↗

Compare

FigureThis building1Herbert House27 units · 0.6 miaccepted 2022156 Devoe38 units · 0.1 miaccepted 2022
Common ChargesPer Square Foot / Month$0.65In line$0.71$0.64
Average Offering PricePer Apartment$744,261Lowest$917,429$1.05M
Average PricePer Square Foot$1,200Below peers$1,308$1,516
Property TaxesPer Square Foot / Month$1.08Highest$0.90$0.50
Average Unit SizeSquare Feet620 SFSmaller701 SF696 SF

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Unit mix, closings, budgets, finishes and the team, against Herbert House and 156 Devoe, 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 A7 of 7
Closingsfirst and latest recordedOct 30, 2024 – Sep 18, 2025

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2025: 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 7 closings
HomeRecordedClosing priceSchedule ADifference
4FOct 30, 2024$778,961——
PHDec 5, 2024$1,293,009——
3FDec 16, 2024$763,688——
3RJun 12, 2025$782,072——
4RJun 20, 2025$806,291——
2RJul 9, 2025$802,254——
2FSep 18, 2025$716,479——

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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
250 Manhattan Ave Project, LLC
Developer
MWT Development LLC
Principals
Cannone Cecile, Jian Cheng Liang, Kai H. Wong, Tommy Leung, Wing Sang Mui, Zhang Shun Liang
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Northeast Community Bank$3.85 million recorded

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

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