Six Garfield Condominium
269 4th Avenue, Brooklyn, NY 11215
Overview
- Units
- 33 residential · 1 commercial
- Subway
- 3 min walk to Union St R4 Av-9 St F G R, 9 min
- Developer
- New Empire Corporation
- Principals
- Bentley Zhao
- Average $/sf
- $1,358Homes in Schedule A, as first offered
- Offering price
- $53.5 million total
- Floor plans
- Pages 239–240 of the plan
The sponsor of record is First Building Enterprises LLC, represented by Marans Weisz & Newman LLC. The offering plan runs 373 pages. The sponsor has filed 6 amendments, the latest in April 2023. The nearest other condo plan on file is 6 Garfield Road Condominium, next door.
Plan CD180405 · New · accepted Apr 28, 2020 · AG record ↗
Compare
| Figure | This building1 | 552 Prospect Place222 units · 1.4 miaccepted 2020 | Alfred On Fleet323 units · 1.2 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.94Highest | $0.40 | $0.78 |
| Average Offering PricePer Apartment | $1.52MHighest | $1.26M | $1.17M |
| Average PricePer Square Foot | $1,358Above peers | $1,344 | $1,287 |
| Average Unit SizeSquare Feet | 1,119 SFLargest | 937 SF | 912 SF |
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Unit mix, closings, budgets, finishes and the team, against 552 Prospect Place and Alfred On Fleet, 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 closed94% of the homes in Schedule A | 31 of 33 |
| Closing prices vs. Schedule A23 homes: $33,745,590 at closing against $31,486,000 in Schedule A (p. 47) | +7.2% |
| Average closing price23 homes, on their Schedule A square feet | $1,391 / SF |
| Closingsfirst and latest recorded | Oct 18, 2022 – Jun 8, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Dec 31, 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 31 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1003 | Oct 18, 2022 | $1,350,000 | — | — |
| 303 | Oct 20, 2022 | $980,575 | $950,000 p. 47 | +3.2% |
| 402 | Oct 20, 2022 | $768,779 | $750,000 p. 47 | +2.5% |
| 801 | Oct 20, 2022 | $1,680,000 | $1,599,000 p. 47 | +5.1% |
| 803 | Oct 20, 2022 | $1,725,000 | $1,599,000 p. 47 | +7.9% |
| 903 | Oct 20, 2022 | $1,750,000 | $1,625,000 p. 47 | +7.7% |
| 1002 | Oct 20, 2022 | $1,800,000 | — | — |
| 702 | Oct 21, 2022 | $2,035,000 | $2,025,000 p. 47 | +0.5% |
| 1102 | Oct 21, 2022 | $1,900,000 | — | — |
| 302 | Oct 24, 2022 | $735,000 | $725,000 p. 47 | +1.4% |
| 1103 | Oct 26, 2022 | $1,280,000 | — | — |
| 602 | Oct 27, 2022 | $2,275,000 | $1,998,000 p. 47 | +13.9% |
| 202 | Nov 3, 2022 | $715,000 | $699,000 p. 47 | +2.3% |
| 503 | Nov 3, 2022 | $2,275,000 | $1,975,000 p. 47 | +15.2% |
| 802 | Nov 4, 2022 | $1,755,000 | $1,699,000 p. 47 | +3.3% |
| 901 | Nov 4, 2022 | $1,725,934 | $1,599,000 p. 47 | +7.9% |
| 201 | Nov 7, 2022 | $1,290,000 | $1,225,000 p. 47 | +5.3% |
| 904 | Nov 7, 2022 | $1,270,000 | $1,240,000 p. 47 | +2.4% |
| 403 | Nov 8, 2022 | $1,170,988 | $975,000 p. 47 | +20.1% |
| 501 | Nov 14, 2022 | $1,242,265 | $1,225,000 p. 47 | +1.4% |
| 1001 | Nov 14, 2022 | $2,650,000 | — | — |
| 1201 | Nov 17, 2022 | $2,294,984 | — | — |
| 1101 | Nov 21, 2022 | $2,455,350 | — | — |
| 203 | Dec 22, 2022 | $2,275,000 | $2,150,000 p. 47 | +5.8% |
| 401 | Jan 6, 2023 | $1,195,000 | $1,195,000 p. 47 | 0% |
| 502 | Jan 17, 2023 | $726,570 | $775,000 p. 47 | −6.2% |
| 404 | Feb 15, 2023 | $835,000 | $725,000 p. 47 | +15.2% |
| 701 | Feb 24, 2023 | $2,291,063 | $2,025,000 p. 47 | +13.1% |
| 601 | Mar 8, 2023 | $2,225,000 | $1,998,000 p. 47 | +11.4% |
| 1202 | May 9, 2023 | $3,875,000 | — | — |
| 304 | Jun 8, 2023 | $804,418 | $710,000 p. 47 | +13.3% |
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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
- First Building Enterprises LLC
- Developer
- New Empire CorporationReported by commercialobserver.com
- Principals
- Bentley Zhao
- Counsel
- Marans Weisz & Newman LLC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Popular Bank$28 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 6 Garfield Road Condominiumnext door · 24 units · 2015
- Six Garfield Place Condominiumnext door · 3 units · 2024
- 251 1st Street Condominiumnext door · 44 units · 2016
- Elan Condominiumnext door · 32 units · 11 parking · 2007
- 18-20 Garfield Place Condominiumnext door · 8 units · 2018
- 261-263-265 1st Street Condominiumnext door · 9 units · 2015