27 Kossuth Place Condominium

27 Kossuth Place, Brooklyn, NY 11221

Overview

Units: 10 residential
Subway: 1 min walk to Kosciuszko St JGates Av J Z, 8 min
Developer: Urban View Development Group Inc.
Principals: Nadav Hamo
Average $/sf: $680Homes in Schedule A, as first offered
Common charges: $200–$370 a monthSponsor's first-year estimate in Schedule A, March 1, 2018 - February 28, 2019
Offering price: $7.06 million total $5 million when first offered
Floor plans: Page 32 of the plan

The sponsor of record is 27 Kossuth Place LLC, represented by Marans, Weisz & Newman LLC. The offering plan runs 285 pages. The sponsor has filed 6 amendments, the latest in July 2020. The nearest other condo plan on file is 46 Kossuth Place Condominium, next door.

Plan CD170185 · New · accepted Feb 5, 2018 · AG record ↗

Compare

Figure	This building¹	129 Stockholm²8 units · 0.4 miaccepted 2017	1370 Bushwick³10 units · 1 miaccepted 2017
Common ChargesPer Square Foot / Month	$0.35Lowest	$0.44	$0.65
Average Offering PricePer Apartment	$500,000In line	$481,250	$564,830
Average PricePer Square Foot	$680Below peers	$707	$700
Property TaxesPer Square Foot / Month	$0.46In line	$0.34	$0.74
Average Unit SizeSquare Feet	735 SFIn line	681 SF	807 SF

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Unit mix, closings, budgets, finishes and the team, against 129 Stockholm and 1370 Bushwick, 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 A	10 of 10
Closing prices vs. Schedule A10 homes: $6,428,633 at closing against $5,000,000 in Schedule A (p. 31)	+28.6%
Average closing price10 homes, on their Schedule A square feet	$875 / SF
Closingsfirst and latest recorded	Apr 9, 2019 – Sep 21, 2020

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 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 10 closings

Home	Recorded	Closing price	Schedule A	Difference
4B	Apr 9, 2019	$820,000	$600,000 p. 31	+36.7%
1A	Apr 16, 2019	$892,000	$700,000 p. 31	+27.4%
3A	Jun 13, 2019	$570,500	$400,000 p. 31	+42.6%
2D	Jun 24, 2019	$621,133	$500,000 p. 31	+24.2%
2C	Sep 5, 2019	$625,000	$500,000 p. 31	+25%
4A	Dec 19, 2019	$620,000	$500,000 p. 31	+24%
4C	Mar 10, 2020	$720,000	$600,000 p. 31	+20%
2B	Mar 11, 2020	$515,000	$400,000 p. 31	+28.8%
3B	May 28, 2020	$540,000	$400,000 p. 31	+35%
2A	Sep 21, 2020	$505,000	$400,000 p. 31	+26.2%