27 Wyckoff Condominium
27 Wyckoff Street, Brooklyn, NY 11201
Overview
- Units
- 3 residential
- Subway
- 3 min walk to Bergen St F GBorough Hall/Court St 2 3 4 5 R, 9 min
- Principals
- Fredrick Waid
- Average $/sf
- $1,415Homes in Schedule A, as first offered
- Common charges
- $1,140–$2,020 a monthSponsor's first-year estimate in Schedule A, July 1, 2022 - June 30, 2023
- Offering price
- $4.5 million total
- Floor plans
- Page 48 of the plan
The sponsor of record is Independence 41, LLC, represented by Starr Associates, LLP. The offering plan runs 468 pages. The sponsor has filed 3 amendments, the latest in October 2023. The nearest other condo plan on file is 23 Wyckoff Street Condominium, next door.
Plan CD210285 · Rehab · accepted Aug 4, 2022 · AG record ↗
Compare
| Figure | This building1 | 371 Douglass23 units · 0.8 miaccepted 2022 | 184 Saint Marks34 units · 1.3 miaccepted 2022 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.08Highest | $0.35 | $0.33 |
| Average Offering PricePer Apartment | $2.25MIn line | $2.4M | $2.01M |
| Average PricePer Square Foot | $1,415Below peers | $1,530 | $1,467 |
| Property TaxesPer Square Foot / Month | $0.23Lowest | $0.28 | $0.35 |
| Average Unit SizeSquare Feet | 1,424 SFIn line | 1,568 SF | 1,372 SF |
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See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 371 Douglass and 184 Saint Marks, cited to the offering plans. No credit card required.
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- 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 closed67% of the homes in Schedule A | 2 of 3 |
| Closing prices vs. Schedule A2 homes: $4,193,369 at closing against $4,500,000 in Schedule A (p. 47) | −6.8% |
| Average closing price2 homes, on their Schedule A square feet | $1,318 / SF |
| Closingsfirst and latest recorded | Aug 31, 2023 – Sep 14, 2023 |
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 2 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Aug 31, 2023 | $1,768,719 | $2,050,000 p. 47 | −13.7% |
| 1 | Sep 14, 2023 | $2,424,650 | $2,450,000 p. 47 | −1% |
Pro
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
- Independence 41, LLC
- Principals
- Fredrick Waid
- Counsel
- Starr Associates, LLP
- Tax estimate
- Korngold Powers LLPPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 23 Wyckoff Street Condominiumnext door · 4 units · 2022
- 41 Wyckoff Condominiumnext door · 4 units · 2022
- Ironworks Condominiumnext door · 9 units · 2000
- Westcott Condominiumnext door · 14 units · 2001
- Bergen 17 Condominiumnext door · 4 units · 2008
- Dean Boerum Condominiumnext door · 21 units · 10 parking · 2001