THE CONDO BOOK PROJECT

29 Havemeyer Condominium

29 Havemeyer Street, Brooklyn, NY 11211

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This building has another offering plan on file with a fuller record: 29 Havemeyer Condominium (CD220165).

Overview

Units
5 residential · 1 commercial
Subway
4 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 4 min
Average $/sf
$1,724Homes in Schedule A, as first offered
Common charges
$431–$682 a monthSponsor's first-year estimate in Schedule A, October 1, 2020 Through September 30, 2021
Offering price
$8.4 million total

The sponsor of record is 2729 Havemeyer Realty LLC, represented by Turek Roth Grossman LLP. The offering plan runs 317 pages. The sponsor has filed 2 amendments, the latest in October 2020. The nearest other condo plan on file is 29 Havemeyer Condominium, next door.

Plan CD190095 · New · accepted Apr 14, 2020 · AG record ↗

Compare

FigureThis building121 North Henry26 units · 0.6 miaccepted 202019 Richardson33 units · 0.2 miaccepted 2020
Common ChargesPer Square Foot / Month$0.57Above peers$0.52$0.48
Average Offering PricePer Apartment$1.68MIn line$1.14M$2.33M
Average PricePer Square Foot$1,724In line$1,641$1,775
Property TaxesPer Square Foot / Month$0.96Above peers$0.83$0.85
Average Unit SizeSquare Feet974 SFIn line696 SF1,312 SF

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Unit mix, closings, budgets, finishes and the team, against 21 North Henry and 19 Richardson, 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 A5 of 5
Closing prices vs. Schedule A5 homes: $7,865,000 at closing against $8,400,000 in Schedule A (p. 40)−6.4%
Average closing price5 homes, on their Schedule A square feet$1,615 / SF
Closingsfirst and latest recordedJan 11, 2024 – Apr 26, 2024

Sales recorded with the Department of Finance (ACRIS) through Jan 31, 2026: 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 5 closings
HomeRecordedClosing priceSchedule ADifference
5AJan 11, 2024$1,400,000$1,450,000 p. 40−3.4%
3Feb 21, 2024$1,825,000$1,900,000 p. 40−3.9%
5BFeb 23, 2024$1,165,000$1,250,000 p. 40−6.8%
2Mar 22, 2024$1,650,000$1,850,000 p. 40−10.8%
4Apr 26, 2024$1,825,000$1,950,000 p. 40−6.4%

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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
2729 Havemeyer Realty LLC
Counsel
Turek Roth Grossman LLP
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection

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

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