305 23rd Street Condominium
305 23rd Street, Brooklyn, NY 11215
Overview
- Units
- 11 residential · 6 parking
- Subway
- 9 min walk to 25 St RProspect Av R, 13 min
- Principals
- Ben Igoe, Samuel Provisero, Steven Hafif
- Average $/sf
- $1,210Homes in Schedule A, as first offered
- Common charges
- $467–$701 a monthSponsor's first-year estimate in Schedule A, September 1, 2020 - August 31, 2021
- Offering price
- $18.6 million total
- Floor plans
- Page 7 of the plan
The sponsor of record is 303 23rd Street Development, LLC, represented by Marans, Weisz & Newman LLC. The offering plan runs 335 pages. The sponsor has filed 3 amendments, the latest in December 2021. The nearest other condo plan on file is 301 23rd Street Condominium, next door.
Plan CD190389 · New · accepted Aug 26, 2020 · AG record ↗
Compare
| Figure | This building1 | 719 6th212 units · 0.1 miaccepted 2019 | Huntington315 units · 1.5 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.44In line | $0.44 | $0.28 |
| Average Offering PricePer Apartment | $1.63MAbove peers | $1.48M | $1.31M |
| Average PricePer Square Foot | $1,210Below peers | $1,222 | $1,214 |
| Property TaxesPer Square Foot / Month | $0.44Lowest | $0.83 | $0.60 |
| Average Unit SizeSquare Feet | 1,343 SFLarger | 1,214 SF | 1,076 SF |
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Unit mix, closings, budgets, finishes and the team, against 719 6th and Huntington, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.
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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.
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Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 11 of 11 |
| Closing prices vs. Schedule A11 homes: $18,728,529 at closing against $17,875,000 in Schedule A (p. 49) | +4.8% |
| Average closing price11 homes, on their Schedule A square feet | $1,268 / SF |
| Closingsfirst and latest recorded | Jul 30, 2021 – Aug 27, 2021 |
Sales recorded with the Department of Finance (ACRIS) through Aug 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 11 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4S | Jul 30, 2021 | $1,235,000 | $1,235,000 p. 49 | 0% |
| 2S | Aug 5, 2021 | $1,448,094 | $1,375,000 p. 49 | +5.3% |
| 2E | Aug 6, 2021 | $1,858,306 | $1,825,000 p. 49 | +1.8% |
| 3S | Aug 6, 2021 | $1,232,500 | $1,200,000 p. 49 | +2.7% |
| PHW | Aug 6, 2021 | $2,094,847 | $1,875,000 p. 49 | +11.7% |
| 3E | Aug 10, 2021 | $1,654,656 | $1,595,000 p. 49 | +3.7% |
| 4E | Aug 10, 2021 | $1,660,011 | $1,645,000 p. 49 | +0.9% |
| 4W | Aug 13, 2021 | $1,746,299 | $1,650,000 p. 49 | +5.8% |
| 3W | Aug 18, 2021 | $1,650,000 | $1,600,000 p. 49 | +3.1% |
| PHE | Aug 18, 2021 | $2,256,706 | $2,050,000 p. 49 | +10.1% |
| 2W | Aug 27, 2021 | $1,892,109 | $1,825,000 p. 49 | +3.7% |
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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page, here and in ChatGPT or Claude.
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
- 303 23rd Street Development, LLC
- Principals
- Ben Igoe, Samuel Provisero, Steven Hafif
- Counsel
- Marans, Weisz & Newman LLC
- Tax estimate
- Tuchman, Korngold, Weiss, Liebman & Lindemann, LLPPrepared the first-year real estate tax projection
- Construction lender
- The Bank of Princeton$15.5 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 301 23rd Street Condominiumnext door · 4 units
- 316 22nd Street Condominiumnext door · 9 units · 2022
- 324 22nd Street Condominiumnext door · 7 units · 2006
- 312 23rd Street Condominiumnext door · 7 units · 2009
- 313 & 314 23rd Street Condominiumnext door · 16 units · 2006
- 712 6th Avenue Condominiumnext door · 8 units · 2008