THE CONDO BOOK PROJECT

Bleecker Condominium

31 Bleecker Street, Brooklyn, NY 11211

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Overview

Units
6 residential
Subway
7 min walk to Gates Av J ZKosciuszko St J, 8 min
Average $/sf
$990Homes in Schedule A, as first offered
Common charges
$256–$544 a monthSponsor's first-year estimate in Schedule A, July 1, 2021 To June 30, 2022
Offering price
$3.75 million total

The sponsor of record is The Bleecker Holdings & Development LLC, represented by Mekhtiyev Law Firm. The offering plan runs 272 pages. The sponsor has filed 1 amendment, the latest in August 2021. The nearest other condo plan on file is Bleecker Street Gardens Condominium, next door.

Plan CD200252 · New · accepted Mar 8, 2021 · AG record ↗

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FigureThis building1832 Monroe27 units · 0.4 miaccepted 2021400 Linden36 units · 0.8 miaccepted 2021
Common ChargesPer Square Foot / Month$0.65Above peers$0.53$0.58
Average Offering PricePer Apartment$624,667Below peers$638,429$678,833
Average PricePer Square Foot$990Below peers$1,019$1,067
Property TaxesPer Square Foot / Month$1.02Highest$0.63$0.83
Average Unit SizeSquare Feet631 SFIn line627 SF637 SF

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Unit mix, closings, budgets, finishes and the team, against 832 Monroe and 400 Linden, 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 A6 of 6
Closing prices vs. Schedule A6 homes: $3,650,625 at closing against $3,748,000 in Schedule A (p. 38)−2.6%
Average closing price6 homes, on their Schedule A square feet$965 / SF
Closingsfirst and latest recordedJan 6, 2022 – Feb 25, 2022

Sales recorded with the Department of Finance (ACRIS) through Jul 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 6 closings
HomeRecordedClosing priceSchedule ADifference
3RJan 6, 2022$755,625$775,000 p. 38−2.5%
2RJan 25, 2022$445,000$459,000 p. 38−3.1%
3FFeb 1, 2022$810,000$825,000 p. 38−1.8%
1FFeb 2, 2022$460,000$465,000 p. 38−1.1%
1RFeb 10, 2022$720,000$735,000 p. 38−2%
2FFeb 25, 2022$460,000$489,000 p. 38−5.9%

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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.

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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
The Bleecker Holdings & Development LLC
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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