THE CONDO BOOK PROJECT

316 Rutledge Street Condominium

316 Rutledge Street, Brooklyn, NY 11211

Overview

Units
0 residential · 1 parking · 1 storage · 9 commercial
Subway
2 min walk to Broadway GHewes St J M, 3 min
Principals
Abraham Brach
Average $/sf
$1,000Homes in Schedule A, as first offered
Common charges
$312–$902 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 - June 30, 2026
Offering price
$45.9 million total

The sponsor of record is Sig 314 Rutledge LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 311 pages. The sponsor has filed 2 amendments, the latest in February 2026. The nearest other condo plan on file is 59 Harrison Avenue Condominium, next door.

Plan CD240374 · New · accepted Jun 20, 2025 · AG record ↗

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
Sig 314 Rutledge LLC
Principals
Abraham Brach
Tax estimate
Re tax Service, IncPrepared the first-year real estate tax projection
Construction lender
Levon Capital

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

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