THE CONDO BOOK PROJECT

Oslo Condominium

319 18th Street, Brooklyn, NY 11215

Compare

Overview

Units
13 residential
Subway
8 min walk to Prospect Av R15 St-Prospect Park F G, 13 min
Principals
M. George Hansen, Arleen Hansen
Average $/sf
$350Homes in Schedule A, as first offered
Common charges
$94–$118 a monthSponsor's first-year estimate in Schedule A, -
Offering price
$4.32 million total

The sponsor of record is Hansen & Hansen, LLC, represented by Marans & Weisz, LLC. The offering plan runs 198 pages. The sponsor has filed 1 amendment, the latest in September 2004. The nearest other condo plan on file is Bergen Condominium, next door.

Plan CD020152 · New · accepted Apr 6, 2004 · AG record ↗

Compare

FigureThis building1Carriage House On The Slope224 units · 0.3 miaccepted 2005Carroll Gardens326 units · 1.5 miaccepted 2001
Common ChargesPer Square Foot / Month$0.11Lowest$0.41$0.35
Average Offering PricePer Apartment$331,923Lowest$787,917$571,577
Average PricePer Square Foot$350Lowest$609$489
Property TaxesPer Square Foot / Month$0.01Lowest$0.16$0.05
Average Unit SizeSquare Feet949 SFSmallest1,293 SF1,169 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Carriage House On The Slope and Carroll Gardens, cited to the offering plans. No credit card required.

Create a free account
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 closed85% of the homes in Schedule A11 of 13
Closing prices vs. Schedule A11 homes: $3,882,306 at closing against $3,627,000 in Schedule A (p. 16)+7%
Average closing price11 homes, on their Schedule A square feet$375 / SF
Closingsfirst and latest recordedDec 21, 2004 – Oct 30, 2006

Sales recorded with the Department of Finance (ACRIS) through Apr 30, 2022: 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
HomeRecordedClosing priceSchedule ADifference
1ADec 21, 2004$348,816$359,000 p. 16−2.8%
4ADec 29, 2004$310,000$319,000 p. 16−2.8%
5A**Dec 29, 2004$339,000$345,000 p. 16−1.7%
1cJan 10, 2005$328,536$324,000 p. 16+1.4%
3BJan 20, 2005$343,746$339,000 p. 16+1.4%
4BJan 24, 2005$314,000$319,000 p. 16−1.6%
2cApr 14, 2005$328,536$324,000 p. 16+1.4%
3CAug 11, 2005$384,306$324,000 p. 16+18.6%
4cAug 12, 2005$384,306$295,000 p. 16+30.3%
1BJan 16, 2006$386,334$330,000 p. 16+17.1%
3AOct 30, 2006$414,726$349,000 p. 16+18.8%

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

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
Hansen & Hansen, LLC
Principals
M. George Hansen, Arleen Hansen
Tax estimate
Ben RottensteinPrepared the first-year real estate tax projection

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

Nearby