THE CONDO BOOK PROJECT

32 Schaefer Street Condominium

32 Schaefer Street, Brooklyn, NY 11207

Overview

Units
8 residential
Subway
4 min walk to Chauncey St J ZHalsey St J, 5 min
Principals
Oren Hakim, Maurice Nassiri, Saeed Tehrani
Average $/sf
$1,110Homes in Schedule A, as first offered
Common charges
$356–$712 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 to June 30, 2027
Offering price
$5.9 million total

The sponsor of record is 32 Group LLC, represented by Eial Girtz, PC. The offering plan runs 265 pages. The nearest other condo plan on file is Schae Condominium, next door.

Plan CD250232 · New · accepted Feb 2, 2026 · AG record ↗

Compare

FigureThis building1The 1009 Decatur Street28 units · 0 miaccepted 20261073 Willoughby38 units · 1.3 miaccepted 2025
Common ChargesPer Square Foot / Month$0.67Above peers$0.45$0.63
Average Offering PricePer Apartment$737,522Below peers$913,750$815,000
Average PricePer Square Foot$1,110In line$1,084$1,136
Property TaxesPer Square Foot / Month$1.20Above peers$1.13$0.81
Average Unit SizeSquare Feet664 SFSmaller843 SF717 SF

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Unit mix, closings, budgets, finishes and the team, against The 1009 Decatur Street and 1073 Willoughby, 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.

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
32 Group LLC
Principals
Oren Hakim, Maurice Nassiri, Saeed Tehrani
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Global Equities GP$2.7 million loan stated in the plan

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

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