322 Wallabout Street Condominium
322 Wallabout Street, Brooklyn, NY 11206
Overview
- Units
- 38 residential · 1 parking · 1 commercial
- Subway
- 1 min walk to Flushing Av GLorimer St J M, 7 min
- Developers
- Galaxy Developers LLC, The Rabsky Group
- Principals
- Hersh Rosenberg, Shimon Dushinsky
- Average $/sf
- $1,080Homes in Schedule A, as first offered
- Common charges
- $346–$1,108 a monthSponsor's first-year estimate in Schedule A, October 1, 2024 – September 30, 2025
- Offering price
- $84.1 million total $86.7 million when first offered
- Floor plans
- Page 101 of the plan
The sponsor of record is Wallabout Realty Corp., represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 659 pages. The sponsor has filed 1 amendment, the latest in March 2025. The nearest other condo plan on file is 330 Wallabout Street Condominium, next door.
Plan CD230117 · New · accepted Jul 1, 2024 · AG record ↗
Compare
| Figure | This building1 | 352 Wallabout258 units · 0.1 miaccepted 2024 | 524 Halsey333 units · 1.5 miaccepted 2023 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.29Lowest | $0.37 | $0.56 |
| Average Offering PricePer Apartment | $2.21MHighest | $1.59M | $1.38M |
| Average PricePer Square Foot | $1,080Above peers | $1,031 | $968 |
| Property TaxesPer Square Foot / Month | $0.77Highest | $0.41 | $0.47 |
| Average Unit SizeSquare Feet | 2,047 SFLargest | 1,537 SF | 1,431 SF |
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Unit mix, closings, budgets, finishes and the team, against 352 Wallabout and 524 Halsey, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed32% of the homes in Schedule A | 12 of 38 |
| Closing prices vs. Schedule A11 homes: $22,385,736 at closing against $23,625,000 in Schedule A (p. 41, p. 42) | −5.2% |
| Average closing price11 homes, on their Schedule A square feet | $1,009 / SF |
| Closingsfirst and latest recorded | Oct 27, 2025 – Jan 28, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Jul 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 12 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 5E | Oct 27, 2025 | $3,543,510 | $3,850,000 p. 41 | −8% |
| 6D | Oct 27, 2025 | $1,150,000 | $1,200,000 p. 41 | −4.2% |
| 7A | Nov 3, 2025 | $1,374,638 | $1,325,000 p. 42 | +3.7% |
| 7B | Nov 4, 2025 | $1,288,000 | $1,275,000 p. 42 | +1% |
| G2 | Nov 24, 2025 | $5,272,498 | — | — |
| 6B | Nov 26, 2025 | $1,323,725 | $1,275,000 p. 41 | +3.8% |
| 5F | Dec 11, 2025 | $3,318,701 | $3,600,000 p. 41 | −7.8% |
| 4D | Dec 17, 2025 | $1,221,900 | $1,250,000 p. 41 | −2.2% |
| 6E | Dec 29, 2025 | $3,470,550 | $3,800,000 p. 41 | −8.7% |
| 8A | Jan 8, 2026 | $1,323,725 | $1,300,000 p. 42 | +1.8% |
| 6F | Jan 26, 2026 | $3,200,000 | $3,550,000 p. 41 | −9.9% |
| 8D | Jan 28, 2026 | $1,170,988 | $1,200,000 p. 42 | −2.4% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- Wallabout Realty Corp.
- Developers
- Galaxy Developers LLC, The Rabsky Group
- Principals
- Hersh Rosenberg, Shimon Dushinsky
- Tax estimate
- Ben Rottenstein Associates Inc.Prepared the first-year real estate tax projection
- Construction lender
- Bank LeumiLender on the mortgage and building loan agreement recorded March 2022 in ACRIS
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 330 Wallabout Street Condominiumnext door · 48 units · 1 parking · 2024
- 342 Wallabout Street Condominiumnext door · 60 units · 1 parking · 2024
- 437-441 Marcy Avenue Condominiumnext door · 23 units · 2005
- Marcy Gardens Condominiumnext door · 23 units · 7 parking · 2008
- Garden Estates Condominium #5next door · 24 units · 2003
- 24-42 Walton Street Condominiumnext door · 42 units · 21 parking · 2006