THE CONDO BOOK PROJECT

Bergen

323 Bergen Street, Brooklyn, NY 11217

Overview

Bergen is a new seven-story, 105-unit condo on Bergen Street in Boerum Hill, built on a former yellow-cab garage. Its offering plan details Thermador kitchens, a cellar full of amenity rooms, 57 licensed parking spaces, and a resident manager's apartment that owners will eventually have to buy.

  • What it is: a new building with a cellar and seven floors on Bergen Street between Third and Fourth Avenues. The rear yard faces Dean Street. The plan expected construction to be substantially done around March 2025.
  • Size: 105 apartments, 57 licensed parking spaces, 63 licensed storage spaces and 118 licensed bike spaces. Four passenger elevators, two in each wing.
  • Layouts: studios, one- to three-bedroom apartments, ground-floor townhouse units with patios and gardens, and penthouses on the sixth and seventh floors. Many middle-floor homes have balconies.
  • Offering prices: in the original price list, homes ran from about $700,000 for a studio to about $6.75 million. These are asking prices, not sales. Later amendments raised the total offering from about $265.6 million to about $271.1 million.
  • Common charges: roughly $400 to $3,100 a month, depending on the unit, under the sponsor's first-year projection.

Compare

FigureThis building1Williamsburg Wharf292 units · 1.8 miaccepted 2024The Brooklyn Tower3149 units · 0.5 miaccepted 2021
Common ChargesPer Square Foot / Month$0.99Lowest$1.84$1.59
Average Offering PricePer Apartment$2.42MIn line$1.74M$2.56M
Average PricePer Square Foot$1,813Below peers$1,916$2,246
Property TaxesPer Square Foot / Month$1.20Above peers$1.14$1.10
Average Unit SizeSquare Feet1,337 SFLargest971 SF1,139 SF

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Unit mix, closings, budgets, finishes and the team, against Williamsburg Wharf and The Brooklyn Tower, 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 closed90% of the homes in Schedule A94 of 105
Closing prices vs. Schedule A79 homes: $152,180,786 at closing against $142,375,000 in Schedule A (p. 62, p. 63, p. 64)+6.9%
Average closing price79 homes, on their Schedule A square feet$1,870 / SF
Closingsfirst and latest recordedAug 5, 2025 – Sep 18, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 94 closings
HomeRecordedClosing priceSchedule ADifference
318EAug 5, 2025$2,350,000$2,150,000 p. 63+9.3%
417EAug 5, 2025$3,320,000$3,300,000 p. 64+0.6%
418EAug 5, 2025$2,300,000$2,200,000 p. 64+4.5%
203WAug 6, 2025$1,800,000$1,375,000 p. 62+30.9%
216EAug 6, 2025$875,000$825,000 p. 63+6.1%
304WAug 6, 2025$1,900,000$1,750,000 p. 63+8.6%
312EAug 6, 2025$1,810,000$1,775,000 p. 63+2%
411WAug 6, 2025$1,450,000$1,275,000 p. 63+13.7%
302WAug 7, 2025$1,725,000$1,725,000 p. 630%
210WAug 8, 2025$817,500$800,000 p. 62+2.2%
311WAug 8, 2025$1,275,000$1,250,000 p. 63+2%
414EAug 8, 2025$1,775,000$1,775,000 p. 640%
421EAug 8, 2025$1,275,000$1,275,000 p. 640%
506WAug 8, 2025$2,367,500$2,250,000 p. 64+5.2%
515EAug 8, 2025$1,738,259$1,500,000 p. 64+15.9%
109WAug 11, 2025$750,000$725,000 p. 62+3.4%
208WAug 11, 2025$1,182,500$1,175,000 p. 62+0.6%
209WAug 11, 2025$1,300,000$1,175,000 p. 62+10.6%
212EAug 11, 2025$1,750,000$1,725,000 p. 62+1.4%
301WAug 11, 2025$1,980,000$1,750,000 p. 63+13.1%
303WAug 11, 2025$1,680,000$1,425,000 p. 63+17.9%
306WAug 11, 2025$2,585,000$2,150,000 p. 63+20.2%
307WAug 11, 2025$2,382,500$2,300,000 p. 63+3.6%
308WAug 11, 2025$1,350,750$1,300,000 p. 63+3.9%
412EAug 11, 2025$1,815,000$1,800,000 p. 64+0.8%
415EAug 11, 2025$1,725,000$1,475,000 p. 64+16.9%
416EAug 11, 2025$1,872,000$1,800,000 p. 64+4%
419EAug 11, 2025$2,575,000$2,350,000 p. 64+9.6%
420EAug 11, 2025$1,460,000$1,400,000 p. 64+4.3%
503WAug 11, 2025$1,565,730$1,475,000 p. 64+6.2%
504WAug 11, 2025$2,000,000$1,800,000 p. 64+11.1%
514EAug 11, 2025$1,845,000$1,800,000 p. 64+2.5%
516EAug 11, 2025$1,853,000$1,825,000 p. 64+1.5%
517EAug 11, 2025$3,597,500$3,350,000 p. 64+7.4%
519EAug 11, 2025$2,690,000$2,400,000 p. 64+12.1%
P704WAug 11, 2025$5,098,750——
T102WAug 11, 2025$3,110,000——
T103WAug 11, 2025$3,150,000——
T117EAug 11, 2025$4,592,308——
319EAug 12, 2025$2,598,497$2,300,000 p. 63+13%
320EAug 12, 2025$1,550,000$1,375,000 p. 63+12.7%
321EAug 12, 2025$1,266,500$1,250,000 p. 63+1.3%
502WAug 12, 2025$1,875,000$1,775,000 p. 64+5.6%
505WAug 12, 2025$3,662,500$3,400,000 p. 64+7.7%
201WAug 14, 2025$1,837,500$1,700,000 p. 62+8.1%
314EAug 14, 2025$2,010,140$1,750,000 p. 63+14.9%
408WAug 14, 2025$1,390,000$1,325,000 p. 63+4.9%
512EAug 14, 2025$3,650,000$3,550,000 p. 64+2.8%
518EAug 14, 2025$2,276,500$2,250,000 p. 64+1.2%
112EAug 15, 2025$3,700,000$3,400,000 p. 62+8.8%
205WAug 15, 2025$2,008,093$1,850,000 p. 62+8.5%
206WAug 15, 2025$1,366,000$1,275,000 p. 62+7.1%
211WAug 15, 2025$1,525,000$1,225,000 p. 62+24.5%
316EAug 15, 2025$1,832,500$1,775,000 p. 63+3.2%
403WAug 15, 2025$1,564,144$1,450,000 p. 63+7.9%
406WAug 15, 2025$2,300,000$2,200,000 p. 63+4.5%
501WAug 15, 2025$3,750,000$3,500,000 p. 64+7.1%
507WAug 15, 2025$2,640,000$2,400,000 p. 64+10%
105WAug 18, 2025$1,195,280$1,125,000 p. 62+6.2%
107WAug 18, 2025$1,150,000$1,100,000 p. 62+4.5%
207WAug 18, 2025$3,109,005$2,900,000 p. 62+7.2%
214EAug 18, 2025$999,999$950,000 p. 62+5.3%
402WAug 18, 2025$1,927,000$1,750,000 p. 63+10.1%
508WAug 18, 2025$1,570,000$1,350,000 p. 64+16.3%
520EAug 18, 2025$1,550,000$1,425,000 p. 64+8.8%
315EAug 19, 2025$1,450,000$1,450,000 p. 630%
401WAug 19, 2025$2,016,161$1,775,000 p. 63+13.6%
404WAug 19, 2025$1,775,000$1,775,000 p. 630%
122EAug 20, 2025$950,000$950,000 p. 620%
215EAug 21, 2025$1,175,000$1,175,000 p. 620%
407WAug 21, 2025$2,500,000$2,350,000 p. 63+6.4%
405WAug 22, 2025$3,610,000$3,350,000 p. 63+7.8%
T104WAug 29, 2025$4,750,000——
204WSep 11, 2025$2,188,728$1,700,000 p. 62+28.7%
P18 SSep 11, 2025$172,380——
P703WSep 15, 2025$5,800,750——
221ENov 17, 2025$1,375,000$1,225,000 p. 63+12.2%
317EJan 6, 2026$3,300,000$3,250,000 p. 63+1.5%
P702WFeb 4, 2026$4,625,000——
220EFeb 12, 2026$1,150,000$1,150,000 p. 630%
219EMar 13, 2026$2,920,000$2,950,000 p. 63−1%
305WMar 17, 2026$3,345,000$3,300,000 p. 63+1.4%
217EApr 2, 2026$750,000$775,000 p. 63−3.2%
T116EApr 2, 2026$2,700,000——
P708EApr 20, 2026$4,900,000——
119EApr 27, 2026$1,125,000$1,100,000 p. 62+2.3%
108WMay 4, 2026$1,125,000$1,100,000 p. 62+2.3%
106WMay 18, 2026$1,260,000$1,125,000 p. 62+12%
P706EJun 17, 2026$4,625,000——
P705EJun 24, 2026$5,500,000——
P608EJul 15, 2026$5,495,000——
P701WAug 24, 2026$5,550,000——
T115EAug 27, 2026$2,902,013——
121ESep 18, 2026$1,125,000$1,100,000 p. 62+2.3%

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

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Budget

What It Costs to Run

The sponsor projects a first-year budget of about $1.7 million (March 2025 to February 2026). Common charges cover almost all of it, with parking and storage license fees adding about $67,000. A few lines stand out:

Budget lineApprox. first-year cost
Staff (through the managing agent)$849,000
Electricity for common areas$191,000
Resident manager's apartment (rent)$140,000
Service contracts$132,000
Water and sewer$127,000
Insurance$71,000
Management fee$66,000

Staff is about half the budget. The insurance broker warned the premium could be four times higher if only a partial temporary certificate of occupancy is in place.

Common charges run roughly $400 a month for the smallest studio to about $3,100 for the largest homes. Estimated property taxes are a bit higher than common charges for every unit. Read more on common charges and estimating condo property taxes.

Good to know: a reserve study called for $130,000 in the first year. The budget funds about $36,000, and buyers' closing payments cover the rest. At closing you pay one month of common charges to the working capital fund, one month to the reserve fund, and the resident manager unit contribution (from about $2,000 for a studio to more than $13,000 for a townhouse unit). See the working capital contribution and condo reserve funds.

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

The Building

Finishes

Kitchens

Most apartments get Thermador appliances: a gas cooktop (30 or 36 inches), wall oven, speed oven, microwave drawer, dishwasher, refrigerator and wine refrigerator. Some layouts get separate Thermador fridge and freezer columns. Hoods are Faber. Studios get Bosch appliances and an LG microwave. Cabinets are white oak with natural stone counters. For context, see kitchen appliance brands in NYC condos and gas vs. induction stoves.

Bathrooms

Fixtures are CAE with Muye toilets. Primary baths get marble walls, vanity tops and shower stalls. Secondary baths use natural stone and ceramic tile with terrazzo tub decks. Powder rooms get marble and wood wall panels.

Floors, Laundry, Heating and Cooling

  • Floors: white oak engineered wood, ¾ inch thick, over a rubber underlayment.
  • Laundry: every home has a washer and dryer, mostly Bosch. There's no shared laundry room.
  • Heating and cooling: Daikin VRF electric heat pumps in each home. Gas is used for cooking and hot water.
  • Electricity: each home is submetered, so you pay for your own power. The engineer estimated about $4.23 per square foot a year.

Compare with heating and cooling systems in NYC condos.

Listings: Bergen, 323 Bergen Street on StreetEasy

Amenities, Staffing & Transportation

Most of the shared space is in the cellar:

  • Cellar: a wellness center with a tearoom, treatment room, meditation and stretching rooms, sauna, spa and steam room. Also a fitness room, boxing, yoga and Pilates studios, a children's playroom, ceramic and art studios, podcast recording rooms, a pet spa, a music room and a media and karaoke room.
  • First floor: a library and a conference room.
  • Third and fourth floors: a drawing room, a game room, and a parlor with a terrace.
  • Rear yard: a landscaped garden with water features, reached from the lobby.

Good to know: some penthouses have private plunge pools on their roof terraces. There's no shared pool. The plan caps occupancy across the shared recreation spaces at 74 people. The budget sets aside about $26,000 for trainers and teachers in the amenity rooms.

Tip: amenities may not all be ready at the first closing. The sponsor commits to finishing them within 24 months, with no credit to buyers in the meantime. See private outdoor space in NYC condos.

Staffing and Services

The plan projects this staff, all supplied through the managing agent's service contract rather than a condo payroll:

  • 4 full-time concierges
  • 4 full-time porters and 1 part-time porter
  • 1 live-in superintendent, who also serves as the garage's parking attendant

The budget also includes a virtual concierge service. See where condo common charges go for context.

Transportation

  • Subway: 4 min walk to Atlantic Av-Barclays Ctr 2 3 4 5 B D N Q R; Bergen St 2 3, 7 min
  • Parking: 57 parking units in the plan

Fine Print

What's Specific to It

  • A former taxi garage. The lot was a garage and service center for a yellow-cab company. Testing found petroleum-related chemicals, so the building sits on a mat foundation with a vapor barrier and an active sub-slab venting system.
  • Owners will buy the manager's apartment. Unit 202W is set to be sold to the condo for $1,675,000 around the end of sponsor control. Until then the condo rents it from the sponsor for about $140,000 a year.
  • An extra closing payment for that unit. Each buyer pays a "resident manager unit contribution" at closing, on top of the usual working capital and reserve payments.
  • Lots of parking for Brooklyn. 57 licensed spaces in the cellar, listed at about $175,000 to $275,000 each in the original plan.
  • Buyers pay the transfer taxes. The purchase agreement shifts the city and state transfer taxes, and the mansion tax where it applies, from the sponsor to you.

Listing photos of Bergen can show you the rooms. The offering plan, the document the developer filed with the New York Attorney General, tells you how the building will be run and what you agree to when you buy. New to these documents? Start with what a condo offering plan is.

Fine Print Worth Knowing

  • Manager's apartment mortgage. The plan expects the board to put down about $687,000 from buyer contributions and borrow about $1.09 million. At an assumed 9% rate that's about $110,000 a year, with a balloon payment of about $900,000 at maturity. If the board doesn't close within 90 days after sponsor control ends, the sponsor can sell or rent the unit to someone else.
  • Environmental limits. The site keeps an E-designation for hazardous materials. Groundwater use, farming and vegetable gardening on the site are banned.
  • Lot line windows. Units 305W, 405W, 505W, PH603W and PH703W have fixed lot line windows protected by sprinklers. The plan gives no promise they'll stay open to light and air.
  • Parking open to outsiders. Spaces go to owners first, but extra spaces can be offered to the public.
  • Short defect windows. You must report patent defects in writing within six months of closing and latent defects within 12 months.
  • Contract terms. You waive a jury trial, your purchase isn't contingent on financing, and you can't list your home for sale or rent until the sponsor sells its last unit or a year passes after closing, whichever comes first.

The building is not a landmark or in a historic district. For more on warranties, see new construction warranties and punch lists.

Team

  • Sponsor: Bergen Owner LLC. Its principals are Shlomo Avdoo and Yosi Cohen. Engineering letters in the plan are addressed to Avdoo & Partners Development LLC at the sponsor's office.
  • Architect: GF55 Architects LLP
  • Managing agent: Monarch Realty Group, on a one-year agreement at $66,000 a year
  • Selling agent: none. The sponsor uses an in-house marketing team.
  • Sponsor's counsel: Marans Newman Tsolis & Nazinitsky LLC
  • Construction lender: Bank Leumi USA

The plan doesn't name an interior designer. See other NYC condo developers.

Nearby

FAQ

Does Bergen at 323 Bergen Street have parking?

Yes. There are 57 licensed spaces in the cellar, priced at about $175,000 to $275,000 in the original plan, with a monthly license fee of $75. A license isn't a deeded unit. See deeded vs. licensed parking.

How much are common charges at Bergen?

Under the sponsor's first-year projection, roughly $400 to $3,100 a month depending on the unit, with estimated property taxes a little higher on top.

Who is the developer of 323 Bergen Street?

The sponsor is Bergen Owner LLC, led by Shlomo Avdoo and Yosi Cohen. Avdoo & Partners Development is the development company named in the plan's engineering letters.

Where this comes from: the building's offering plan (CD230157), filed with the New York Attorney General, including its Schedule A price list and Schedule B first-year budget. Prices are the sponsor's offering prices, not sales. Updated October 2026.