THE CONDO BOOK PROJECT

325 Henry Street Condominium

325 Henry Street, Brooklyn, NY 11201

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Overview

Units
8 residential · 1 commercial
Subway
8 min walk to Borough Hall/Court St 2 3 4 5 RBergen St F G, 10 min
Principals
Angelo Cosentini, John Carson, Avishy Fisher, Brian Ezra
Offering price
$42.2 million total $41 million when first offered

The sponsor of record is Henry Atlantic Partners LLC, represented by Lester Bleckner & Shaw LLP. The offering plan runs 407 pages. The sponsor has filed 8 amendments, the latest in August 2022. The nearest other condo plan on file is 2 River Park Condominium, next door.

Plan CD150402 · New · accepted Jun 14, 2016 · AG record ↗

Compare

FigureThis building1Tracy Mansion27 units · 1.7 miaccepted 2016210 Pacific38 units · 0.2 miaccepted 2014
Average Offering PricePer Apartment$5.12MHighest$3.29M$3.1M

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Unit mix, closings, budgets, finishes and the team, against Tracy Mansion and 210 Pacific, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.

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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.

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Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedApr 10, 2018 – Jan 17, 2019

Sales recorded with the Department of Finance (ACRIS) through Dec 31, 2025: 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 9 closings
HomeRecordedClosing priceSchedule ADifference
2AApr 10, 2018$1,993,353——
3CApr 10, 2018$3,450,000——
PHBApr 11, 2018$5,297,906——
2CApr 12, 2018$3,451,208——
PHAApr 13, 2018$5,450,000——
3AApr 18, 2018$2,031,409——
2BMay 2, 2018$3,950,725——
3BOct 1, 2018$3,200,000——
C1Jan 17, 2019$4,044,230——

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

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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
Henry Atlantic Partners LLC
Principals
Angelo Cosentini, John Carson, Avishy Fisher, Brian Ezra
Tax estimate
The Mazursky Group, Inc.Prepared the first-year real estate tax projection

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

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