THE CONDO BOOK PROJECT

Esquire Building Condominium

330 Wythe Avenue, Brooklyn, NY 11211

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Overview

Units
73 residential
Subway
11 min walk to Bedford Av LMarcy Av J M Z, 14 min
Principals
Paul Eisenberg, Stephanie Eisenberg
Average $/sf
$207Homes in Schedule A, as first offered
Offering price
$19.7 million total

The sponsor of record is 330 Wythe Associates LLC, represented by Marcia E. Fokas, Esq.. The offering plan runs 299 pages. The sponsor has filed 9 amendments, the latest in July 2024. The nearest other condo plan on file is 51 South 1st Street Condominium, next door.

Plan CD010015 · New · accepted Jul 30, 2001 · AG record ↗

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FigureThis building1564-580 Park Plaza268 units · 0.6 miaccepted 2001138 Broadway340 units · 0.4 miaccepted 2001
Average Offering PricePer Apartment$269,893Below peers$314,853$553,050

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Unit mix, closings, budgets, finishes and the team, against 564-580 Park Plaza and 138 Broadway, 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
330 Wythe Associates LLC
Principals
Paul Eisenberg, Stephanie Eisenberg
Tax estimate
Ben Rottenstein Associates, LLCPrepared the first-year real estate tax projection

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

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