THE CONDO BOOK PROJECT

Josephine Condominium

343 Menahan Street, Brooklyn, NY 11237

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Overview

Units
10 residential
Subway
4 min walk to Myrtle-Wyckoff Avs L MDeKalb Av L, 5 min
Principals
Tal Bloch, Aaron Yassin
Average $/sf
$1,088Homes in Schedule A, as first offered
Common charges
$339–$763 a monthSponsor's first-year estimate in Schedule A, July 1, 2025-June 30, 2026
Offering price
$10.1 million total $9.76 million when first offered

The sponsor of record is 343 Menahan Property LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 376 pages. The sponsor has filed 2 amendments, the latest in May 2025. The nearest other condo plan on file is 330 Bleecker Street Condominium, next door.

Plan CD240188 · New · accepted Dec 2, 2024 · AG record ↗

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FigureThis building1Role Bk210 units · 1 miaccepted 20241048 Flushing38 units · 0.8 miaccepted 2024
Common ChargesPer Square Foot / Month$0.57Highest$0.34$0.43
Average Offering PricePer Apartment$970,500Above peers$725,230$948,750
Average PricePer Square Foot$1,088Below peers$1,111$1,104
Property TaxesPer Square Foot / Month$0.69Below peers$1.17$0.78
Average Unit SizeSquare Feet892 SFLarger653 SF859 SF

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Unit mix, closings, budgets, finishes and the team, against Role Bk and 1048 Flushing, 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 closed100% of the homes in Schedule A10 of 10
Closing prices vs. Schedule A10 homes: $10,001,998 at closing against $9,705,000 in Schedule A (p. 36)+3.1%
Average closing price10 homes, on their Schedule A square feet$1,121 / SF
Closingsfirst and latest recordedAug 18, 2025 – Dec 11, 2025

Sales recorded with the Department of Finance (ACRIS) through Jan 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 10 closings
HomeRecordedClosing priceSchedule ADifference
2CAug 18, 2025$675,000$650,000 p. 36+3.8%
1ASep 4, 2025$985,000$1,100,000 p. 36−10.5%
3ASep 4, 2025$849,000$890,000 p. 36−4.6%
4ASep 10, 2025$1,405,185$1,250,000 p. 36+12.4%
3BSep 15, 2025$915,000$915,000 p. 360%
3CSep 15, 2025$695,000$675,000 p. 36+3%
4BSep 18, 2025$1,350,000$1,200,000 p. 36+12.5%
1BSep 25, 2025$1,272,813$1,250,000 p. 36+1.8%
2ASep 26, 2025$860,000$850,000 p. 36+1.2%
2BDec 11, 2025$995,000$925,000 p. 36+7.6%

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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

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
343 Menahan Property LLC
Principals
Tal Bloch, Aaron Yassin
Tax estimate
Berish LichtmanPrepared the first-year real estate tax projection
Construction lender
S3 Capital$4.6 million recorded

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

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