5 River Park Condominium
347 Henry Street, Brooklyn, NY 11201
Overview
- Units
- 25 residential · 18 parking · 28 storage
- Subway
- 9 min walk to Bergen St F GBorough Hall/Court St 2 3 4 5 R, 9 min
- Developer
- Fortis Property Group, LLC
- Principals
- Jonathan Landau
- Average $/sf
- $1,934Homes in Schedule A, as first offered
- Common charges
- $820–$3,995 a monthSponsor's first-year estimate in Schedule A, January 1, 2020- December 31 2020
- Offering price
- $82.9 million total $78.9 million when first offered
- Floor plans
- Pages 242–245 of the plan
The sponsor of record is Fpg Ch 349 Henry, LLC, represented by Abrams Fensterman, Fensterman, Et Al, LLP. The offering plan runs 382 pages. The sponsor has filed 9 amendments, the latest in August 2025. The nearest other condo plan on file is 122 Amity Street Condominium, next door.
Plan CD180012 · New · accepted Oct 16, 2018 · AG record ↗
Compare
| Figure | This building1 | Cobble Hill House F/K/A 78 Amity Street227 units · 0.1 miaccepted 2018 | 211 Schermerhorn348 units · 0.6 miaccepted 2017 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.18In line | $0.41 | $1.22 |
| Average Offering PricePer Apartment | $3.18MHighest | $2.36M | $1.71M |
| Average PricePer Square Foot | $1,934Above peers | $1,762 | $1,360 |
| Property TaxesPer Square Foot / Month | $1.00Highest | $0.60 | $0.71 |
| Average Unit SizeSquare Feet | 1,644 SFLargest | 1,340 SF | 1,258 SF |
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Unit mix, closings, budgets, finishes and the team, against Cobble Hill House F/K/A 78 Amity Street and 211 Schermerhorn, 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 closed96% of the homes in Schedule A | 24 of 25 |
| Closing prices vs. Schedule A24 homes: $83,179,963 at closing against $77,040,000 in Schedule A (p. 44) | +8% |
| Average closing price24 homes, on their Schedule A square feet | $2,090 / SF |
| Closingsfirst and latest recorded | Mar 25, 2021 – Mar 10, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Mar 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 24 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 7B | Mar 25, 2021 | $2,708,545 | $2,475,000 p. 44 | +9.4% |
| 5C | Apr 28, 2021 | $1,333,908 | $1,295,000 p. 44 | +3% |
| 8A | Apr 28, 2021 | $3,945,199 | $3,700,000 p. 44 | +6.6% |
| 6C | May 5, 2021 | $1,563,014 | $1,350,000 p. 44 | +15.8% |
| 3C | May 24, 2021 | $1,178,624 | $1,150,000 p. 44 | +2.5% |
| 9B | Jun 4, 2021 | $4,159,556 | $4,075,000 p. 44 | +2.1% |
| 10A | Jul 28, 2021 | $3,955,406 | $3,750,000 p. 44 | +5.5% |
| 14A | Jul 30, 2021 | $4,751,761 | $4,200,000 p. 44 | +13.1% |
| PH | Oct 19, 2021 | $7,890,398 | $7,000,000 p. 44 | +12.7% |
| 4A | Oct 25, 2021 | $3,785,000 | $3,550,000 p. 44 | +6.6% |
| 10B | Nov 12, 2021 | $4,603,583 | $4,100,000 p. 44 | +12.3% |
| 6B | Dec 2, 2021 | $2,647,450 | $2,450,000 p. 44 | +8.1% |
| 4B | Dec 10, 2021 | $2,545,625 | $2,400,000 p. 44 | +6.1% |
| 9A | Jan 5, 2022 | $3,802,294 | $3,725,000 p. 44 | +2.1% |
| 7A | Jan 31, 2022 | $3,991,133 | $3,625,000 p. 44 | +10.1% |
| 11A | Feb 16, 2022 | $4,940,430 | $4,300,000 p. 44 | +14.9% |
| 8B | Mar 24, 2022 | $4,373,914 | $4,050,000 p. 44 | +8% |
| 4C | May 4, 2022 | $1,306,817 | $1,250,000 p. 44 | +4.5% |
| 12A | May 26, 2022 | $4,603,583 | $4,125,000 p. 44 | +11.6% |
| 5A | Jun 2, 2022 | $3,802,294 | $3,575,000 p. 44 | +6.4% |
| 3B | Jun 24, 2022 | $2,510,269 | $2,375,000 p. 44 | +5.7% |
| 6A | Jul 27, 2022 | $3,768,553 | $3,600,000 p. 44 | +4.7% |
| 3A | Dec 29, 2022 | $3,662,609 | $3,525,000 p. 44 | +3.9% |
| 7C | Mar 10, 2023 | $1,350,000 | $1,395,000 p. 44 | −3.2% |
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
- Fpg Ch 349 Henry, LLC
- Developer
- Fortis Property Group, LLC
- Principals
- Jonathan Landau
- Tax estimate
- Goldberg Weprin Finkel Goldstein LLPPrepared the first-year real estate tax projection
- Construction lender
- Pacific Hicks 1
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 122 Amity Street Condominiumnext door · 4 units · 2002
- Polhemus Residences Condominiumnext door · 17 units · 2016
- 2 River Park Condominiumnext door · 102 units · 2019
- 325 Henry Street Condominiumnext door · 8 units · 2016
- 119 Congress Street Condominiumnext door · 3 units · 2020
- 149 Atlantic Avenue Condominiumnext door · 3 units · 2010