THE CONDO BOOK PROJECT

353 6th Avenue Condominium

353 6th Avenue, Brooklyn, NY 11215

Overview

Units
4 residential
Subway
7 min walk to 7 Av F G4 Av-9 St F G R, 10 min
Developer
Old Stone House LLC
Principals
Alex Maroni, Bren Salamon
Average $/sf
$2,100Homes in Schedule A, as first offered
Common charges
$631–$942 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
Offering price
$8.85 million total

The sponsor of record is 353 6th LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 358 pages. The sponsor has filed 2 amendments, the latest in July 2024. The nearest other condo plan on file is 347 6th Avenue Condominium, next door.

Plan CD230325 · Rehab · accepted Mar 19, 2024 · AG record ↗

Compare

FigureThis building1853 Carroll25 units · 0.5 miaccepted 202475 Eighth35 units · 0.5 miaccepted 2024
Common ChargesPer Square Foot / Month$0.72Above peers$0.67$0.52
Average Offering PricePer Apartment$2.21MIn line$1.86M$2.43M
Average PricePer Square Foot$2,100In line$2,057$2,299
Property TaxesPer Square Foot / Month$0.62Lowest$0.93$0.99
Average Unit SizeSquare Feet1,054 SFIn line902 SF1,057 SF

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Unit mix, closings, budgets, finishes and the team, against 853 Carroll and 75 Eighth, 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 A4 of 4
Closing prices vs. Schedule A4 homes: $8,580,588 at closing against $8,850,000 in Schedule A (p. 34)−3%
Average closing price4 homes, on their Schedule A square feet$2,036 / SF
Closingsfirst and latest recordedJan 27, 2025 – Feb 18, 2025

Sales recorded with the Department of Finance (ACRIS) through Mar 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 4 closings
HomeRecordedClosing priceSchedule ADifference
4Jan 27, 2025$1,985,588$2,050,000 p. 34−3.1%
3Jan 31, 2025$1,925,000$2,050,000 p. 34−6.1%
1Feb 7, 2025$2,795,000$2,800,000 p. 34−0.2%
2Feb 18, 2025$1,875,000$1,950,000 p. 34−3.8%

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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
353 6th LLC
Developer
Old Stone House LLC
Principals
Alex Maroni, Bren Salamon
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
First Republic Bank$2.19 million recorded

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

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