THE CONDO BOOK PROJECT

358 Grove Street Condominium

358 Grove Street, Brooklyn, NY 11237

Overview

Units
59 residential · 50 parking · 59 storage · 2 commercial
Subway
4 min walk to Myrtle-Wyckoff Avs L MKnickerbocker Av M, 6 min
Developer
Motovich Associates LLC
Principals
Alexander Tukmanian, Boris Motovich
Offering price
$26 million total

The sponsor of record is 350 Grove Street LLC, represented by Robert C. Dubno, Esq.. The offering plan runs 285 pages. The sponsor has filed 7 amendments, the latest in February 2026. The nearest other condo plan on file is Josephine Condominium, next door.

Plan CD060308 · New · accepted Jan 24, 2007 · AG record ↗

Compare

FigureThis building1900 Lenox Garden231 units · 3.1 miaccepted 2007The Absolute335 units · 2.6 miaccepted 2007
Average Offering PricePer Apartment$440,890In line$411,802$556,514

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Unit mix, closings, budgets, finishes and the team, against 900 Lenox Garden and The Absolute, 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
350 Grove Street LLC
Developer
Motovich Associates LLC
Principals
Alexander Tukmanian, Boris Motovich
Tax estimate
Moseson & AssociatePrepared the first-year real estate tax projection

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

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