THE CONDO BOOK PROJECT

358 Tompkins Avenue Condominium

358 Tompkins Avenue, Brooklyn, NY 11216

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Overview

Units
4 residential
Subway
10 min walk to Kingston-Throop Avs CNostrand Av A C, 12 min
Principals
Bijan Thornycroft
Average $/sf
$1,314Homes in Schedule A, as first offered
Common charges
$417–$635 a monthSponsor's first-year estimate in Schedule A, For the first year of operation April 1, 2024 through March 31, 2025
Offering price
$4.7 million total $4.59 million when first offered

The sponsor of record is 358 Tompkins Ave, LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 411 pages. The sponsor has filed 5 amendments, the latest in October 2025. The nearest other condo plan on file is 360 Tompkins Avenue Condominium, next door.

Plan CD230179 · New · accepted Dec 15, 2023 · AG record ↗

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FigureThis building1984 Bergen24 units · 0.8 miaccepted 2023118 Madison34 units · 0.5 miaccepted 2024
Common ChargesPer Square Foot / Month$0.57In line$0.35$0.57
Average Offering PricePer Apartment$1.15MLowest$1.78M$1.77M
Average PricePer Square Foot$1,314Below peers$1,389$1,407
Property TaxesPer Square Foot / Month$0.41Highest$0.32$0.28
Average Unit SizeSquare Feet874 SFSmallest1,282 SF1,261 SF

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Unit mix, closings, budgets, finishes and the team, against 984 Bergen and 118 Madison, 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: $4,102,626 at closing against $4,595,000 in Schedule A (p. 46)−10.7%
Average closing price4 homes, on their Schedule A square feet$1,174 / SF
Closingsfirst and latest recordedJul 21, 2025 – Dec 4, 2025

Sales recorded with the Department of Finance (ACRIS) through Dec 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
4Jul 21, 2025$1,322,707$1,300,000 p. 46+1.7%
2Jul 28, 2025$864,494$1,050,000 p. 46−17.7%
3Jul 28, 2025$916,425$995,000 p. 46−7.9%
1Dec 4, 2025$999,000$1,250,000 p. 46−20.1%

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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
358 Tompkins Ave, LLC
Principals
Bijan Thornycroft
Tax estimate
SJP Tax Consultants Inc.Prepared the first-year real estate tax projection

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

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