THE CONDO BOOK PROJECT

371 Hawthorne Street Condominium

371 Hawthorne Street, Brooklyn, NY 11225

Overview

Units
8 residential
Subway
4 min walk to Winthrop St 2 5Sterling St 2 5, 10 min
Principals
David Shilian, Elchonon Shilian
Average $/sf
$978Homes in Schedule A, as first offered
Common charges
$258–$689 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 - June 30, 2027
Offering price
$6.04 million total

The sponsor of record is Hsk 371 Hawthorne LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 316 pages. The sponsor has filed 1 amendment, the latest in May 2026. The nearest other condo plan on file is 412 Fenimore Street Condominium, next door.

Plan CD250327 · Rehab · accepted Mar 17, 2026 · AG record ↗

Compare

FigureThis building1131 Madison28 units · 1.8 miaccepted 2025460 Halsey38 units · 1.8 miaccepted 2026
Common ChargesPer Square Foot / Month$0.49Below peers$0.69$0.51
Average Offering PricePer Apartment$722,500In line$676,000$1.03M
Average PricePer Square Foot$978Below peers$1,097$1,180
Property TaxesPer Square Foot / Month$0.58Highest$0.32$0.32
Average Unit SizeSquare Feet739 SFIn line616 SF871 SF

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Unit mix, closings, budgets, finishes and the team, against 131 Madison and 460 Halsey, 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
Hsk 371 Hawthorne LLC
Principals
David Shilian, Elchonon Shilian
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
RWA Credit SPV II$1.35 million recorded

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

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