THE CONDO BOOK PROJECT

376 Vernon Avenue Condominium

376 Vernon Avenue, Brooklyn, NY 11206

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Overview

Units
13 residential
Subway
3 min walk to Myrtle Av J M ZFlushing Av J M, 9 min
Principals
Yitzchak Schwartz
Average $/sf
$1,285Homes in Schedule A, as first offered
Common charges
$507–$850 a monthSponsor's first-year estimate in Schedule A, July 1, 2026 – June 30, 2027
Offering price
$22.1 million total

The sponsor of record is Vernon Plaza Ii LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 373 pages. The sponsor has filed 1 amendment, the latest in April 2026. The nearest other condo plan on file is 819 Willoughby Avenue Condominium, next door.

Plan CD250095 · New · accepted Sep 19, 2025 · AG record ↗

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FigureThis building11152 Lafayette210 units · 0.6 miaccepted 2025221 Middleton310 units · 0.9 miaccepted 2025
Common ChargesPer Square Foot / Month$0.47Below peers$0.51$0.60
Average Offering PricePer Apartment$1.67MIn line$1.07M$2.26M
Average PricePer Square Foot$1,285In line$1,271$1,621
Property TaxesPer Square Foot / Month$1.37In line$1.37$1.54
Average Unit SizeSquare Feet1,300 SFIn line843 SF1,396 SF

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Unit mix, closings, budgets, finishes and the team, against 1152 Lafayette and 221 Middleton, 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 closed0% of the homes in Schedule A0 of 13

Sales recorded with the Department of Finance (ACRIS) through Jun 30, 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.

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Closings are for subscribers

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
Vernon Plaza Ii LLC
Principals
Yitzchak Schwartz
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Bank of HopeLender on the mortgage and building loan agreement recorded May 2025 in ACRIS; $17.5 million recorded

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

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