THE CONDO BOOK PROJECT

382 7th Street Condominium

382 7th Street, Brooklyn, NY 11215

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Overview

Units
4 residential
Subway
5 min walk to 7 Av F G4 Av-9 St F G R, 7 min
Principals
Aran Scott
Average $/sf
$1,720Homes in Schedule A, as first offered
Common charges
$468–$631 a monthSponsor's first-year estimate in Schedule A, September 1, 2025 through August 31, 2026
Offering price
$9.99 million total $9.93 million when first offered

The sponsor of record is 382 7th LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 452 pages. The sponsor has filed 3 amendments, the latest in September 2026. The nearest other condo plan on file is 378 6th Avenue Condominiium, next door.

Plan CD240206 · Rehab · accepted May 12, 2025 · AG record ↗

Compare

FigureThis building1506 Henry24 units · 1.3 miaccepted 2025110 Luquer33 units · 1.1 miaccepted 2025
Common ChargesPer Square Foot / Month$0.35In line$0.56$0.31
Average Offering PricePer Apartment$2.48MIn line$2.88M$2M
Average PricePer Square Foot$1,720In line$1,896$1,611
Property TaxesPer Square Foot / Month$0.30In line$0.41$0.24
Average Unit SizeSquare Feet1,443 SFIn line1,516 SF1,138 SF

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Unit mix, closings, budgets, finishes and the team, against 506 Henry and 110 Luquer, 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 closed75% of the homes in Schedule A3 of 4
Closing prices vs. Schedule A3 homes: $7,525,000 at closing against $7,575,000 in Schedule A (p. 58)−0.7%
Average closing price3 homes, on their Schedule A square feet$1,643 / SF
Closingsfirst and latest recordedSep 30, 2025 – Nov 18, 2025

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.

All 3 closings
HomeRecordedClosing priceSchedule ADifference
2Sep 30, 2025$2,250,000$2,250,000 p. 580%
1Oct 1, 2025$2,975,000$2,975,000 p. 580%
3Nov 18, 2025$2,300,000$2,350,000 p. 58−2.1%

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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
382 7th LLC
Principals
Aran Scott
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection

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

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