389 Bergen Condominium

389 Bergen Street, Brooklyn, NY 11217

Overview

Units: 2 residential
Subway: 3 min walk to Bergen St 2 3Atlantic Av-Barclays Ctr 2 3 4 5 B D N Q R, 4 min
Principals: Aran Scott
Average $/sf: $1,589Homes in Schedule A, as first offered
Common charges: $566–$781 a monthSponsor's first-year estimate in Schedule A, September 1, 2020 -August 31, 2021
Offering price: $6.34 million total $6.29 million when first offered
Floor plans: Pages 247–248 of the plan

The sponsor of record is 389 Bergen LLC, represented by Certilman Balin Adler & Hyman, LLP. The offering plan runs 368 pages. The sponsor has filed 2 amendments, the latest in November 2020. The nearest other condo plan on file is 381 Bergen Street Condominium, next door.

Plan CD200011 · New · accepted Jul 17, 2020 · AG record ↗

Compare

Figure	This building¹	99 Douglass²3 units · 0.7 miaccepted 2020	85 3rd³3 units · 0.8 miaccepted 2020
Common ChargesPer Square Foot / Month	$0.34In line	$0.24	$0.63
Average Offering PricePer Apartment	$3.17MHighest	$2.4M	$2.11M
Average PricePer Square Foot	$1,589Above peers	$1,579	$1,486
Property TaxesPer Square Foot / Month	$0.13Lowest	$0.31	$1.00
Average Unit SizeSquare Feet	1,997 SFLargest	1,520 SF	1,419 SF

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Unit mix, closings, budgets, finishes and the team, against 99 Douglass and 85 3rd, 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 A	2 of 2
Closing prices vs. Schedule A2 homes: $6,151,750 at closing against $6,345,000 in Schedule A (p. 39)	−3%
Average closing price2 homes, on their Schedule A square feet	$1,540 / SF
Closingsfirst and latest recorded	Mar 1, 2021 – Mar 3, 2021

Sales recorded with the Department of Finance (ACRIS) through Apr 30, 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 2 closings