39 South Portland Avenue Condominium
39 South Portland Avenue, Brooklyn, NY 11217
Overview
- Units
- 4 residential
- Subway
- 2 min walk to Fulton St GLafayette Av C, 3 min
- Principals
- Vadem Brodsky
- Average $/sf
- $2,186Homes in Schedule A, as first offered
- Common charges
- $376–$966 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 - June 30, 2026
- Offering price
- $10.6 million total
- Floor plans
- Pages 231–235 of the plan
The sponsor of record is 39 Ventures LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 306 pages. The nearest other condo plan on file is Greens Condominium, next door.
Plan CD240239 · Rehab · accepted Mar 11, 2025 · AG record ↗
Compare
| Figure | This building1 | 350 6th24 units · 1.3 miaccepted 2025 | 300 5th34 units · 1.3 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.44Below peers | $0.51 | $0.54 |
| Average Offering PricePer Apartment | $2.65MAbove peers | $2.39M | $1.99M |
| Average PricePer Square Foot | $2,186In line | $2,348 | $2,118 |
| Property TaxesPer Square Foot / Month | $0.51In line | $0.60 | $0.46 |
| Average Unit SizeSquare Feet | 1,211 SFLargest | 1,017 SF | 938 SF |
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Unit mix, closings, budgets, finishes and the team, against 350 6th and 300 5th, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
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
- 39 Ventures LLC
- Principals
- Vadem Brodsky
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- S3 Capital$6 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Greens Condominiumnext door · 5 units · 2004
- 10 South Oxford Street Condominiumnext door · 4 units · 2008
- 87 Lafayette Condominiumnext door · 3 units · 2003
- 4 South Portland Avenue Condominiumnext door · 5 units · 2006
- 256 Cumberland Condominiumsnext door · 4 units · 2014
- Sanctuary Condominiumnext door · 13 units · 2008