THE CONDO BOOK PROJECT

390 Manhattan Avenue Condominium

390 Manhattan Avenue, Brooklyn, NY 11211

Overview

Units
5 residential
Subway
6 min walk to Graham Av LMetropolitan Av/Lorimer St G L, 7 min
Average $/sf
$1,709Homes in Schedule A, as first offered
Common charges
$444–$676 a monthSponsor's first-year estimate in Schedule A, Year Projected to Begin: January 1, 2025- December 31, 2025
Offering price
$11.6 million total $11.6 million when first offered

The sponsor of record is 390 Manhattan Ave LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 375 pages. The sponsor has filed 2 amendments, the latest in August 2026. The nearest other condo plan on file is 383 Manhattan Avenue Condominium, next door.

Plan CD240061 · New · accepted Oct 1, 2024 · AG record ↗

Compare

FigureThis building1The Park House25 units · 0.4 miaccepted 2024419 Manhattan35 units · 0.1 miaccepted 2024
Common ChargesPer Square Foot / Month$0.40Below peers$0.45$0.74
Average Offering PricePer Apartment$2.31MAbove peers$2.05M$2M
Average PricePer Square Foot$1,709Below peers$1,714$1,745
Property TaxesPer Square Foot / Month$0.56In line$0.53$0.72
Average Unit SizeSquare Feet1,352 SFLarger1,194 SF1,146 SF

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Unit mix, closings, budgets, finishes and the team, against The Park House and 419 Manhattan, 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 closed80% of the homes in Schedule A4 of 5
Closing prices vs. Schedule A4 homes: $8,997,813 at closing against $9,050,000 in Schedule A (p. 34)−0.6%
Average closing price4 homes, on their Schedule A square feet$1,777 / SF
Closingsfirst and latest recordedOct 29, 2025 – Aug 27, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 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 4 closings
HomeRecordedClosing priceSchedule ADifference
1Oct 29, 2025$2,522,813$2,500,000 p. 34+0.9%
2Nov 3, 2025$2,250,000$2,250,000 p. 340%
5Nov 20, 2025$1,985,000$2,150,000 p. 34−7.7%
3Aug 27, 2026$2,240,000$2,150,000 p. 34+4.2%

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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
390 Manhattan Ave LLC
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Quanta Finance$5.45 million recorded

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

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