394 Harman Street Condominium
394 Harman Street, Brooklyn, NY 11237
Overview
- Units
- 7 residential
- Subway
- 3 min walk to DeKalb Av LKnickerbocker Av M, 5 min
- Principals
- Steven Goldschmied
- Common charges
- $288–$569 a monthSponsor's first-year estimate in Schedule A, January 1, 2021 - December 31, 2021
- Offering price
- $4.84 million total $4.69 million when first offered
- Floor plans
- Pages 150–153 of the plan
The sponsor of record is 394 Harman LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 319 pages. The sponsor has filed 2 amendments, the latest in July 2021. The nearest other condo plan on file is Harman Plaza Condominium, next door.
Plan CD190408 · New · accepted Nov 3, 2020 · AG record ↗
Compare
| Figure | This building1 | 400 Linden26 units · 0.3 miaccepted 2021 | 900 Willoughby37 units · 0.9 miaccepted 2020 |
|---|---|---|---|
| Average Offering PricePer Apartment | $669,729In line | $678,833 | $652,200 |
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Unit mix, closings, budgets, finishes and the team, against 400 Linden and 900 Willoughby, cited to the offering plans. No credit card required.
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- 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
Closings Pro
| Homes closed100% of the homes in Schedule A | 7 of 7 |
| Closing prices vs. Schedule A7 homes: $4,828,541 at closing against $4,688,100 in Schedule A (p. 33) | +3% |
| Closingsfirst and latest recorded | May 26, 2021 – Sep 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 7 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3B | May 26, 2021 | $947,500 | $989,100 p. 33 | −4.2% |
| 4F | May 28, 2021 | $845,000 | $765,900 p. 33 | +10.3% |
| 2B | Jun 2, 2021 | $545,000 | $517,500 p. 33 | +5.3% |
| 1B | Jul 9, 2021 | $725,000 | $711,900 p. 33 | +1.8% |
| 1F | Jul 22, 2021 | $515,000 | $503,100 p. 33 | +2.4% |
| 3F | Jul 22, 2021 | $635,000 | $600,300 p. 33 | +5.8% |
| 2F | Sep 3, 2021 | $616,041 | $600,300 p. 33 | +2.6% |
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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.
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
- 394 Harman LLC
- Principals
- Steven Goldschmied
- Tax estimate
- Metropolitan Realty, IncPrepared the first-year real estate tax projection
- Construction lender
- Victory State Bank$2 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Harman Plaza Condominiumnext door · 16 units · 2007
- 366 Harman Condominiumnext door · 8 units · 2025
- 369 Harman Street Condominiumnext door · 18 units · 9 parking · 2009
- 364 Harman Street Luxury Condominiumnext door · 16 units · 8 parking · 2019
- 330 Bleecker Street Condominiumnext door · 8 units · 5 parking · 2014
- Josephine Condominium0.1 mi · 10 units · 2024