THE CONDO BOOK PROJECT

44 Garfield Place Condominium

44 Garfield Place, Brooklyn, NY 11215

Overview

Units
4 residential
Subway
4 min walk to Union St R4 Av-9 St F G R, 11 min
Principals
Eli Scharf
Average $/sf
$1,927Homes in Schedule A, as first offered
Offering price
$9.65 million total

The sponsor of record is Habitat On Garfield 2 LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 305 pages. The sponsor has filed 1 amendment, the latest in January 2025. The nearest other condo plan on file is 42 Garfield Place Condominium, next door.

Plan CD230202 · New · accepted Apr 9, 2024 · AG record ↗

Compare

FigureThis building1522 State24 units · 0.8 miaccepted 2024747 Dean34 units · 1 miaccepted 2024
Common ChargesPer Square Foot / Month$0.30Lowest$0.81$0.40
Average Offering PricePer Apartment$2.41MAbove peers$2.4M$2.02M
Average PricePer Square Foot$1,927In line$2,087$1,756
Average Unit SizeSquare Feet1,252 SFLarger1,150 SF1,153 SF

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Unit mix, closings, budgets, finishes and the team, against 522 State and 747 Dean, 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 A4 of 4
Closing prices vs. Schedule A4 homes: $9,841,009 at closing against $9,650,000 in Schedule A (p. 31)+2%
Average closing price4 homes, on their Schedule A square feet$1,965 / SF
Closingsfirst and latest recordedApr 9, 2025 – May 13, 2025

Sales recorded with the Department of Finance (ACRIS) through Oct 31, 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 4 closings
HomeRecordedClosing priceSchedule ADifference
1Apr 9, 2025$2,850,000$2,750,000 p. 31+3.6%
3May 9, 2025$1,995,000$2,050,000 p. 31−2.7%
2May 13, 2025$2,150,000$2,100,000 p. 31+2.4%
4May 13, 2025$2,846,009$2,750,000 p. 31+3.5%

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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
Habitat On Garfield 2 LLC
Principals
Eli Scharf
Tax estimate
Empire Consulting Services, Inc.Prepared the first-year real estate tax projection

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

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