450 Warren Condominium
450 Warren Street, Brooklyn, NY 11217
Overview
- Units
- 18 residential · 9 parking · 3 commercial
- Subway
- 6 min walk to Bergen St F GHoyt-Schermerhorn Sts A C G, 8 min
- Developers
- Tankhouse LLC, Funbold S.A., Future NY LLC
- Principals
- Sam Alison-Mayne, Sebastian Mendez, Dr. Hugo O. B. Grassi
- Average $/sf
- $1,453Homes in Schedule A, as first offered
- Common charges
- $537–$1,013 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 - December 31, 2022
- Offering price
- $41.8 million total $19 million when first offered
- Floor plans
- Page 217 of the plan
The sponsor of record is 450wsp LLC, represented by The Law Office Of Claudia V. Murdoch, P.C.. The offering plan runs 263 pages. The sponsor has filed 4 amendments, the latest in February 2024. The nearest other condo plan on file is 433 Warren Street Condominium, next door.
Plan CD200254 · New · accepted Jun 24, 2021 · AG record ↗
Compare
| Figure | This building1 | 670 Union214 units · 0.6 miaccepted 2022 | 179 4th316 units · 0.4 miaccepted 2021 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.44In line | $0.39 | $0.63 |
| Average Offering PricePer Apartment | $2.19MAbove peers | $2.05M | $1.18M |
| Average PricePer Square Foot | $1,453In line | $1,391 | $1,603 |
| Property TaxesPer Square Foot / Month | $0.99Highest | $0.84 | $0.52 |
| Average Unit SizeSquare Feet | 1,505 SFLarger | 1,472 SF | 737 SF |
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Unit mix, closings, budgets, finishes and the team, against 670 Union and 179 4th, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.
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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.
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Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 18 of 18 |
| Closing prices vs. Schedule A18 homes: $40,401,795 at closing against $39,365,000 in Schedule A (p. 37) | +2.6% |
| Average closing price18 homes, on their Schedule A square feet | $1,492 / SF |
| Closingsfirst and latest recorded | May 31, 2022 – Dec 29, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Mar 31, 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 21 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4C | May 31, 2022 | $1,775,000 | $1,725,000 p. 37 | +2.9% |
| 3B | Jun 2, 2022 | $1,847,539 | $1,690,000 p. 37 | +9.3% |
| 3A | Jun 9, 2022 | $2,532,919 | $2,320,000 p. 37 | +9.2% |
| 4E | Jun 10, 2022 | $2,450,000 | $2,300,000 p. 37 | +6.5% |
| 4D | Jun 14, 2022 | $1,766,219 | $1,745,000 p. 37 | +1.2% |
| 3E | Jun 21, 2022 | $2,386,581 | $2,250,000 p. 37 | +6.1% |
| 3C | Jun 24, 2022 | $1,745,000 | $1,700,000 p. 37 | +2.6% |
| 3D | Jun 30, 2022 | $1,756,481 | $1,720,000 p. 37 | +2.1% |
| 4A | Jun 30, 2022 | $2,527,313 | $2,370,000 p. 37 | +6.6% |
| 2E | Jul 5, 2022 | $2,615,000 | $2,325,000 p. 37 | +12.5% |
| 4B | Jul 8, 2022 | $1,791,197 | $1,715,000 p. 37 | +4.4% |
| 2D | Jul 11, 2022 | $1,781,938 | $1,695,000 p. 37 | +5.1% |
| C1 | Jul 12, 2022 | $1,267,862 | — | — |
| C2 | Jul 12, 2022 | $1,267,862 | — | — |
| 2C | Jul 14, 2022 | $1,715,513 | $1,675,000 p. 37 | +2.4% |
| 2A | Jul 20, 2022 | $2,472,356 | $2,395,000 p. 37 | +3.2% |
| 2B | Jul 25, 2022 | $1,765,969 | $1,690,000 p. 37 | +4.5% |
| 5B | Nov 1, 2022 | $3,325,000 | $3,350,000 p. 37 | −0.7% |
| 5C | Apr 10, 2023 | $3,374,653 | $3,350,000 p. 37 | +0.7% |
| 5A | Dec 29, 2023 | $2,773,119 | $3,350,000 p. 37 | −17.2% |
| C3 | Dec 29, 2023 | $1,639,172 | — | — |
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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page, here and in ChatGPT or Claude.
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
- 450wsp LLC
- Developers
- Tankhouse LLC, Funbold S.A., Future NY LLC
- Principals
- Sam Alison-Mayne, Sebastian Mendez, Dr. Hugo O. B. Grassi
- Tax estimate
- MGNYPrepared the first-year real estate tax projection
- Construction lender
- Bank Hapoalim$19.6 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 433 Warren Street Condominiumnext door · 14 units · 2 parking · 2006
- The Butlernext door · 3 units
- 207 Wyckoff Street Condominiumnext door · 3 units · 2016
- 203 Bergen Street Condominium0.1 mi · 2 units · 2016
- 262 Bond Street Condominium0.2 mi · 2 units · 2006
- 149 Bergen Street Condominium0.2 mi · 2 units · 2006