THE CONDO BOOK PROJECT

48 Stanhope Street Condominium

48 Stanhope Street, Brooklyn, NY 11221

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Overview

Units
8 residential
Subway
5 min walk to Kosciuszko St JCentral Av M, 6 min
Principals
Itzhak Maman, Amir Tamuz, Chaim Junik, Itshak T. Agaeliahu
Average $/sf
$1,107Homes in Schedule A, as first offered
Common charges
$364–$562 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 To December 31, 2026
Offering price
$6.95 million total

The sponsor of record is 48 Stanhope LLC, represented by Eial Girtz, PC. The offering plan runs 270 pages. The sponsor has filed 3 amendments, the latest in September 2026. The nearest other condo plan on file is 57 Himrod Condominium, next door.

Plan CD240359 · New · accepted May 19, 2025 · AG record ↗

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FigureThis building1The Harman28 units · 0.1 miaccepted 2025654 Katan Pavilion38 units · 0.8 miaccepted 2025
Common ChargesPer Square Foot / Month$0.53In line$0.55$0.35
Average Offering PricePer Apartment$868,375In line$820,625$1.05M
Average PricePer Square Foot$1,107Below peers$1,130$1,149
Property TaxesPer Square Foot / Month$0.80In line$1.08$0.40
Average Unit SizeSquare Feet785 SFIn line726 SF910 SF

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Unit mix, closings, budgets, finishes and the team, against The Harman and 654 Katan Pavilion, 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 closed63% of the homes in Schedule A5 of 8
Closing prices vs. Schedule A5 homes: $4,387,866 at closing against $4,774,000 in Schedule A (p. 37)−8.1%
Average closing price5 homes, on their Schedule A square feet$1,053 / SF
Closingsfirst and latest recordedJan 20, 2026 – Apr 22, 2026

Sales recorded with the Department of Finance (ACRIS) through May 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 5 closings
HomeRecordedClosing priceSchedule ADifference
2RJan 20, 2026$717,866$725,000 p. 37−1%
1RFeb 13, 2026$1,060,000$1,100,000 p. 37−3.6%
3RApr 16, 2026$730,000$749,000 p. 37−2.5%
4FApr 22, 2026$940,000$1,100,000 p. 37−14.5%
4RApr 22, 2026$940,000$1,100,000 p. 37−14.5%

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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
48 Stanhope LLC
Principals
Itzhak Maman, Amir Tamuz, Chaim Junik, Itshak T. Agaeliahu
Tax estimate
Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
Construction lender
S3 Capital$3.6 million loan stated in the plan

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

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