THE CONDO BOOK PROJECT

501 8th Avenue Condominium

501 8th Avenue, Brooklyn, NY 11215

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Overview

Units
4 residential
Subway
4 min walk to 7 Av F G15 St-Prospect Park F G, 12 min
Principals
Robin Damaghi
Average $/sf
$2,047Homes in Schedule A, as first offered
Common charges
$726–$937 a monthSponsor's first-year estimate in Schedule A, July 1 2026 - June 30 2027
Offering price
$15.5 million total

The sponsor of record is 501 8th Avenue LLC, represented by Starr Associates, LLP. The offering plan runs 474 pages. The sponsor has filed 1 amendment, the latest in July 2026. The nearest other condo plan on file is 503 8th Avenue Condominium, next door.

Plan CD250270 · Rehab · accepted Apr 22, 2026 · AG record ↗

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FigureThis building1378 8th24 units · 0.3 miaccepted 2025132 Sixth35 units · 0.7 miaccepted 2026
Common ChargesPer Square Foot / Month$0.41Lowest$0.62$0.71
Average Offering PricePer Apartment$3.88MHighest$1.96M$2.08M
Average PricePer Square Foot$2,047In line$2,056$2,027
Property TaxesPer Square Foot / Month$0.48Below peers$0.56$0.72
Average Unit SizeSquare Feet1,893 SFLargest955 SF1,025 SF

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Unit mix, closings, budgets, finishes and the team, against 378 8th and 132 Sixth, 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 closed0% of the homes in Schedule A0 of 4

Sales recorded with the Department of Finance (ACRIS) through Aug 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.

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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.

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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
501 8th Avenue LLC
Principals
Robin Damaghi
Tax estimate
D'Agostino, Lederman, Landesman, Rivera & Miraglia, LLPPrepared the first-year real estate tax projection
Construction lender
Creif II CH$8.82 million recorded

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

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