THE CONDO BOOK PROJECT

Bainbridge Effect Condominium

536 Bainbridge Street, Brooklyn, NY 11233

Overview

Units
4 residential
Subway
5 min walk to Chauncey St J ZHalsey St J, 6 min
Principals
Lionel Guigui
Average $/sf
$1,009Homes in Schedule A, as first offered
Common charges
$891–$1,043 a monthSponsor's first-year estimate in Schedule A, July 1, 2026-June 30, 2027
Offering price
$3.5 million total

The sponsor of record is 536 Bainbridge LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 362 pages. The nearest other condo plan on file is Chauncey Lodge Condominium, next door.

Plan CD250214 · New · accepted Apr 28, 2026 · AG record ↗

Compare

FigureThis building1The 1009 Decatur Street28 units · 0.3 miaccepted 2026465 Hancock34 units · 1.1 miaccepted 2026
Common ChargesPer Square Foot / Month$1.08Highest$0.45$0.59
Average Offering PricePer Apartment$875,000Below peers$913,750$1.16M
Average PricePer Square Foot$1,009Below peers$1,084$1,272
Property TaxesPer Square Foot / Month$1.03In line$1.13$0.60
Average Unit SizeSquare Feet867 SFIn line843 SF914 SF

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Unit mix, closings, budgets, finishes and the team, against The 1009 Decatur Street and 465 Hancock, 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.

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
536 Bainbridge LLC
Principals
Lionel Guigui
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection

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

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