THE CONDO BOOK PROJECT

58 Dupont Street Condominium

58 Dupont Street, Brooklyn, NY 11222

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Overview

Units
4 residential
Subway
8 min walk to Greenpoint Av GVernon Blvd-Jackson Av 7, 17 min
Principals
Ran Michaeli
Average $/sf
$1,763Homes in Schedule A, as first offered
Common charges
$508–$1,149 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 To June 30, 2026
Offering price
$8.39 million total

The sponsor of record is 58 Dupont Street LLC, represented by Eial Girtz, PC. The offering plan runs 297 pages. The sponsor has filed 4 amendments, the latest in November 2024. The nearest other condo plan on file is 54 Dupont Street Condominium, next door.

Plan CD230205 · New · accepted Feb 12, 2024 · AG record ↗

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FigureThis building1205 Java26 units · 0.4 miaccepted 2024130 Huron34 units · 0.2 miaccepted 2024
Common ChargesPer Square Foot / Month$0.61In line$0.51$0.64
Average Offering PricePer Apartment$2.1MIn line$2.09M$2.3M
Average PricePer Square Foot$1,763Below peers$1,792$1,932
Property TaxesPer Square Foot / Month$1.33Above peers$0.87$1.18
Average Unit SizeSquare Feet1,190 SFIn line1,167 SF1,191 SF

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Unit mix, closings, budgets, finishes and the team, against 205 Java and 130 Huron, 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 closed75% of the homes in Schedule A3 of 4
Closing prices vs. Schedule A3 homes: $6,465,000 at closing against $6,643,000 in Schedule A (p. 39)−2.7%
Average closing price3 homes, on their Schedule A square feet$1,798 / SF
Closingsfirst and latest recordedOct 23, 2024 – Nov 14, 2024

Sales recorded with the Department of Finance (ACRIS) through Aug 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 3 closings
HomeRecordedClosing priceSchedule ADifference
1Oct 23, 2024$2,350,000$2,295,000 p. 39+2.4%
4Nov 12, 2024$2,325,000$2,549,000 p. 39−8.8%
3Nov 14, 2024$1,790,000$1,799,000 p. 39−0.5%

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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
58 Dupont Street LLC
Principals
Ran Michaeli
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Manhattan Bridge Capital$700,000 loan stated in the plan

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

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