58 Saint Marks Place Condominium

58 Saint Marks Place, Brooklyn, NY 11217

Overview

Units: 105 residential · 41 parking · 53 storage · 1 commercial
Subway: 4 min walk to Atlantic Av-Barclays Ctr 2 3 4 5 B D N Q RBergen St 2 3, 7 min
Developer: Avdoo & Partners Development
Principals: Shlomo Avdoo, Yosi Cohen
Average $/sf: $1,476Homes in Schedule A, as first offered
Common charges: $349–$5,751 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 - December 31, 2022
Offering price: $200 million total
Floor plans: Page 47 of the plan

The sponsor of record is 4th Avenue Development Owner LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 507 pages. The sponsor has filed 5 amendments, the latest in November 2022. The nearest other condo plan on file is 47 St. Mark'S Place Condominium, next door.

Plan CD190240 · New · accepted Aug 10, 2020 · AG record ↗

Compare

Figure	This building¹	One Boerum²138 units · 0.8 miaccepted 2020	Symon³59 units · 0.8 miaccepted 2019
Common ChargesPer Square Foot / Month	$0.85Below peers	$0.87	$1.25
Average Offering PricePer Apartment	$1.73MIn line	$1.95M	$1.57M
Average PricePer Square Foot	$1,476In line	$1,624	$1,471
Property TaxesPer Square Foot / Month	$1.18Above peers	$1.13	$0.81
Average Unit SizeSquare Feet	1,174 SFIn line	1,201 SF	1,070 SF

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Unit mix, closings, budgets, finishes and the team, against One Boerum and Symon, 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 closed94% of the homes in Schedule A	100 of 106
Closing prices vs. Schedule A74 homes: $110,411,397 at closing against $101,050,000 in Schedule A (p. 58, p. 59, p. 60)	+9.3%
Average closing price74 homes, on their Schedule A square feet	$1,553 / SF
Closingsfirst and latest recorded	Mar 14, 2022 – Jan 7, 2026

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.

All 100 closings

Home	Recorded	Closing price	Schedule A	Difference
310	Mar 14, 2022	$980,000	$1,075,000 p. 58	−8.8%
412	Mar 14, 2022	$1,550,000	$2,200,000 p. 58	−29.5%
701	Mar 14, 2022	$1,500,000	$1,455,000 p. 59	+3.1%
503	Mar 17, 2022	$890,000	$955,000 p. 59	−6.8%
602	Mar 17, 2022	$955,000	—	—
1103	Mar 17, 2022	$3,900,000	—	—
312	Mar 18, 2022	$1,525,000	$2,175,000 p. 58	−29.9%
603	Mar 18, 2022	$1,450,000	$970,000 p. 59	+49.5%
703	Mar 18, 2022	$1,525,000	$985,000 p. 59	+54.8%
705	Mar 18, 2022	$950,000	$920,000 p. 59	+3.3%
810	Mar 18, 2022	$2,163,781	$1,500,000 p. 60	+44.3%
908	Mar 18, 2022	$2,150,000	—	—
212	Mar 21, 2022	$1,450,000	$2,100,000 p. 58	−31%
307	Mar 21, 2022	$1,270,000	$685,000 p. 58	+85.4%
501	Mar 21, 2022	$1,501,919	$1,425,000 p. 59	+5.4%
507	Mar 21, 2022	$1,322,707	$725,000 p. 59	+82.4%
510	Mar 21, 2022	$1,830,000	$1,440,000 p. 59	+27.1%
609	Mar 21, 2022	$1,575,000	$1,975,000 p. 59	−20.3%
802	Mar 21, 2022	$1,045,000	—	—
1003	Mar 21, 2022	$4,200,000	—	—
512	Mar 22, 2022	$1,520,000	$2,225,000 p. 59	−31.7%
606	Mar 22, 2022	$925,000	$905,000 p. 59	+2.2%
812	Mar 22, 2022	$1,675,000	$2,300,000 p. 60	−27.2%
901	Mar 22, 2022	$1,950,000	$1,950,000 p. 60	0%
415	Mar 23, 2022	$1,075,000	$1,120,000 p. 58	−4%
605	Mar 23, 2022	$995,000	$905,000 p. 59	+9.9%
615	Mar 23, 2022	$1,175,000	$1,160,000 p. 59	+1.3%
612	Mar 24, 2022	$1,575,000	$2,250,000 p. 59	−30%
710	Mar 24, 2022	$1,925,000	$1,480,000 p. 59	+30.1%
809	Mar 24, 2022	$1,575,000	$2,025,000 p. 60	−22.2%
1107	Mar 24, 2022	$3,161,000	—	—
203	Mar 25, 2022	$1,445,915	$885,000 p. 58	+63.4%
209	Mar 25, 2022	$1,094,619	$1,325,000 p. 58	−17.4%
311	Mar 25, 2022	$1,975,000	$975,000 p. 58	+102.6%
509	Mar 25, 2022	$1,595,000	$1,950,000 p. 59	−18.2%
601	Mar 25, 2022	$1,450,000	$1,440,000 p. 59	+0.7%
801	Mar 25, 2022	$1,535,000	$1,475,000 p. 59	+4.1%
805	Mar 25, 2022	$975,000	$940,000 p. 60	+3.7%
910	Mar 25, 2022	$4,126,000	$3,700,000 p. 60	+11.5%
301	Mar 28, 2022	$1,552,831	$1,380,000 p. 58	+12.5%
402	Mar 28, 2022	$940,000	—	—
506	Mar 28, 2022	$641,498	$625,000 p. 59	+2.6%
915	Mar 28, 2022	$1,300,000	$1,220,000 p. 60	+6.6%
211	Mar 29, 2022	$1,985,588	—	—
411	Mar 29, 2022	$2,100,000	$1,800,000 p. 58	+16.7%
511	Mar 29, 2022	$2,225,000	$1,825,000 p. 59	+21.9%
715	Mar 29, 2022	$1,200,000	$1,180,000 p. 59	+1.7%
303	Mar 30, 2022	$875,000	$915,000 p. 58	−4.4%
308	Mar 30, 2022	$1,325,000	$585,000 p. 58	+126.5%
401	Mar 30, 2022	$1,500,000	$1,400,000 p. 58	+7.1%
712	Mar 30, 2022	$1,650,000	$2,275,000 p. 59	−27.5%
305	Mar 31, 2022	$625,000	$605,000 p. 58	+3.3%
406	Mar 31, 2022	$655,000	$600,000 p. 58	+9.2%
410	Mar 31, 2022	$1,750,000	$1,420,000 p. 58	+23.2%
815	Mar 31, 2022	$1,275,000	$1,200,000 p. 60	+6.3%
1002	Mar 31, 2022	$3,521,588	—	—
709	Apr 4, 2022	$1,540,000	$1,995,000 p. 59	−22.8%
403	Apr 5, 2022	$855,000	$940,000 p. 58	−9%
1205	Apr 5, 2022	$5,000,000	—	—
302	Apr 6, 2022	$925,000	—	—
711	Apr 6, 2022	$2,325,000	$1,875,000 p. 59	+24%
803	Apr 6, 2022	$1,550,000	$1,000,000 p. 60	+55%
611	Apr 7, 2022	$2,250,000	$1,850,000 p. 59	+21.6%
405	Apr 8, 2022	$690,000	$620,000 p. 58	+11.3%
409	Apr 8, 2022	$1,480,000	$1,925,000 p. 58	−23.1%
508	Apr 8, 2022	$2,000,000	$625,000 p. 59	+220%
912	Apr 8, 2022	$1,649,565	$2,375,000 p. 60	−30.5%
706	Apr 11, 2022	$950,000	$920,000 p. 59	+3.3%
708	Apr 13, 2022	$2,150,000	—	—
408	Apr 14, 2022	$2,050,000	$600,000 p. 58	+241.7%
610	Apr 15, 2022	$2,087,413	$1,460,000 p. 59	+43%
208	Apr 19, 2022	$1,450,000	$570,000 p. 58	+154.4%
808	Apr 19, 2022	$2,265,000	—	—
911	Apr 21, 2022	$2,596,538	—	—
1001	Apr 26, 2022	$3,470,550	—	—
515	Apr 28, 2022	$1,250,000	$1,140,000 p. 59	+9.6%
1203	Apr 28, 2022	$4,593,375	—	—
702	Apr 29, 2022	$1,075,000	—	—
505	May 3, 2022	$635,000	$645,000 p. 59	−1.6%
806	May 6, 2022	$975,000	$940,000 p. 60	+3.7%
309	May 18, 2022	$1,170,988	$1,350,000 p. 58	−13.3%
903	May 23, 2022	$2,125,000	$1,925,000 p. 60	+10.4%
1106	May 24, 2022	$3,240,881	—	—
1101	May 27, 2022	$2,975,000	—	—
202	Jun 7, 2022	$1,075,000	—	—
407	Jun 8, 2022	$1,395,000	$700,000 p. 58	+99.3%
811	Jun 14, 2022	$2,500,000	$1,900,000 p. 60	+31.6%
1102	Jul 5, 2022	$2,995,000	—	—
306	Jul 8, 2022	$660,000	$585,000 p. 58	+12.8%
205	Jul 15, 2022	$995,000	$590,000 p. 58	+68.6%
101	Jul 29, 2022	$595,000	$550,000 p. 58	+8.2%
502	Sep 12, 2022	$1,095,000	—	—
902	Dec 5, 2022	$2,175,000	$1,925,000 p. 60	+13%
206	Dec 8, 2022	$995,000	$570,000 p. 58	+74.6%
1201	Mar 14, 2023	$3,300,000	—	—
1105	Apr 24, 2023	$3,150,000	—	—
516	Apr 26, 2023	$4,250,000	$3,750,000 p. 59	+13.3%
1202	Sep 5, 2023	$3,275,000	—	—
315	Apr 26, 2024	$1,069,163	$1,100,000 p. 58	−2.8%
608	Jan 7, 2026	$2,400,000	—	—