Albany Avenue Estates Ii Condominium
585 Albany Avenue, Brooklyn, NY 11203
Overview
- Units
- 19 residential · 17 parking · 3 commercial
- Subway
- 15 min walk to Winthrop St 2 5Kingston Av 3, 16 min
- Developer
- DGF Management
- Principals
- David Fischer
- Offering price
- $30.8 million total $30.8 million when first offered
- Floor plans
- Page 43 of the plan
The sponsor of record is 575 Albany Ave LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 392 pages. The sponsor has filed 2 amendments, the latest in April 2025. The nearest other condo plan on file is 647 Rutland Road Condominium, next door.
Plan CD230119 · New · accepted Oct 30, 2023 · AG record ↗
Compare
| Figure | This building1 | 458 St. Marks219 units · 1.5 miaccepted 2024 | 87 Irving Place324 units · 1.9 miaccepted 2024 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.62MIn line | $1.55M | $1.62M |
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Unit mix, closings, budgets, finishes and the team, against 458 St. Marks and 87 Irving Place, cited to the offering plans. No credit card required.
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- 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 closed79% of the homes in the plan | 15 of 19 |
| Closingsfirst and latest recorded | Nov 26, 2024 – Aug 14, 2025 |
Sales recorded with the Department of Finance (ACRIS) through Jul 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 15 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 503 | Nov 26, 2024 | $1,350,000one deed, 2 homes | — | — |
| 205 | Dec 2, 2024 | $1,360,000 | — | — |
| 501 | Dec 16, 2024 | $970,000 | — | — |
| 203 | Dec 17, 2024 | $650,000 | — | — |
| 202 | Dec 31, 2024 | $661,863 | — | — |
| 204 | May 30, 2025 | $925,000one deed, 2 homes | — | — |
| 602 | Jun 30, 2025 | $995,000 | — | — |
| 402 | Jul 9, 2025 | $1,170,000 | — | — |
| 403 | Aug 5, 2025 | $926,608 | — | — |
| 303 | Aug 12, 2025 | $651,680 | — | — |
| 201 | Aug 13, 2025 | $995,000 | — | — |
| 305 | Aug 13, 2025 | $1,165,000 | — | — |
| 401 | Aug 13, 2025 | $995,000one deed, 2 homes | — | — |
| 502 | Aug 13, 2025 | $995,000 | — | — |
| 302 | Aug 14, 2025 | $640,000 | — | — |
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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.
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
- 575 Albany Ave LLC
- Developer
- DGF Management
- Principals
- David Fischer
- Tax estimate
- Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 647 Rutland Road Condominiumnext door · 3 units · 2008
- 649 Rutland Road Condominiumnext door · 3 units · 2008
- Albany Avenue Estates 1next door · 6 units · 2021
- 647/651 Maple Street Condominiumnext door · 6 units
- 551 Albany Avenue Condominiumnext door · 8 units
- Wingate Estates Condominiumnext door · 12 units · 2008