THE CONDO BOOK PROJECT

Six Garfield Place Condominium

6 Garfield Place, Brooklyn, NY 11215

Overview

Units
3 residential
Subway
3 min walk to Union St R4 Av-9 St F G R, 9 min
Principals
Bentley Zhao
Average $/sf
$1,584Homes in Schedule A, as first offered
Common charges
$673–$1,774 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
Offering price
$25.3 million total $22.4 million when first offered

The sponsor of record is Park Building Enterprises LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 362 pages. The sponsor has filed 3 amendments, the latest in March 2025. The nearest other condo plan on file is 6 Garfield Road Condominium, next door.

Plan CD230143 · Rehab · accepted Jan 25, 2024 · AG record ↗

Compare

FigureThis building1167 Park Slope Residence23 units · 0.6 miaccepted 2024538 Henry34 units · 1 miaccepted 2023
Common ChargesPer Square Foot / Month$0.97Highest$0.47$0.53
Average Offering PricePer Apartment$1.84MBelow peers$2.24M$2.14M
Average PricePer Square Foot$1,584Below peers$1,647$1,624
Property TaxesPer Square Foot / Month$1.85Highest$0.40$0.47
Average Unit SizeSquare Feet1,163 SFSmaller1,362 SF1,316 SF

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Unit mix, closings, budgets, finishes and the team, against 167 Park Slope Residence and 538 Henry, 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 closed100% of the homes in Schedule A12 of 12
Closing prices vs. Schedule A12 homes: $21,316,421 at closing against $22,100,000 in Schedule A (p. 50)−3.5%
Average closing price12 homes, on their Schedule A square feet$1,528 / SF
Closingsfirst and latest recordedDec 6, 2024 – Apr 6, 2026

Sales recorded with the Department of Finance (ACRIS) through Apr 30, 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 12 closings
HomeRecordedClosing priceSchedule ADifference
308Dec 6, 2024$1,600,000$1,550,000 p. 50+3.2%
101Dec 16, 2024$1,595,000$1,500,000 p. 50+6.3%
208Dec 16, 2024$1,600,000$1,500,000 p. 50+6.7%
307Dec 16, 2024$1,680,000$1,700,000 p. 50−1.2%
407Dec 23, 2024$2,180,000$2,350,000 p. 50−7.2%
305Feb 12, 2025$2,082,321$2,200,000 p. 50−5.3%
306Feb 25, 2025$1,080,000$1,150,000 p. 50−6.1%
406May 2, 2025$1,829,100$1,800,000 p. 50+1.6%
205May 12, 2025$1,995,000$2,150,000 p. 50−7.2%
207Jul 15, 2025$2,090,000$2,200,000 p. 50−5%
206Nov 3, 2025$960,000$1,100,000 p. 50−12.7%
405Apr 6, 2026$2,625,000$2,900,000 p. 50−9.5%

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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
Park Building Enterprises LLC
Principals
Bentley Zhao
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Midfirst BankLender on the mortgage and building loan agreement recorded February 2023 in ACRIS; $10.5 million recorded

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

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