THE CONDO BOOK PROJECT

Rogers Residences

625 Rogers Avenue, Brooklyn, NY 11225

Overview

Units
20 residential · 1 commercial
Subway
3 min walk to Winthrop St 2 5Parkside Av Q, 10 min
Principals
Nigel Boyden
Average $/sf
$1,077Homes in Schedule A, as first offered
Offering price
$25.7 million total

The sponsor of record is 625 Rogers 2018 LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 366 pages. The sponsor has filed 2 amendments, the latest in March 2025. The nearest other condo plan on file is 256 Winthrop Street Condominium, next door.

Plan CD230020 · New · accepted Sep 12, 2023 · AG record ↗

Compare

FigureThis building1Elysium212 units · 0.1 miaccepted 2023Calvert Villas310 units · 0.3 miaccepted 2024
Common ChargesPer Square Foot / Month$0.53Below peers$0.87$0.56
Average Offering PricePer Apartment$1.09MIn line$1.07M$1.21M
Average PricePer Square Foot$1,077In line$1,187$1,057
Average Unit SizeSquare Feet1,010 SFIn line898 SF1,141 SF

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Unit mix, closings, budgets, finishes and the team, against Elysium and Calvert Villas, 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 closed95% of the homes in Schedule A20 of 21
Closing prices vs. Schedule A20 homes: $22,395,600 at closing against $21,740,000 in Schedule A (p. 37)+3%
Average closing price20 homes, on their Schedule A square feet$1,109 / SF
Closingsfirst and latest recordedOct 28, 2024 – Sep 29, 2025

Sales recorded with the Department of Finance (ACRIS) through Oct 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 20 closings
HomeRecordedClosing priceSchedule ADifference
2AOct 28, 2024$1,425,550$1,495,000 p. 37−4.6%
5BNov 6, 2024$1,500,000$1,395,000 p. 37+7.5%
4DNov 12, 2024$616,041$550,000 p. 37+12%
6BNov 12, 2024$1,338,999$1,195,000 p. 37+12.1%
2DNov 18, 2024$570,000$540,000 p. 37+5.6%
4ENov 18, 2024$1,095,000$1,050,000 p. 37+4.3%
2BNov 20, 2024$809,509$795,000 p. 37+1.8%
2CNov 25, 2024$835,000$850,000 p. 37−1.8%
4ANov 25, 2024$1,460,000$1,350,000 p. 37+8.1%
3CNov 26, 2024$990,000$975,000 p. 37+1.5%
4BNov 26, 2024$695,000$725,000 p. 37−4.1%
2ENov 27, 2024$1,069,163$1,050,000 p. 37+1.8%
3BNov 27, 2024$1,155,714$1,025,000 p. 37+12.8%
5CDec 6, 2024$1,145,000$1,095,000 p. 37+4.6%
3ADec 17, 2024$1,395,000$1,395,000 p. 370%
6AJan 15, 2025$1,550,000$1,495,000 p. 37+3.7%
3DFeb 11, 2025$1,069,163$1,050,000 p. 37+1.8%
4CApr 8, 2025$820,000$765,000 p. 37+7.2%
6CAug 6, 2025$1,380,000$1,450,000 p. 37−4.8%
5ASep 29, 2025$1,476,463$1,495,000 p. 37−1.2%

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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
625 Rogers 2018 LLC
Principals
Nigel Boyden
Tax estimate
The Mazursky Group, Inc.Prepared the first-year real estate tax projection

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

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