THE CONDO BOOK PROJECT

63 Columbia Street Condominium

63 Columbia Street, Brooklyn, NY 11201

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Overview

Units
10 residential · 3 parking · 10 storage
Subway
11 min walk to Bergen St F GBorough Hall/Court St 2 3 4 5 R, 14 min
Principals
Louis V. Greco, Jr.
Average $/sf
$1,733Homes in Schedule A, as first offered
Common charges
$939–$1,713 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 - December 31, 2023
Offering price
$29 million total

The sponsor of record is Sds Colcon Owner LLC, represented by Marans Weisz & Newman LLC. The offering plan runs 350 pages. The sponsor has filed 1 amendment, the latest in November 2022. The nearest other condo plan on file is Govley Condominium, next door.

Plan CD200017 · New · accepted Aug 16, 2022 · AG record ↗

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FigureThis building1Govley210 units · 0 miaccepted 2023Degraw Gardens313 units · 0.8 miaccepted 2021
Common ChargesPer Square Foot / Month$0.93Highest$0.67$0.39
Average Offering PricePer Apartment$2.21MIn line$2.16M$2.89M
Average PricePer Square Foot$1,733Below peers$1,881$1,909
Property TaxesPer Square Foot / Month$1.34Highest$0.87$0.86
Average Unit SizeSquare Feet1,275 SFIn line1,150 SF1,511 SF

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Unit mix, closings, budgets, finishes and the team, against Govley and Degraw Gardens, 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 closed70% of the homes in Schedule A7 of 10
Closing prices vs. Schedule A4 homes: $7,044,000 at closing against $7,496,000 in Schedule A (p. 50)−6%
Average closing price4 homes, on their Schedule A square feet$1,598 / SF
Closingsfirst and latest recordedMay 13, 2025 – Nov 14, 2025

Sales recorded with the Department of Finance (ACRIS) through Sep 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 7 closings
HomeRecordedClosing priceSchedule ADifference
3AMay 13, 2025$1,975,000——
3BMay 16, 2025$1,995,000$1,631,000 p. 50+22.3%
4BMay 20, 2025$1,990,000$1,686,000 p. 50+18%
5BMay 30, 2025$2,065,000$2,659,000 p. 50−22.3%
2BJun 9, 2025$994,000$1,520,000 p. 50−34.6%
5AJul 8, 2025$2,240,000——
6BNov 14, 2025$1,714,224——

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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
Sds Colcon Owner LLC
Principals
Louis V. Greco, Jr.
Tax estimate
Korngold Powers LLPPrepared the first-year real estate tax projection
Construction lender
TIG Romspen US Master Mortgage LP$18.6 million recorded

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

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