THE CONDO BOOK PROJECT

68 Eldert Street Condominium

68 Eldert Street, Brooklyn, NY 11207

Overview

Units
10 residential · 1 commercial
Subway
5 min walk to Halsey St JChauncey St J Z, 7 min
Principals
Arie Bar Chaim
Average $/sf
$1,021Homes in Schedule A, as first offered
Common charges
$253–$564 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 - December 31, 2023
Offering price
$12.8 million total $11.4 million when first offered

The sponsor of record is 68 Eldert St LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 396 pages. The sponsor has filed 4 amendments, the latest in August 2026. The nearest other condo plan on file is 37 Covert Street Condominium, next door.

Plan CD220012 · New · accepted Apr 14, 2022 · AG record ↗

Compare

FigureThis building1Hastings House210 units · 0.2 miaccepted 20221060 Jefferson310 units · 0.2 miaccepted 2022
Common ChargesPer Square Foot / Month$0.50Below peers$0.80$0.58
Average Offering PricePer Apartment$873,500Highest$753,000$711,900
Average PricePer Square Foot$1,021Below peers$1,039$1,047
Property TaxesPer Square Foot / Month$0.97Highest$0.21$0.59
Average Unit SizeSquare Feet856 SFLargest725 SF680 SF

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Unit mix, closings, budgets, finishes and the team, against Hastings House and 1060 Jefferson, 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 closed90% of the homes in Schedule A9 of 10
Closing prices vs. Schedule A9 homes: $7,929,000 at closing against $7,785,000 in Schedule A (p. 36)+1.8%
Average closing price9 homes, on their Schedule A square feet$1,040 / SF
Closingsfirst and latest recordedDec 4, 2023 – May 27, 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 9 closings
HomeRecordedClosing priceSchedule ADifference
3CDec 4, 2023$575,000$550,000 p. 36+4.5%
4BFeb 15, 2024$875,000$915,000 p. 36−4.4%
4AFeb 27, 2024$740,000$760,000 p. 36−2.6%
4CFeb 29, 2024$585,000$575,000 p. 36+1.7%
5AMar 19, 2024$1,095,000$995,000 p. 36+10.1%
3AApr 18, 2024$770,000$795,000 p. 36−3.1%
2BJul 22, 2024$1,165,000$1,150,000 p. 36+1.3%
5BSep 24, 2024$999,000$995,000 p. 36+0.4%
2AMay 27, 2025$1,125,000$1,050,000 p. 36+7.1%

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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
68 Eldert St LLC
Principals
Arie Bar Chaim
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Quanta Finance

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

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