THE CONDO BOOK PROJECT

68 North Henry Street Condominium

68 North Henry Street, Brooklyn, NY 11222

Overview

Units
7 residential
Subway
11 min walk to Graham Av LNassau Av G, 11 min
Principals
Moshe Katlowitz
Average $/sf
$1,429Homes in Schedule A, as first offered
Offering price
$10.1 million total $10.1 million when first offered

The sponsor of record is 68 North Henry Street LLC, represented by Joseph S. Scarmato, Pllc. The offering plan runs 106 pages. The sponsor has filed 1 amendment, the latest in May 2022. The nearest other condo plan on file is 61 North Henry Street Condominium, next door.

Plan CD200236 · New · accepted Sep 10, 2021 · AG record ↗

Compare

FigureThis building181 India26 units · 1.1 miaccepted 2021Huron39 units · 1 miaccepted 2021
Common ChargesPer Square Foot / Month$0.44Lowest$0.53$0.69
Average Offering PricePer Apartment$1.4MIn line$1.11M$1.46M
Average PricePer Square Foot$1,429In line$1,403$1,567
Average Unit SizeSquare Feet980 SFLarger790 SF929 SF

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Unit mix, closings, budgets, finishes and the team, against 81 India and Huron, 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 A7 of 7
Closing prices vs. Schedule A6 homes: $7,464,963 at closing against $7,490,000 in Schedule A (p. 28)−0.3%
Average closing price6 homes, on their Schedule A square feet$1,397 / SF
Closingsfirst and latest recordedJun 27, 2025 – Dec 15, 2025

Sales recorded with the Department of Finance (ACRIS) through Dec 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 7 closings
HomeRecordedClosing priceSchedule ADifference
4-BJun 27, 2025$1,251,754$1,260,000 p. 28−0.7%
5AJun 27, 2025$2,472,600——
3-BJul 22, 2025$1,318,634$1,185,000 p. 28+11.3%
2-ASep 5, 2025$1,250,000$1,285,000 p. 28−2.7%
2-BOct 17, 2025$1,275,000$1,210,000 p. 28+5.4%
3-ADec 15, 2025$1,184,788$1,235,000 p. 28−4.1%
4-ADec 15, 2025$1,184,788$1,315,000 p. 28−9.9%

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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 North Henry Street LLC
Principals
Moshe Katlowitz
Tax estimate
Middleton Street, BrooklynPrepared the first-year real estate tax projection
Construction lender
Colorado Federal Savings Bank$4.2 million loan stated in the plan

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

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