THE CONDO BOOK PROJECT

696 Chauncey Street Condominium

696 Chauncey Street, Brooklyn, NY 11207

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Overview

Units
5 residential
Subway
5 min walk to Chauncey St J ZBushwick Av-Aberdeen St L, 5 min
Principals
Aviad Rave
Average $/sf
$1,113Homes in Schedule A, as first offered
Common charges
$479–$1,117 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 To December 31, 2026
Offering price
$3.3 million total

The sponsor of record is 696 Chauncey Street, LLC, represented by Eial Girtz, PC. The offering plan runs 299 pages. The sponsor has filed 2 amendments, the latest in January 2026. The nearest other condo plan on file is Bushwick Avenue Lofts, next door.

Plan CD240301 · New · accepted Jul 29, 2025 · AG record ↗

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FigureThis building132 Schaefer28 units · 0.2 miaccepted 2026366 Harman38 units · 1.3 miaccepted 2025
Common ChargesPer Square Foot / Month$1.08Highest$0.67$0.60
Average Offering PricePer Apartment$660,000Below peers$737,522$776,071
Average PricePer Square Foot$1,113In line$1,110$1,192
Property TaxesPer Square Foot / Month$0.41Lowest$1.20$1.08
Average Unit SizeSquare Feet593 SFSmaller664 SF651 SF

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Unit mix, closings, budgets, finishes and the team, against 32 Schaefer and 366 Harman, cited to the offering plans. No credit card required, and it also connects to ChatGPT and Claude, with limited access.

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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.

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Closings Pro

Homes closed80% of the homes in Schedule A4 of 5
Closing prices vs. Schedule A4 homes: $2,124,000 at closing against $2,150,000 in Schedule A (p. 40)−1.2%
Average closing price4 homes, on their Schedule A square feet$1,079 / SF
Closingsfirst and latest recordedDec 1, 2025 – May 18, 2026

Sales recorded with the Department of Finance (ACRIS) through May 31, 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 4 closings
HomeRecordedClosing priceSchedule ADifference
3BDec 1, 2025$565,000$550,000 p. 40+2.7%
2ADec 4, 2025$499,000$525,000 p. 40−5%
2BDec 19, 2025$545,000$525,000 p. 40+3.8%
3AMay 18, 2026$515,000$550,000 p. 40−6.4%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page, here and in ChatGPT or Claude.

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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
696 Chauncey Street, LLC
Principals
Aviad Rave
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
SKS Equities$1.75 million loan stated in the plan

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

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