722 President Street Condominium
722 President Street, Brooklyn, NY 11215
Overview
- Units
- 3 residential
- Subway
- 6 min walk to Union St RBergen St 2 3, 10 min
- Principals
- Aaron Hockett, Dmitri Sytchev
- Offering price
- $7.84 million total $7.22 million when first offered
- Floor plans
- Page 53 of the plan
The sponsor of record is 722 President Street LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 326 pages. The sponsor has filed 2 amendments, the latest in July 2025. The nearest other condo plan on file is 667 Carroll Street Condominium, next door.
Plan CD240372 · Rehab · accepted Mar 25, 2025 · AG record ↗
Compare
| Figure | This building1 | 286 1st23 units · 0.2 miaccepted 2024 | Gabriella33 units · 1.1 miaccepted 2025 |
|---|---|---|---|
| Average Offering PricePer Apartment | $2.41MAbove peers | $2.29M | $2.4M |
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Unit mix, closings, budgets, finishes and the team, against 286 1st and Gabriella, cited to the offering plans. No credit card required.
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- 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 the plan | 3 of 3 |
| Closingsfirst and latest recorded | Sep 3, 2025 – Oct 24, 2025 |
Sales recorded with the Department of Finance (ACRIS) through Nov 30, 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3 | Sep 3, 2025 | $2,947,834 | — | — |
| 2 | Sep 17, 2025 | $2,270,531 | — | — |
| 1 | Oct 24, 2025 | $2,759,458 | — | — |
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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.
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
- 722 President Street LLC
- Principals
- Aaron Hockett, Dmitri Sytchev
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 667 Carroll Street Condominiumnext door · 4 units · 2010
- 661 Carroll Street Condominiumnext door · 4 units · 2007
- 659 Carroll Street Condominiumnext door · 4 units · 2006
- 230a 6th Avenue Condominiumnext door · 4 units · 2008
- 701 President Street Condominiumnext door · 4 units · 2020
- 686 Carroll Street Condominiumnext door · 4 units · 2022