THE CONDO BOOK PROJECT

75 Eighth Avenue Condominium

75 8th Avenue, Brooklyn, NY 11215

Compare

Overview

Units
5 residential
Subway
4 min walk to Grand Army Plaza 2 37 Av B Q, 7 min
Principals
Omri Bar-Mashiah
Average $/sf
$2,299Homes in Schedule A, as first offered
Common charges
$438–$844 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
Offering price
$12.2 million total

The sponsor of record is 75 Eighth LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 315 pages. The sponsor has filed 1 amendment, the latest in December 2024. The nearest other condo plan on file is Gwendolyn Condos, next door.

Plan CD240015 · Rehab · accepted Jul 30, 2024 · AG record ↗

Compare

FigureThis building1353 6th24 units · 0.5 miaccepted 2024853 Carroll35 units · 0.1 miaccepted 2024
Common ChargesPer Square Foot / Month$0.52Lowest$0.72$0.67
Average Offering PricePer Apartment$2.43MAbove peers$2.21M$1.86M
Average PricePer Square Foot$2,299Above peers$2,100$2,057
Property TaxesPer Square Foot / Month$0.99Above peers$0.62$0.93
Average Unit SizeSquare Feet1,057 SFLarger1,054 SF902 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 353 6th and 853 Carroll, cited to the offering plans. No credit card required.

Create a free account
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 A5 of 5
Closing prices vs. Schedule A5 homes: $10,273,763 at closing against $12,150,000 in Schedule A (p. 44)−15.4%
Average closing price5 homes, on their Schedule A square feet$1,944 / SF
Closingsfirst and latest recordedJan 22, 2025 – Mar 17, 2025

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 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 5 closings
HomeRecordedClosing priceSchedule ADifference
1Jan 22, 2025$2,495,000$2,650,000 p. 44−5.8%
2Jan 22, 2025$2,150,000$2,250,000 p. 44−4.4%
4Feb 11, 2025$1,883,763$2,500,000 p. 44−24.6%
5Mar 14, 2025$1,750,000$2,500,000 p. 44−30%
3Mar 17, 2025$1,995,000$2,250,000 p. 44−11.3%

Pro

Closings are for subscribers

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

Subscribe to seeAlready a member? Sign in

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
75 Eighth LLC
Principals
Omri Bar-Mashiah
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$4.9 million loan stated in the plan

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

Nearby