THE CONDO BOOK PROJECT

Govley Condominium

76 Congress Street, Brooklyn, NY 11201

Overview

Units
10 residential · 8 parking
Subway
11 min walk to Bergen St F GBorough Hall/Court St 2 3 4 5 R, 14 min
Principals
Rusi Sanjana, Shiraz Sanjana
Average $/sf
$1,881Homes in Schedule A, as first offered
Common charges
$459–$926 a monthSponsor's first-year estimate in Schedule A, September 1, 2023 through August 31, 2024
Offering price
$23.1 million total $14.2 million when first offered

The sponsor of record is 76 Congress LLC, represented by Rosen Law LLC. The offering plan runs 402 pages. The sponsor has filed 4 amendments, the latest in December 2024. The nearest other condo plan on file is 63 Columbia Street Condominium, next door.

Plan CD220112 · New · accepted Feb 13, 2023 · AG record ↗

Compare

FigureThis building163 Columbia210 units · 0 miaccepted 2022Degraw Gardens313 units · 0.8 miaccepted 2021
Common ChargesPer Square Foot / Month$0.67In line$0.93$0.39
Average Offering PricePer Apartment$2.16MBelow peers$2.21M$2.89M
Average PricePer Square Foot$1,881In line$1,733$1,909
Property TaxesPer Square Foot / Month$0.87In line$1.34$0.86
Average Unit SizeSquare Feet1,150 SFSmaller1,275 SF1,511 SF

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Unit mix, closings, budgets, finishes and the team, against 63 Columbia and Degraw Gardens, 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 closed70% of the homes in Schedule A7 of 10
Closing prices vs. Schedule A7 homes: $12,973,224 at closing against $14,155,000 in Schedule A (p. 54)−8.3%
Average closing price7 homes, on their Schedule A square feet$1,675 / SF
Closingsfirst and latest recordedMay 13, 2025 – Nov 14, 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 7 closings
HomeRecordedClosing priceSchedule ADifference
3AMay 13, 2025$1,975,000$1,975,000 p. 540%
3BMay 16, 2025$1,995,000$1,995,000 p. 540%
4BMay 20, 2025$1,990,000$2,095,000 p. 54−5%
5BMay 30, 2025$2,065,000$2,250,000 p. 54−8.2%
2BJun 9, 2025$994,000$1,050,000 p. 54−5.3%
5AJul 8, 2025$2,240,000$2,195,000 p. 54+2.1%
6BNov 14, 2025$1,714,224$2,595,000 p. 54−33.9%

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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
76 Congress LLC
Principals
Rusi Sanjana, Shiraz Sanjana
Tax estimate
Rosen Law LLCPrepared the first-year real estate tax projection
Construction lender
Preferred Bank$8.6 million recorded

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

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