79 South 2nd Street Condominium
79 South 2nd Street, Brooklyn, NY 11249
Overview
- Units
- 3 residential
- Subway
- 11 min walk to Bedford Av LMarcy Av J M Z, 13 min
- Principals
- Guy Mor
- Average $/sf
- $1,551Homes in Schedule A, as first offered
- Common charges
- $794–$1,386 a monthSponsor's first-year estimate in Schedule A, Year Projected to Begin: July 1, 2025-June 30, 2026
- Offering price
- $12.6 million total $9 million when first offered
- Floor plans
- Page 13 of the plan
The sponsor of record is 79 South 2 Owner LLC, represented by The Law Office Of Jay Lichtman, PC. The offering plan runs 363 pages. The sponsor has filed 2 amendments, the latest in December 2025. The nearest other condo plan on file is Townhouse 84, next door.
Plan CD240184 · New · accepted Mar 18, 2025 · AG record ↗
Compare
| Figure | This building1 | 185 Ainslie24 units · 0.9 miaccepted 2025 | 357 Leonard33 units · 0.9 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.59Above peers | $0.31 | $0.58 |
| Average Offering PricePer Apartment | $3MHighest | $2.32M | $2.35M |
| Average PricePer Square Foot | $1,551Below peers | $1,634 | $1,765 |
| Property TaxesPer Square Foot / Month | $0.63Highest | $0.42 | $0.41 |
| Average Unit SizeSquare Feet | 1,934 SFLargest | 1,418 SF | 1,331 SF |
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Unit mix, closings, budgets, finishes and the team, against 185 Ainslie and 357 Leonard, 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 3 of 3 |
| Closing prices vs. Schedule A3 homes: $9,280,925 at closing against $9,000,000 in Schedule A (p. 34) | +3.1% |
| Average closing price3 homes, on their Schedule A square feet | $1,600 / SF |
| Closingsfirst and latest recorded | Feb 20, 2026 – Jul 9, 2026 |
Sales recorded with the Department of Finance (ACRIS) through Aug 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Feb 20, 2026 | $2,350,000 | $2,250,000 p. 34 | +4.4% |
| TH | Apr 24, 2026 | $3,980,925 | $3,750,000 p. 34 | +6.2% |
| PH | Jul 9, 2026 | $2,950,000 | $3,000,000 p. 34 | −1.7% |
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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
- 79 South 2 Owner LLC
- Principals
- Guy Mor
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Provident Bank$3.95 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Townhouse 84next door · 0 units · 2011
- Townhouse 86next door · 8 units · 2011
- Townhouse 88next door · 8 units · 2011
- Townhouse 90next door · 8 units · 2011
- 268 Berry Street Condominiumnext door · 2 units · 2009
- Esquire Building Condominiumnext door · 73 units · 2001