8 Saint Marks Condominium
8 Saint Marks Place, Brooklyn, NY 11217
Overview
- Units
- 13 residential · 1 commercial
- Subway
- 6 min walk to Atlantic Av-Barclays Ctr 2 3 4 5 B D N Q RBergen St 2 3, 9 min
- Developer
- Barrett Design LLC
- Principals
- Alexander Barrett
- Average $/sf
- $1,147Homes in Schedule A, as first offered
- Common charges
- $210–$1,057 a monthSponsor's first-year estimate in Schedule A, From November 1, 2017 To October 31,2018
- Offering price
- $24.1 million total $21.1 million when first offered
- Floor plans
- Page 21 of the plan
The sponsor of record is 8 Saint Marks, LLC, represented by Marcus Attorneys, Pllc. The offering plan runs 286 pages. The sponsor has filed 21 amendments, the latest in January 2022. The nearest other condo plan on file is Townhouse 16 Saint Marks Condominium, next door.
Plan CD160166 · New · accepted Aug 15, 2016 · AG record ↗
Compare
| Figure | This building1 | 873 Pacific28 units · 0.9 miaccepted 2017 | Clinton House322 units · 1.2 miaccepted 2017 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.57In line | $0.33 | $0.61 |
| Average Offering PricePer Apartment | $1.51MIn line | $1.7M | $700,682 |
| Average PricePer Square Foot | $1,147Above peers | $1,134 | $1,061 |
| Property TaxesPer Square Foot / Month | $1.09Highest | $0.82 | $0.11 |
| Average Unit SizeSquare Feet | 1,317 SFIn line | 1,494 SF | 660 SF |
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Unit mix, closings, budgets, finishes and the team, against 873 Pacific and Clinton House, 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 | 14 of 14 |
| Closing prices vs. Schedule A11 homes: $14,808,581 at closing against $14,809,100 in Schedule A (p. 26) | −0% |
| Average closing price11 homes, on their Schedule A square feet | $1,126 / SF |
| Closingsfirst and latest recorded | Mar 1, 2021 – Apr 25, 2022 |
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 15 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 6A | Mar 1, 2021 | $1,680,113 | $1,531,200 p. 26 | +9.7% |
| 4A | Mar 5, 2021 | $1,501,919 | $1,467,400 p. 26 | +2.4% |
| PHA | Mar 24, 2021 | $2,540,534 | — | — |
| CM | Apr 22, 2021 | $525,000 | $428,000 p. 26 | +22.7% |
| 5B | Apr 26, 2021 | $1,380,000 | $1,496,400 p. 26 | −7.8% |
| 4B | May 10, 2021 | $1,349,000 | $1,434,050 p. 26 | −5.9% |
| 5A | Jun 9, 2021 | $1,425,550 | $1,531,200 p. 26 | −6.9% |
| 3B | Aug 25, 2021 | $1,425,000 | $1,371,700 p. 26 | +3.9% |
| 6B | Aug 26, 2021 | $1,375,000 | $1,496,400 p. 26 | −8.1% |
| 1A | Aug 31, 2021 | $1,450,000 | — | — |
| 1B | Sep 2, 2021 | $795,000 | — | — |
| PHB | Sep 30, 2021 | $1,999,000 | — | — |
| 3A | Mar 3, 2022 | $1,399,000 | $1,403,600 p. 26 | −0.3% |
| 2B | Mar 25, 2022 | $1,369,000 | $1,309,350 p. 26 | +4.6% |
| 2A | Apr 25, 2022 | $1,379,000 | $1,339,800 p. 26 | +2.9% |
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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
- 8 Saint Marks, LLC
- Developer
- Barrett Design LLC
- Principals
- Alexander Barrett
- Counsel
- Marcus Attorneys, Pllc
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Connectone Bank$11.5 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Townhouse 16 Saint Marks Condominiumnext door · 3 units · 2022
- 21 Saint Marks Place Condominiumnext door · 3 units
- 567 Warren Street Condominiumnext door · 29 units
- 33 St. Mark'S Place Condominiumnext door · 3 units · 2010
- Park Slope Court Condominiumnext door · 20 units · 2004
- 42 St. Marks Place Condominiumnext door · 3 units · 2014