805 Washington Avenue Condominium
805 Washington Avenue, Brooklyn, NY 11238
Overview
- Units
- 37 residential · 19 parking · 1 commercial
- Subway
- 3 min walk to Eastern Pkwy-Brooklyn Museum 2 3Franklin Av-Medgar Evers College/Botanic Garden 2 3 4 5 S, 6 min
- Principals
- Levi Balkany, Rachel Medalie
- Average $/sf
- $1,302Homes in Schedule A, as first offered
- Offering price
- $59.2 million total
- Floor plans
- Page 40 of the plan
The sponsor of record is 805 Washington Ave LLC, represented by Marans, Weisz & Newman, LLC. The offering plan runs 328 pages. The sponsor has filed 15 amendments, the latest in April 2020. The nearest other condo plan on file is 856 Washington Avenue Condominium, next door.
Plan CD180281 · New · accepted Feb 28, 2019 · AG record ↗
Compare
| Figure | This building1 | 575 4th270 units · 1.6 miaccepted 2019 | Six Garfield333 units · 1.2 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.60Lowest | $1.36 | $0.94 |
| Average Offering PricePer Apartment | $1.53MAbove peers | $1.35M | $1.52M |
| Average PricePer Square Foot | $1,302In line | $1,217 | $1,358 |
| Average Unit SizeSquare Feet | 1,178 SFLarger | 1,107 SF | 1,119 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 575 4th and Six Garfield, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed95% of the homes in Schedule A | 35 of 37 |
| Closing prices vs. Schedule A31 homes: $46,893,678 at closing against $46,688,000 in Schedule A (p. 37, p. 38) | +0.4% |
| Average closing price31 homes, on their Schedule A square feet | $1,293 / SF |
| Closingsfirst and latest recorded | Feb 7, 2020 – Jul 16, 2021 |
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 35 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 8A | Feb 7, 2020 | $1,218,150 | $1,220,000 p. 38 | −0.2% |
| 8B | Feb 7, 2020 | $2,235,525 | $2,295,000 p. 38 | −2.6% |
| 8D | Feb 7, 2020 | $1,725,713 | $2,200,000 p. 38 | −21.6% |
| 5D | Mar 5, 2020 | $2,071,121 | $2,030,000 p. 37 | +2% |
| 8E | Mar 12, 2020 | $1,526,357 | $1,375,000 p. 38 | +11% |
| 7A | Mar 13, 2020 | $1,209,000 | $1,200,000 p. 37 | +0.8% |
| 5E | Mar 18, 2020 | $1,286,634 | $1,275,000 p. 37 | +0.9% |
| 4C | Mar 26, 2020 | $1,549,326 | $1,500,000 p. 37 | +3.3% |
| PHE | Mar 27, 2020 | $1,527,375 | — | — |
| 2B | Mar 30, 2020 | $1,329,933 | $1,250,000 p. 37 | +6.4% |
| 7D | Apr 1, 2020 | $2,421,900 | $2,600,000 p. 37 | −6.8% |
| 6C | Apr 2, 2020 | $1,550,000 | $1,550,000 p. 37 | 0% |
| 4E | Apr 3, 2020 | $1,261,406 | $1,250,000 p. 37 | +0.9% |
| 3B | Apr 7, 2020 | $1,337,091 | $1,279,000 p. 37 | +4.5% |
| 6E | Apr 17, 2020 | $1,374,638 | $1,300,000 p. 37 | +5.7% |
| 6A | Apr 24, 2020 | $1,337,091 | $1,325,000 p. 37 | +0.9% |
| PHB | Apr 24, 2020 | $2,418,344 | — | — |
| 4A | Apr 28, 2020 | $1,246,338 | $1,225,000 p. 37 | +1.7% |
| 7E | Apr 28, 2020 | $1,494,791 | $1,350,000 p. 37 | +10.7% |
| 5A | May 8, 2020 | $1,300,000 | $1,300,000 p. 37 | 0% |
| 5B | May 22, 2020 | $983,897 | $995,000 p. 37 | −1.1% |
| 4B | May 29, 2020 | $1,350,200 | $1,299,000 p. 37 | +3.9% |
| 2E | Jun 24, 2020 | $1,322,707 | $1,175,000 p. 37 | +12.6% |
| 2C | Jul 17, 2020 | $1,507,010 | $1,450,000 p. 37 | +3.9% |
| 2A | Aug 28, 2020 | $800,000 | $800,000 p. 37 | 0% |
| 3C | Oct 28, 2020 | $1,501,919 | $1,475,000 p. 37 | +1.8% |
| 5C | Nov 12, 2020 | $1,527,375 | $1,525,000 p. 37 | +0.2% |
| 4D | Nov 20, 2020 | $1,955,000 | $1,995,000 p. 37 | −2% |
| 6D | Mar 30, 2021 | $1,995,000 | $2,065,000 p. 37 | −3.4% |
| 2D | May 7, 2021 | $1,899,000 | $1,925,000 p. 37 | −1.4% |
| PHD | May 12, 2021 | $1,680,113 | — | — |
| 3E | May 20, 2021 | $1,386,000 | $1,225,000 p. 37 | +13.1% |
| 7B | Jun 2, 2021 | $2,235,059 | $2,250,000 p. 37 | −0.7% |
| 6B | Jul 7, 2021 | $955,500 | $985,000 p. 37 | −3% |
| PHA | Jul 16, 2021 | $1,250,000 | — | — |
Pro
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
- 805 Washington Ave LLC
- Principals
- Levi Balkany, Rachel Medalie
- Counsel
- Marans, Weisz & Newman, LLC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Aristone Capital$31.7 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 856 Washington Avenue Condominiumnext door · 26 units · 2018
- 217-219 Eastern Parkway Condominiumnext door · 12 units · 2011
- 832 Classon Towers Condonext door · 8 units · 2002
- 820 Classon Avenue Condominiumnext door · 8 units · 2026
- 817 Classon Avenue Condominiumnext door · 19 units · 2026
- Prospect Condominiumnext door · 24 units · 14 parking · 2009