THE CONDO BOOK PROJECT

820 Classon Avenue Condominium

820 Classon Avenue, Brooklyn, NY 11238

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Overview

Units
8 residential
Subway
5 min walk to Eastern Pkwy-Brooklyn Museum 2 3Franklin Av-Medgar Evers College/Botanic Garden 2 3 4 5 S, 5 min
Principals
Idan Shitrit
Average $/sf
$1,416Homes in Schedule A, as first offered
Common charges
$270–$1,121 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 – December 31, 2026
Offering price
$11.4 million total

The sponsor of record is Classon Bk Development LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 332 pages. The sponsor has filed 1 amendment, the latest in April 2026. The nearest other condo plan on file is 832 Classon Towers Condo, next door.

Plan CD250184 · New · accepted Apr 10, 2026 · AG record ↗

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FigureThis building1598 Sterling Place27 units · 0.1 miaccepted 202587 Winthrop38 units · 1.1 miaccepted 2026
Common ChargesPer Square Foot / Month$0.59In line$0.87$0.57
Average Offering PricePer Apartment$1.43MHighest$945,000$1.14M
Average PricePer Square Foot$1,416Above peers$1,401$1,188
Property TaxesPer Square Foot / Month$0.55Lowest$1.22$0.92
Average Unit SizeSquare Feet1,007 SFLarger674 SF962 SF

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See the Full Comp

Unit mix, closings, budgets, finishes and the team, against 598 Sterling Place and 87 Winthrop, 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 closed75% of the homes in Schedule A6 of 8
Closing prices vs. Schedule A6 homes: $7,828,188 at closing against $7,965,000 in Schedule A (p. 30)−1.7%
Average closing price6 homes, on their Schedule A square feet$1,298 / SF
Closingsfirst and latest recordedJul 13, 2026 – Sep 8, 2026

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 6 closings
HomeRecordedClosing priceSchedule ADifference
2RJul 13, 2026$802,254$795,000 p. 30+0.9%
1RJul 16, 2026$860,421$795,000 p. 30+8.2%
5FAug 10, 2026$1,900,000$2,000,000 p. 30−5%
4FAug 11, 2026$1,875,000$1,900,000 p. 30−1.3%
2FAug 27, 2026$675,000$675,000 p. 300%
3FSep 8, 2026$1,715,513$1,800,000 p. 30−4.7%

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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.

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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
Classon Bk Development LLC
Principals
Idan Shitrit
Tax estimate
MGNY Consulting CorporationPrepared the first-year real estate tax projection

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

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