THE CONDO BOOK PROJECT

84 Meserole Avenue Condominium

84 Meserole Avenue, Brooklyn, NY 11222

Overview

Units
3 residential
Subway
4 min walk to Nassau Av GGreenpoint Av G, 6 min
Average $/sf
$1,437Homes in Schedule A, as first offered
Common charges
$500–$839 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 To December 31, 2023
Offering price
$9.45 million total $6.9 million when first offered

The sponsor of record is 84 Meserole Capital LLC, represented by Eial Girtz, PC. The offering plan runs 290 pages. The sponsor has filed 4 amendments, the latest in March 2024. The nearest other condo plan on file is 78 Meserole Avenue Condominium, next door.

Plan CD220031 · New · accepted May 3, 2022 · AG record ↗

Compare

FigureThis building178 Eagle23 units · 0.6 miaccepted 2022151 Newel34 units · 0.3 miaccepted 2022
Common ChargesPer Square Foot / Month$0.45Highest$0.37$0.36
Average Offering PricePer Apartment$2.3MAbove peers$2.2M$1.87M
Average PricePer Square Foot$1,437In line$1,434$1,540
Property TaxesPer Square Foot / Month$0.80Above peers$0.26$0.74
Average Unit SizeSquare Feet1,601 SFLarger1,535 SF1,214 SF

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Unit mix, closings, budgets, finishes and the team, against 78 Eagle and 151 Newel, 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 closed100% of the homes in Schedule A3 of 3
Closing prices vs. Schedule A3 homes: $8,050,094 at closing against $6,900,000 in Schedule A (p. 37)+16.7%
Average closing price3 homes, on their Schedule A square feet$1,676 / SF
Closingsfirst and latest recordedJun 14, 2023 – Jun 11, 2024

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2025: 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
HomeRecordedClosing priceSchedule ADifference
2Jun 14, 2023$2,775,094$2,300,000 p. 37+20.7%
PHMay 29, 2024$3,320,000$2,500,000 p. 37+32.8%
THJun 11, 2024$1,955,000$2,100,000 p. 37−6.9%

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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.

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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
84 Meserole Capital LLC
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Conventus$2.88 million loan stated in the plan

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

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