87 Irving Place Condominium
87 Irving Place, Brooklyn, NY 11238
Overview
- Units
- 24 residential
- Subway
- 5 min walk to Franklin Av C SClinton-Washington Avs C, 6 min
- Developer
- Urban View Development Group Inc.
- Principals
- Nadav Hamo
- Average $/sf
- $1,407Homes in Schedule A, as first offered
- Common charges
- $169–$532 a monthSponsor's first-year estimate in Schedule A, July 1, 2024 - June 30, 2025
- Offering price
- $40.5 million total
- Floor plans
- Page 50 of the plan
The sponsor of record is 87 Irving Realty LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 313 pages. The sponsor has filed 2 amendments, the latest in October 2024. The nearest other condo plan on file is 516 Classon Avenue Condominium, next door.
Plan CD230212 · New · accepted May 8, 2024 · AG record ↗
Compare
| Figure | This building1 | 458 St. Marks219 units · 0.4 miaccepted 2024 | Residences At Prospect Place318 units · 0.6 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.27Lowest | $0.57 | $0.65 |
| Average Offering PricePer Apartment | $1.62MAbove peers | $1.55M | $1.35M |
| Average PricePer Square Foot | $1,407Below peers | $1,635 | $1,429 |
| Property TaxesPer Square Foot / Month | $0.64Lowest | $1.67 | $1.14 |
| Average Unit SizeSquare Feet | 1,151 SFLargest | 946 SF | 942 SF |
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Unit mix, closings, budgets, finishes and the team, against 458 St. Marks and Residences At Prospect Place, 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 | 25 of 25 |
| Closing prices vs. Schedule A25 homes: $39,892,906 at closing against $40,480,000 in Schedule A (p. 49) | −1.5% |
| Average closing price25 homes, on their Schedule A square feet | $1,386 / SF |
| Closingsfirst and latest recorded | Dec 20, 2024 – Jun 26, 2025 |
Sales recorded with the Department of Finance (ACRIS) through Jul 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 25 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4A | Dec 20, 2024 | $1,500,000 | $1,535,000 p. 49 | −2.3% |
| 2B | Dec 27, 2024 | $1,460,000 | $1,575,000 p. 49 | −7.3% |
| 3D | Dec 27, 2024 | $1,950,000 | $1,995,000 p. 49 | −2.3% |
| 3B | Dec 30, 2024 | $1,450,000 | $1,495,000 p. 49 | −3% |
| 5A | Jan 3, 2025 | $1,565,000 | $1,565,000 p. 49 | 0% |
| 4D | Jan 13, 2025 | $1,578,288 | $1,550,000 p. 49 | +1.8% |
| 6C | Jan 13, 2025 | $965,000 | $995,000 p. 49 | −3% |
| 2D | Jan 14, 2025 | $899,000 | $930,000 p. 49 | −3.3% |
| 3C | Jan 15, 2025 | $870,000 | $895,000 p. 49 | −2.8% |
| 6B | Jan 15, 2025 | $1,550,000 | $1,595,000 p. 49 | −2.8% |
| PHA | Jan 15, 2025 | $2,895,000 | $2,850,000 p. 49 | +1.6% |
| 5C | Jan 17, 2025 | $960,000 | $975,000 p. 49 | −1.5% |
| 6D | Jan 21, 2025 | $2,100,000 | $2,200,000 p. 49 | −4.5% |
| 4B | Jan 22, 2025 | $1,535,000 | $1,535,000 p. 49 | 0% |
| 4C | Jan 24, 2025 | $1,385,000 | $1,435,000 p. 49 | −3.5% |
| 5B | Jan 27, 2025 | $1,500,000 | $1,565,000 p. 49 | −4.2% |
| 2E | Jan 28, 2025 | $956,000 | $985,000 p. 49 | −2.9% |
| 1C | Jan 29, 2025 | $1,250,000 | $1,250,000 p. 49 | 0% |
| 2C | Jan 29, 2025 | $915,000 | $915,000 p. 49 | 0% |
| 3A | Jan 30, 2025 | $1,495,000 | $1,495,000 p. 49 | 0% |
| 6A | Jan 30, 2025 | $1,595,000 | $1,595,000 p. 49 | 0% |
| 5D | Mar 19, 2025 | $2,169,619 | $2,150,000 p. 49 | +0.9% |
| PHB | Apr 4, 2025 | $2,575,000 | $2,500,000 p. 49 | +3% |
| 1A | Jun 6, 2025 | $2,595,000 | $2,650,000 p. 49 | −2.1% |
| 1B | Jun 26, 2025 | $2,180,000 | $2,250,000 p. 49 | −3.1% |
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
- 87 Irving Realty LLC
- Developer
- Urban View Development Group Inc.
- Principals
- Nadav Hamo
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Popular Bank$16.9 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 516 Classon Avenue Condominiumnext door · 16 units · 2015
- Carlton Condominiumnext door · 28 units · 3 parking · 2012
- Fulton Classon Condominiumnext door · 30 units · 2006
- 1079 Fulton Street Condominiumnext door · 30 units
- 65 Irving Place Condominiumnext door · 6 units · 2019
- 531 Classon Avenue Condominiumnext door · 8 units · 2023