89 Union Condominium
89 Union Avenue, Brooklyn, NY 11206
Overview
- Units
- 5 residential
- Subway
- 4 min walk to Broadway GLorimer St J M, 4 min
- Principals
- Rafael Rabinowitz
- Common charges
- $423–$550 a monthSponsor's first-year estimate in Schedule A, July 1, 2023- June 30, 2024
- Offering price
- $9.9 million total
- Floor plans
- Page 36 of the plan
The sponsor of record is Union Corner LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 350 pages. The sponsor has filed 1 amendment, the latest in August 2023. The nearest other condo plan on file is 119-121 Lorimer Street Condominium, next door.
Plan CD220191 · New · accepted Apr 6, 2023 · AG record ↗
Compare
| Figure | This building1 | 29 Havemeyer25 units · 0.9 miaccepted 2023 | The Commodore A/K/A 31 North Elliot Place35 units · 1.5 miaccepted 2023 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.98MAbove peers | $1.92M | $1.75M |
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Unit mix, closings, budgets, finishes and the team, against 29 Havemeyer and The Commodore A/K/A 31 North Elliot Place, 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 closed80% of the homes in Schedule A | 4 of 5 |
| Closing prices vs. Schedule A4 homes: $7,861,470 at closing against $8,000,000 in Schedule A (p. 38) | −1.7% |
| Closingsfirst and latest recorded | Dec 27, 2023 – Jun 30, 2026 |
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 4 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 5 | Dec 27, 2023 | $1,995,770 | $2,000,000 p. 38 | −0.2% |
| 4 | Mar 4, 2024 | $1,832,850 | $1,800,000 p. 38 | +1.8% |
| 1 | Apr 18, 2024 | $2,200,000 | $2,400,000 p. 38 | −8.3% |
| 3 | Jun 30, 2026 | $1,832,850 | $1,800,000 p. 38 | +1.8% |
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
- Union Corner LLC
- Principals
- Rafael Rabinowitz
- Tax estimate
- Korngold Powers LLPPrepared the first-year real estate tax projection
- Construction lender
- Levsky Union L.P.$3.9 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 119-121 Lorimer Street Condominiumnext door · 14 units · 2004
- 115-117 Lorimer Street Condominiumnext door · 14 units · 2004
- 150-152 Middleton Street Condominiumnext door · 14 units · 2004
- 113 Lorimer Street Condominiumnext door · 4 units · 2003
- 146-148 Middleton Street Condominiumnext door · 14 units · 2004
- 88 Union Avenue Condominiumnext door · 10 units · 2014