THE CONDO BOOK PROJECT

Crown @ 961 Condominium

961 Washington Avenue, Brooklyn, NY 11225

Compare

Overview

Units
39 residential · 10 storage
Subway
7 min walk to Prospect Park B Q SFranklin Av-Medgar Evers College/Botanic Garden 2 3 4 5 S, 9 min
Developers
Zarasai Group LLC, Pinnacle Group NY LLC, Pinnacle Neiss LLC
Principals
Joel Wiener, Sherry Wiener
Common charges
$292–$843 a monthSponsor's first-year estimate in Schedule A, For First Year of Condominium Operation (assuming January 1, 2022 - December 31, 2022)
Offering price
$17.7 million total $23.2 million when first offered

The sponsor of record is 961 Realty LLC, represented by Pryor Cashman LLP. The offering plan runs 564 pages. The sponsor has filed 5 amendments, the latest in May 2023. The nearest other condo plan on file is 960 Franklin Avenue Condominium, next door.

Plan CD190148 · Conversion · accepted Jan 13, 2021 · AG record ↗

Compare

FigureThis building1Brooklyn Flats236 units · 1 miaccepted 2018Nostrand Avenue320 units · 1.5 miaccepted 2019
Common ChargesPer Square Foot / Month$0.96In line$0.47$0.98
Average Offering PricePer Apartment$452,795Lowest$789,883$747,000
Average PricePer Square Foot$716Lowest$855$998
Average Unit SizeSquare Feet631 SFSmallest924 SF748 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Brooklyn Flats and Nostrand Avenue, cited to the offering plans. No credit card required.

Create a free account
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 closed98% of the homes in Schedule A39 of 40
Closing prices vs. Schedule A19 homes: $7,740,319 at closing against $8,274,000 in Schedule A (p. 53, p. 54)−6.5%
Average closing price19 homes, on their Schedule A square feet$670 / SF
Closingsfirst and latest recordedJun 9, 2022 – Jul 31, 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 39 closings
HomeRecordedClosing priceSchedule ADifference
3BJun 9, 2022$495,000$495,000 p. 530%
3HJun 13, 2022$455,000$460,000 p. 53−1.1%
2DJul 14, 2022$405,000$415,000 p. 53−2.4%
4IJul 15, 2022$432,000$485,000 p. 54−10.9%
4EJul 19, 2022$485,000$499,000 p. 54−2.8%
2JAug 4, 2022$485,000$485,000 p. 530%
4CAug 4, 2022$315,000$315,000 p. 540%
2EAug 9, 2022$495,000$495,000 p. 530%
2FAug 12, 2022$420,000$425,000 p. 53−1.2%
3DSep 7, 2022$258,063$420,000 p. 53−38.6%
1CSep 8, 2022$218,010$215,000 p. 53+1.4%
1ESep 30, 2022$400,000$460,000 p. 53−13%
1IOct 24, 2022$465,000$480,000 p. 53−3.1%
2HNov 17, 2022$465,000$455,000 p. 53+2.2%
1GJun 2, 2023$374,999$355,000 p. 53+5.6%
4DJul 31, 2023$460,000$430,000 p. 54+7%
1BSep 20, 2023$377,715$445,000 p. 53−15.1%
4GMar 18, 2024$292,032$480,000 p. 54−39.2%
3GDec 10, 2025$442,500$460,000 p. 53−3.8%
1AJul 31, 2026$3,182,400one deed, 20 homes$450,000 p. 53—
1DJul 31, 2026$3,182,400one deed, 20 homes$405,000 p. 53—
1HJul 31, 2026$3,182,400one deed, 20 homes$390,000 p. 53—
1JJul 31, 2026$3,182,400one deed, 20 homes$495,000 p. 53—
2AJul 31, 2026$3,182,400one deed, 20 homes$600,000 p. 53—
2BJul 31, 2026$3,182,400one deed, 20 homes$460,000 p. 53—
2CJul 31, 2026$3,182,400one deed, 20 homes$310,000 p. 53—
2GJul 31, 2026$3,182,400one deed, 20 homes$465,000 p. 53—
2IJul 31, 2026$3,182,400one deed, 20 homes$455,000 p. 53—
3AJul 31, 2026$3,182,400one deed, 20 homes$610,000 p. 53—
3CJul 31, 2026$3,182,400one deed, 20 homes$325,000 p. 53—
3EJul 31, 2026$3,182,400one deed, 20 homes$500,000 p. 53—
3FJul 31, 2026$3,182,400one deed, 20 homes$410,000 p. 53—
3IJul 31, 2026$3,182,400one deed, 20 homes$490,000 p. 53—
3JJul 31, 2026$3,182,400one deed, 20 homes$505,000 p. 53—
4AJul 31, 2026$3,182,400one deed, 20 homes$620,000 p. 54—
4BJul 31, 2026$3,182,400one deed, 20 homes$500,000 p. 54—
4FJul 31, 2026$3,182,400one deed, 20 homes$440,000 p. 54—
4HJul 31, 2026$3,182,400one deed, 20 homes$470,000 p. 54—
4JJul 31, 2026$3,182,400one deed, 20 homes$485,000 p. 54—

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

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
961 Realty LLC
Developers
Zarasai Group LLC, Pinnacle Group NY LLC, Pinnacle Neiss LLC
Principals
Joel Wiener, Sherry Wiener

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

Nearby