205 Freeman Street Condominium
The 205 Freeman Street, Brooklyn, NY 11222
Overview
- Units
- 4 residential
- Subway
- 5 min walk to Greenpoint Av GVernon Blvd-Jackson Av 7, 13 min
- Developer
- Investmates
- Principals
- Jakov Telyas, Idan Shitrit
- Average $/sf
- $1,272Homes in Schedule A, as first offered
- Offering price
- $6 million total
- Floor plans
- Page 16 of the plan
The sponsor of record is 205 Freeman Street LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 325 pages. The sponsor has filed 2 amendments, the latest in November 2021. The nearest other condo plan on file is 174 Eagle Street Condominium, next door.
Plan CD190237 · New · accepted Jun 8, 2020 · AG record ↗
Compare
| Figure | This building1 | 141 Green26 units · 0.2 miaccepted 2020 | 93 South 9th34 units · 1.9 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.46Above peers | $0.42 | $0.41 |
| Average Offering PricePer Apartment | $1.5MBelow peers | $1.55M | $1.74M |
| Average PricePer Square Foot | $1,272Below peers | $1,410 | $1,361 |
| Average Unit SizeSquare Feet | 1,180 SFIn line | 1,100 SF | 1,276 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 141 Green and 93 South 9th, 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 closed75% of the homes in Schedule A | 3 of 4 |
| Closing prices vs. Schedule A3 homes: $4,280,000 at closing against $4,500,000 in Schedule A (p. 30) | −4.9% |
| Average closing price3 homes, on their Schedule A square feet | $1,157 / SF |
| Closingsfirst and latest recorded | Feb 25, 2021 – Sep 30, 2021 |
Sales recorded with the Department of Finance (ACRIS) through Jan 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4A | Feb 25, 2021 | $1,625,000 | $1,700,000 p. 30 | −4.4% |
| 3A | Mar 11, 2021 | $1,295,000 | $1,400,000 p. 30 | −7.5% |
| 2A | Sep 30, 2021 | $1,360,000 | $1,400,000 p. 30 | −2.9% |
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
- 205 Freeman Street LLC
- Developer
- Investmates
- Principals
- Jakov Telyas, Idan Shitrit
- Tax estimate
- Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 174 Eagle Street Condominiumnext door · 4 units · 2026
- 198 Freeman Street Condominiumnext door · 4 units · 2016
- 190 Freeman Condominiumnext door · 8 units · 2007
- 171 Eagle Street Condominiumnext door · 5 units · 2016
- 169 Eagle Condominiumnext door · 7 units · 2019
- 167 Eagle Condominiumnext door · 7 units · 2019