THE CONDO BOOK PROJECT

Sasoon

1198 Jefferson Avenue, Brooklyn, NY 11211

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Overview

Sasoon is a 4-unit condo in Brooklyn.

  • Offering plan: Accepted January 2025 · 356 pages · floor plans on page 33
  • Finishes: Wood floors, quartz kitchen countertops, Hotpoint appliances, washer/dryer hook-ups, Delta bathroom fittings and split-system units for heating and cooling
  • Prices: $971 a square foot on average, as first offered; $4.22 million in all ($3.96 million when first offered)
  • Common charges: $469–$681 a month, the sponsor's first-year estimate
  • Developer: Meadowland Group; principals Gay Sasoon
  • Sponsor: 203 Halsey LLC, represented by Jeffrey Zwick & Associates, P.C.
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 9-minute walk to Halsey St (J); 13 minutes to Wilson Av (L)
  • Amendments: 2, the latest in June 2026
  1. SubmittedJanuary 2025
  2. AcceptedJanuary 2025
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

3 of 4homes sold (75%)
Every sale: 3 homes, with price and dateSee it free →

From city records (ACRIS), through Jul 31, 2026.

First-Year Budget

From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)

Ask Claude or ChatGPT: How do Sasoon's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills.

Each home's estimate, city bills and tax breaksSee it free →

Compare

FigureThis building1129 Malcolm X Blvd24 units · 0.9 miaccepted 2024The 140 Moffat Street35 units · 0.4 miaccepted 2025
Common ChargesPer Square Foot / Month$0.52In line$0.47$0.69
Average Offering PricePer Apartment$991,250In line$1.22M$851,800
Average PricePer Square Foot$971Below peers$1,042$1,058
Average Unit SizeSquare Feet1,021 SFIn line1,174 SF805 SF
Unit mix, amenities, finishes, utilities and operating costs against 129 Malcolm X Blvd and The 140 Moffat StreetUnlock the rest with 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.

Closing Costs

The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.

All 6 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Jan 14, 2025

Offering prices for all unit types are updated.

  • Unit A price: $1,275,000
  • Unit B price: $975,000
  • Unit C price: $990,000
  • Unit PH price: $985,000
What the amendment changed, line by lineSee it free →

Team

Sponsor
203 Halsey LLC
Developer
Meadowland Group
Principals
Gay Sasoon
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection

From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?

Zoning

Zoning district
R6

Today's zoning, from city data (PLUTO 26v2).

Nearby

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The Condo Book Project Are Sasoon's common charges high for the area? No, they're on the low side. Sasoon budgets $0.52 per square foot a month, against a $0.56 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?