THE CONDO BOOK PROJECT

178 Throop Avenue Condominium

178 Throop Avenue, Brooklyn, NY 11206

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Overview

178 Throop Avenue is a new 7-unit condo in Brooklyn.

  • Offering plan: Accepted May 2026 · 340 pages · floor plans on page 34
  • Finishes: 9-foot ceilings, hardwood floors, quartz kitchen countertops, lacquered wood cabinets, Vissani and Hotpoint appliances, washer/dryer hook-ups, Bootz bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $1,203 a square foot on average, as first offered; $14 million in all
  • Developer: Secured Management; principals Yitzchok Schwartz
  • Sponsor: 178 Throop Avenue Trust, represented by Jeffrey Zwick & Associates, PC
  • Subway: 5-minute walk to Flushing Av (J, M); 8 minutes to Lorimer St (J, M)
  1. SubmittedJanuary 2026
  2. AcceptedMay 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 178 Throop Avenue's common charges compare with similar buildings? →

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FigureThis building180 Vernon28 units · 0.4 miaccepted 2026Jefferson Unique Residence37 units · 0.6 miaccepted 2026
Common ChargesPer Square Foot / Month$0.65Highest$0.40$0.46
Average Offering PricePer Apartment$2MHighest$1.65M$1.02M
Average PricePer Square Foot$1,203In line$1,319$1,130
Average Unit SizeSquare Feet1,663 SFLargest1,254 SF900 SF
Unit mix, amenities, finishes, utilities and operating costs against 80 Vernon and Jefferson Unique ResidenceUnlock 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 5 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
178 Throop Avenue Trust
Principals
Yitzchok Schwartz
Tax estimate
RE Tax ServicePrepared the first-year real estate tax projection
Construction lender
Broadview CapitalLender on the mortgage and building loan agreement recorded September 2026 in ACRIS; $10.3 million recorded
General contractor
Ys DevelopersHeld the general construction permit on DOB NOW job B01077912

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

Zoning

Zoning district
R6A
Commercial overlay
C2-4

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

Nearby

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The Condo Book Project Are 178 Throop Avenue's common charges high for the area? Yes, they're on the high side. 178 Throop Avenue budgets $0.65 per square foot a month, against a $0.43 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 7 units, every budget line, Side-by-sideSee it free