THE CONDO BOOK PROJECT

185 Ainslie Street Condominium

185 Ainslie Street, Brooklyn, NY 11221

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Overview

185 Ainslie Street is a new 4-unit condo in Brooklyn.

  • Offering plan: Accepted February 2025 · 336 pages · floor plans on pages 264–265
  • Finishes: Engineered wood floors, quartz kitchen countertops, Fisher & Paykel appliances, washer/dryer hook-ups, Kohler bathroom fittings and split-system units for heating and cooling
  • Prices: $1,647 a square foot on average, as first offered; $9.35 million in all ($9.27 million when first offered)
  • Common charges: $402–$489 a month, the sponsor's first-year estimate
  • Developers: Stuyvesant Group and RH Organization Corp.; principals Royi Hazan
  • Sponsor: 185 Ainslie St Realty LLC, represented by Jeffrey Zwick & Associates, P.C.
  • Neighborhood: Williamsburg, Brooklyn
  • Subway: 4-minute walk to Metropolitan Av/Lorimer St (G, L); 4 minutes to Graham Av (L)
  • Amendments: 2, the latest in February 2026
  1. SubmittedMay 2025
  2. AcceptedFebruary 2025
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

4 of 4homes sold (100%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Jan 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 185 Ainslie Street'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 building1The Grand Manhattan25 units · 0.3 miaccepted 202456 Quincy34 units · 2 miaccepted 2024
Common ChargesPer Square Foot / Month$0.31Lowest$0.40$0.59
Average Offering PricePer Apartment$2.34MAbove peers$2.31M$2.13M
Average PricePer Square Foot$1,647In line$1,709$1,647
Average Unit SizeSquare Feet1,418 SFLarger1,352 SF1,293 SF
Unit mix, amenities, finishes, utilities and operating costs against The Grand Manhattan and 56 QuincyUnlock 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 2 March 2026

Second amendment declares the offering plan effective, reports first unit closing, certificates of occupancy issued, and condominium declaration recorded.

  • Plan declared effective May 12, 2025; one unit (25%) has executed purchase agreement
  • First closing occurred October 23, 2025
  • Temporary certificate of occupancy issued October 15, 2025 (CO #3069031-0000001)
  • Final certificate of occupancy issued January 30, 2026 (CO #3069031-0000003)
  • Declaration of Condominium recorded July 8, 2025 (CRFN #2025000178842)
  • Working capital fund $2,394.85 and reserve fund $266.10 deposited at Mercury Bank
  • One unit (PH1) remains unsold, representing 25% of residential units
  • Board of Managers composed of Royi Hazan and Emre Tekisalp

Amendment 1 Apr 11, 2025

Amendment updates construction completion date, removes cellar door, adds roof warranty, relocates Unit 1 laundry, adjusts unit square footages, and raises prices for Units 2 and PH2.

  • Construction anticipated substantially complete June 2025
  • Rear cellar exterior door removed; cellar areaway access now only from Unit 1's accessory cellar space
  • 10 year limited manufacturer's warranty on roof material only, no installer or labor warranty; usual wear and tear not covered
  • Unit 1 laundry closet in kitchen changed to pantry closet; laundry hookups now in cellar only
  • Unit 1 cellar accessory space 1,069 SF (was 998 SF); areaway 246 SF (was 252 SF)
  • Unit PH2 roof terrace 633 SF (was 637 SF)
  • Unit 2 price $2,200,000.00
  • Unit PH2 price $2,400,000.00
  • Schedule A prices increased for 2 homes (median +2.1%): 2 $2,175,000 → $2,200,000; PH2 $2,350,000 → $2,400,000
What each amendment changed, line by lineSee it free →

Team

Sponsor
185 Ainslie St Realty LLC
Principals
Royi Hazan
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
R6B

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

Nearby

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The Condo Book Project Are 185 Ainslie Street's common charges high for the area? No, they're on the low side. 185 Ainslie Street budgets $0.31 per square foot a month, against a $0.52 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?