THE CONDO BOOK PROJECT

Stanhope Foundry

196 Stanhope Street, Brooklyn, NY 11237

3D massing drawing of Stanhope Foundry, 196 Stanhope Street, Brooklyn, and neighboring buildings
3D massing, not a photo. The building is in green.
Units
10 residential · 1 commercial
Offering price
$10.6 million total $9.71 million when first offered
Average $/sf
$1,135Homes in Schedule A, as first offered
Common charges
$429–$705 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 to December 31, 2026
Construction
New
Accepted
Dec 31, 2025
Plan ID
CD250061

Stanhope Foundry at 196 Stanhope Street, Brooklyn, NY 11237 is a 10-unit new-construction condominium sponsored by Stanhope Real Estate Development LLC. Its condo offering plan, CD250061, is on file with the New York Attorney General and was accepted in December 2025. Schedule A lists the homes at $590,000–$995,000 as first offered, with estimated monthly common charges of $429–$705. The plan includes floor plans (pages 242–244). Its Schedule B budget projects the building's first-year operating expenses and common charges.

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Team

Sponsor
Stanhope Real Estate Development LLC
Developer
Stonehill Development LLCNamed on p. 154 as the company behind the sponsor
Principals
Benjamin Yam, Guan Shawn Wang, Haoji YuNamed on p. 154 as the sponsor's principals
Tax estimate
SJP Tax Consultants Inc.Prepared the first-year real estate tax projection

Budget & Common Charges

Floor Plans & Documents

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