Two Sixteen Condominium
216 20th Street, Brooklyn, NY 11232
Overview
Two Sixteen is a new 6-unit condo in Brooklyn, with 4 storage units.
- Offering plan: Accepted January 2025 · 287 pages · floor plans on pages 211–214
- Finishes: Engineered wood floors, quartz kitchen countertops, Blomberg, Bertazzoni and Bosch appliances, a washer and dryer in each apartment, Grohe bathroom fittings and a VRF heat pump system for heating and cooling
- Prices: $1,606 a square foot on average, as first offered; $7.92 million in all
- Common charges: $287–$800 a month, the sponsor's first-year estimate
- Sponsor: 216 20th St LLC, represented by Eial Girtz, PC; principals Kevin Wey
- Subway: 5-minute walk to Prospect Av (R); 7 minutes to 25 St (R)
- Amendments: 3, the latest in July 2026
- Units
- 6 residential · 4 storage
- Subway
- 5 min walk to Prospect Av R25 St R, 7 min
- Principals
- Kevin Wey
- Average $/sf
- $1,606Homes in Schedule A, as first offered
- Common charges
- $287–$800 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 To June 30, 2026
- Offering price
- $7.92 million total
- Floor plans
- Pages 211–214 of the plan
- SubmittedOctober 2025
- AcceptedJanuary 2025
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
5 of 6homes sold (83%)
From city records (ACRIS), through Aug 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 Two Sixteen'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
| Figure | This building1 | 353 20th25 units · 0.3 miaccepted 2024 | Opal 33311 units · 0.7 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.71In line | $1.47 | $0.62 |
| Average Offering PricePer Apartment | $1.31MIn line | $1.57M | $1.15M |
| Average PricePer Square Foot | $1,606Above peers | $1,420 | $1,510 |
| Average Unit SizeSquare Feet | 818 SFIn line | 1,109 SF | 762 SF |
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 7 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 1 Oct 22, 2025
Plan declared effective after one unit sold, extending the offering period by 6 months.
- Plan declared effective October 9, 2025 based on sale of one residential unit (16.65% of six units)
- Plan extended for 6 months
- Units 2 and 3 now in contract
- One additional unit entered into contract after plan declared effective
Team
- Sponsor
- 216 20th St LLC
- Principals
- Kevin Wey
- Counsel
- Eial Girtz, PC
- Tax estimate
- Highpoint Incentive Inc.Prepared the first-year real estate tax projection
- Construction lender
- Great Union Investment
- General contractors
- Yilong Construction, Linkage ConstructionHeld the general construction permit on DOB NOW job B08047782
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Nearby
- Luminanext door · 26 units · 2024
- 179 19th Street Condominiumnext door · 2 units · 2026
- 248 20th Street Condominiumnext door · 4 units · 2026
- 193 22nd Street Condominiumnext door · 3 units · 2025
- Wanlong Condominium0.1 mi · 21 units · 11 parking · 2025
- 265 20th Avenue Condominium0.1 mi · 8 units · 2024
Free in ChatGPT or Claude
Ask Claude or ChatGPT about Two Sixteen
The fastest way to know any condo or co-op
Get Connected →