THE CONDO BOOK PROJECT

221 Middleton Street Condominium

221 Middleton Street, Brooklyn, NY 11206

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Overview

221 Middleton Street is a new 10-unit condo in Brooklyn, with 1 storage unit.

  • Offering plan: Accepted September 2025 · 345 pages · floor plans on pages 173–180
  • Finishes: Engineered wood floors, quartz kitchen countertops, Ethra Cucine cabinets, Galanz and GE appliances and washer/dryer hook-ups
  • Prices: $1,621 a square foot on average, as first offered; $25.6 million in all ($24.1 million when first offered)
  • Common charges: $555–$1,545 a month, the sponsor's first-year estimate
  • Sponsor: Ld221 LLC, represented by The Law Office Of Jay Lichtman, PC; principals Raizel Lebowitz
  • Neighborhood: Williamsburg, Brooklyn
  • Subway: 1-minute walk to Lorimer St (J, M); 2 minutes to Broadway (G)
  • Amendments: 2, the latest in July 2026
  1. SubmittedNovember 2025
  2. AcceptedSeptember 2025
  3. 2 amendments

Sales

0 of 10homes sold (0%)

From city records (ACRIS), through Dec 31, 2025.

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 221 Middleton 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 building1221 Frost210 units · 1.1 miaccepted 2025109 Devoe39 units · 0.7 miaccepted 2025
Common ChargesPer Square Foot / Month$0.60Highest$0.52$0.48
Average Offering PricePer Apartment$2.26MHighest$1.44M$1.88M
Average PricePer Square Foot$1,621Below peers$1,653$1,729
Average Unit SizeSquare Feet1,396 SFLargest871 SF1,089 SF
Unit mix, amenities, finishes, utilities and operating costs against 221 Frost and 109 DevoeUnlock 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 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 November 2025

The offering plan has been declared effective as of November 5, 2025, with two units under purchase agreement, and the plan term is extended six months.

  • Plan declared effective as of November 5, 2025
  • Two units (3B and 5A) have executed purchase agreements representing 20% of residential units
  • First unit closing delayed until this amendment is accepted for filing by Department of Law
  • Plan term extended six months from amendment date
What the amendment changed, line by lineSee it free →

Team

Sponsor
Ld221 LLC
Principals
Raizel Lebowitz
Tax estimate
RE Tax Service, LLCPrepared the first-year real estate tax projection
Construction lender
Grande Prezzo$10.5 million recorded
Buyer's lender
U.S. BankThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 212

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

Zoning

Zoning district
R6A

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

Nearby

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The Condo Book Project Are 221 Middleton Street's common charges high for the area? Yes, they're on the high side. 221 Middleton Street budgets $0.60 per square foot a month, against a $0.47 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?