THE CONDO BOOK PROJECT

223 Frost Street Condominium (Alura)

223 Frost Street, Brooklyn, NY 11211

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Overview

Alura is a 7-unit condo in Brooklyn.

  • Offering plan: Accepted February 2025 · 367 pages · floor plans on page 36
  • Finishes: 8'8" ceilings, engineered wood floors, quartz kitchen countertops, washer/dryer hook-ups, GROHE bathroom fittings and split-system units for heating and cooling
  • Prices: $1,656 a square foot on average, as first offered; $8.85 million in all
  • Common charges: $266–$827 a month, the sponsor's first-year estimate
  • Sponsor: 223 Frost St LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Arie Bar Chaim
  • Subway: 8-minute walk to Graham Av (L); 11 minutes to Grand St (L)
  • Amendments: 2, the latest in July 2026
  1. SubmittedAugust 2025
  2. AcceptedFebruary 2025
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

7 of 7homes sold (100%)
Every sale: 7 homes, with price and dateSee it free →

From city records (ACRIS), through Jul 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 Alura'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 building1Hailey26 units · 0.4 miaccepted 2025772 Metropolitan39 units · 0.3 miaccepted 2025
Common ChargesPer Square Foot / Month$0.52Lowest$1.41$0.81
Average Offering PricePer Apartment$1.26MAbove peers$1.07M$1.23M
Average PricePer Square Foot$1,656Above peers$1,574$1,526
Average Unit SizeSquare Feet763 SFIn line678 SF805 SF
Unit mix, amenities, finishes, utilities and operating costs against Hailey and 772 MetropolitanUnlock 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 9 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 1 Aug 21, 2025

Plan declared effective with two units sold, and offering plan term extended by six months.

  • Plan declared effective as of August 14, 2025
  • Two units sold (3F and 4R), representing 28% of residential units
  • Term of Plan extended six months from amendment date
  • First unit closing cannot occur until amendment is accepted for filing
What the amendment changed, line by lineSee it free →

Team

Sponsor
223 Frost St LLC
Principals
Arie Bar Chaim
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
Bullpath Capital$4.2 million recorded
Buyer's lender
CrossCountry MortgageThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 226

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 Alura's common charges high for the area? No, they're on the low side. Alura budgets $0.52 per square foot a month, against a $0.65 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, every saleSee it free