THE CONDO BOOK PROJECT

249 18th Street Condominium

249 18th Street, Brooklyn, NY 11215

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Overview

249 18th Street is a new 5-unit condo in Brooklyn.

  • Offering plan: Accepted February 2025 · 288 pages · floor plans on page 4
  • Finishes: Engineered wood floors, quartz kitchen countertops, Fisher & Paykel, Bosch and Blomber appliances, washer/dryer hook-ups and a VRF heat pump system for heating and cooling
  • Prices: $1,410 a square foot on average, as first offered; $11.9 million in all ($10.5 million when first offered)
  • Common charges: $605–$701 a month, the sponsor's first-year estimate
  • Sponsor: 247 18 Street LLC, represented by Tsyngauz & Associates, P.C.
  • Subway: 5-minute walk to Prospect Av (R); 11 minutes to 25 St (R)
  • Amendments: 3, the latest in September 2026
  1. SubmittedJune 2025
  2. AcceptedFebruary 2025
  3. 3 amendments
  4. First sale
  5. Latest sale

Sales

4 of 5homes sold (80%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Sep 30, 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 249 18th Street's common charges compare with similar buildings? →

Property Taxes

The plan's first-year tax estimate, checked against the city's real bills for 3 homes.

Each home's estimate, city bills and tax breaksSee it free →

Compare

FigureThis building1353 20th25 units · 0.2 miaccepted 2024100 16th34 units · 0.2 miaccepted 2025
Common ChargesPer Square Foot / Month$0.45In line$1.47$0.37
Average Offering PricePer Apartment$2.1MHighest$1.57M$1.52M
Average PricePer Square Foot$1,410In line$1,420$1,286
Average Unit SizeSquare Feet1,489 SFLargest1,109 SF1,185 SF
Unit mix, amenities, finishes, utilities and operating costs against 353 20th and 100 16thUnlock 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 4 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 Sep 11, 2025

Price of Unit 1 revised in the offering plan.

Amendment 1 Jun 4, 2025

Offering prices for all units revised with updated Schedule A.

  • Unit 1 (2BR/2BA, 1,275.98 sq ft): $2,100,000
  • Unit 2 (3BR/2BA, 1,542.26 sq ft): $2,400,000
  • Unit 3 (3BR/2BA, 1,542.26 sq ft): $2,350,000
  • Unit 4 (3BR/2BA, 1,542.26 sq ft): $2,475,000
  • Unit 5 (3BR/2BA, 1,542.26 sq ft): $2,500,000
What each amendment changed, line by lineSee it free →

Team

Sponsor
247 18 Street LLC
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
General contractor
V.a.n. ConstructionHeld the general construction permit on DOB NOW job B00803280

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

Zoning

Zoning districts
R6A, R6BThe lot is split between two districts, the largest share first
Commercial overlay
C2-4

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

Nearby

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The Condo Book Project Are 249 18th Street's common charges high for the area? No, they're on the low side. 249 18th Street budgets $0.45 per square foot a month, against a $0.50 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?
Free: all 5 units, every budget line, every saleSee it free