297 Wallabout Street Condominium
297 Wallabout Street, Brooklyn, NY 11206
Overview
297 Wallabout Street is an 8-unit condo in Brooklyn.
- Offering plan: Accepted August 2023 · 344 pages · floor plans on page 17
- Finishes: Hardwood floors, quartz kitchen countertops, plywood/MDF cabinets, Frigidaire and GE appliances, washer/dryer hook-ups and Delta bathroom fittings
- Prices: $1,006 a square foot on average, as first offered; $16.3 million in all
- Common charges: $225–$507 a month, the sponsor's first-year estimate
- Sponsor: Wallabout 295 Group LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Joel Mittelman
- Neighborhood: Williamsburg, Brooklyn
- Subway: 3-minute walk to Lorimer St (J, M); 5 minutes to Flushing Av (G)
- Amendments: 3, the latest in July 2026
- Units
- 8 residential
- Neighborhood
- Williamsburg, Brooklyn
- Subway
- 3 min walk to Lorimer St J MFlushing Av G, 5 min
- Principals
- Joel Mittelman
- Average $/sf
- $1,006Homes in Schedule A, as first offered
- Common charges
- $225–$507 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 - December 31, 2024
- Offering price
- $16.3 million total
- Floor plans
- Page 17 of the plan
- SubmittedAugust 2024
- AcceptedAugust 2023
- 3 amendments
Units & Prices
Sales
0 of 8homes sold (0%)
From city records (ACRIS), through Nov 30, 2025.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
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 →Closing Costs
The plan lists what a buyer pays at closing.
All 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Jun 16, 2025
Plan declared effective with three units sold; closing delayed until amendment filing; plan term extended six months.
- Plan declared effective June 12, 2025 with 3 units sold (37% of residential units)
- First unit closing cannot occur until this amendment is accepted for filing
- Plan term extended six (6) months from amendment date
Team
- Sponsor
- Wallabout 295 Group LLC
- Principals
- Joel Mittelman
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Golden Bridge$14 million recorded
- General contractors
- Blue Elm, Skyward DevelopersHeld the general construction permit on DOB job 321598614
- Buyer's lender
- ABC Mortgage CorpThe sponsor's preferred mortgage lender; you can use another, though the mortgage contingency is offered through the sponsor's lender · Named on p. 210
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R7A
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 87 Gerry Street Condominiumnext door · 4 units · 2023
- Gerry Gardens Condominiumnext door · 5 units · 2024
- 77 Gerry Street Condominiumnext door · 4 units · 2025
- 352 Wallabout Street Condominiumnext door · 58 units · 1 parking · 2024
- 66 Gerry Street Condominiumnext door · 3 units · 2026
- 60 Gerry Street Condominiumnext door · 3 units · 2026
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