316 Rutledge Street Condominium
316 Rutledge Street, Brooklyn, NY 11211
Overview
316 Rutledge Street is a new condo in Brooklyn, with 1 parking unit, 1 storage unit and 9 commercial units.
- Offering plan: Accepted June 2025 · 311 pages · floor plans on page 31
- Prices: $1,000 a square foot on average, as first offered; $45.9 million in all
- Common charges: $312–$902 a month, the sponsor's first-year estimate
- Sponsor: Sig 314 Rutledge LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.; principals Abraham Brach
- Subway: 2-minute walk to Broadway (G); 3 minutes to Hewes St (J, M)
- Amendments: 2, the latest in February 2026
- Units
- 1 parking · 1 storage · 9 commercial
- Subway
- 2 min walk to Broadway GHewes St J M, 3 min
- Principals
- Abraham Brach
- Average $/sf
- $1,000Homes in Schedule A, as first offered
- Common charges
- $312–$902 a monthSponsor's first-year estimate in Schedule A, July 1, 2025 - June 30, 2026
- Offering price
- $45.9 million total
- Floor plans
- Page 31 of the plan
- SubmittedAugust 2025
- AcceptedJune 2025
- 2 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Sep 30, 2026.
First-Year Budget
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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 6 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Feb 18, 2026
Plan declared effective with two units sold, Unit 3 price updated to $10,240,000.00, and offering plan term extended by six months.
- Plan declared effective as of August 14, 2025
- Units 3 & 7 sold, representing 22.00% of units
- Unit 3 price updated to $10,240,000.00
- Offering plan term extended for six (6) months
Team
- Sponsor
- Sig 314 Rutledge LLC
- Principals
- Abraham Brach
- Tax estimate
- Re tax Service, IncPrepared the first-year real estate tax projection
- Construction lender
- Levon Capital$10.6 million recorded
- General contractor
- Preferred GC GroupHeld the general construction permit on DOB NOW job B00811066
- Property report
- Alexander Sheyman, P.E.Prepared the plan's description of the property and its condition · Named on p. 116
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Nearby
- Parsons Corners At Lynbrook Condominiumnext door · 16 units · 2025
- 545 Broadway Condominium0.2 mi · 2025
- 221 Middleton Street Condominium0.2 mi · 10 units · 2025
- 200 Middleton Residence0.2 mi · 3 units · 2024
- 89 Union Condominium0.2 mi · 5 units · 2023
- 125 Middleton Street Condominium0.2 mi · 4 units · 2025
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