THE CONDO BOOK PROJECT

Josephine Condominium

343 Menahan Street, Brooklyn, NY 11237

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Overview

Josephine is a new 10-unit condo in Brooklyn.

  • Offering plan: Accepted December 2024 · 376 pages · floor plans on page 23
  • Finishes: 10-foot ceilings, quartz kitchen countertops, Summit, Fulgor Milano and Frigidaire appliances, washer/dryer hook-ups, Kohler bathroom fittings and ducted heat pumps for heating and cooling
  • Prices: $1,089 a square foot on average, as first offered; $10.1 million in all ($9.76 million when first offered)
  • Common charges: $339–$763 a month, the sponsor's first-year estimate
  • Developer: Bees Construction Services; principals Tal Bloch and Aaron Yassin
  • Sponsor: 343 Menahan Property LLC, represented by The Law Office Of Jay Lichtman, P.C.
  • Neighborhood: Bushwick, Brooklyn
  • Subway: 4-minute walk to Myrtle-Wyckoff Avs (L, M); 5 minutes to DeKalb Av (L)
  • Amendments: 2, the latest in May 2025
  1. SubmittedApril 2025
  2. AcceptedDecember 2024
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

10 of 10homes sold (100%)
Every sale: 10 homes, with price and dateSee it free →

From city records (ACRIS), through Jan 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 Josephine'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 building1Role Bk210 units · 1 miaccepted 202448 Stanhope38 units · 0.7 miaccepted 2025
Common ChargesPer Square Foot / Month$0.57Above peers$0.34$0.53
Average Offering PricePer Apartment$971,500Above peers$725,230$868,375
Average PricePer Square Foot$1,089Below peers$1,111$1,107
Average Unit SizeSquare Feet892 SFLarger653 SF785 SF
Unit mix, amenities, finishes, utilities and operating costs against Role Bk and 48 StanhopeUnlock 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 plan lists what a buyer pays at closing.

All 8 closing costs in the plan, with their pagesSee it free →

Amendments

Amendment 2 May 9, 2025

Second Amendment updates construction status, building systems specifications, storage room count, and unit finishes for the Josephine Condominium.

  • Temporary Certificate of Occupancy expected in June 2025; Final Certificate of Occupancy expected 3-6 months later
  • Storage rooms increased from 6 to 7 in the cellar, to be sold as licenses
  • Lot line windows added to Units 2C, 3C, and 4A on floors 2-4 facing living/dining rooms
  • Windows changed to double glazed uPVC Dual Action Windows BluEvolution 82 system, black exterior/white interior
  • No acoustical underlayment or Rockwool batts in floor and ceiling assemblies; 8" concrete slab suggests STC and IIC ratings above 50
  • Interior stairs for Units 4A and 4B changed to wood structure (not concrete cast in place)
  • Wood flooring specified as engineered White Oak, 5-1/8" wide, ½" thick with 3mm wear layer
  • Kitchen and bathroom fixtures and appliances specified by brand and model
  • Schedule A prices increased for 4 homes (median +3.8%): 2A $850,000 → $860,000; 2B $925,000 → $995,000; 2C $650,000 → $675,000; 3C $675,000 → $695,000
  • Schedule A prices decreased for 2 homes (median -1.1%): 1A $1,100,000 → $995,000; 3A $890,000 → $880,000

Amendment 1 Feb 4, 2025

Offering prices for 8 units amended, plan declared effective with 4 units under contract, and term extended 6 months.

  • Unit 1A price set to $995,000
  • Unit 2A price set to $860,000
  • Unit 2B price set to $995,000
  • Unit 2C price set to $675,000
  • Unit 3A price set to $880,000
  • Unit 3C price set to $695,000
  • Unit 4A price set to $1,380,000
  • Unit 4B price set to $1,350,000
What each amendment changed, line by lineSee it free →

Team

Sponsor
343 Menahan Property LLC
Principals
Tal Bloch, Aaron Yassin
Tax estimate
Berish LichtmanPrepared the first-year real estate tax projection
Construction lender
S3 Capital$4.6 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. 6

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

Zoning

Zoning district
R6

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

Nearby

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The Condo Book Project Are Josephine's common charges high for the area? Yes, they're on the high side. Josephine budgets $0.57 per square foot a month, against a $0.46 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?