48 Stanhope Street Condominium
48 Stanhope Street, Brooklyn, NY 11221
Overview
48 Stanhope Street is a new 8-unit condo in Brooklyn.
- Offering plan: Accepted May 2025 · 270 pages · floor plans on page 12
- Finishes: 9'7" ceilings, engineered wood floors, quartz kitchen countertops, plywood cabinets, Fisher & Paykel appliances, washer/dryer hook-ups, Miseno bathroom fittings and split-system units for heating and cooling
- Prices: $1,107 a square foot on average, as first offered; $6.95 million in all
- Common charges: $364–$562 a month, the sponsor's first-year estimate
- Sponsor: 48 Stanhope LLC, represented by Eial Girtz, PC; principals Itzhak Maman, Amir Tamuz, Chaim Junik and Itshak T. Agaeliahu
- Subway: 5-minute walk to Kosciuszko St (J); 6 minutes to Central Av (M)
- Amendments: 3, the latest in September 2026
- Units
- 8 residential
- Subway
- 5 min walk to Kosciuszko St JCentral Av M, 6 min
- Principals
- Itzhak Maman, Amir Tamuz, Chaim Junik, Itshak T. Agaeliahu
- Average $/sf
- $1,107Homes in Schedule A, as first offered
- Common charges
- $364–$562 a monthSponsor's first-year estimate in Schedule A, January 1, 2026 To December 31, 2026
- Offering price
- $6.95 million total
- Floor plans
- Page 12 of the plan
- SubmittedNovember 2025
- AcceptedMay 2025
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
5 of 8homes sold (63%)
From city records (ACRIS), through May 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 48 Stanhope Street'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
| Figure | This building1 | The Harman28 units · 0.1 miaccepted 2025 | Pulaski Gardens37 units · 1 miaccepted 2025 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.53Below peers | $0.55 | $0.60 |
| Average Offering PricePer Apartment | $868,375Above peers | $820,625 | $852,143 |
| Average PricePer Square Foot | $1,107In line | $1,130 | $1,049 |
| Average Unit SizeSquare Feet | 785 SFIn line | 726 SF | 812 SF |
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 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 Mar 2, 2026
Plan extended 6 months; Declaration recorded; Final Certificate of Occupancy issued; two units closed, one in contract, five unsold.
- Plan extended for 6 months
- Declaration of Condominium recorded December 10, 2025
- Final Certificate of Occupancy issued December 9, 2025
- First closing (Unit 2R) January 20, 2026; Unit 1R also closed; Unit 3R in contract
- Units 1F, 2F, 3F, 4F, 4R remain unsold
- Common charges and real estate taxes listed for unsold units
- Working capital account balance $727.66; reserve account $0.00 (target $4,000.00)
- Sponsor covering all operating costs; delaying common charges collection
Amendment 1 October 2025
First amendment extends the plan for 6 months and declares it effective based on two units in contract.
- Plan extended for 6 months
- Plan declared effective October 30, 2025 based on two units in contract (25% of eight residential units)
- Units 2R and 3R are in contract
- None of the units are rented or occupied
Team
- Sponsor
- 48 Stanhope LLC
- Principals
- Itzhak Maman, Amir Tamuz, Chaim Junik, Itshak T. Agaeliahu
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, IncPrepared the first-year real estate tax projection
- Construction lender
- S3 Capital$3.6 million loan stated in the plan
- General contractors
- Sat Construction Services, NYC Building SolutionsHeld the general construction permit on DOB NOW job B00946752
- Property report
- Demerara Engineering, PLLCPrepared the plan's description of the property and its condition · Named on p. 130
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
- 53 Stanhope Street Condominiumnext door · 8 units · 2024
- 64 Stanhope Street Condominiumnext door · 8 units · 2019
- 54 Himrod Street Condominiumnext door · 6 units · 2020
- 78 Harman Street Condominium0.1 mi · 8 units · 2025
- 1249 Dekalb Avenue Condominium0.1 mi · 6 units · 2019
- 1269 Dekalb Avenue Condominium0.1 mi · 10 units · 2020
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