THE CONDO BOOK PROJECT

Gerry Gardens Condominium

91 Gerry Street, Brooklyn, NY 11211

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Overview

Gerry Gardens is a new 5-unit condo in Brooklyn, with 1 commercial unit.

  • Offering plan: Accepted September 2024 · 346 pages · floor plans on page 23
  • Finishes: Hardwood floors, quartz kitchen countertops, acrylic cabinets, washer/dryer hook-ups, Delta bathroom fittings and a VRF heat pump system for heating and cooling
  • Prices: $1,443 a square foot on average, as first offered; $21.5 million in all
  • Common charges: $99–$1,394 a month, the sponsor's first-year estimate
  • Sponsor: Gerry Gardens LLC, represented by The Law Office Of Jay Lichtman, P.C.; principals Moses Karpen
  • Neighborhood: Williamsburg, Brooklyn
  • Subway: 3-minute walk to Lorimer St (J, M); 4 minutes to Flushing Av (G)
  • Amendments: 2, the latest in April 2025
  1. SubmittedFebruary 2025
  2. AcceptedSeptember 2024
  3. 2 amendments
  4. First sale
  5. Latest sale

Sales

4 of 6homes sold (67%)
Every sale: 4 homes, with price and dateSee it free →

From city records (ACRIS), through Jul 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 Gerry Gardens'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 building130 Bartlett26 units · 0.1 miaccepted 202574 Jackson35 units · 1 miaccepted 2024
Common ChargesPer Square Foot / Month$0.41In line$0.25$0.47
Average Offering PricePer Apartment$3.58MHighest$3.08M$1.51M
Average PricePer Square Foot$1,443In line$1,266$1,469
Average Unit SizeSquare Feet2,484 SFLarger2,435 SF1,025 SF
Unit mix, amenities, finishes, utilities and operating costs against 30 Bartlett and 74 JacksonUnlock 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 7 closing costs in the plan, with their pagesSee it free →

Team

Sponsor
Gerry Gardens LLC
Principals
Moses Karpen
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Parke Bank$8.95 million recorded
General contractor
Waterfront Property MgmtHeld the general construction permit on DOB NOW job B00635897
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. 209

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

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The Condo Book Project Are Gerry Gardens's common charges high for the area? Yes, they're on the high side. Gerry Gardens budgets $0.41 per square foot a month, against a $0.25 median for the 10 most similar Brooklyn plans.Schedule A Do you want to see the list of similar buildings?