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Condominium
393 Greene Avenue
393 Greene Avenue, Brooklyn, NY 11216
Buildings·Condominium

393 Greene Avenue

393 Greene Avenue, Brooklyn, NY 11216

Bedford-Stuyvesant, Brooklyn

BBL 3019540031 · BIN 3055821

At a glance
Type
Condominium
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A Private Pricing Opinion — what your apartment at 393 Greene Avenue would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

As seen inThe Wall Street Journal★ 92 reviews on Google

393 Greene Avenue is a planned five-residence condominium on Greene Avenue in Bedford-Stuyvesant, a block east of Franklin Avenue. The sponsor is adding four floors to a two-story building from 1901, taking it to six stories and 73 feet. The Attorney General accepted the offering plan on July 7, 2026, at $11,149,000, an average of $2,229,800 per home.

That average is high for a five-unit Bed-Stuy building. Published construction reporting puts the residential area at 8,697 square feet, an average of about 1,739 square feet per home, so the plan prices the building at roughly $1,280 per square foot blended. Expect large homes, likely full floors, rather than a mix of small units.

The plan was accepted before vertical construction began. A buyer here would be contracting on plans and specifications, with delivery dependent on a build that has only just been permitted.

Architecture and residences

City records describe the existing building as a two-story structure from 1901 on a 29-by-75-foot lot, about 1,940 square feet, with three apartments; the Department of Buildings filing counts two. The lot is zoned R7A with a commercial overlay, which allows considerably more bulk than the existing building uses.

BASCH A+D filed the job in January 2025. It proposes a four-story extension over the existing two stories and cellar, producing a six-story, 73-foot residential building with five homes and about 11,700 square feet of construction floor area. Published construction reporting describes a steel structure with a cellar and a 10-foot rear yard. The general construction permit issued June 26, 2026, with excavation-protection and underpinning permits issued the same week. As of late October 2026, the structural and foundation filing and a September amendment to the main job were open with examiner objections.

No floor plans, finishes or amenities have been published. Unit sizes and layouts are in the plan's Schedule A.

Offering and pricing

Per the offering plan filed with the New York State Attorney General (plan CD250440), the plan was submitted December 31, 2025 and accepted July 7, 2026 at a total offering price of $11,149,000 for five residential units, with 393 Greene LLC as sponsor. The record's initial and current prices are the same, and it shows no effective date and no units sold. We could not retrieve the amendment history in this review.

We found no asking prices in listing records as of October 2026. The plan's average of $2,229,800 per home is the best available indication until the sponsor lists. No closings are possible until the building is built and holds at least a temporary certificate of occupancy.

Local Law 97

Compliance status
Below the individual-building threshold

This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.

See full Local Law 97 analysis →
For owners

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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

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What to know if you’re buying

Buying off plan. Contracts signed now are for homes that do not yet exist. Read the plan's construction schedule, the sponsor's right to change specifications, and the outside date after which you may cancel.

Deposit and escrow. New-development contracts typically require a 10% deposit held in escrow, with some sponsors asking for 20%. The plan states this building's terms.

Effectiveness. The plan is not yet effective. The sponsor must sell a set percentage of units before declaring it effective, and the plan says what happens to deposits if it never does.

Construction risk. Open examiner objections on the structural filing are routine at this stage but can delay work. Ask sponsor counsel for the current construction timeline.

Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%) and the New York City real property transfer tax (1.425% above $500,000), plus the mansion tax of 1.25% from $2 million to $3 million. On a $2.23 million home that is about $40,700 in transfer taxes and $27,900 in mansion tax. Use the calculators below.

Tax position. No abatement has been disclosed. Confirm the first-year tax projection in the plan.

Comparable buildings

If you're considering 393 Greene Avenue, also look at these Bedford-Stuyvesant and Clinton Hill condominiums:

  • 323 Greene Avenue — an eight-home entrance in the 48-residence Lineage condominium, a short walk west on Greene Avenue
  • 226 Clifton Place — 24 apartments over retail at Bedford Avenue, sold out in 2017–18
  • 125 Clifton Place — six-residence conversion with garden duplexes and upper triplexes
  • 134 Quincy Street — six-residence condominium with a shared roof deck
  • 244 Franklin Avenue — twelve-home elevator condominium with balconies
  • 252 Greene Avenue — Clinton Court, an 1890s building converted to twelve condominiums

More Bedford-Stuyvesant buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Bedford-Stuyvesant.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com