THE CONDO BOOK PROJECT

100 Summit Street Condominium

100 Summit Street, Brooklyn, NY 11231

Overview

Units
3 residential
Subway
11 min walk to Carroll St F GSmith-9 Sts F G, 15 min
Offering price
$6.29 million total

The sponsor of record is 100 Summit, LLC, represented by Paul A. Leff, Esq.. The nearest other condo plan on file is 102 Summit Street Condominium, next door.

Plan CD160319 · Rehab · accepted Jan 30, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan3 of 3
Closingsfirst and latest recordedSep 8, 2017 – Feb 27, 2020

Sales recorded with the Department of Finance (ACRIS) through Mar 31, 2022: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 3 closings
HomeRecordedClosing priceSchedule ADifference
3Sep 8, 2017$2,050,000——
2Oct 2, 2017$1,109,893——
1Feb 27, 2020$1,800,000——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Team

Sponsor
100 Summit, LLC
Construction lender
S3 CapitalLender on the mortgage and building loan agreement recorded October 2015 in ACRIS; $3.1 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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