THE CONDO BOOK PROJECT

1043 42nd Street Condominium

1041-1043 42nd Street, Brooklyn, NY 11219

Overview

Units
8 residential
Subway
3 min walk to Fort Hamilton Pkwy D9 Av D, 6 min
Offering price
$5.2 million total

The sponsor of record is 1043 LLC, represented by Law Offices Of Michael Michael, Pllc. The sponsor has filed 2 amendments, the latest in July 2018. The nearest other condo plan on file is 1051-53 42nd Street Condominium, next door.

Plan CD160268 · New · accepted Jul 27, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedMay 31, 2018 – Jun 4, 2020

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 2026: 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 8 closings
HomeRecordedClosing priceSchedule ADifference
3May 31, 2018$610,950——
2Jul 9, 2018$500,000——
6Jul 25, 2018$500,000——
8Jul 26, 2018$450,000——
4Aug 23, 2018$557,869——
1Sep 13, 2018$967,338——
5Oct 25, 2018$652,995——
7Jun 4, 2020$763,688——

Pro

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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
1043 LLC

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

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