1064 Hancock Street Condominium
1064 Hancock Street, Brooklyn, NY 11221
Overview
- Units
- 10 residential · 8 storage
- Subway
- 5 min walk to Halsey St JChauncey St J Z, 11 min
- Average $/sf
- $982Homes in Schedule A, as first offered
- Offering price
- $6.52 million total $7.33 million when first offered
- Floor plans
- Page 100 of the plan
The sponsor of record is Mp Bristol I, LLC, represented by Eial Girtz, PC. The offering plan runs 284 pages. The sponsor has filed 2 amendments, the latest in August 2023. The nearest other condo plan on file is 1255 Bushwick Avenue Condominium, next door.
Plan CD210293 · New · accepted Feb 3, 2023 · AG record ↗
Compare
| Figure | This building1 | 1526 Lincoln Place28 units · 1.5 miaccepted 2023 | 46 Kossuth Place310 units · 0.7 miaccepted 2022 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.52Above peers | $0.51 | $0.48 |
| Average Offering PricePer Apartment | $622,236Below peers | $673,000 | $922,200 |
| Average PricePer Square Foot | $982In line | $976 | $1,023 |
| Average Unit SizeSquare Feet | 664 SFSmaller | 690 SF | 901 SF |
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Unit mix, closings, budgets, finishes and the team, against 1526 Lincoln Place and 46 Kossuth Place, cited to the offering plans. No credit card required.
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- 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.
Units & Prices
Closings Pro
| Homes closed82% of the homes in Schedule A | 9 of 11 |
| Closing prices vs. Schedule A8 homes: $4,397,660 at closing against $4,473,073 in Schedule A (p. 40) | −1.7% |
| Average closing price9 homes, on their Schedule A square feet | $940 / SF |
| Closingsfirst and latest recorded | Sep 14, 2023 – Jul 15, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 9 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 101 | Sep 14, 2023 | $411,400 | $411,400 p. 40 | 0% |
| 402 | Sep 14, 2023 | $420,000 | $355,776 p. 40 | +18.1% |
| 202 | Sep 19, 2023 | $377,614 | $372,400 p. 40 | +1.4% |
| 301 | Sep 19, 2023 | $950,822 | $900,822 p. 40 | +5.6% |
| 302 | Oct 23, 2023 | $392,824 | $387,400 p. 40 | +1.4% |
| 203 | Dec 13, 2023 | $600,000 | $683,000 p. 40 | −12.2% |
| 303 | Jan 30, 2024 | $615,000 | $698,000 p. 40 | −11.9% |
| 403 | Mar 18, 2024 | $630,000 | $664,275 p. 40 | −5.2% |
| 201 | Jul 15, 2024 | $905,000 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- Mp Bristol I, LLC
- Counsel
- Eial Girtz, PC
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Alcova Origination$3.2 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1255 Bushwick Avenue Condominiumnext door · 32 units · 16 parking · 2017
- 1043 Halsey Street Condominiumnext door · 5 units · 2019
- 1261 Bushwick Avenue Condominiumnext door · 3 units
- 1020 Hancock Street Condominiumnext door · 8 units · 2024
- 1019 Hancock Street Condominiumnext door · 8 units · 2024
- 80 Cornelia Street Condominiumnext door · 3 units · 2025