1156 59th Street Condominium
1156 59th Street, Brooklyn, NY 11219
Overview
- Units
- 3 residential · 1 storage
- Subway
- 5 min walk to Fort Hamilton Pkwy N62 St/New Utrecht Av D N, 8 min
- Principals
- David Shtern
- Common charges
- $280–$415 a monthSponsor's first-year estimate in Schedule A, 1/1/2015 - 1/1/2016
- Offering price
- $1.93 million total
- Floor plans
- Page 22 of the plan
The sponsor of record is 1154 59, LLC, represented by The Law Office Of Charles Mandelbaum P.C.. The offering plan runs 269 pages. The nearest other condo plan on file is 1154 59th Street Condominium, next door.
Plan CD130106 · New · accepted Sep 19, 2013 · AG record ↗
Compare
| Figure | This building1 | 708a Degraw23 units · 3.4 miaccepted 2014 | 392 Bergen33 units · 3.7 miaccepted 2011 |
|---|---|---|---|
| Average Offering PricePer Apartment | $603,333Below peers | $700,000 | $1.03M |
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Unit mix, closings, budgets, finishes and the team, against 708a Degraw and 392 Bergen, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 3 of 3 |
| Closing prices vs. Schedule A3 homes: $1,794,674 at closing against $1,810,000 in Schedule A (p. 25) | −0.8% |
| Closingsfirst and latest recorded | Apr 8, 2014 – Jun 19, 2014 |
Sales recorded with the Department of Finance (ACRIS) through Mar 31, 2024: 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.
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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
- 1154 59, LLC
- Principals
- David Shtern
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1154 59th Street Condominiumnext door · 3 units · 2013
- 1152 59th Street Condominiumnext door · 3 units · 2013
- 5816 12th Avenue Condominiumnext door · 3 units · 2006
- 5814 12th Avenue Condominiumnext door · 3 units · 2006
- 1156 58th Street Condominiumnext door · 3 units · 2006
- 1146 58th Street Condominiumnext door · 3 units · 1 parking · 2015