THE CONDO BOOK PROJECT

116 2nd Place Condominium

116 2nd Place, Brooklyn, NY 11231

Overview

Units
4 residential
Subway
2 min walk to Carroll St F GSmith-9 Sts F G, 8 min
Offering price
$8.61 million total $8.3 million when first offered

The sponsor of record is 116 2nd Place, LLC, represented by Kunstlinger Law Firm, LLC. The sponsor has filed 3 amendments, the latest in June 2023. The nearest other condo plan on file is 117 3rd Place Condominium, next door.

Plan CD180158 · Rehab · accepted Oct 12, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedSep 7, 2022 – Aug 28, 2023

Sales recorded with the Department of Finance (ACRIS) through Nov 30, 2023: 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 4 closings
HomeRecordedClosing priceSchedule ADifference
2Sep 7, 2022$2,200,000——
3Sep 22, 2022$1,810,000——
4Dec 19, 2022$1,675,000——
1Aug 28, 2023$2,150,000——

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
116 2nd Place, LLC

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

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