THE CONDO BOOK PROJECT

1174 42nd Street Condominium

1174 42nd Street, Brooklyn, NY 11219

Overview

Units
2 residential · 1 storage
Subway
5 min walk to Fort Hamilton Pkwy D50 St D, 8 min
Offering price
$4.11 million total $505,000 when first offered

The sponsor of record is Venture 42, LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The sponsor has filed 3 amendments, the latest in August 2020. The nearest other condo plan on file is 1176 42nd Street Condominium, next door.

Plan CD150324 · New · accepted Apr 19, 2016 · AG record ↗

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Closings Pro

Homes closed100% of the homes in the plan2 of 2
Closingsfirst and latest recordedDec 19, 2018 – Apr 5, 2019

Sales recorded with the Department of Finance (ACRIS) through May 31, 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 4 closings
HomeRecordedClosing priceSchedule ADifference
3Dec 19, 2018$865,513——
2Feb 19, 2019$831,000——
1Mar 20, 2019$998,903——
4Apr 5, 2019$879,000——

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Team

Sponsor
Venture 42, LLC

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

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