THE CONDO BOOK PROJECT

1202 40th Street Condominium

1202 40th Street, Brooklyn, NY 11218

Overview

Units
4 residential
Subway
7 min walk to Fort Hamilton Pkwy D50 St D, 9 min
Offering price
$2.8 million total

The sponsor of record is 1202 Equity LLC, represented by Stein Farkas & Schwartz LLP. The sponsor has filed 1 amendment, the latest in February 2016. The nearest other condo plan on file is Parkside Condominium Iv, next door.

Plan CD150069 · New · accepted Dec 18, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedJun 20, 2016 – Aug 15, 2016

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 4 closings
HomeRecordedClosing priceSchedule ADifference
2Jun 20, 2016$636,406——
3Jun 20, 2016$625,000——
1Jun 22, 2016$610,950——
4Aug 15, 2016$810,000——

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
1202 Equity LLC

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