THE CONDO BOOK PROJECT

121 Rapelye Street Condominium

121 Rapelye Street, Brooklyn, NY 11231

Overview

Units
4 residential
Subway
8 min walk to Carroll St F GSmith-9 Sts F G, 11 min
Offering price
$6.3 million total $6 million when first offered

The sponsor of record is 121 Rapp Associates LLC, represented by Rosen Law LLC. The sponsor has filed 1 amendment, the latest in May 2018. The nearest other condo plan on file is 119 Rapelye Condominium, next door.

Plan CD170308 · Rehab · accepted Mar 2, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedJul 13, 2018 – Jun 20, 2019

Sales recorded with the Department of Finance (ACRIS) through Jan 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
2Jul 13, 2018$992,794——
3Aug 2, 2018$992,794——
4Sep 10, 2018$983,978——
1Jun 20, 2019$1,050,000——

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
121 Rapp Associates LLC

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

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