THE CONDO BOOK PROJECT

1232 48th Street Condominium

1232 48th Street, Brooklyn, NY 11219

Overview

Units
4 residential
Subway
3 min walk to 50 St DFort Hamilton Pkwy D, 6 min
Offering price
$4.02 million total $3.77 million when first offered

The sponsor of record is 1230 48 Development LLC, represented by Law Office Of Charles Mandelbaum. The nearest other condo plan on file is 1230 48th Street Condominium, next door.

Plan CD150407 · New · accepted Jan 10, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedSep 5, 2017 – Jan 26, 2018

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
3Sep 5, 2017$750,000——
2Sep 27, 2017$995,000——
4Dec 1, 2017$1,275,000——
1Jan 26, 2018$1,496,828——

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
1230 48 Development LLC

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

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