124 Wyckoff Street Condominium
124 Wyckoff Street, Brooklyn, NY 11201
Overview
- Units
- 3 residential
- Subway
- 3 min walk to Bergen St F GHoyt-Schermerhorn Sts A C G, 7 min
- Average $/sf
- $2,020Homes in Schedule A, as first offered
- Common charges
- $671–$1,023 a monthSponsor's first-year estimate in Schedule A, January 1, 2024 - December 31, 2024
- Offering price
- $7.39 million total
- Floor plans
- Page 4 of the plan
The sponsor of record is Wyckoff Street Developments LLC, represented by Tsyngauz & Associates, P.C.. The offering plan runs 326 pages. The sponsor has filed 2 amendments, the latest in December 2023. The nearest other condo plan on file is 121 Wyckoff Street Condominium, next door.
Plan CD220249 · Rehab · accepted Mar 6, 2023 · AG record ↗
Compare
| Figure | This building1 | 239 President24 units · 0.5 miaccepted 2022 | 102 Summit33 units · 0.8 miaccepted 2022 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.70Highest | $0.36 | $0.34 |
| Average Offering PricePer Apartment | $2.46MIn line | $2.48M | $2.17M |
| Average PricePer Square Foot | $2,020Above peers | $2,014 | $1,841 |
| Property TaxesPer Square Foot / Month | $0.36In line | $0.30 | $0.37 |
| Average Unit SizeSquare Feet | 1,220 SFIn line | 1,229 SF | 1,177 SF |
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Unit mix, closings, budgets, finishes and the team, against 239 President and 102 Summit, cited to the offering plans. No credit card required.
Create a free accountHow We Got This
- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 3 of 3 |
| Closing prices vs. Schedule A3 homes: $6,916,009 at closing against $7,395,000 in Schedule A (p. 44) | −6.5% |
| Average closing price3 homes, on their Schedule A square feet | $1,890 / SF |
| Closingsfirst and latest recorded | Dec 13, 2023 – Jun 10, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Jun 30, 2024: 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 3 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Dec 13, 2023 | $1,795,000 | $1,950,000 p. 44 | −7.9% |
| 1 | Dec 29, 2023 | $2,275,000 | $2,495,000 p. 44 | −8.8% |
| 3 | Jun 10, 2024 | $2,846,009 | $2,950,000 p. 44 | −3.5% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- Wyckoff Street Developments LLC
- Counsel
- Tsyngauz & Associates, P.C.
- Tax estimate
- MGNY Consulting Corp.Prepared the first-year real estate tax projection
- Construction lender
- Conventus$3.08 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 121 Wyckoff Street Condominiumnext door · 4 units · 2007
- 351 Warren Street Condominiumnext door · 4 units
- 345 Warren Street Condominiumnext door · 4 units · 2024
- 93 Wyckoff Condominiumnext door · 6 units · 2026
- 335 Warren Street Condominiumnext door · 8 units · 2007
- Dutch Manor Condominiumnext door · 8 units · 4 parking · 2001