THE CONDO BOOK PROJECT

1245 42nd Street Condominium

1245 42nd Street, Brooklyn, NY 11219

Overview

Units
4 residential
Subway
7 min walk to Fort Hamilton Pkwy D50 St D, 9 min
Offering price
$1.9 million total $2.73 million when first offered

The sponsor of record is 1241 42 Development LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The sponsor has filed 1 amendment, the latest in January 2017. The nearest other condo plan on file is 1249 42nd Street Condo, next door.

Plan CD150369 · New · accepted Jul 13, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedJan 18, 2017 – Mar 8, 2017

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
3Jan 18, 2017$650,000——
4Jan 30, 2017$630,000——
1Feb 10, 2017$834,000——
2Mar 8, 2017$610,950——

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
1241 42 Development LLC

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

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