THE CONDO BOOK PROJECT

131 North 5 Street Condominium

131 North 5 Street, Brooklyn, NY 11249

Overview

Units
6 residential
Subway
2 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 10 min
Offering price
$3.75 million total $2.5 million when first offered

The sponsor of record is 131 N 5 LLC, represented by Tsyngauz & Associates, P.C.. The sponsor has filed 3 amendments, the latest in September 2019. The nearest other condo plan on file is Jardin, next door.

Plan CD180394 · New · accepted Aug 1, 2019 · AG record ↗

Closings Pro

Homes closed50% of the homes in the plan3 of 6
Closingsfirst and latest recordedJan 31, 2020 – Apr 16, 2021

Sales recorded with the Department of Finance (ACRIS) through Jul 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 3 closings
HomeRecordedClosing priceSchedule ADifference
2FJan 31, 2020$681,209——
3FFeb 26, 2021$692,000——
3RApr 16, 2021$700,000——

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
131 N 5 LLC

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

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