1325 53rd Street Condominium
1325 53rd Street, Brooklyn, NY 11219
Overview
- Units
- 6 residential
- Subway
- 3 min walk to 55 St D50 St D, 6 min
- Principals
- Yaakov Einhorn
- Offering price
- $6.4 million total
- Floor plans
- Pages 152–153 of the plan
The sponsor of record is 1325 53 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 312 pages. The sponsor has filed 1 amendment, the latest in March 2020. The nearest other condo plan on file is 1324 52nd Street Condominium, next door.
Plan CD170276 · New · accepted Feb 6, 2020 · AG record ↗
Compare
| Figure | This building1 | Battery Avenue26 units · 1.9 miaccepted 2020 | 1174 44th34 units · 0.5 miaccepted 2020 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.07MAbove peers | $955,000 | $1.02M |
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Unit mix, closings, budgets, finishes and the team, against Battery Avenue and 1174 44th, cited to the offering plans. No credit card required.
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- 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 closed67% of the homes in Schedule A | 4 of 6 |
| Closing prices vs. Schedule A3 homes: $3,780,000 at closing against $3,350,000 in Schedule A (p. 29) | +12.8% |
| Closingsfirst and latest recorded | Mar 15, 2022 – Jul 2, 2024 |
Sales recorded with the Department of Finance (ACRIS) through May 31, 2025: 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
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3 | Mar 15, 2022 | $1,100,000 | — | — |
| 1 | Jan 26, 2023 | $2,100,000 | $1,800,000 p. 29 | +16.7% |
| 4F | Apr 16, 2024 | $750,000 | $700,000 p. 29 | +7.1% |
| 4R | Jul 2, 2024 | $930,000 | $850,000 p. 29 | +9.4% |
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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
- 1325 53 LLC
- Principals
- Yaakov Einhorn
- Tax estimate
- Metropolitan Realty Exemptions Inc.Prepared the first-year real estate tax projection
- Construction lender
- Northeast Community Bank$2.85 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1324 52nd Street Condominiumnext door · 4 units
- 1320 53rd Street Condominiumnext door · 8 units · 2014
- 53rd Terrace Residences Condominiumnext door · 5 units · 1 parking
- 1344 52nd Street Condominiumnext door · 8 units · 2015
- 1321 52nd Street Condominiumnext door · 1 units · 2004
- 1313 52nd Street Condomniumnext door · 3 units · 2013