Vermeil Condominium
133 Sterling Place, Brooklyn, NY 11213
Overview
- Units
- 22 residential · 22 parking · 17 storage
- Subway
- 2 min walk to 7 Av B QGrand Army Plaza 2 3, 5 min
- Principals
- Jacob Pinson
- Average $/sf
- $1,000Homes in Schedule A, as first offered
- Offering price
- $37 million total
- Floor plans
- Pages 89–93 of the plan
The sponsor of record is Vermeil LLC, represented by David S. Frankel, P.C.. The offering plan runs 296 pages. The sponsor has filed 9 amendments, the latest in May 2010. The nearest other condo plan on file is 126 Sterling Place Condominium, next door.
Plan CD060299 · New · accepted Nov 13, 2006 · AG record ↗
Compare
| Figure | This building1 | Tiffany Tower Condominiums213 units · 1.6 miaccepted 2006 | Verdi On Adelphi314 units · 1.2 miaccepted 2006 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.23 ⚠Lowest | $0.55 | $0.56 |
| Average Offering PricePer Apartment | $1.62MHighest | $901,888 | $465,429 |
| Average PricePer Square Foot | $1,000Highest | $757 | $682 |
| Average Unit SizeSquare Feet | 1,625 SFLargest | 1,192 SF | 682 SF |
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Unit mix, closings, budgets, finishes and the team, against Tiffany Tower Condominiums and Verdi On Adelphi, 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.
⚠ Read from a partly legible Schedule B.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 22 of 22 |
| Closing prices vs. Schedule A22 homes: $30,403,595 at closing against $35,725,000 in Schedule A (p. 20) | −14.9% |
| Average closing price22 homes, on their Schedule A square feet | $851 / SF |
| Closingsfirst and latest recorded | Mar 14, 2008 – Jun 2, 2023 |
Sales recorded with the Department of Finance (ACRIS) through May 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 22 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3E | Mar 14, 2008 | $925,589 | $1,175,000 p. 20 | −21.2% |
| 4D | Mar 17, 2008 | $1,832,850 | $2,100,000 p. 20 | −12.7% |
| 4C | Mar 19, 2008 | $1,664,330 | $1,750,000 p. 20 | −4.9% |
| 3D | Jul 10, 2008 | $789,653 | $1,050,000 p. 20 | −24.8% |
| 4E | Jul 17, 2008 | $1,272,813 | $1,450,000 p. 20 | −12.2% |
| 2A | Aug 20, 2008 | $1,282,486 | $1,600,000 p. 20 | −19.8% |
| 4B | Oct 2, 2008 | $1,409,500 | $1,700,000 p. 20 | −17.1% |
| 3A | Oct 6, 2008 | $1,350,000 | $1,650,000 p. 20 | −18.2% |
| 4F | May 18, 2009 | $1,200,000 | $1,650,000 p. 20 | −27.3% |
| 5A | Jun 4, 2009 | $1,265,000 | $2,300,000 p. 20 | −45% |
| 2B | Jul 10, 2009 | $1,010,000 | $1,640,000 p. 20 | −38.4% |
| 3B | Aug 28, 2009 | $1,209,000 | $1,699,000 p. 20 | −28.8% |
| 4G | Sep 4, 2009 | $1,250,000 | $1,990,000 p. 20 | −37.2% |
| 4A | Nov 13, 2009 | $1,104,500 | $1,600,000 p. 20 | −31% |
| 2D | Dec 3, 2009 | $1,149,000 | $1,700,000 p. 20 | −32.4% |
| 2E | Jan 13, 2010 | $1,221,041 | $1,800,000 p. 20 | −32.2% |
| 1C | Jul 7, 2010 | $992,794 | $1,799,000 p. 20 | −44.8% |
| 1A | Jul 8, 2010 | $832,528 | $1,299,000 p. 20 | −35.9% |
| 1E | Jul 12, 2010 | $600,000 | $985,000 p. 20 | −39.1% |
| 1B | Aug 10, 2010 | $965,912 | $1,699,000 p. 20 | −43.1% |
| 1D | May 16, 2018 | $1,176,600 | $989,000 p. 20 | +19% |
| 2C | Jun 2, 2023 | $5,900,000 | $2,100,000 p. 20 | +181% |
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
- Vermeil LLC
- Principals
- Jacob Pinson
- Counsel
- David S. Frankel, P.C.
- Construction lenders
- North Fork Bank, RCG Longview II, L.P.
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 126 Sterling Place Condominiumnext door · 16 units · 2008
- 122 Sterling Place Condominiumnext door · 16 units · 2008
- 118 Sterling Place Condominiumnext door · 16 units · 2008
- 38 7th Avenue Condominiumnext door · 4 units · 2006
- Park Place Condominiumnext door · 47 units · 26 parking · 2005
- 168 Sterling Condominiumsnext door · 8 units · 2002