THE CONDO BOOK PROJECT

Clifton Place Condominium

136,142,144 & 146 Clifton Place, Brooklyn, NY 11238

Overview

Units
32 residential
Subway
2 min walk to Classon Av GBedford-Nostrand Avs G, 6 min
Principals
Nik Lavrinoff, Aryeh Ginzberg, Irving Langer, Leibel Lederman
Average $/sf
$586Homes in Schedule A, as first offered
Common charges
$190–$325 a monthSponsor's first-year estimate in Schedule A, October 1, 2010 - September 30, 2011
Offering price
$19.1 million total

The sponsor of record is Hln Developers, LLC, represented by Harold L. Gruber, P.C.. The offering plan runs 264 pages. The sponsor has filed 6 amendments, the latest in September 2012. The nearest other condo plan on file is 125 Clifton Place Condominium, next door.

Plan CD070535 · New · accepted Mar 17, 2009 · AG record ↗

Compare

FigureThis building1Lot 58 Lofts231 units · 0.1 miaccepted 200746 South 2nd323 units · 1.9 miaccepted 2009
Common ChargesPer Square Foot / Month$0.25In line$0.38$0.25
Average Offering PricePer Apartment$596,500Lowest$761,938$704,652
Average PricePer Square Foot$586Below peers$589$628
Property TaxesPer Square Foot / Month$0.04In line$0.19$0.04
Average Unit SizeSquare Feet1,018 SFSmaller1,294 SF1,122 SF

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against Lot 58 Lofts and 46 South 2nd, cited to the offering plans. No credit card required.

Create a free account
How 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.

Closings Pro

Homes closed25% of the homes in Schedule A8 of 32
Closingsfirst and latest recordedAug 22, 2012 – Oct 11, 2012

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 8 closings
HomeRecordedClosing priceSchedule ADifference
2AAug 22, 2012$395,000——
2BAug 29, 2012$395,000——
4AAug 29, 2012$528,472——
3BAug 30, 2012$395,000——
1BSep 6, 2012$599,000——
1ASep 12, 2012$609,932——
3ASep 12, 2012$395,000——
4BOct 11, 2012$499,000——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

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
Hln Developers, LLC
Principals
Nik Lavrinoff, Aryeh Ginzberg, Irving Langer, Leibel Lederman
Tax estimate
Moseson & AssociatesPrepared the first-year real estate tax projection

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

Nearby