THE CONDO BOOK PROJECT

Brooklyn Trust Company Building

138 Pierrepont Street, Brooklyn, NY 11201

Overview

Units
13 residential · 1 commercial
Subway
1 min walk to Borough Hall/Court St 2 3 4 5 RClark St 2 3, 6 min
Offering price
$10.3 million total $45.7 million when first offered

The sponsor of record is Stahl 177 Montague LLC, represented by Gerstein Strauss & Rinaldi LLP. The sponsor has filed 9 amendments, the latest in April 2021. The nearest other condo plan on file is 166 Montague Condominium, next door.

Plan CD140194 · Rehab · accepted May 5, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan13 of 13
Closingsfirst and latest recordedJun 27, 2016 – May 26, 2023

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 13 closings
HomeRecordedClosing priceSchedule ADifference
4EJun 27, 2016$3,410,119——
4FJul 13, 2016$3,268,583——
5KJul 19, 2016$3,850,000——
4DAug 4, 2016$3,923,317——
5HAug 8, 2016$3,463,068——
5JAug 10, 2016$3,800,000——
5GSep 12, 2016$3,207,488——
5INov 9, 2016$3,767,525——
4CDec 8, 2016$3,105,663——
6LJul 13, 2017$3,920,263——
3BJul 12, 2021$2,240,150——
6MJul 16, 2021$661,863——
2AMay 26, 2023$3,031,125——

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
Stahl 177 Montague LLC

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