THE CONDO BOOK PROJECT

Lux On 5 Condominium

1457 West 5th Street, Brooklyn, NY 11204

Overview

Units
24 residential · 23 parking · 6 commercial
Subway
4 min walk to Bay Pkwy NAvenue P F, 9 min
Offering price
$13.6 million total $8.86 million when first offered

The sponsor of record is 1457 W LLC, represented by Law Office Of Thomas E. Berinato. The sponsor has filed 3 amendments, the latest in November 2017. The nearest other condo plan on file is 1447 West 5th Street Condominium, next door.

Plan CD140351 · New · accepted Dec 9, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan24 of 24
Closingsfirst and latest recordedJul 14, 2016 – Dec 26, 2018

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 24 closings
HomeRecordedClosing priceSchedule ADifference
5BJul 14, 2016$466,440——
2AJul 19, 2016$481,650one deed, 2 homes——
4BAug 9, 2016$385,320one deed, 2 homes——
1BAug 17, 2016$395,460——
4DAug 18, 2016$420,810——
4EAug 18, 2016$425,880one deed, 2 homes——
3DAug 29, 2016$380,250——
3CSep 12, 2016$405,600——
3ASep 20, 2016$537,636——
2CMar 17, 2017$365,040——
2DMar 17, 2017$385,320——
5DMar 17, 2017$529,490——
3EMar 22, 2017$324,480——
1AMar 24, 2017$370,110——
2EMar 28, 2017$415,740one deed, 2 homes——
3FMay 2, 2017$476,580——
4FMay 26, 2017$405,600——
2FJun 21, 2017$360,000——
5CJan 31, 2018$529,490one deed, 2 homes——
3BFeb 28, 2018$329,550——
2BMar 16, 2018$344,760——
4CMay 31, 2018$365,040one deed, 2 homes——
4ASep 25, 2018$491,416——
5ADec 26, 2018$486,720one deed, 3 homes——

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

Team

Sponsor
1457 W LLC

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

Nearby