THE CONDO BOOK PROJECT

1519 39th Street Condominium

1519 39th Street, Brooklyn, NY 11218

Overview

Units
4 residential
Subway
5 min walk to Ditmas Av FChurch Av F G, 9 min
Offering price
$2 million total

The sponsor of record is 1519 Realty LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The sponsor has filed 1 amendment, the latest in April 2021. The nearest other condo plan on file is Eretz One Condominium, next door.

Plan CD180410 · New · accepted Sep 6, 2019 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedAug 23, 2021 – Oct 26, 2022

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 4 closings
HomeRecordedClosing priceSchedule ADifference
4Aug 23, 2021$999,000——
1Oct 27, 2021$999,000——
3Nov 30, 2021$999,000——
2Oct 26, 2022$983,897——

Pro

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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
1519 Realty LLC
Construction lender
ConventusLender on the mortgage and building loan agreement recorded March 2019 in ACRIS; $2.4 million recorded

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

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