1549 West 3rd Street Condominium
1549 West 3rd Street, Brooklyn, NY 11204
Overview
- Units
- 10 residential · 5 parking
- Subway
- 6 min walk to Avenue P FBay Pkwy N, 7 min
- Principals
- Leonard Schwartz
- Average $/sf
- $520Homes in Schedule A, as first offered
- Common charges
- $144–$216 a monthSponsor's first-year estimate in Schedule A, Assumes First Year of Operation Begins January 1, 2012 and ends December 31, 2012
- Offering price
- $3.75 million total
- Floor plans
- Page 20 of the plan
The sponsor of record is West 3rd Street Development LLC, represented by Paul A. Leff, Cpa. The offering plan runs 230 pages. The sponsor has filed 6 amendments, the latest in November 2014. The nearest other condo plan on file is 1552 West 3rd Street Condominium, next door.
Plan CD100203 · Conversion · accepted Jun 2, 2011 · AG record ↗
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 10 of 10 |
| Closing prices vs. Schedule A10 homes: $3,564,131 at closing against $3,720,000 in Schedule A (p. 18, p. 19) | −4.2% |
| Average closing price10 homes, on their Schedule A square feet | $498 / SF |
| Closingsfirst and latest recorded | Jan 28, 2014 – Jan 29, 2015 |
Sales recorded with the Department of Finance (ACRIS) through May 31, 2025: 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 10 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1A | Jan 28, 2014 | $212,940 | $210,000 p. 18 | +1.4% |
| 3A | Jan 28, 2014 | $370,110 | $390,000 p. 18 | −5.1% |
| 4A | Feb 26, 2014 | $380,000 | $390,000 p. 18 | −2.6% |
| 5A | Apr 17, 2014 | $380,250 | $390,000 p. 19 | −2.5% |
| 3B | Apr 22, 2014 | $375,180 | $390,000 p. 18 | −3.8% |
| 2A | Jul 1, 2014 | $380,000 | $390,000 p. 18 | −2.6% |
| 2B | Aug 20, 2014 | $365,000 | $390,000 p. 18 | −6.4% |
| 4B | Oct 2, 2014 | $370,000 | $390,000 p. 18 | −5.1% |
| 5B | Oct 7, 2014 | $375,180 | $390,000 p. 19 | −3.8% |
| 1B | Jan 29, 2015 | $355,471 | $390,000 p. 18 | −8.9% |
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
- West 3rd Street Development LLC
- Principals
- Leonard Schwartz
- Counsel
- Paul A. Leff, Cpa
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1552 West 3rd Street Condominiumnext door · 8 units · 2006
- Art House Condominiumnext door · 35 units · 21 parking · 2018
- 1587 West 4th Street Condominiumnext door · 8 units · 2006
- West 4 Condominiumsnext door · 8 units · 2006
- Bay Palace Condominiumnext door · 20 units · 24 parking · 2006
- Westcott Condominiumnext door · 6 units · 2 parking · 2003