THE CONDO BOOK PROJECT

Harbor Hill Condominium

155 15th Street, Brooklyn, NY 11215

Overview

Units
21 residential · 11 parking
Subway
3 min walk to Prospect Av R4 Av-9 St F G R, 6 min
Principals
Alan Goldman, Gerald Goldman
Offering price
$16.2 million total

The sponsor of record is 155 15th Street, LLC, represented by Goldstick, Weinberger, Feldman, Etal P.C.. The offering plan runs 284 pages. The sponsor has filed 13 amendments, the latest in November 2012. The nearest other condo plan on file is 158 15th Street Condominium, next door.

Plan CD090198 · New · accepted Dec 9, 2009 · AG record ↗

Compare

FigureThis building1904 Pacific221 units · 1.7 miaccepted 2009C 560341 units · 0.7 miaccepted 2009
Average Offering PricePer Apartment$772,619In line$701,190$776,711

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Unit mix, closings, budgets, finishes and the team, against 904 Pacific and C 560, cited to the offering plans. No credit card required.

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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.

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
155 15th Street, LLC
Principals
Alan Goldman, Gerald Goldman
Tax estimate
Tuchman, Korngold, Weiss, Lippman & Gellis, LLPPrepared the first-year real estate tax projection
Construction lender
Capital One$5.38 million recorded

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

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