1601 55th Street Condominium
1601 55th Street, Brooklyn, NY 11204
Overview
- Units
- 3 residential
- Subway
- 9 min walk to 55 St D62 St/New Utrecht Av D N, 12 min
- Average $/sf
- $623Homes in Schedule A, as first offered
- Common charges
- $306–$401 a monthSponsor's first-year estimate in Schedule A, October 1, 2022 To September 30, 2023
- Offering price
- $2.84 million total $2.59 million when first offered
- Floor plans
- Page 5 of the plan
The sponsor of record is 1601 55th Street Condos LLC, represented by Rothkrug Rothkrug & Spector, LLP. The offering plan runs 322 pages. The sponsor has filed 1 amendment, the latest in March 2023. The nearest other condo plan on file is 1633 55th Street Condominium, next door.
Plan CD210175 · New · accepted Aug 30, 2022 · AG record ↗
Compare
| Figure | This building1 | 4529 18th23 units · 0.6 miaccepted 2023 | 1152 47th34 units · 0.7 miaccepted 2022 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.17Below peers | $0.23 | $0.20 |
| Average Offering PricePer Apartment | $1.29MHighest | $858,000 | $748,750 |
| Average PricePer Square Foot | $623Above peers | $580 | $591 |
| Property TaxesPer Square Foot / Month | $0.20Lowest | $0.43 | $0.48 |
| Average Unit SizeSquare Feet | 2,476 SFLargest | 1,480 SF | 1,266 SF |
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Unit mix, closings, budgets, finishes and the team, against 4529 18th and 1152 47th, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed67% of the homes in Schedule A | 2 of 3 |
| Closing prices vs. Schedule A2 homes: $2,799,169 at closing against $2,590,000 in Schedule A (p. 39) | +8.1% |
| Average closing price2 homes, on their Schedule A square feet | $673 / SF |
| Closingsfirst and latest recorded | Aug 4, 2023 – Jan 10, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Dec 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 2 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3 | Aug 4, 2023 | $915,406 | $990,000 p. 39 | −7.5% |
| 1 | Jan 10, 2024 | $1,883,763 | $1,600,000 p. 39 | +17.7% |
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
- 1601 55th Street Condos LLC
- Tax estimate
- Rothkrug & RothkrugPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1633 55th Street Condominiumnext door · 2 units
- 1577 56th Street Condominiumnext door · 4 units · 2016
- 5221 16th Avenue Condominiumnext door · 8 units · 2018
- 1565 53rd Street Condominium0.1 mi · 4 units · 2009
- 1522 56th Street Condominium0.1 mi · 3 units · 2005
- 1527 53rd Street Condominium0.1 mi · 3 units · 2006