N4 Condominiums
161 North 4th Street, Brooklyn, NY 11211
Overview
- Units
- 37 residential · 17 parking · 15 storage
- Subway
- 3 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 8 min
- Principals
- David Rivlin, Mark Caller, Pinny Loketch
- Offering price
- $22.7 million total
- Floor plans
- Page 21 of the plan
The sponsor of record is Dr North 4 Developers, LLC, represented by Kalter, Kaplan, Zeiger & Forman. The offering plan runs 305 pages. The sponsor has filed 8 amendments, the latest in July 2009. The nearest other condo plan on file is 170 North Fifth Condo, next door.
Plan CD070230 · New · accepted Aug 27, 2007 · AG record ↗
Compare
| Figure | This building1 | The Pad230 units · 0.2 miaccepted 2007 | The Absolute335 units · 1.5 miaccepted 2007 |
|---|---|---|---|
| Average Offering PricePer Apartment | $591,162In line | $633,700 | $556,514 |
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Unit mix, closings, budgets, finishes and the team, against The Pad and The Absolute, 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 closed97% of the homes in Schedule A | 36 of 37 |
| Closing prices vs. Schedule A34 homes: $19,216,619 at closing against $20,125,000 in Schedule A (p. 19, p. 20) | −4.5% |
| Average closing price32 homes, on their Schedule A square feet | $695 / SF |
| Closingsfirst and latest recorded | Apr 11, 2008 – May 10, 2010 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 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 36 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 3D | Apr 11, 2008 | $335,000 | $385,000 p. 19 | −13% |
| 1A | Oct 30, 2008 | $605,475 | $689,000 p. 19 | −12.1% |
| 3J | Nov 5, 2008 | $555,211 | $523,000 p. 19 | +6.2% |
| 3G | Nov 6, 2008 | $748,414 | $730,000 p. 19 | +2.5% |
| 2J | Nov 12, 2008 | $609,168 | $512,000 p. 19 | +19% |
| 2G | Nov 13, 2008 | $738,231 | $719,000 p. 19 | +2.7% |
| 2D | Nov 17, 2008 | $380,344 | $374,000 p. 19 | +1.7% |
| 2E | Nov 17, 2008 | $380,250 | $374,000 p. 19 | +1.7% |
| 3E | Nov 19, 2008 | $382,708 | $385,000 p. 19 | −0.6% |
| 4A | Nov 24, 2008 | $1,053,889 | $1,029,000 p. 19 | +2.4% |
| 4E | Nov 25, 2008 | $717,866 | $748,000 p. 20 | −4% |
| 2L | Dec 1, 2008 | $626,224 | $541,000 p. 19 | +15.8% |
| 3I | Dec 4, 2008 | $534,836 | — | — |
| 2F | Dec 15, 2008 | $534,581 | $512,000 p. 19 | +4.4% |
| 1G | Dec 17, 2008 | $641,498 | $575,000 p. 19 | +11.6% |
| 3F | Dec 18, 2008 | $534,581 | $523,000 p. 19 | +2.2% |
| 1I | Dec 19, 2008 | $756,051 | — | — |
| 1D | Jan 7, 2009 | $560,038 | $644,000 p. 19 | −13% |
| 4F | Mar 17, 2009 | $631,315 | $661,000 p. 20 | −4.5% |
| 2A | Mar 23, 2009 | $370,201 | $380,000 p. 19 | −2.6% |
| 3H | Mar 23, 2009 | $480,000 | $500,000 p. 19 | −4% |
| 2H | Apr 6, 2009 | $502,054 | $489,000 p. 19 | +2.7% |
| 3C | Apr 27, 2009 | $531,527 | $523,000 p. 19 | +1.6% |
| 3B | Apr 30, 2009 | $510,000 | $523,000 p. 19 | −2.5% |
| 2C | Jun 22, 2009 | $519,308 | $512,000 p. 19 | +1.4% |
| 2B | Jun 25, 2009 | $491,790 | $512,000 p. 19 | −3.9% |
| 3K | Jul 1, 2009 | $529,490 | $546,000 p. 19 | −3% |
| 3A | Jul 7, 2009 | $385,000 | $391,000 p. 19 | −1.5% |
| 1B | Jul 14, 2009 | $589,000 | $667,000 p. 19 | −11.7% |
| 1C | Jul 28, 2009 | $436,020 | $638,000 p. 19 | −31.7% |
| 4D | Aug 18, 2009 | $805,000 | $949,000 p. 20 | −15.2% |
| 4B | Aug 31, 2009 | $600,768 | $719,000 p. 19 | −16.4% |
| 1F | Sep 30, 2009 | $514,216 | $633,000 p. 19 | −18.8% |
| 1H | Oct 19, 2009 | $527,454 | $546,000 p. 19 | −3.4% |
| 4C | Nov 30, 2009 | $865,513 | $1,006,000 p. 19 | −14% |
| 1E | May 10, 2010 | $524,489 | $667,000 p. 19 | −21.4% |
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
- Dr North 4 Developers, LLC
- Principals
- David Rivlin, Mark Caller, Pinny Loketch
- Construction lender
- HSBC BankLender on the mortgage and building loan agreement recorded December 2005 in ACRIS
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
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- 280 Metropolitan Avenue Condominiumnext door · 28 units · 14 parking · 2015
- Metropolitan Condominiumnext door · 10 units · 2003