THE CONDO BOOK PROJECT

178 Division Avenue Condominium

178 Division Avenue, Brooklyn, NY 11211

Overview

Units
4 residential · 5 storage · 2 commercial
Subway
4 min walk to Marcy Av J M ZHewes St J M, 7 min
Offering price
$10.2 million total $9.75 million when first offered

The sponsor of record is 176-178 Division LLC, represented by Jeffrey Zwick & Associates, P.C.. The sponsor has filed 2 amendments, the latest in May 2019. The nearest other condo plan on file is 170 Division Avenue Condominium, next door.

Plan CD170118 · New · accepted Aug 14, 2017 · AG record ↗

Closings Pro

Homes closed75% of the homes in the plan3 of 4
Closingsfirst and latest recordedSep 4, 2018

Sales recorded with the Department of Finance (ACRIS) through Oct 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 3 closings
HomeRecordedClosing priceSchedule ADifference
2Sep 4, 2018$1,527,375——
4Sep 4, 2018$999,000——
5Sep 4, 2018$916,425——

Pro

Closings are for subscribers

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
176-178 Division LLC
Construction lender
Bank of HopeLender on the mortgage and building loan agreement recorded November 2016 in ACRIS; $9.3 million recorded

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

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