THE CONDO BOOK PROJECT

181 Carlton Condominium

181-185 Carlton Avenue, Brooklyn, NY 11205

Overview

Units
5 residential
Subway
9 min walk to Fulton St GClinton-Washington Avs G, 10 min
Offering price
$11.6 million total

The sponsor of record is 181 Carlton LLC, represented by Law Offices Of E. Michael Rosenstock, P.C.. The offering plan runs 312 pages. The sponsor has filed 2 amendments, the latest in June 2022. The nearest other condo plan on file is 163 Carlton Avenue Condominium, next door.

Plan CD200311 · Rehab · accepted Sep 7, 2021 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan5 of 5
Closingsfirst and latest recordedMay 10, 2022 – May 25, 2022

Sales recorded with the Department of Finance (ACRIS) through Oct 31, 2023: 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 5 closings
HomeRecordedClosing priceSchedule ADifference
2May 10, 2022$2,596,538——
1May 12, 2022$2,700,000——
3BMay 19, 2022$2,316,519——
3AMay 20, 2022$2,068,888——
BMay 25, 2022$2,907,104——

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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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
181 Carlton LLC
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection

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

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