City View Condominium
185 York Street, Brooklyn, NY 11201
Overview
- Units
- 16 residential · 7 parking · 1 commercial
- Subway
- 4 min walk to York St FHigh St A C, 8 min
- Principals
- Michael McHugh
- Average $/sf
- $613Homes in Schedule A, as first offered
- Common charges
- $249–$560 a monthSponsor's first-year estimate in Schedule A, July 1, 2011 - June 30, 2012
- Offering price
- $9.37 million total $8.6 million when first offered
- Floor plans
- Page 145 of the plan
The sponsor of record is Val-Hugh Capital Corp., represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 196 pages. The sponsor has filed 12 amendments, the latest in October 2016. The nearest other condo plan on file is Seasons At East Meadow Condominium I, next door.
Plan CD100208 · New · accepted Dec 29, 2010 · AG record ↗
Compare
| Figure | This building1 | 46 South 2nd223 units · 1.3 miaccepted 2009 | 35 Havemeyer38 units · 1.8 miaccepted 2011 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.41In line | $0.25 | $0.50 |
| Average Offering PricePer Apartment | $494,412In line | $704,652 | $490,750 |
| Average PricePer Square Foot | $613Below peers | $628 | $720 |
| Property TaxesPer Square Foot / Month | $0.07Highest | $0.04 | $0.03 |
| Average Unit SizeSquare Feet | 806 SFIn line | 1,122 SF | 681 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 46 South 2nd and 35 Havemeyer, 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 closed100% of the homes in Schedule A | 17 of 17 |
| Closing prices vs. Schedule A17 homes: $9,303,533 at closing against $8,405,000 in Schedule A (p. 16) | +10.7% |
| Average closing price17 homes, on their Schedule A square feet | $679 / SF |
| Closingsfirst and latest recorded | Aug 11, 2016 – Dec 27, 2016 |
Sales recorded with the Department of Finance (ACRIS) through May 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 17 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1C | Aug 11, 2016 | $650,000 | $625,000 p. 16 | +4% |
| 4A | Aug 11, 2016 | $424,000 | $399,000 p. 16 | +6.3% |
| 4B | Aug 11, 2016 | $399,000 | $399,000 p. 16 | 0% |
| 5A | Aug 12, 2016 | $434,000 | $399,000 p. 16 | +8.8% |
| 2A | Aug 17, 2016 | $410,000 | $385,000 p. 16 | +6.5% |
| 4C | Aug 18, 2016 | $621,133 | $610,000 p. 16 | +1.8% |
| 3C | Aug 19, 2016 | $600,000 | $600,000 p. 16 | 0% |
| 1A | Aug 22, 2016 | $380,250 | $375,000 p. 16 | +1.4% |
| 5C | Aug 22, 2016 | $998,903 | $845,000 p. 16 | +18.2% |
| 1B | Aug 25, 2016 | $380,325 | $375,000 p. 16 | +1.4% |
| 3A | Aug 25, 2016 | $436,200 | $395,000 p. 16 | +10.4% |
| 2B | Sep 1, 2016 | $390,390 | $385,000 p. 16 | +1.4% |
| 3B | Sep 1, 2016 | $400,530 | $395,000 p. 16 | +1.4% |
| 5B | Sep 1, 2016 | $405,000 | $399,000 p. 16 | +1.5% |
| M1 | Oct 24, 2016 | $392,027 | $385,000 p. 16 | +1.8% |
| 5D | Nov 2, 2016 | $990,000 | $835,000 p. 16 | +18.6% |
| 2C | Dec 27, 2016 | $991,776 | $599,000 p. 16 | +65.6% |
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
- Val-Hugh Capital Corp.
- Principals
- Michael McHugh
- Tax estimate
- HFC Consulting Services, LLCPrepared the first-year real estate tax projection
- Construction lender
- The Community Preservation CorporationLender on the mortgage and building loan agreement recorded July 2008 in ACRIS; $4.4 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Seasons At East Meadow Condominium Inext door · 212 units · 2008
- Seasons At East Meadow Condominium 2next door · 192 units · 2010
- 102 Gold Condominiumnext door · 11 units · 2011
- .100 Gold Streetnext door · 10 units · 2009
- Vista On Vinegar Hill Condominiumnext door · 31 units · 15 parking · 2006
- 79 Bridge Street Condominiumnext door · 37 units · 2002