THE CONDO BOOK PROJECT

196 Lefferts Place Condominium

196 Lefferts Place, Brooklyn, NY 11238

Overview

Units
3 residential
Subway
3 min walk to Franklin Av C SNostrand Av A C, 4 min
Offering price
$4.44 million total $3 million when first offered

The sponsor of record is 196 Lefferts Place LLC, represented by Jeffrey Zwick & Associates, P.C.. The sponsor has filed 3 amendments, the latest in January 2020. The nearest other condo plan on file is 190 Lefferts Place Condominium, next door.

Plan CD180093 · New · accepted Aug 20, 2018 · AG record ↗

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Closings Pro

Homes closed100% of the homes in the plan3 of 3
Closingsfirst and latest recordedOct 30, 2019 – Jul 27, 2020

Sales recorded with the Department of Finance (ACRIS) through Jan 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 3 closings
HomeRecordedClosing priceSchedule ADifference
AOct 30, 2019$1,299,000——
CNov 14, 2019$1,380,000——
BJul 27, 2020$1,275,000——

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Team

Sponsor
196 Lefferts Place LLC
Construction lender
Empire National BankLender on the mortgage and building loan agreement recorded April 2014 in ACRIS

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

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