THE CONDO BOOK PROJECT

1972 Ocean Avenue Condominium

1972 Ocean Avenue, Brooklyn, NY 11230

Overview

Units
8 residential · 6 parking
Subway
10 min walk to Kings Hwy B QAvenue M Q, 10 min
Offering price
$6.2 million total $6.08 million when first offered

The sponsor of record is 1972 Ocean Avenue LLC, represented by Law Office Of Michael Michael, Pllc. The sponsor has filed 3 amendments, the latest in June 2018. The nearest other condo plan on file is Residence, next door.

Plan CD160035 · New · accepted Sep 7, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedApr 25, 2017 – Nov 23, 2021

Sales recorded with the Department of Finance (ACRIS) through Aug 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 14 closings
HomeRecordedClosing priceSchedule ADifference
3AApr 25, 2017$570,461one deed, 2 homes——
PS6Apr 25, 2017$570,461one deed, 2 homes——
2AMay 9, 2017$590,585one deed, 2 homes——
PS5May 9, 2017$590,585one deed, 2 homes——
3BMay 17, 2017$501,930——
4AMay 25, 2017$461,370——
4BJul 11, 2017$499,000——
2BJul 19, 2017$430,950one deed, 2 homes——
PS4Jul 19, 2017$430,950one deed, 2 homes——
5AJun 27, 2018$967,338one deed, 2 homes——
PS3Jun 27, 2018$967,338one deed, 2 homes——
5BSep 28, 2018$936,790one deed, 2 homes——
PS1Sep 28, 2018$936,790one deed, 2 homes——
PS2Nov 23, 2021$35,490——

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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
1972 Ocean Avenue LLC

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

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