THE CONDO BOOK PROJECT

200 Water Street Condominium

200 Water Street, Brooklyn, NY 11201

Overview

Units
15 residential
Subway
3 min walk to York St FHigh St A C, 8 min
Offering price
$53 million total $8 million when first offered

The sponsor of record is 200 Water Property Owner LLC, represented by Hirschen Singer & Epstein LLP. The sponsor has filed 11 amendments, the latest in May 2017. The nearest other condo plan on file is 192 Water Street Condominium, next door.

Plan CD140293 · Rehab · accepted Mar 17, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan15 of 15
Closingsfirst and latest recordedJan 19, 2017 – Feb 11, 2019

Sales recorded with the Department of Finance (ACRIS) through Dec 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 15 closings
HomeRecordedClosing priceSchedule ADifference
2AJan 19, 2017$3,156,575——
3AJan 31, 2017$3,436,594——
4CFeb 21, 2017$3,057,150——
3BFeb 22, 2017$2,642,359——
2CFeb 23, 2017$2,644,759——
4BFeb 23, 2017$2,975,000——
2BMar 8, 2017$2,902,013——
4AMar 13, 2017$3,540,819——
3CMar 28, 2017$2,995,000——
GAApr 24, 2017$3,462,050——
GBApr 27, 2017$3,632,850——
5AJun 13, 2017$4,300,000——
5BAug 7, 2017$4,400,000——
PHBAug 31, 2017$3,207,488——
PHAFeb 11, 2019$5,088,559——

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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
200 Water Property Owner LLC
Construction lender
Bank LeumiLender on the mortgage and building loan agreement recorded May 2014 in ACRIS

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

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