THE CONDO BOOK PROJECT

207a Prospect Avenue Condominium

207a Prospect Avenue, Brooklyn, NY 11215

Overview

Units
6 residential
Subway
2 min walk to Prospect Av R4 Av-9 St F G R, 9 min
Offering price
$4.57 million total $5.08 million when first offered

The sponsor of record is 207 Prospect Avenue LLC, represented by Rothkrug Rothkrug & Spector, LLP. The sponsor has filed 6 amendments, the latest in August 2019. The nearest other condo plan on file is 575 4th Avenue Condominium, next door.

Plan CD170305 · Rehab · accepted Jan 31, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan6 of 6
Closingsfirst and latest recordedJul 25, 2018 – May 11, 2020

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 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 6 closings
HomeRecordedClosing priceSchedule ADifference
3BJul 25, 2018$580,403——
2AJul 27, 2018$534,581——
3AJul 27, 2018$544,764——
2BJul 31, 2018$565,129——
1Oct 24, 2019$1,199,850——
4May 11, 2020$1,068,144——

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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
207 Prospect Avenue LLC
Construction lender
The Bank of PrincetonLender on the mortgage and building loan agreement recorded August 2016 in ACRIS; $3.3 million recorded

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

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