THE CONDO BOOK PROJECT

242 Wallabout Street Condominium

242 Wallabout Street, Brooklyn, NY 11206

Overview

Units
10 residential · 1 commercial
Subway
4 min walk to Flushing Av GLorimer St J M, 9 min
Offering price
$10.8 million total

The sponsor of record is Satmar Wallabout Development LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 3 amendments, the latest in December 2018. The nearest other condo plan on file is 248-252 Wallabout Street Condominium, next door.

Plan CD170181 · New · accepted Dec 15, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan10 of 10
Closingsfirst and latest recordedJan 7, 2018 – Oct 11, 2019

Sales recorded with the Department of Finance (ACRIS) through Jan 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 10 closings
HomeRecordedClosing priceSchedule ADifference
7AJan 7, 2018$752,894——
4ADec 19, 2018$1,117,529——
4BMay 3, 2019$995,000——
5BJun 3, 2019$963,317——
7BJul 11, 2019$641,345——
6AOct 10, 2019$890,000——
3AOct 11, 2019$999,000——
3BOct 11, 2019$437,000——
5AOct 11, 2019$992,794——
6BOct 11, 2019$876,713——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

Team

Sponsor
Satmar Wallabout Development LLC

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

Nearby