THE CONDO BOOK PROJECT

2591 Briggs Avenue Condominium

2591 Briggs Avenue, Bronx, NY 10458

Overview

Units
10 residential
Subway
4 min walk to Kingsbridge Rd B DFordham Rd B D, 6 min
Principals
Mayer Chemtob
Average $/sf
$260Homes in Schedule A, as first offered
Common charges
$388–$850 a monthSponsor's first-year estimate in Schedule A, April 1, 2022 - March 31, 2023
Offering price
$5.78 million total $3.02 million when first offered

The sponsor of record is 2591 Briggs Avenue LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 324 pages. The sponsor has filed 3 amendments, the latest in March 2023. The nearest other condo plan on file is 2881 Valentine Avenue Condominium, 0.5 mi away.

Plan CD210228 · Rehab · accepted Mar 5, 2022 · AG record ↗

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Closings Pro

Homes closed100% of the homes in Schedule A10 of 10
Closing prices vs. Schedule A2 homes: $1,050,000 at closing against $550,000 in Schedule A (p. 31)+90.9%
Average closing price2 homes, on their Schedule A square feet$488 / SF
Closingsfirst and latest recordedNov 28, 2022 – Oct 20, 2025

Sales recorded with the Department of Finance (ACRIS) through Nov 30, 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 10 closings
HomeRecordedClosing priceSchedule ADifference
3SNov 28, 2022$525,000$275,000 p. 31+90.9%
2NDec 13, 2022$525,000$275,000 p. 31+90.9%
1NOct 20, 2025$3,700,000one deed, 10 homes$275,000 p. 31—
1SOct 20, 2025$3,700,000one deed, 10 homes$275,000 p. 31—
2SOct 20, 2025$3,700,000one deed, 10 homes$275,000 p. 31—
3NOct 20, 2025$3,700,000one deed, 10 homes$275,000 p. 31—
4NOct 20, 2025$3,700,000one deed, 10 homes$275,000 p. 31—
4SOct 20, 2025$3,700,000one deed, 10 homes$275,000 p. 31—
5Oct 20, 2025$3,700,000one deed, 10 homes$550,000 p. 31—
BOct 20, 2025$3,700,000one deed, 10 homes$275,000 p. 31—

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

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
2591 Briggs Avenue LLC
Principals
Mayer Chemtob
Tax estimate
Metropolitan Realty ExemptionsPrepared the first-year real estate tax projection
Construction lender
Metropolitan Commercial BankLender on the mortgage and building loan agreement recorded November 2019 in ACRIS

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

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