888 Coney Island Condominium
2848 West 15th Street, Brooklyn, NY 11224
Overview
- Units
- 20 residential · 10 parking · 1 commercial
- Subway
- 4 min walk to Coney Island-Stillwell Av D F N QW 8 St-NY Aquarium F Q, 10 min
- Principals
- Giuseppe Gambino, Richard S. Gravante
- Average $/sf
- $888Homes in Schedule A, as first offered
- Common charges
- $220–$330 a monthSponsor's first-year estimate in Schedule A, March 1, 2019 through February 29, 2020
- Offering price
- $15 million total
- Floor plans
- Pages 290–295 of the plan
The sponsor of record is 2850 West 15th Street Development LLC, represented by Rosen Law LLC. The offering plan runs 398 pages. The sponsor has filed 1 amendment, the latest in May 2019. The nearest other condo plan on file is 2838 West 15 Street Condominium, next door.
Plan CD180316 · New · accepted Jan 29, 2019 · AG record ↗
Compare
| Figure | This building1 | 3016 Brighton 5th216 units · 1 miaccepted 2018 | 179 West End310 units · 1.6 miaccepted 2020 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.40In line | $0.39 | $0.45 |
| Average Offering PricePer Apartment | $675,760In line | $484,000 | $830,833 |
| Average PricePer Square Foot | $888Above peers | $665 | $803 |
| Property TaxesPer Square Foot / Month | $0.02Lowest | $0.05 | $0.06 |
| Average Unit SizeSquare Feet | 761 SFIn line | 728 SF | 1,035 SF |
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Unit mix, closings, budgets, finishes and the team, against 3016 Brighton 5th and 179 West End, cited to the offering plans. No credit card required.
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- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Units & Prices
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
- 2850 West 15th Street Development LLC
- Principals
- Giuseppe Gambino, Richard S. Gravante
- Counsel
- Rosen Law LLC
- Tax estimate
- Rosen Law, LLCPrepared the first-year real estate tax projection
- Construction lender
- First Central Savings Bank$4.2 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 2838 West 15 Street Condominiumnext door · 7 units · 2020
- 2830 West16th Street Condominiumnext door · 20 units · 15 parking
- 2873 West 17th Street Condominiumnext door · 15 units · 9 parking · 2021
- 2819 West 17th Street Condominium0.1 mi · 9 units · 2025
- 2815 West 17th Street Condominium0.1 mi · 7 units · 2 parking
- 2818 West 17th Street Condominium0.1 mi · 9 units · 7 parking · 2014