THE CONDO BOOK PROJECT

301 Covert Street Condominium

301 Covert Street, Brooklyn, NY 11237

Overview

Units
19 residential · 10 parking
Subway
5 min walk to Halsey St LWilson Av L, 8 min
Offering price
$13.8 million total $10.1 million when first offered

The sponsor of record is 301 Covert Street LLC, represented by Marans Weisz & Newman LLC. The sponsor has filed 6 amendments, the latest in July 2020. The nearest other condo plan on file is 833 Knickerbocker Avenue Condominium, next door.

Plan CD170225 · New · accepted Sep 27, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan19 of 19
Closingsfirst and latest recordedJun 18, 2019 – May 5, 2021

Sales recorded with the Department of Finance (ACRIS) through May 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 19 closings
HomeRecordedClosing priceSchedule ADifference
3EJun 18, 2019$583,000one deed, 2 homes——
4EJun 24, 2019$600,000one deed, 2 homes——
3CJul 10, 2019$500,000——
4AJul 30, 2019$503,700——
2DOct 4, 2019$490,000——
2COct 15, 2019$525,300——
2EOct 18, 2019$588,000one deed, 3 homes——
5ANov 7, 2019$612,530one deed, 2 homes——
2ANov 12, 2019$487,000——
5CNov 18, 2019$865,513one deed, 2 homes——
3BDec 12, 2019$496,860——
3DJan 17, 2020$501,930——
4DFeb 13, 2020$555,000one deed, 2 homes——
3AApr 6, 2020$501,930——
2BApr 8, 2020$485,000——
1AJun 11, 2020$425,000——
4CJul 24, 2020$510,000——
4BNov 6, 2020$500,000——
5BMay 5, 2021$720,000one deed, 2 homes——

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
301 Covert Street LLC
Construction lender
Skw CpLender on the mortgage and building loan agreement recorded March 2017 in ACRIS; $6.1 million recorded

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

Nearby