318 Cornelia Street Condominium
318 Cornelia Street, Brooklyn, NY 11237
Overview
- Units
- 2 residential
- Subway
- 8 min walk to Halsey St LMyrtle-Wyckoff Avs L M, 9 min
- Principals
- Farhad Bokhour, Mitchel Bokhour
- Offering price
- $2.7 million total
- Floor plans
- Pages 31–32 of the plan
The sponsor of record is One Cornelia LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 328 pages. The sponsor has filed 1 amendment, the latest in June 2024. The nearest other condo plan on file is 1390 Putnam Avenue Condominium, next door.
Plan CD230203 · Rehab · accepted Dec 18, 2023 · AG record ↗
Compare
| Figure | This building1 | 248 Palmetto23 units · 0.2 miaccepted 2024 | 1242 Hancock33 units · 0.2 miaccepted 2024 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.35MIn line | $1.37M | $1.15M |
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Unit mix, closings, budgets, finishes and the team, against 248 Palmetto and 1242 Hancock, 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.
Closings Pro
| Homes closed100% of the homes in the plan | 2 of 2 |
| Closingsfirst and latest recorded | Jul 22, 2024 – Oct 15, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Nov 30, 2024: 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 2 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2 | Jul 22, 2024 | $1,260,000 | — | — |
| 1 | Oct 15, 2024 | $1,250,000 | — | — |
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Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
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
- One Cornelia LLC
- Principals
- Farhad Bokhour, Mitchel Bokhour
- Tax estimate
- Empire Consulting Services, Inc.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1390 Putnam Avenue Condominiumnext door · 8 units · 2019
- 1405 Hancock Street Condominium0.1 mi · 6 units · 2017
- 1264 Hancock Street Condominium0.2 mi · 3 units · 2019
- 1421 Hancock Street Condominium0.2 mi · 6 units · 2020
- 265 Weirfield Street Condominium0.2 mi · 10 units · 2025
- 350 Weirfield Street Condominium0.2 mi · 6 units · 2026