THE CONDO BOOK PROJECT

331 South 5th Street Condominium

331 South 5th Street, Brooklyn, NY 11211

Overview

Units
4 residential
Subway
3 min walk to Marcy Av J M ZHewes St J M, 3 min
Offering price
$6.6 million total $6.1 million when first offered

The sponsor of record is 331 South 5th LLC, represented by Belkin Burden Wenig & Goldman, LLP. The sponsor has filed 3 amendments, the latest in September 2019. The nearest other condo plan on file is 323 South 5th Street Condominium, next door.

Plan CD170337 · Rehab · accepted Aug 9, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedAug 13, 2019 – Sep 5, 2019

Sales recorded with the Department of Finance (ACRIS) through Sep 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 4 closings
HomeRecordedClosing priceSchedule ADifference
4Aug 13, 2019$1,495,000——
1Aug 23, 2019$2,270,531——
3Aug 27, 2019$1,266,096——
2Sep 5, 2019$1,312,524——

Pro

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

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Team

Sponsor
331 South 5th LLC

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

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