THE CONDO BOOK PROJECT

Abby Court Condominium

351-353 21st Street, Brooklyn, NY 11215

Compare

Overview

Units
16 residential
Subway
12 min walk to 25 St RProspect Av R, 12 min
Developer
The Dream Trust
Principals
Louis V. Greco, Jr.
Offering price
$7.03 million total

The sponsor of record is 351-353 21st, LLC, represented by Forman & Associates, PC. The offering plan runs 298 pages. The sponsor has filed 4 amendments, the latest in May 2009. The nearest other condo plan on file is 352 21st Street Condominium, next door.

Plan CD050295 · New · accepted May 26, 2006 · AG record ↗

Compare

FigureThis building1The Green Walk212 units · 0.8 miaccepted 2006The Terraces At Court Street325 units · 1.2 miaccepted 2005
Average Offering PricePer Apartment$439,250Below peers$569,167$494,560

Free Account

See the Full Comp

Unit mix, closings, budgets, finishes and the team, against The Green Walk and The Terraces At Court Street, cited to the offering plans. No credit card required.

Create a free account
How We Got This
  • 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.

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
351-353 21st, LLC
Developer
The Dream Trust
Principals
Louis V. Greco, Jr.
Tax estimate
Mazursky Group, Inc.Prepared the first-year real estate tax projection

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

Nearby