355 Kings Highway Condominium
355 Kings Highway, Brooklyn, NY 11223
Overview
- Units
- 28 residential · 19 parking
- Subway
- 5 min walk to Kings Hwy NKings Hwy F, 6 min
- Common charges
- $161–$404 a monthSponsor's first-year estimate in Schedule A, Year beginning March 25, 2005
- Offering price
- $16 million total
The sponsor of record is 355 Realty Associates, LLC, represented by Victor Gartenstein, P.C.. The offering plan runs 267 pages. The sponsor has filed 9 amendments, the latest in March 2008. The nearest other condo plan on file is 366 Kings Highway Condominium, next door.
Plan CD040303 · New · accepted Mar 30, 2005 · AG record ↗
Compare
| Figure | This building1 | 2615-2621 East 17th229 units · 1.8 miaccepted 2006 | 2381 Ocean319 units · 1.3 miaccepted 2006 |
|---|---|---|---|
| Average Offering PricePer Apartment | $449,714Lowest | $626,103 | $811,895 |
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Unit mix, closings, budgets, finishes and the team, against 2615-2621 East 17th and 2381 Ocean, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 28 of 28 |
| Closing prices vs. Schedule A26 homes: $13,316,775 at closing against $11,432,000 in Schedule A (p. 18, p. 19, p. 20, p. 21) | +16.5% |
| Closingsfirst and latest recorded | Apr 26, 2006 – Jan 17, 2008 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2026: 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 47 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 4D | Apr 26, 2006 | $597,402 | $465,000 p. 20 | +28.5% |
| PS17 | Apr 26, 2006 | $597,402 | — | — |
| 5F | May 4, 2006 | $794,235 | — | — |
| PS15 | May 4, 2006 | $794,235 | — | — |
| 2C | May 8, 2006 | $322,256 | $275,000 p. 18 | +17.2% |
| 2G | May 17, 2006 | $529,490 | $421,000 p. 19 | +25.8% |
| PS5 | May 17, 2006 | $529,490 | — | — |
| 4G | May 23, 2006 | $534,581 | $442,000 p. 20 | +20.9% |
| PS1 | May 23, 2006 | $534,581 | — | — |
| 5B | May 31, 2006 | $661,863 | $549,000 p. 20 | +20.6% |
| PS14 | May 31, 2006 | $661,863 | — | — |
| 3D | Jun 7, 2006 | $590,585 | $456,000 p. 19 | +29.5% |
| PS9 | Jun 7, 2006 | $590,585 | — | — |
| 2H | Jun 22, 2006 | $370,110 | $291,000 p. 19 | +27.2% |
| 2E | Jun 26, 2006 | $571,238 | $388,000 p. 19 | +47.2% |
| PS6 | Jun 26, 2006 | $571,238 | — | — |
| 2B | Jun 30, 2006 | $466,440 | $385,000 p. 18 | +21.2% |
| 2D | Aug 22, 2006 | $570,220 | $456,000 p. 18 | +25% |
| PS13 | Aug 22, 2006 | $570,220 | — | — |
| 3F | Sep 19, 2006 | $505,986 | $403,000 p. 19 | +25.6% |
| PS18 | Sep 19, 2006 | $505,986 | — | — |
| 3H | Sep 29, 2006 | $339,690 | $318,000 p. 20 | +6.8% |
| 5G | Sep 29, 2006 | $824,783 | $720,000 p. 21 | +14.6% |
| PS3 | Sep 29, 2006 | $824,783 | — | — |
| PS4 | Sep 29, 2006 | $824,783 | — | — |
| 5D | Nov 9, 2006 | $575,335 | $485,000 p. 21 | +18.6% |
| PS7 | Nov 9, 2006 | $575,335 | — | — |
| 4B | Nov 10, 2006 | $436,020 | $402,000 p. 20 | +8.5% |
| 4E | Nov 29, 2006 | $565,129 | — | — |
| 4H | Jan 4, 2007 | $385,320 | $345,000 p. 20 | +11.7% |
| 2A | Jan 30, 2007 | $503,958 | $441,000 p. 18 | +14.3% |
| PS2 | Jan 30, 2007 | $503,958 | — | — |
| 4A | Feb 27, 2007 | $545,304 | $458,000 p. 20 | +19.1% |
| PS11 | Feb 27, 2007 | $545,304 | — | — |
| 5E | Mar 23, 2007 | $667,972 | $685,000 p. 21 | −2.5% |
| PS12 | Mar 23, 2007 | $24,000 | — | — |
| 3G | Apr 26, 2007 | $488,748 | $421,000 p. 20 | +16.1% |
| PS8 | Apr 26, 2007 | $488,748 | — | — |
| 3C | May 30, 2007 | $602,804 | $505,000 p. 19 | +19.4% |
| PS16 | May 30, 2007 | $602,804 | — | — |
| 2F | Jun 15, 2007 | $486,720 | $383,000 p. 19 | +27.1% |
| 3A | Jun 15, 2007 | $491,960 | $441,000 p. 19 | +11.6% |
| 3B | Jun 15, 2007 | $431,720 | $385,000 p. 19 | +12.1% |
| PS10 | Jun 15, 2007 | $25,100 | — | — |
| PS19 | Jun 15, 2007 | $486,720 | — | — |
| 5A | Aug 21, 2007 | $461,370 | $468,000 p. 20 | −1.4% |
| 5C | Jan 17, 2008 | $354,900 | $444,000 p. 21 | −20.1% |
Pro
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
- 355 Realty Associates, LLC
- Counsel
- Victor Gartenstein, P.C.
- Tax estimate
- Victor Gartenstein P.C.Prepared the first-year real estate tax projection
- Construction lender
- North Fork BankLender on the mortgage and building loan agreement recorded March 2004 in ACRIS; $6.65 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 366 Kings Highway Condominiumnext door · 16 units · 2013
- Condominium Firenzenext door · 37 units · 22 parking · 2008
- 379-389 Kings Highway Condonext door · 31 units · 15 parking · 2005
- 380 Condominiumnext door · 8 units · 12 parking · 2010
- Galleria Condominiumnext door · 24 units · 25 parking · 2009
- Kings Place Condominiumnext door · 51 units · 26 parking · 2022