37, 39 Madison Street Condominium
37, 39 Madison Street, Brooklyn, NY 11238
Overview
- Units
- 12 residential
- Subway
- 6 min walk to Franklin Av C SNostrand Av A C, 8 min
- Offering price
- $11.3 million total $10.7 million when first offered
The sponsor of record is 31 Madison Development, LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 3 amendments, the latest in February 2016. The nearest other condo plan on file is 58a Madison Street Condominium, next door.
Plan CD150089 · New · accepted Aug 4, 2015 · AG record ↗
Closings Pro
| Homes closed100% of the homes in the plan | 12 of 12 |
| Closingsfirst and latest recorded | Apr 14, 2016 – Jun 24, 2016 |
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 12 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 393A | Apr 14, 2016 | $1,140,000 | — | — |
| 39-1A | Apr 28, 2016 | $860,000 | — | — |
| 39-2B | May 3, 2016 | $635,000 | — | — |
| 39-2A | May 4, 2016 | $636,406 | — | — |
| 37-1A | May 6, 2016 | $950,000 | — | — |
| 39-1B | May 6, 2016 | $950,000 | — | — |
| 37-2B | May 10, 2016 | $615,000 | — | — |
| 37-2A | May 11, 2016 | $635,000 | — | — |
| 37-1B | May 16, 2016 | $890,000 | — | — |
| 39-3B | May 16, 2016 | $1,112,500 | — | — |
| 37-3A | May 25, 2016 | $1,149,000 | — | — |
| 37-3B | Jun 24, 2016 | $1,149,000 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Team
- Sponsor
- 31 Madison Development, LLC
- Construction lender
- Alpine Capital BankLender on the mortgage and building loan agreement recorded August 2015 in ACRIS; $3.79 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 58a Madison Street Condominiumnext door · 2 units · 2014
- 103 Putnam Avenue Condominiumnext door · 7 units · 2025
- 420 Franklin Avenue Condominiumnext door · 4 units · 2014
- 127 Putnam Avenue Condominiumnext door · 6 units · 2020
- 110 Putnam Avenue Condominiumnext door · 4 units · 2016
- Franklin Gardens Condominiumnext door · 8 units · 2008