THE CONDO BOOK PROJECT

373 Lincoln Road Condominium

373 Lincoln Road, Brooklyn, NY 11225

Overview

Units
4 residential
Subway
3 min walk to Sterling St 2 5Winthrop St 2 5, 7 min
Offering price
$4.14 million total $3.98 million when first offered

The sponsor of record is 373 Lincoln 2017 LLC, represented by Phyllis Marie Kamysek, Pllc. The sponsor has filed 4 amendments, the latest in July 2019. The nearest other condo plan on file is 371 Lincoln Road Condominium, next door.

Plan CD180015 · New · accepted Oct 17, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedDec 30, 2019 – Jan 21, 2020

Sales recorded with the Department of Finance (ACRIS) through Jan 31, 2025: 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
1Dec 30, 2019$1,095,000——
4Dec 30, 2019$1,195,000——
2Jan 17, 2020$915,000——
3Jan 21, 2020$895,000——

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
373 Lincoln 2017 LLC
Construction lender
USCLender on the mortgage and building loan agreement recorded May 2018 in ACRIS; $2.56 million recorded

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

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