THE CONDO BOOK PROJECT

40 Somers Street Condominium

40 Somers Street, Brooklyn, NY 11221

Overview

Units
3 residential
Subway
1 min walk to Rockaway Av CChauncey St J Z, 7 min
Offering price
$1.59 million total

The sponsor of record is Bsd 50 Holdings LLC, represented by Breuer Herskowitz LLP. The sponsor has filed 2 amendments, the latest in February 2017. The nearest other condo plan on file is 1325 Herkimer Condominium, next door.

Plan CD150226 · Rehab · accepted Jan 22, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan3 of 3
Closingsfirst and latest recordedDec 27, 2017 – Feb 7, 2018

Sales recorded with the Department of Finance (ACRIS) through May 31, 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 3 closings
HomeRecordedClosing priceSchedule ADifference
2Dec 27, 2017$548,837——
3Dec 27, 2017$559,019——
1Feb 7, 2018$508,107——

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
Bsd 50 Holdings LLC

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

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