THE CONDO BOOK PROJECT

401 Rutland Road Condominium

401 Rutland Road, Brooklyn, NY 11203

Overview

Units
22 residential · 11 parking · 14 storage · 1 commercial
Subway
6 min walk to Winthrop St 2 5Sterling St 2 5, 8 min
Offering price
$16 million total

The sponsor of record is NY Lefferts LLC, represented by Marans, Weisz & Newman LLC. The sponsor has filed 7 amendments, the latest in July 2023. The nearest other condo plan on file is 406 Midwood Street Condominium, next door.

Plan CD180477 · New · accepted Jan 10, 2020 · AG record ↗

Closings Pro

Homes closed91% of the homes in the plan20 of 22
Closingsfirst and latest recordedOct 20, 2021 – Feb 3, 2025

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 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 20 closings
HomeRecordedClosing priceSchedule ADifference
4AOct 20, 2021$712,775——
2EOct 21, 2021$544,764one deed, 2 homes——
2BOct 22, 2021$496,860one deed, 2 homes——
5DOct 22, 2021$636,406one deed, 2 homes——
2COct 25, 2021$519,308one deed, 2 homes——
6BOct 25, 2021$646,589one deed, 3 homes——
3AOct 27, 2021$707,684——
3COct 27, 2021$476,580——
4DOct 27, 2021$618,078one deed, 2 homes——
3BOct 28, 2021$577,348one deed, 2 homes——
4BDec 16, 2021$603,822one deed, 2 homes——
2AMar 15, 2022$778,961one deed, 2 homes——
5AMar 25, 2022$752,487——
6DMay 2, 2022$605,859——
4CMay 10, 2022$960,210one deed, 3 homes——
3DSep 2, 2022$410,670one deed, 2 homes——
3EOct 28, 2022$549,855one deed, 2 homes——
6ANov 17, 2022$796,781one deed, 2 homes——
5BAug 16, 2023$543,746——
2DFeb 3, 2025$425,000one deed, 2 homes——

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Closings are for subscribers

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
NY Lefferts LLC

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

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