THE CONDO BOOK PROJECT

Grand Manor

404 Grand Street, Brooklyn, NY 11211

Overview

Units
5 residential
Subway
4 min walk to Metropolitan Av/Lorimer St G LMarcy Av J M Z, 7 min
Offering price
$6.65 million total $6.4 million when first offered

The sponsor of record is 404 Grand Villa LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The sponsor has filed 5 amendments, the latest in March 2020. The nearest other condo plan on file is Grand Condominium, next door.

Plan CD160368 · New · accepted May 3, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan5 of 5
Closingsfirst and latest recordedDec 16, 2019 – Apr 15, 2020

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 5 closings
HomeRecordedClosing priceSchedule ADifference
2Dec 16, 2019$995,000——
4ADec 27, 2019$617,000——
3Feb 26, 2020$1,065,000——
4BMar 17, 2020$750,000——
1Apr 15, 2020$1,150,000——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Team

Sponsor
404 Grand Villa LLC
Construction lender
Genesis CapitalLender on the mortgage and building loan agreement recorded December 2016 in ACRIS; $2.44 million recorded

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

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