408 Third Street Condominium
408 3rd Street, Brooklyn, NY 11215
Overview
- Units
- 4 residential
- Subway
- 10 min walk to 7 Av F GUnion St R, 10 min
- Principals
- Carlos Saavedra
- Offering price
- $10.5 million total
- Floor plans
- Pages 219–222 of the plan
The sponsor of record is 408 Third St LLC, represented by Marans Newman Tsolis & Nazinitsky LLC. The offering plan runs 294 pages. The sponsor has filed 2 amendments, the latest in April 2023. The nearest other condo plan on file is 408 Third Street Condominium, next door.
Plan CD220057 · New · accepted Aug 8, 2022 · AG record ↗
Closings Pro
| Homes closed100% of the homes in the plan | 4 of 4 |
| Closingsfirst and latest recorded | Dec 22, 2022 – Jan 20, 2023 |
Sales recorded with the Department of Finance (ACRIS) through Mar 31, 2023: 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
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1 | Dec 22, 2022 | $2,985,000 | — | — |
| 2 | Jan 4, 2023 | $2,545,625 | — | — |
| 3 | Jan 20, 2023 | $2,375,000 | — | — |
| 4 | Jan 20, 2023 | $2,450,000 | — | — |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- 408 Third St LLC
- Principals
- Carlos Saavedra
- Tax estimate
- MGNY ConsultingPrepared the first-year real estate tax projection
- Construction lender
- S3 Capital$4.4 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 408 Third Street Condominiumnext door · 4 units · 2001
- 357 Fourth Street Condominiumnext door · 4 units · 2006
- Park Slope Retreat Condominiumnext door · 8 units · 2008
- 432 Third Street Condominiumnext door · 4 units · 2010
- 423 3rd Street Condominiumnext door · 4 units · 2019
- 392 2nd Street Condominiumnext door · 3 units · 2010