THE CONDO BOOK PROJECT

41 Garnet Street Condominium

41 Garnet Street, Brooklyn, NY 11216

Overview

Units
7 residential
Subway
3 min walk to Smith-9 Sts F GCarroll St F G, 9 min
Offering price
$10.5 million total $12.6 million when first offered

The sponsor of record is 1119 38th Street LLC/937 Bushwick LLC/Ykd Development LLC, represented by Schneider Law Group. The sponsor has filed 2 amendments, the latest in May 2021. The nearest other condo plan on file is 45 Garnet Street Condominium, next door.

Plan CD180300 · New · accepted Oct 25, 2019 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan7 of 7
Closingsfirst and latest recordedJan 14, 2020 – Feb 7, 2022

Sales recorded with the Department of Finance (ACRIS) through Feb 28, 2022: 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 7 closings
HomeRecordedClosing priceSchedule ADifference
1AJan 14, 2020$1,615,000——
# 2BMar 30, 2021$1,175,000——
2AApr 2, 2021$1,027,000——
3CApr 20, 2021$999,000——
1BJul 2, 2021$1,615,000——
3ADec 13, 2021$1,450,000——
3BFeb 7, 2022$1,460,000——

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
1119 38th Street LLC/937 Bushwick LLC/Ykd Development LLC

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

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