THE CONDO BOOK PROJECT

410 Nostrand Avenue Condominium

410 Nostrand Avenue, Brooklyn, NY 11216

Overview

Units
8 residential · 1 commercial
Subway
7 min walk to Bedford-Nostrand Avs GNostrand Av A C, 7 min
Offering price
$6.17 million total $5.2 million when first offered

The sponsor of record is 478 Waverly Avenue LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 3 amendments, the latest in January 2019. The nearest other condo plan on file is 204 Monroe Street Condominium, next door.

Plan CD170352 · New · accepted Mar 19, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedFeb 14, 2019 – Aug 13, 2019

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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 8 closings
HomeRecordedClosing priceSchedule ADifference
2RFeb 14, 2019$775,000——
5RFeb 25, 2019$778,961——
4RMar 29, 2019$670,000——
3RApr 16, 2019$722,958——
4FMay 16, 2019$733,140——
2FJun 26, 2019$675,000——
3FAug 12, 2019$677,136——
5FAug 13, 2019$738,231——

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
478 Waverly Avenue LLC
Construction lenders
The Wheatley Harbor, The Gross Family HoldingsLender on the mortgage and building loan agreement recorded February 2017 in ACRIS; $2.45 million recorded

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

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