THE CONDO BOOK PROJECT

4102 8th Avenue Condominium

4102 8th Avenue, Brooklyn, NY 11232

Overview

Units
30 residential · 15 parking · 4 commercial
Subway
7 min walk to 9 Av DFort Hamilton Pkwy D, 9 min
Offering price
$23 million total

The sponsor of record is 4102 8th Ave LLC, represented by Thomas E. Berinato, Attorney At Law. The offering plan runs 322 pages. The sponsor has filed 2 amendments, the latest in August 2020. The nearest other condo plan on file is 4112 8th Avenue Condominium, next door.

Plan CD180169 · New · accepted Dec 10, 2019 · AG record ↗

Closings Pro

Homes closed77% of the homes in the plan23 of 30
Closingsfirst and latest recordedNov 20, 2020 – Nov 17, 2022

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 23 closings
HomeRecordedClosing priceSchedule ADifference
2CNov 20, 2020$405,600——
4DNov 30, 2020$354,900——
5EDec 28, 2020$405,600——
2BJan 6, 2021$375,180one deed, 2 homes——
6BJan 12, 2021$481,650——
3CJan 25, 2021$819,691one deed, 2 homes——
5BMar 26, 2021$382,278——
3EMar 29, 2021$524,399one deed, 2 homes——
4EMar 29, 2021$524,399one deed, 2 homes——
3AApr 22, 2021$425,880——
5CMay 6, 2021$560,038——
2FMay 7, 2021$519,308——
3GMay 13, 2021$578,366one deed, 2 homes——
4GJun 15, 2021$554,946——
3BJul 27, 2021$304,200——
2GAug 3, 2021$514,216——
3FAug 19, 2021$605,272one deed, 2 homes——
5DAug 19, 2021$605,272one deed, 2 homes——
2HAug 30, 2021$505,986——
3DSep 9, 2021$395,460——
5ASep 29, 2021$415,740——
4BDec 2, 2021$385,000——
6CNov 17, 2022$560,038one deed, 2 homes——

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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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
4102 8th Ave LLC
Tax estimate
Thomas E. BerinatoPrepared the first-year real estate tax projection

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

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