THE CONDO BOOK PROJECT

419 Herkimer Street Condominium

419 Herkimer Street, Brooklyn, NY 11213

Overview

Units
8 residential
Subway
3 min walk to Kingston-Throop Avs CUtica Av A C, 9 min
Offering price
$5.1 million total $5.19 million when first offered

The sponsor of record is 419 Herkimer LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The sponsor has filed 4 amendments, the latest in January 2020. The nearest other condo plan on file is Herkimer Street Condominiums, next door.

Plan CD160270 · New · accepted Jan 25, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedSep 1, 2017 – Nov 18, 2021

Sales recorded with the Department of Finance (ACRIS) through Jan 31, 2025: 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
3RSep 1, 2017$580,000——
PHFSep 15, 2017$743,323——
1RSep 18, 2017$650,000——
2FSep 29, 2017$535,000——
3FDec 15, 2017$680,000——
2RJan 10, 2019$430,950——
PHRDec 2, 2020$535,000——
1FNov 18, 2021$460,000——

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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
419 Herkimer LLC
Construction lender
Tideway Capital FundingLender on the mortgage and building loan agreement recorded August 2015 in ACRIS; $1.6 million recorded

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

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