THE CONDO BOOK PROJECT

Forty2east Condominium

42 Maspeth Avenue, Brooklyn, NY 11211

Overview

Units
53 residential · 27 parking
Subway
4 min walk to Graham Av LGrand St L, 6 min
Offering price
$58.3 million total $43.7 million when first offered

The sponsor of record is 36 Maspeth Avenue LLC. The sponsor has filed 4 amendments, the latest in February 2021. The nearest other condo plan on file is 34 Maspeth Avenue Condominium, next door.

Plan CD140321 · New · accepted Jan 23, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan53 of 53
Closingsfirst and latest recordedJan 21, 2016 – Aug 24, 2023

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 81 closings
HomeRecordedClosing priceSchedule ADifference
2EJan 21, 2016$726,012——
3GJan 21, 2016$1,180,152——
4DJan 22, 2016$158,063——
3AJan 28, 2016$844,155one deed, 2 homes——
3IJan 28, 2016$784,027——
PS17Jan 28, 2016$844,155one deed, 2 homes——
2GJan 29, 2016$1,211,718one deed, 2 homes——
3EJan 29, 2016$766,615——
IHJan 29, 2016$700,047——
PS22Jan 29, 2016$1,211,718one deed, 2 homes——
1DFeb 2, 2016$1,476,463one deed, 2 homes——
2AFeb 2, 2016$753,505——
3CFeb 2, 2016$865,003——
3HFeb 2, 2016$803,399——
3JFeb 2, 2016$752,487——
4AFeb 2, 2016$819,691one deed, 2 homes——
PS2Feb 2, 2016$819,691one deed, 2 homes——
PS7Feb 2, 2016$1,476,463one deed, 2 homes——
4GFeb 3, 2016$1,247,356one deed, 2 homes——
5GFeb 3, 2016$1,344,090one deed, 2 homes——
PS8Feb 3, 2016$1,344,090one deed, 2 homes——
PS23Feb 3, 2016$1,247,356one deed, 2 homes——
2JFeb 4, 2016$767,761one deed, 2 homes——
PS18Feb 4, 2016$767,761one deed, 2 homes——
4EFeb 10, 2016$763,688one deed, 2 homes——
PS20Feb 10, 2016$763,688one deed, 2 homes——
2HFeb 25, 2016$773,870——
4BFeb 25, 2016$646,589——
5HFeb 25, 2016$813,531——
5IFeb 25, 2016$821,728——
2IMar 15, 2016$811,545one deed, 2 homes——
3BMar 15, 2016$623,169——
4IMar 15, 2016$803,399——
5DMar 15, 2016$829,874one deed, 2 homes——
PS3Mar 15, 2016$811,545one deed, 2 homes——
PS19Mar 15, 2016$829,874one deed, 2 homes——
2CMar 24, 2016$813,582——
3FApr 5, 2016$636,406one deed, 2 homes——
PS4Apr 5, 2016$636,406one deed, 2 homes——
2DApr 18, 2016$755,542——
6CMay 31, 2016$789,144——
2FJun 8, 2016$585,494——
3DJun 8, 2016$794,235one deed, 2 homes——
5EJun 8, 2016$823,408one deed, 2 homes——
6EJun 8, 2016$660,844——
PS5Jun 8, 2016$823,408one deed, 2 homes——
PS15Jun 8, 2016$794,235one deed, 2 homes——
6DJun 9, 2016$660,845——
5CJun 29, 2016$905,224one deed, 2 homes——
PS16Jun 29, 2016$905,224one deed, 2 homes——
PS1Jul 21, 2016$75,000one deed, 4 homes——
PS11Jul 21, 2016$75,000one deed, 4 homes——
PS25Jul 21, 2016$75,000one deed, 4 homes——
PS27Jul 21, 2016$75,000one deed, 4 homes——
1FJul 1, 2021$1,247,356——
5FJul 16, 2021$667,500one deed, 2 homes——
PS24Jul 16, 2021$667,500one deed, 2 homes——
6BAug 11, 2021$1,250,000one deed, 2 homes——
PS26Aug 11, 2021$1,250,000one deed, 2 homes——
5ASep 15, 2021$875,000one deed, 2 homes——
PS21Sep 15, 2021$875,000one deed, 2 homes——
5JSep 28, 2021$805,000one deed, 2 homes——
PS6Sep 28, 2021$805,000one deed, 2 homes——
6FNov 10, 2021$975,000——
1IJan 7, 2022$750,000——
5BJun 15, 2022$630,000——
1HAug 4, 2022$800,000——
4CAug 17, 2022$921,516——
4HSep 8, 2022$915,000one deed, 2 homes——
PS9Sep 8, 2022$915,000one deed, 2 homes——
PS14Sep 9, 2022$55,000——
4JSep 13, 2022$805,000one deed, 2 homes——
PS12Sep 13, 2022$805,000one deed, 2 homes——
6HOct 27, 2022$1,540,000one deed, 2 homes——
PS13Oct 27, 2022$1,540,000one deed, 2 homes——
6JJun 22, 2023$1,480,000one deed, 2 homes——
PS10Jun 22, 2023$1,480,000one deed, 2 homes——
1GJun 30, 2023$600,000——
4FJul 28, 2023$625,000——
2BAug 1, 2023$615,000——
1BAug 24, 2023$590,000——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Team

Sponsor
36 Maspeth Avenue LLC
Construction lender
TD BankLender on the mortgage and building loan agreement recorded November 2012 in ACRIS; $12.5 million recorded

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

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