THE CONDO BOOK PROJECT

438 Humboldt Street Condominium

438 Humboldt Street, Brooklyn, NY 11211

Overview

Units
8 residential
Subway
5 min walk to Graham Av LGrand St L, 8 min
Offering price
$14.1 million total

The sponsor of record is 438-440 Humboldt Street, LLC, represented by Raphael And Marks Attorneys At Law. The sponsor has filed 3 amendments, the latest in August 2020. The nearest other condo plan on file is 444 Humboldt Street Condominium, next door.

Plan CD170382 · New · accepted Apr 30, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedOct 18, 2019 – Nov 5, 2020

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 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
3BOct 18, 2019$2,450,000——
1DOct 23, 2019$1,270,000——
1COct 24, 2019$1,282,995——
2AOct 25, 2019$1,624,109——
1BNov 5, 2019$992,794——
1ANov 7, 2019$941,881——
2BNov 15, 2019$1,613,926——
3ANov 5, 2020$2,341,975——

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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
438-440 Humboldt Street, LLC
Construction lender
Preferred BankLender on the mortgage and building loan agreement recorded December 2016 in ACRIS; $5.45 million recorded

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

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