459 Quincy Street Condominium

459 Quincy Street, Brooklyn, NY 11221

Overview

Units: 10 residential
Subway: 12 min walk to Kingston-Throop Avs CBedford-Nostrand Avs G, 14 min
Developer: Infinity Properties LLC
Average $/sf: $1,056Homes in Schedule A, as first offered
Common charges: $388–$861 a monthSponsor's first-year estimate in Schedule A, July 1, 2020 - June 30, 2021
Offering price: $7.42 million total $7.38 million when first offered
Floor plans: Page 28 of the plan

The sponsor of record is 459 Quincy LLC, represented by Jeffrey Zwick & Associates, P.C.. The offering plan runs 294 pages. The sponsor has filed 3 amendments, the latest in January 2022. The nearest other condo plan on file is 434 Throop Avenue Condominium, next door.

Plan CD180344 · New · accepted Apr 1, 2020 · AG record ↗

Compare

Figure	This building¹	1269 Dekalb²10 units · 1 miaccepted 2020	778 Marcy³6 units · 0.3 miaccepted 2020
Common ChargesPer Square Foot / Month	$0.77Highest	$0.54	$0.52
Average Offering PricePer Apartment	$738,000Above peers	$713,530	$666,667
Average PricePer Square Foot	$1,056Above peers	$960	$993
Property TaxesPer Square Foot / Month	$0.95Above peers	$0.85	$0.47
Average Unit SizeSquare Feet	699 SFIn line	743 SF	671 SF

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Unit mix, closings, budgets, finishes and the team, against 1269 Dekalb and 778 Marcy, cited to the offering plans. No credit card required.

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How We Got This

Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed100% of the homes in Schedule A	10 of 10
Closing prices vs. Schedule A10 homes: $7,138,000 at closing against $7,380,000 in Schedule A (p. 27)	−3.3%
Average closing price10 homes, on their Schedule A square feet	$1,021 / SF
Closingsfirst and latest recorded	Jun 30, 2021 – Apr 4, 2022

Sales recorded with the Department of Finance (ACRIS) through Nov 30, 2023: 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 10 closings

Home	Recorded	Closing price	Schedule A	Difference
3A	Jun 30, 2021	$549,000	$575,000 p. 27	−4.5%
4B	Jul 15, 2021	$589,000	$599,000 p. 27	−1.7%
4C	Jul 15, 2021	$940,000	$949,000 p. 27	−0.9%
2A	Jul 16, 2021	$549,000	$559,000 p. 27	−1.8%
2C	Jul 19, 2021	$845,000	$879,000 p. 27	−3.9%
3B	Jul 20, 2021	$775,000	$825,000 p. 27	−6.1%
2B	Aug 25, 2021	$560,000	$575,000 p. 27	−2.6%
1B	Oct 18, 2021	$970,000	$995,000 p. 27	−2.5%
4A	Mar 25, 2022	$575,000	$625,000 p. 27	−8%
1A	Apr 4, 2022	$786,000	$799,000 p. 27	−1.6%