THE CONDO BOOK PROJECT

461 Washington Avenue Condominium

461 Washington Avenue, Brooklyn, NY 11238

Overview

Units
4 residential
Subway
2 min walk to Clinton-Washington Avs CClinton-Washington Avs G, 5 min
Offering price
$7.21 million total $5.34 million when first offered

The sponsor of record is 461 Washington Avenue LLC, represented by Jeffrey Zwick & Associates, P.C.. The sponsor has filed 5 amendments, the latest in March 2017. The nearest other condo plan on file is 476 Washington Avenue Condominium, next door.

Plan CD140323 · Rehab · accepted Oct 15, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan4 of 4
Closingsfirst and latest recordedSep 27, 2016 – Apr 19, 2017

Sales recorded with the Department of Finance (ACRIS) through Oct 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 4 closings
HomeRecordedClosing priceSchedule ADifference
2Sep 27, 2016$1,749,000——
4Dec 20, 2016$1,831,832——
1Feb 10, 2017$1,800,000——
3Apr 19, 2017$1,749,000——

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
461 Washington Avenue LLC
Construction lender
Ontario Wealth Management CorporationLender on the mortgage and building loan agreement recorded July 2014 in ACRIS; $2.25 million recorded

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

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