Waterbridge 47 Condominium
47 Bridge Street, Brooklyn, NY 11201
Overview
- Units
- 25 residential · 7 parking
- Subway
- 5 min walk to York St FHigh St A C, 10 min
- Developer
- Greystone Property Development Corp.
- Principals
- Curtis A. Pollock
- Average $/sf
- $1,505Homes in Schedule A, as first offered
- Offering price
- $41.4 million total $38.4 million when first offered
- Floor plans
- Pages 201–203 of the plan
The sponsor of record is 47-51 Bridge Street Property LLC, represented by Marans, Weisz & Newman LLC. The offering plan runs 268 pages. The sponsor has filed 8 amendments, the latest in March 2016. The nearest other condo plan on file is 37 And 43 Bridge Street Condominium, next door.
Plan CD140212 · New · accepted Nov 10, 2014 · AG record ↗
Compare
| Figure | This building1 | Six Ten Warren231 units · 1.5 miaccepted 2016 | 531 Vanderbilt318 units · 1.7 miaccepted 2014 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.86Highest | $0.62 | $0.56 |
| Average Offering PricePer Apartment | $1.54MAbove peers | $1.51M | $565,417 |
| Average PricePer Square Foot | $1,505Highest | $1,300 | $1,024 |
| Average Unit SizeSquare Feet | 1,020 SFIn line | 1,162 SF | 552 SF |
Free Account
See the Full Comp
Unit mix, closings, budgets, finishes and the team, against Six Ten Warren and 531 Vanderbilt, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 25 of 25 |
| Closing prices vs. Schedule A25 homes: $36,158,385 at closing against $38,385,000 in Schedule A (p. 25) | −5.8% |
| Average closing price25 homes, on their Schedule A square feet | $1,418 / SF |
| Closingsfirst and latest recorded | Dec 2, 2015 – Dec 30, 2015 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 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 25 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 5A | Dec 2, 2015 | $972,429 | $955,000 p. 25 | +1.8% |
| PHA | Dec 7, 2015 | $1,883,763 | $2,375,000 p. 25 | −20.7% |
| 4A | Dec 8, 2015 | $931,699 | $935,000 p. 25 | −0.4% |
| 3D | Dec 9, 2015 | $1,373,000 | $1,400,000 p. 25 | −1.9% |
| 4D | Dec 9, 2015 | $1,578,288 | $1,450,000 p. 25 | +8.8% |
| 5D | Dec 10, 2015 | $1,390,000 | $1,475,000 p. 25 | −5.8% |
| 3B | Dec 14, 2015 | $1,293,178 | $1,350,000 p. 25 | −4.2% |
| 3C | Dec 14, 2015 | $1,771,755 | $2,150,000 p. 25 | −17.6% |
| THC | Dec 15, 2015 | $1,459,407 | $1,365,000 p. 25 | +6.9% |
| 5C | Dec 16, 2015 | $1,990,679 | $2,260,000 p. 25 | −11.9% |
| 2D | Dec 17, 2015 | $1,285,541 | $1,365,000 p. 25 | −5.8% |
| 4B | Dec 17, 2015 | $1,344,090 | $1,385,000 p. 25 | −3% |
| 6B | Dec 17, 2015 | $1,410,276 | $1,450,000 p. 25 | −2.7% |
| 6C | Dec 17, 2015 | $1,929,584 | $2,310,000 p. 25 | −16.5% |
| 6D | Dec 17, 2015 | $1,461,189 | $1,515,000 p. 25 | −3.6% |
| THA | Dec 21, 2015 | $1,233,214 | $1,150,000 p. 25 | +7.2% |
| 2C | Dec 22, 2015 | $1,883,763 | $2,100,000 p. 25 | −10.3% |
| 4C | Dec 22, 2015 | $2,071,121 | $2,205,000 p. 25 | −6.1% |
| THB | Dec 22, 2015 | $1,374,638 | $1,240,000 p. 25 | +10.9% |
| 2A | Dec 23, 2015 | $875,677 | $895,000 p. 25 | −2.2% |
| 5B | Dec 23, 2015 | $1,386,857 | $1,425,000 p. 25 | −2.7% |
| 6A | Dec 23, 2015 | $992,794 | $975,000 p. 25 | +1.8% |
| PHB | Dec 23, 2015 | $2,087,413 | $2,425,000 p. 25 | −13.9% |
| 3A | Dec 28, 2015 | $905,224 | $915,000 p. 25 | −1.1% |
| 2B | Dec 30, 2015 | $1,272,813 | $1,315,000 p. 25 | −3.2% |
Pro
Closings are for subscribers
Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- 47-51 Bridge Street Property LLC
- Developer
- Greystone Property Development Corp.
- Principals
- Curtis A. Pollock
- Counsel
- Marans, Weisz & Newman LLC
- Tax estimate
- Mazursky GroupPrepared the first-year real estate tax projection
- Construction lender
- Maxim Credit Group$13.8 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 37 And 43 Bridge Street Condominiumnext door · 45 units · 2011
- Bridge No. 50 Condominiumnext door · 58 units · 2004
- Vista On Vinegar Hill Condominiumnext door · 31 units · 15 parking · 2006
- 200 Water Street Condominiumnext door · 15 units · 2015
- 205 Waternext door · 66 units · 83 parking · 2011
- 79 Bridge Street Condominiumnext door · 37 units · 2002