THE CONDO BOOK PROJECT

496-498 Prospect Place Condominium

496-498 Prospect Place, Brooklyn, NY 11238

Overview

Units
6 residential
Subway
3 min walk to Park Pl SEastern Pkwy-Brooklyn Museum 2 3, 9 min
Offering price
$8.62 million total $8.28 million when first offered

The sponsor of record is Prospect One LLC, represented by Jeffrey Zwick & Associates, P.C.. The sponsor has filed 10 amendments, the latest in February 2020. The nearest other condo plan on file is Renaissance On Prospect Condominium, next door.

Plan CD180163 · New · accepted Jan 2, 2019 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan6 of 6
Closingsfirst and latest recordedSep 12, 2019 – Jun 19, 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 6 closings
HomeRecordedClosing priceSchedule ADifference
GRDNSep 12, 2019$1,523,779——
3Sep 27, 2019$1,325,000——
PHDec 2, 2019$1,476,463——
4Mar 19, 2020$1,400,094——
5Mar 30, 2020$1,451,006——
2Jun 19, 2020$1,373,619——

Pro

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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
Prospect One LLC

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