THE CONDO BOOK PROJECT

499 Quincy Street Condominium

499 Quincy Street, Brooklyn, NY 11221

Overview

Units
3 residential
Subway
14 min walk to Kingston-Throop Avs CBedford-Nostrand Avs G, 16 min
Offering price
$2.4 million total $2.36 million when first offered

The sponsor of record is Formworks LLC, represented by Marcia E. Fokas, Attorney At Law. The sponsor has filed 2 amendments, the latest in April 2018. The nearest other condo plan on file is Kps Condominium, next door.

Plan CD150043 · New · accepted Sep 1, 2015 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan3 of 3
Closingsfirst and latest recordedOct 20, 2016 – May 20, 2019

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 2022: 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 3 closings
HomeRecordedClosing priceSchedule ADifference
3Oct 20, 2016$632,333——
2Jul 12, 2017$660,844——
1May 20, 2019$801,925——

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
Formworks LLC

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

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