THE CONDO BOOK PROJECT

50 Greenpoint Avenue Condominium

50 Greenpoint Avenue, Brooklyn, NY 11222

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Overview

Units
44 residential · 23 parking
Subway
6 min walk to Greenpoint Av GNassau Av G, 12 min
Offering price
$54.2 million total $49.5 million when first offered

The sponsor of record is 50 Greenpoint Development LLC, represented by Marans Weisz & Newman LLC. The sponsor has filed 16 amendments, the latest in March 2018. The nearest other condo plan on file is Pencil Factory Condominium, 0.1 mi away.

Plan CD160148 · New · accepted Oct 31, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan44 of 44
Closingsfirst and latest recordedJul 26, 2017 – Jan 31, 2019

Sales recorded with the Department of Finance (ACRIS) through Apr 30, 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 68 closings
HomeRecordedClosing priceSchedule ADifference
5CJul 26, 2017$1,781,938——
4FJul 27, 2017$743,323——
5BJul 27, 2017$958,669——
2BJul 28, 2017$896,000——
2FJul 28, 2017$866,239one deed, 2 homes——
3FJul 28, 2017$763,688——
3HJul 28, 2017$1,629,200one deed, 2 homes——
PS-7Jul 28, 2017$866,239one deed, 2 homes——
PS-18Jul 28, 2017$1,629,200one deed, 2 homes——
4JJul 31, 2017$890,969——
4CAug 1, 2017$1,357,273one deed, 2 homes——
5FAug 1, 2017$1,160,494——
PS-17Aug 1, 2017$1,357,273one deed, 2 homes——
PS-19Aug 1, 2017$50,456——
6EAug 3, 2017$795,000——
3DAug 4, 2017$1,578,288——
PS-15Aug 4, 2017$25,100——
2GAug 7, 2017$1,272,813——
3JAug 8, 2017$865,513——
3CAug 10, 2017$1,603,744——
4AAug 10, 2017$941,881——
PS-21Aug 10, 2017$51,513——
5EAug 17, 2017$1,216,809——
4HAug 23, 2017$1,374,638——
PS-11Aug 23, 2017$76,369——
4EAug 28, 2017$730,000——
2CAug 29, 2017$1,325,000——
6AAug 29, 2017$1,013,159——
PS-8Aug 29, 2017$50,000——
6JAug 31, 2017$950,000one deed, 2 homes——
PS-22Aug 31, 2017$950,000one deed, 2 homes——
3ASep 6, 2017$901,151——
PS-12Sep 6, 2017$65,910——
3BSep 7, 2017$910,000——
2ASep 11, 2017$941,881one deed, 2 homes——
5JSep 11, 2017$936,790one deed, 2 homes——
PS-14Sep 11, 2017$941,881one deed, 2 homes——
PS-23Sep 11, 2017$936,790one deed, 2 homes——
2DSep 13, 2017$891,478——
5ASep 26, 2017$988,943——
PH-CSep 29, 2017$1,476,463——
2JOct 18, 2017$804,000——
6BOct 23, 2017$1,135,000one deed, 2 homes——
PS-16Oct 23, 2017$1,135,000one deed, 2 homes——
5HNov 8, 2017$1,832,850one deed, 2 homes——
PS-20Nov 8, 2017$1,832,850one deed, 2 homes——
2ENov 13, 2017$870,604one deed, 2 homes——
6CNov 13, 2017$1,650,000one deed, 2 homes——
PS-9Nov 13, 2017$1,650,000one deed, 2 homes——
PS-13Nov 13, 2017$870,604one deed, 2 homes——
4BNov 15, 2017$975,000——
PH-ANov 15, 2017$2,494,713one deed, 3 homes——
PS-4Nov 15, 2017$2,494,713one deed, 3 homes——
ST-1Nov 15, 2017$2,494,713one deed, 3 homes——
PH-BNov 17, 2017$1,522,284——
6HDec 14, 2017$1,555,000one deed, 2 homes——
PS-10Dec 14, 2017$1,555,000one deed, 2 homes——
3EDec 21, 2017$712,774——
5DJan 17, 2018$1,775,000——
3GJan 31, 2018$1,575,000one deed, 2 homes——
ST-3Jan 31, 2018$1,575,000one deed, 2 homes——
5GSep 26, 2018$2,570,000——
PS-1Sep 26, 2018$230,000one deed, 4 homes——
PS-2Sep 26, 2018$230,000one deed, 4 homes——
PS-3Sep 26, 2018$230,000one deed, 4 homes——
PS-6Sep 26, 2018$230,000one deed, 4 homes——
PH-DJan 31, 2019$2,087,413one deed, 2 homes——
PS-5Jan 31, 2019$2,087,413one deed, 2 homes——

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
50 Greenpoint Development LLC
Construction lender
G4 Capital PartnersLender on the mortgage and building loan agreement recorded August 2016 in ACRIS; $20.6 million recorded

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