521 Greene Avenue Condominium
521 Greene Avenue, Brooklyn, NY 11216
Overview
- Units
- 2 residential
- Subway
- 3 min walk to Bedford-Nostrand Avs GMyrtle-Willoughby Avs G, 12 min
- Principals
- Reuven Rothstein, Zaur Laven
- Common charges
- $680–$685 a monthSponsor's first-year estimate in Schedule A, January 1, 2018
- Offering price
- $2.8 million total
- Floor plans
- Page 32 of the plan
The sponsor of record is 521 Greene Ph LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 335 pages. The nearest other condo plan on file is 521a Greene Avenue Condominium, next door.
Plan CD170007 · Rehab · accepted Jul 18, 2017 · AG record ↗
Compare
| Figure | This building1 | 664 Lafayette23 units · 0.2 miaccepted 2017 | 84 Sterling Place34 units · 1.5 miaccepted 2017 |
|---|---|---|---|
| Average Offering PricePer Apartment | $1.4MIn line | $1.12M | $1.44M |
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Unit mix, closings, budgets, finishes and the team, against 664 Lafayette and 84 Sterling Place, 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 | 2 of 2 |
| Closing prices vs. Schedule A2 homes: $2,828,239 at closing against $2,800,000 in Schedule A (p. 31) | +1% |
| Closingsfirst and latest recorded | Oct 23, 2017 |
Sales recorded with the Department of Finance (ACRIS) through Oct 31, 2023: 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 2 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1 | Oct 23, 2017 | $1,407,780 | $1,400,000 p. 31 | +0.6% |
| 2 | Oct 23, 2017 | $1,420,459 | $1,400,000 p. 31 | +1.5% |
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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
- 521 Greene Ph LLC
- Principals
- Reuven Rothstein, Zaur Laven
- Tax estimate
- Metropolitan Reality ExemptionsPrepared the first-year real estate tax projection
- Construction lender
- Country BankLender on the mortgage and building loan agreement recorded August 2016 in ACRIS; $2 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 521a Greene Avenue Condominiumnext door · 3 units · 2013
- 537 Greene Avenue Condominiumnext door · 3 units · 2014
- 287 Nostrand Condominiumnext door · 2 units
- 291 Nostrand Gardens Condominiumnext door · 4 units · 2006
- 277 Nostrand Avenue Condominiumnext door · 7 units · 2005
- 273 Nostrand Avenue Condominiumnext door · 7 units · 2006