THE CONDO BOOK PROJECT

531 11th Street Condominium

531 11th Street, Brooklyn, NY 11215

Overview

Units
3 residential
Subway
3 min walk to 7 Av F G15 St-Prospect Park F G, 8 min
Offering price
$4.9 million total $5.75 million when first offered

The sponsor of record is Rdh Development LLC, represented by Jeffrey Zwick & Associates, P.C.. The sponsor has filed 1 amendment, the latest in October 2017. The nearest other condo plan on file is 543 11th Street Condominium, next door.

Plan CD160167 · Rehab · accepted Oct 18, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan3 of 3
Closingsfirst and latest recordedAug 31, 2017 – Sep 19, 2017

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
1Aug 31, 2017$1,825,000——
3Aug 31, 2017$1,625,000——
2Sep 19, 2017$1,120,075——

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
Rdh Development LLC

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

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