THE CONDO BOOK PROJECT

537 Court Street Condominium

537 Court Street, Brooklyn, NY 11231

Overview

Units
5 residential · 1 commercial
Subway
3 min walk to Smith-9 Sts F GCarroll St F G, 9 min
Offering price
$6.91 million total $6.9 million when first offered

The sponsor of record is 537 Court LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 3 amendments, the latest in January 2022. The nearest other condo plan on file is 529 Court Street Condo, next door.

Plan CD180156 · Rehab · accepted Jan 22, 2019 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan5 of 5
Closingsfirst and latest recordedAug 21, 2020 – Apr 23, 2021

Sales recorded with the Department of Finance (ACRIS) through Jun 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 5 closings
HomeRecordedClosing priceSchedule ADifference
3AAug 21, 2020$1,165,000——
1BNov 3, 2020$638,600——
2AJan 6, 2021$1,155,000——
4AJan 29, 2021$1,460,000——
2BApr 23, 2021$955,000——

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
537 Court LLC
Construction lender
Country BankLender on the mortgage and building loan agreement recorded February 2016 in ACRIS; $2 million recorded

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

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