569 Jefferson Condominium
569 Jefferson Avenue, Brooklyn, NY 11221
Overview
- Units
- 3 residential
- Subway
- 10 min walk to Utica Av A CKingston-Throop Avs C, 13 min
- Principals
- Yona Cohen
- Average $/sf
- $888Homes in Schedule A, as first offered
- Common charges
- $277–$641 a monthSponsor's first-year estimate in Schedule A, October 1, 2021 To September 30, 2022
- Offering price
- $3.81 million total $3.52 million when first offered
- Floor plans
- Page 5 of the plan
The sponsor of record is 569 Jefferson Avenue LLC, represented by Rothkrug Rothkrug & Spector, LLP. The offering plan runs 356 pages. The nearest other condo plan on file is Eco-Condos On Jefferson, next door.
Plan CD210105 · Rehab · accepted Sep 16, 2021 · AG record ↗
Compare
| Figure | This building1 | 184 St. Nicholas23 units · 1.6 miaccepted 2021 | 1070 Bergen34 units · 1 miaccepted 2021 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.31Below peers | $0.58 | $0.36 |
| Average Offering PricePer Apartment | $1.27MHighest | $1.04M | $1.07M |
| Average PricePer Square Foot | $888Below peers | $1,004 | $931 |
| Property TaxesPer Square Foot / Month | $0.29In line | $0.27 | $0.36 |
| Average Unit SizeSquare Feet | 1,432 SFLargest | 1,038 SF | 1,145 SF |
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Unit mix, closings, budgets, finishes and the team, against 184 St. Nicholas and 1070 Bergen, 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 | 3 of 3 |
| Closing prices vs. Schedule A3 homes: $3,840,969 at closing against $3,814,000 in Schedule A (p. 39) | +0.7% |
| Average closing price3 homes, on their Schedule A square feet | $894 / SF |
| Closingsfirst and latest recorded | Jul 8, 2022 – Jul 22, 2022 |
Sales recorded with the Department of Finance (ACRIS) through Aug 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
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1 | Jul 8, 2022 | $1,765,969 | $1,739,000 p. 39 | +1.6% |
| 2 | Jul 19, 2022 | $900,000 | $875,000 p. 39 | +2.9% |
| 3 | Jul 22, 2022 | $1,175,000 | $1,200,000 p. 39 | −2.1% |
Pro
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
- 569 Jefferson Avenue LLC
- Principals
- Yona Cohen
- Tax estimate
- Rothkrug & RothkrugPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Eco-Condos On Jeffersonnext door · 4 units · 2009
- 659 Putnam Avenue Condominiumnext door · 4 units · 2020
- 667 Putnam Avenue Condominiumnext door · 4 units · 2018
- 504 Hancock Street Condominiumnext door · 3 units · 2006
- 482 Hancock Street Condominiumnext door · 3 units · 2026
- Hancock Street Condominiumnext door · 6 units · 2014