THE CONDO BOOK PROJECT

Marcy Villa Condominium

594 Marcy Avenue, Brooklyn, NY 11206

Overview

Units
10 residential
Subway
2 min walk to Myrtle-Willoughby Avs GFlushing Av G, 8 min
Offering price
$6.61 million total $6.45 million when first offered

The sponsor of record is 594 Marcy Villa LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 5 amendments, the latest in September 2020. The nearest other condo plan on file is 592 Marcy Condominium, next door.

Plan CD170376 · New · accepted Jul 18, 2018 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan10 of 10
Closingsfirst and latest recordedJun 19, 2019 – Jun 22, 2026

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 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 11 closings
HomeRecordedClosing priceSchedule ADifference
3BJun 19, 2019$572,766——
3AJun 24, 2019$473,280——
1AJun 26, 2019$499,999——
2AJul 8, 2019$461,000——
4AJul 8, 2019$466,860——
4BJul 16, 2019$575,000——
2BJul 30, 2019$547,500——
PH2Aug 28, 2019$999,999——
PH1Nov 19, 2019$995,000——
IBNov 19, 2020$775,000——
1BJun 22, 2026$1,070,000——

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
594 Marcy Villa LLC
Construction lender
Alpine Capital BankLender on the mortgage and building loan agreement recorded November 2018 in ACRIS; $3.95 million recorded

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

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