Spencer
6 Spencer Place, Brooklyn, NY 11216
Overview
- Units
- 4 residential
- Subway
- 2 min walk to Franklin Av C SNostrand Av A C, 3 min
- Principals
- Michael Gendin
- Offering price
- $3.08 million total
- Floor plans
- Page 18 of the plan
The sponsor of record is 35789 Management LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The offering plan runs 323 pages. The sponsor has filed 2 amendments, the latest in June 2021. The nearest other condo plan on file is 1230 Bedford Avenue Condominium, next door.
Plan CD180334 · New · accepted Sep 2, 2020 · AG record ↗
Compare
| Figure | This building1 | 257 Throop24 units · 1.1 miaccepted 2020 | 93 Quincy36 units · 0.3 miaccepted 2020 |
|---|---|---|---|
| Average Offering PricePer Apartment | $771,250In line | $914,750 | $716,667 |
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Unit mix, closings, budgets, finishes and the team, against 257 Throop and 93 Quincy, cited to the offering plans. No credit card required.
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- 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.
Closings Pro
| Homes closed100% of the homes in the plan | 4 of 4 |
| Closingsfirst and latest recorded | Mar 5, 2021 – Aug 5, 2021 |
Sales recorded with the Department of Finance (ACRIS) through Apr 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.
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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
- 35789 Management LLC
- Principals
- Michael Gendin
- Tax estimate
- Empire Consulting Inc.Prepared the first-year real estate tax projection
- Construction lender
- Quicken Loans, Inc..Lender on the mortgage and building loan agreement recorded September 2018 in ACRIS; $1.96 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1230 Bedford Avenue Condominiumnext door · 8 units · 2021
- Bedford Place Condominiumnext door · 43 units · 2003
- 67 Jefferson Avenue Condominium ( The )next door · 3 units · 2016
- 39 Jefferson Avenue Condominiumnext door · 4 units · 2018
- Garden City Medical Condominium Inext door · 0 units · 2014
- Park Lee Fultonnext door · 11 units · 2024