THE CONDO BOOK PROJECT

62 Box Street Condominium

62 Box Street, Brooklyn, NY 11222

Overview

Units
6 residential · 4 parking
Subway
8 min walk to Greenpoint Av GVernon Blvd-Jackson Av 7, 10 min
Offering price
$7.22 million total $7.25 million when first offered

The sponsor of record is 62 Box Street LLC, represented by James J. Matusiak, Attorney At Law. The sponsor has filed 5 amendments, the latest in October 2019. The nearest other condo plan on file is 60 Box Street Condominiumm, next door.

Plan CD170025 · New · accepted Jun 14, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan6 of 6
Closingsfirst and latest recordedMay 23, 2019 – Apr 6, 2020

Sales recorded with the Department of Finance (ACRIS) through Jan 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 6 closings
HomeRecordedClosing priceSchedule ADifference
6BMay 23, 2019$721,525one deed, 2 homes——
5Jun 14, 2019$1,272,813——
2Aug 23, 2019$1,360,000one deed, 2 homes——
6AAug 30, 2019$715,000one deed, 2 homes——
3Dec 13, 2019$1,150,000——
4Apr 6, 2020$1,190,000——

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
62 Box Street LLC
Construction lender
Sharestates InvestmentsLender on the mortgage and building loan agreement recorded December 2016 in ACRIS; $5.59 million recorded

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

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