688 6th Avenue Condominium
688 6th Avenue, Brooklyn, NY 11215
Overview
- Units
- 3 residential · 1 parking
- Subway
- 10 min walk to 25 St RProspect Av R, 10 min
- Principals
- Nick Barone, Ralph Barone
- Average $/sf
- $1,350Homes in Schedule A, as first offered
- Offering price
- $6.45 million total $6.11 million when first offered
- Floor plans
- Page 33 of the plan
The sponsor of record is 688 6th Ave LLC, represented by Rosen Law LLC. The offering plan runs 383 pages. The sponsor has filed 4 amendments, the latest in February 2024. The nearest other condo plan on file is 282-284 21st Street Condominium, next door.
Plan CD220156 · New · accepted Dec 16, 2022 · AG record ↗
Compare
| Figure | This building1 | 210 Columbia23 units · 1.8 miaccepted 2022 | 8 Windsor Place34 units · 0.3 miaccepted 2023 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.59 ⚠Highest | $0.38 | $0.40 |
| Average Offering PricePer Apartment | $2.02MAbove peers | $1.86M | $1.69M |
| Average PricePer Square Foot | $1,350Below peers | $1,400 | $1,433 |
| Average Unit SizeSquare Feet | 1,494 SFLarger | 1,328 SF | 1,178 SF |
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See the Full Comp
Unit mix, closings, budgets, finishes and the team, against 210 Columbia and 8 Windsor Place, 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.
⚠ Read from a partly legible Schedule B.
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 3 of 3 |
| Closing prices vs. Schedule A3 homes: $6,470,881 at closing against $6,050,000 in Schedule A (p. 43) | +7% |
| Average closing price3 homes, on their Schedule A square feet | $1,444 / SF |
| Closingsfirst and latest recorded | Dec 29, 2023 – Jan 31, 2024 |
Sales recorded with the Department of Finance (ACRIS) through Feb 29, 2024: 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 |
|---|---|---|---|---|
| 2 | Dec 29, 2023 | $1,866,881 | $1,650,000 p. 43 | +13.1% |
| 1 | Jan 16, 2024 | $2,100,000 | $2,150,000 p. 43 | −2.3% |
| 3 | Jan 31, 2024 | $2,504,000 | $2,250,000 p. 43 | +11.3% |
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
- 688 6th Ave LLC
- Principals
- Nick Barone, Ralph Barone
- Counsel
- Rosen Law LLC
- Tax estimate
- Rosen Law, LLCPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 282-284 21st Street Condominiumnext door · 10 units · 6 parking · 2007
- 289 22nd Street Condominiumnext door · 8 units · 2023
- 719 6th Avenue Condominiumnext door · 12 units · 6 parking · 2019
- Stanton On Sixth Condominiumnext door · 34 units · 18 parking · 2017
- 274 21st Streetnext door · 5 units · 2007
- 300 20th Street Condominiumnext door · 4 units · 2009