THE CONDO BOOK PROJECT

720 Nostrand Avenue Condominium

720 Nostrand Avenue, Brooklyn, NY 11216

Overview

Units
10 residential
Subway
7 min walk to Nostrand Av 3Park Pl S, 8 min
Offering price
$10.7 million total $9.05 million when first offered

The sponsor of record is Nostrand Street Properties LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 5 amendments, the latest in April 2019. The nearest other condo plan on file is 782 Prospect Place Condominium, next door.

Plan CD160187 · New · accepted Feb 13, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan10 of 10
Closingsfirst and latest recordedNov 28, 2018 – May 16, 2019

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2025: 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 10 closings
HomeRecordedClosing priceSchedule ADifference
4FNov 28, 2018$857,886——
2RDec 6, 2018$850,239——
4RDec 7, 2018$865,000——
1Dec 13, 2018$1,308,451——
3FDec 13, 2018$860,000——
3RDec 14, 2018$865,513——
5FJan 3, 2019$891,987——
5RFeb 15, 2019$870,604——
6Mar 11, 2019$1,081,382——
2FMay 16, 2019$830,000——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

Subscribe to seeAlready a member? Sign in

Team

Sponsor
Nostrand Street Properties LLC
Construction lender
Grande PrezzoLender on the mortgage and building loan agreement recorded November 2015 in ACRIS; $1.85 million recorded

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

Nearby