THE CONDO BOOK PROJECT

756 40th Street Condominium

756 40th Street, Brooklyn, NY 11232

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Overview

Units
7 residential
Subway
6 min walk to 9 Av DFort Hamilton Pkwy D, 10 min
Average $/sf
$1,061Homes in Schedule A, as first offered
Common charges
$207–$652 a monthSponsor's first-year estimate in Schedule A, January 1, 2023 To December 31, 2023
Offering price
$4.65 million total

The sponsor of record is 756 Jc Coin Realty LLC, represented by Eial Girtz, PC. The offering plan runs 282 pages. The sponsor has filed 4 amendments, the latest in July 2025. The nearest other condo plan on file is 754 40th Street Condominium, next door.

Plan CD210224 · Rehab · accepted Sep 13, 2022 · AG record ↗

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FigureThis building1915 56th27 units · 0.8 miaccepted 2023590 6th38 units · 1.8 miaccepted 2022
Common ChargesPer Square Foot / Month$0.49In line$0.68$0.34
Average Offering PricePer Apartment$664,286Lowest$845,714$2.49M
Average PricePer Square Foot$1,061In line$1,020$1,916
Property TaxesPer Square Foot / Month$0.82Lowest$1.19$1.00
Average Unit SizeSquare Feet626 SFSmallest829 SF1,300 SF

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Unit mix, closings, budgets, finishes and the team, against 915 56th and 590 6th, cited to the offering plans. No credit card required.

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How 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.

Closings Pro

Homes closed86% of the homes in Schedule A6 of 7
Closing prices vs. Schedule A6 homes: $3,252,920 at closing against $3,830,000 in Schedule A (p. 37)−15.1%
Average closing price6 homes, on their Schedule A square feet$930 / SF
Closingsfirst and latest recordedAug 21, 2025 – Aug 27, 2026

Sales recorded with the Department of Finance (ACRIS) through Sep 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.

All 6 closings
HomeRecordedClosing priceSchedule ADifference
2FAug 21, 2025$486,720$580,000 p. 37−16.1%
3ROct 28, 2025$565,129$595,000 p. 37−5%
2RMar 6, 2026$554,946$580,000 p. 37−4.3%
3FMar 23, 2026$486,720$595,000 p. 37−18.2%
1RMay 19, 2026$804,418$830,000 p. 37−3.1%
1FAug 27, 2026$354,988$650,000 p. 37−45.4%

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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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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
756 Jc Coin Realty LLC
Tax estimate
Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
Construction lender
Cathay Bank$499,000 loan stated in the plan

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

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