THE CONDO BOOK PROJECT

762 Park Place Condominium

762 Park Place, Brooklyn, NY 11216

Overview

Units
23 residential · 12 parking
Subway
7 min walk to Park Pl SNostrand Av 3, 8 min
Offering price
$23 million total $20.9 million when first offered

The sponsor of record is 762 Park LLC, represented by Marcus Attorneys. The sponsor has filed 12 amendments, the latest in July 2018. The nearest other condo plan on file is 115 Rogers Avenue Condominium, next door.

Plan CD150289 · New · accepted Mar 18, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan23 of 23
Closingsfirst and latest recordedMay 4, 2018 – Sep 20, 2018

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.

All 23 closings
HomeRecordedClosing priceSchedule ADifference
4CMay 4, 2018$931,699one deed, 2 homes——
PH3May 4, 2018$1,013,490——
2DMay 7, 2018$1,075,000one deed, 2 homes——
3DMay 7, 2018$1,131,758one deed, 2 homes——
4BMay 7, 2018$1,030,885——
5AMay 8, 2018$795,000——
5CMay 8, 2018$999,922——
3CMay 9, 2018$890,969——
6BMay 9, 2018$1,181,170one deed, 2 homes——
PH1May 9, 2018$1,600,000——
4AMay 10, 2018$794,235one deed, 2 homes——
2AMay 11, 2018$748,414one deed, 2 homes——
2BMay 11, 2018$1,018,250one deed, 2 homes——
3BMay 11, 2018$998,394——
4DMay 11, 2018$1,160,805one deed, 2 homes——
5DMay 14, 2018$1,165,896——
6DMay 14, 2018$1,288,086one deed, 2 homes——
2CMay 17, 2018$855,330one deed, 2 homes——
6CMay 17, 2018$962,246——
PH2May 22, 2018$731,616——
3AJul 6, 2018$733,140——
6AJul 13, 2018$893,623one deed, 2 homes——
5BSep 20, 2018$1,089,528——

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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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Team

Sponsor
762 Park LLC
Construction lender
Valley National BankLender on the mortgage and building loan agreement recorded October 2015 in ACRIS; $11.6 million recorded

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

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