THE CONDO BOOK PROJECT

770 Lafayette Avenue Condominium

770 Lafayette Avenue, Brooklyn, NY 11221

Overview

Units
7 residential
Subway
10 min walk to Bedford-Nostrand Avs GMyrtle-Willoughby Avs G, 14 min
Offering price
$4.39 million total $3.65 million when first offered

The sponsor of record is Neb Ventures, LLC, represented by The Law Office Of Jay Lichtman, P.C.. The sponsor has filed 2 amendments, the latest in October 2017. The nearest other condo plan on file is 739 Lafayette Avenue Condominium, next door.

Plan CD160063 · New · accepted Aug 9, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan7 of 7
Closingsfirst and latest recordedMar 26, 2018 – Jul 19, 2018

Sales recorded with the Department of Finance (ACRIS) through Nov 30, 2023: 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 7 closings
HomeRecordedClosing priceSchedule ADifference
2RMar 26, 2018$565,000——
2FApr 11, 2018$575,000——
3FApr 13, 2018$585,000——
3RApr 16, 2018$580,000——
4FMay 3, 2018$590,000——
1Jul 19, 2018$930,000——
4RJul 19, 2018$580,000——

Pro

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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
Neb Ventures, LLC
Construction lender
Benbensti, AvrahamLender on the mortgage and building loan agreement recorded April 2015 in ACRIS; $2.7 million recorded

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

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