Heights Condominium
7902 15th Avenue, Brooklyn, NY 11209
Overview
- Units
- 13 residential
- Subway
- 7 min walk to 79 St D71 St D, 11 min
- Principals
- Gerardo Gargano, Michael Gargano
- Average $/sf
- $313Homes in Schedule A, as first offered
- Common charges
- $64–$90 a monthSponsor's first-year estimate in Schedule A, June 1st, 2001 - May 31st, 2002
- Offering price
- $3.77 million total
- Floor plans
- Pages 130–132 of the plan
The sponsor of record is Garg Development Inc., represented by Harold L. Gruber. The offering plan runs 182 pages. The sponsor has filed 1 amendment, the latest in September 2001. The nearest other condo plan on file is Dyker Gardens Condominium, 0.1 mi away.
Plan CD000135 · New · accepted Jan 17, 2001 · AG record ↗
Units & Prices
Closings Pro
| Homes closed92% of the homes in Schedule A | 12 of 13 |
| Closing prices vs. Schedule A12 homes: $4,638,893 at closing against $3,470,000 in Schedule A (p. 13) | +33.7% |
| Average closing price12 homes, on their Schedule A square feet | $421 / SF |
| Closingsfirst and latest recorded | Dec 19, 2002 – May 19, 2022 |
Sales recorded with the Department of Finance (ACRIS) through May 31, 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 12 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 2A | Dec 19, 2002 | $370,110 | $305,000 p. 13 | +21.3% |
| 3D | Jan 30, 2003 | $268,710 | $305,000 p. 13 | −11.9% |
| 2D | Aug 19, 2003 | $367,573 | $305,000 p. 13 | +20.5% |
| 3C | Mar 15, 2004 | $350,000 | $305,000 p. 13 | +14.8% |
| 1E | Oct 22, 2004 | $400,000 | $295,000 p. 13 | +35.6% |
| 2C | Oct 22, 2004 | $375,000 | $305,000 p. 13 | +23% |
| 1D | Feb 14, 2005 | $325,000 | $295,000 p. 13 | +10.2% |
| 1A | Sep 29, 2005 | $350,000 | $265,000 p. 13 | +32.1% |
| 1B | Apr 11, 2006 | $375,000 | $215,000 p. 13 | +74.4% |
| 1C | Aug 24, 2006 | $275,000 | $265,000 p. 13 | +3.8% |
| 3B | Aug 2, 2010 | $440,000 | $305,000 p. 13 | +44.3% |
| 3A | May 19, 2022 | $742,500 | $305,000 p. 13 | +143.4% |
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
- Garg Development Inc.
- Principals
- Gerardo Gargano, Michael Gargano
- Counsel
- Harold L. Gruber
- Tax estimate
- Ben Rottenstein Associates LLCPrepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Dyker Gardens Condominium0.1 mi · 9 units · 6 parking · 2007
- 1446 Bay Ridge Parkway Condominium0.2 mi · 5 units · 4 parking · 2009
- 1624 78th Street Condominium0.2 mi · 16 units
- 1569 84th Street Condominium0.3 mi · 6 units · 2013
- Loretta Condominium0.3 mi · 4 units · 2004
- 1409 74th Street Condominium0.3 mi · 3 units · 2007