THE CONDO BOOK PROJECT

821 53rd Street Condominium

821 53rd Street, Brooklyn, NY 11220

Overview

Units
8 residential · 2 commercial
Subway
10 min walk to 8 Av N53 St R, 13 min
Offering price
$4.74 million total $4.96 million when first offered

The sponsor of record is Fang Ping Realty, LLC, represented by Thomas E. Berinato, Attorney At Law. The sponsor has filed 3 amendments, the latest in December 2020. The nearest other condo plan on file is 825 53rd Street Condominium, next door.

Plan CD160339 · New · accepted Aug 31, 2017 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan8 of 8
Closingsfirst and latest recordedMay 3, 2018 – Sep 8, 2020

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 10 closings
HomeRecordedClosing priceSchedule ADifference
4AMay 3, 2018$395,460——
2BMay 7, 2018$395,460——
5CMay 7, 2018$273,780——
3BMay 10, 2018$405,600——
5DMay 10, 2018$223,080——
3AMay 17, 2018$436,020——
4BAug 21, 2018$395,460——
2ADec 4, 2018$456,300——
C2Aug 18, 2020$1,236,300——
C1Sep 8, 2020$509,125——

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
Fang Ping Realty, LLC

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

Nearby