88 North 5th Street Condominium
88 North 5th Street, Brooklyn, NY 11211
Overview
- Units
- 8 residential
- Subway
- 5 min walk to Bedford Av LMetropolitan Av/Lorimer St G L, 12 min
- Principals
- Jongoon Kim
- Average $/sf
- $693Homes in Schedule A, as first offered
- Common charges
- $308–$629 a monthSponsor's first-year estimate in Schedule A, January 1, 2013
- Offering price
- $3.67 million total
The sponsor of record is Acky, LLC, represented by The Law Office Of Charles Mandelbaum P.C.. The offering plan runs 283 pages. The nearest other condo plan on file is 90 North 5th Street Condominium, next door.
Plan CD110215 · New · accepted May 8, 2012 · AG record ↗
Compare
| Figure | This building1 | 35 Havemeyer28 units · 0.4 miaccepted 2011 | Greenpoint Plaza315 units · 1.1 miaccepted 2010 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $0.77Highest | $0.50 | $0.43 |
| Average Offering PricePer Apartment | $458,125Below peers | $490,750 | $459,733 |
| Average PricePer Square Foot | $693Below peers | $720 | $707 |
| Property TaxesPer Square Foot / Month | $0.04In line | $0.03 | $0.05 |
| Average Unit SizeSquare Feet | 661 SFIn line | 681 SF | 650 SF |
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Unit mix, closings, budgets, finishes and the team, against 35 Havemeyer and Greenpoint Plaza, cited to the offering plans. No credit card required.
Create a free accountHow 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.
Units & Prices
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
- Acky, LLC
- Principals
- Jongoon Kim
- Tax estimate
- The Law Office of Charles Mandelbaum P.C.Prepared the first-year real estate tax projection
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 90 North 5th Street Condominiumnext door · 23 units · 11 parking · 2009
- 96 North 5th Street Condominiumnext door · 6 units · 2015
- N V 101 N5th/Metropolis Condonext door · 40 units · 20 parking · 2007
- Steelworks Lofts Condominiumnext door · 88 units · 46 parking · 2008
- Mill Buildingnext door · 63 units · 2006
- 76 North 6th Street Condominiumnext door · 3 units · 2019