THE CONDO BOOK PROJECT

940 40th Street Condominium

940 40th Street, Brooklyn, NY 11219

Overview

Units
7 residential · 2 commercial
Subway
3 min walk to 9 Av DFort Hamilton Pkwy D, 5 min
Offering price
$6.04 million total $4.39 million when first offered

The sponsor of record is Myw Realty LLC, represented by The Law Office Of Jay Lichtman. The sponsor has filed 5 amendments, the latest in October 2017. The nearest other condo plan on file is 959 41st Street Condomnium, next door.

Plan CD140330 · New · accepted May 4, 2015 · AG record ↗

Closings Pro

Homes closed57% of the homes in the plan4 of 7
Closingsfirst and latest recordedJul 18, 2017 – Oct 17, 2017

Sales recorded with the Department of Finance (ACRIS) through Aug 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 4 closings
HomeRecordedClosing priceSchedule ADifference
4AJul 18, 2017$471,510——
4BAug 4, 2017$466,440——
3BAug 18, 2017$486,720——
3AOct 17, 2017$489,762——

Pro

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
Myw Realty LLC

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

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