95-97 Grattan Street Condominium
95 & 97 Grattan Street, Brooklyn, NY 11237
Overview
- Units
- 14 residential
- Subway
- 3 min walk to Morgan Av LJefferson St L, 8 min
- Developer
- Astral Weeks
- Principals
- Joseph Roubeni, Raymond Roubeni
- Average $/sf
- $1,171Homes in Schedule A, as first offered
- Common charges
- $566–$1,335 a monthSponsor's first-year estimate in Schedule A, January 1, 2022 to December 31, 2022
- Offering price
- $11.6 million total $11.1 million when first offered
- Floor plans
- Page 37 of the plan
The sponsor of record is 95-97 Grattan Street LLC, represented by Getler, Gomes & Sutton, PC. The offering plan runs 406 pages. The sponsor has filed 6 amendments, the latest in September 2022. The nearest other condo plan on file is 1048 Flushing Avenue Condominium, 0.1 mi away.
Plan CD210161 · New · accepted Feb 24, 2022 · AG record ↗
Compare
| Figure | This building1 | Villas At Hausman F/K/A 19 Hausman Street215 units · 1.3 miaccepted 2021 | 165 Malcolm X Boulevard38 units · 1.3 miaccepted 2022 |
|---|---|---|---|
| Common ChargesPer Square Foot / Month | $1.00Highest | $0.30 | $0.64 |
| Average Offering PricePer Apartment | $802,143In line | $1.04M | $694,000 |
| Average PricePer Square Foot | $1,171In line | $1,241 | $1,149 |
| Property TaxesPer Square Foot / Month | $0.57Lowest | $0.99 | $0.69 |
| Average Unit SizeSquare Feet | 685 SFIn line | 839 SF | 604 SF |
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Unit mix, closings, budgets, finishes and the team, against Villas At Hausman F/K/A 19 Hausman Street and 165 Malcolm X Boulevard, cited to the offering plans. No credit card required.
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- 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
Closings Pro
| Homes closed100% of the homes in Schedule A | 14 of 14 |
| Closing prices vs. Schedule A14 homes: $11,693,308 at closing against $11,230,000 in Schedule A (p. 36) | +4.1% |
| Average closing price14 homes, on their Schedule A square feet | $1,219 / SF |
| Closingsfirst and latest recorded | Jul 12, 2022 – Sep 30, 2022 |
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 14 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 1A | Jul 12, 2022 | $1,348,953 | $1,225,000 p. 36 | +10.1% |
| 2D | Aug 1, 2022 | $743,323 | $720,000 p. 36 | +3.2% |
| PHB | Aug 2, 2022 | $758,596 | $745,000 p. 36 | +1.8% |
| 3B | Aug 4, 2022 | $740,000 | $730,000 p. 36 | +1.4% |
| 3C | Aug 4, 2022 | $740,000 | $730,000 p. 36 | +1.4% |
| 3D | Aug 4, 2022 | $758,596 | $735,000 p. 36 | +3.2% |
| PHD | Aug 4, 2022 | $789,144 | $750,000 p. 36 | +5.2% |
| PHA | Aug 9, 2022 | $778,961 | $750,000 p. 36 | +3.9% |
| PHC | Aug 9, 2022 | $758,596 | $745,000 p. 36 | +1.8% |
| 2B | Aug 11, 2022 | $722,958 | $710,000 p. 36 | +1.8% |
| 1B | Sep 7, 2022 | $1,349,181 | $1,225,000 p. 36 | +10.1% |
| 2A | Sep 23, 2022 | $730,000 | $720,000 p. 36 | +1.4% |
| 3A | Sep 29, 2022 | $745,000 | $735,000 p. 36 | +1.4% |
| 2C | Sep 30, 2022 | $730,000 | $710,000 p. 36 | +2.8% |
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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
- 95-97 Grattan Street LLC
- Developer
- Astral Weeks
- Principals
- Joseph Roubeni, Raymond Roubeni
- Counsel
- Getler, Gomes & Sutton, PC
- Tax estimate
- Goldberg Weprin Finkel Goldstein LLPPrepared the first-year real estate tax projection
- Construction lender
- Investors Bank
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 1048 Flushing Avenue Condominium0.1 mi · 8 units · 2024
- 173 Knickerbocker Avenue Condominium0.2 mi · 8 units · 2015
- Lumbini Garden 20060.2 mi · 8 units · 2008
- 38 Wilson Avenue Condominium0.2 mi · 15 units · 8 parking · 2008
- 289 Troutman Street Condominium0.2 mi · 8 units · 2007
- 46 Wilson Avenue Condominum0.2 mi · 4 units · 2012