On The Sound Condominium
Island Point Road A/K/A 226 Fordham Pl., Bronx, NY 10464
Overview
- Units
- 43 residential · 15 parking
- Subway
- 67 min walk to Pelham Bay Park 6Buhre Av 6, 77 min
- Developer
- Greystone Property Development
- Principals
- Curtis A. Pollock
- Average $/sf
- $338Homes in Schedule A, as first offered
- Common charges
- $466–$1,109 a monthSponsor's first-year estimate in Schedule A, July 1, 2015 through June 30, 2016
- Offering price
- $32.8 million total $29.1 million when first offered
- Floor plans
- Page 38 of the plan
The sponsor of record is City Island Reserve LLC And Greystone City Island Unit Owner LLC, represented by Marans Weisz & Newman LLC. The offering plan runs 271 pages. The sponsor has filed 24 amendments, the latest in October 2020. The nearest other condo plan on file is Mariner'S Pointe Condominium, 0.3 mi away.
Plan CD140140 · New · accepted Feb 4, 2015 · AG record ↗
Units & Prices
Closings Pro
| Homes closed100% of the homes in Schedule A | 43 of 43 |
| Closingsfirst and latest recorded | Jun 24, 2016 – Jul 23, 2021 |
Sales recorded with the Department of Finance (ACRIS) through Aug 31, 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 43 closings
| Home | Recorded | Closing price | Schedule A | Difference |
|---|---|---|---|---|
| 69 | Jun 24, 2016 | $494,832 | — | — |
| 67 | Jun 28, 2016 | $588,549 | — | — |
| 1 | Jun 30, 2016 | $494,832 | — | — |
| 3 | Jul 5, 2016 | $578,366 | — | — |
| 61 | Jul 22, 2016 | $488,000 | — | — |
| 63 | Jul 25, 2016 | $588,549 | — | — |
| 7 | Jul 26, 2016 | $588,743 | — | — |
| 65 | Aug 30, 2016 | $494,832 | — | — |
| 5 | Sep 14, 2016 | $494,832 | — | — |
| 53 | Jan 4, 2017 | $537,636 | — | — |
| 57 | Jan 10, 2017 | $527,454 | — | — |
| 71 | Jan 30, 2017 | $596,232 | — | — |
| 51 | Feb 14, 2017 | $802,381 | — | — |
| 49 | Mar 30, 2017 | $558,001 | — | — |
| 68 | Dec 19, 2017 | $741,286 | — | — |
| 47 | Jan 9, 2018 | $812,564 | — | — |
| 66 | Apr 13, 2018 | $705,000 | — | — |
| 59 | May 1, 2018 | $778,000 | — | — |
| 23 | Nov 15, 2018 | $999,922 | — | — |
| 31 | Nov 15, 2018 | $1,135,349 | — | — |
| 13 | Nov 27, 2018 | $537,636 | — | — |
| 21 | Nov 27, 2018 | $812,564 | — | — |
| 19 | Nov 29, 2018 | $985,666 | — | — |
| 15 | Dec 11, 2018 | $578,000 | — | — |
| 29 | Dec 12, 2018 | $997,031 | — | — |
| 17 | Dec 20, 2018 | $802,381 | — | — |
| 27 | Dec 20, 2018 | $812,564 | — | — |
| 55 | Apr 26, 2019 | $858,000 | — | — |
| 72 | Apr 26, 2019 | $928,000 | — | — |
| 11 | May 17, 2019 | $629,279 | — | — |
| 45 | Jun 11, 2019 | $743,323 | — | — |
| 9 | Jun 27, 2019 | $504,972 | — | — |
| 37 | Oct 8, 2019 | $914,389 | — | — |
| 33 | Oct 21, 2019 | $944,936 | — | — |
| 39 | Nov 6, 2019 | $914,389 | — | — |
| 41 | Dec 6, 2019 | $832,929 | — | — |
| 43 | Jan 2, 2020 | $1,100,000 | — | — |
| 70 | May 27, 2020 | $705,000 | — | — |
| 35 | Jun 18, 2020 | $1,045,000 | — | — |
| 26 | May 19, 2021 | $775,000 | — | — |
| 28 | Jul 1, 2021 | $936,790 | — | — |
| 30 | Jul 6, 2021 | $800,000 | — | — |
| 32 | Jul 23, 2021 | $926,608 | — | — |
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
- City Island Reserve LLC And Greystone City Island Unit Owner LLC
- Developer
- Greystone Property Development
- Principals
- Curtis A. Pollock
- Counsel
- Marans Weisz & Newman LLC
- Tax estimate
- Mazursky Group, Inc.Prepared the first-year real estate tax projection
- Construction lender
- 100 Mile Fund$5.55 million loan stated in the plan
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- Mariner'S Pointe Condominium0.3 mi · 20 units · 2003
- Outlook Point Condominium1.6 mi · 0 units · 2005
- Sunset Cove Condominium1.7 mi · 36 units · 2006
- Golden Beach Estates Condominium2.0 mi · 18 units · 2006
- Shelter Cove Estates Condominium2.0 mi · 32 units · 2004
- Residences North Hills Phase I Condominium2.2 mi · 124 units · 2014